INTERNATIONAL DECORATIVE SURFACES LIMITED

⚰️Wound downadministration
13620105 · ltd · incorporated 2021-09-14
Investment thesis
Company administration — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2022
Net worth
book net assets
Opportunity
38/100
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What this business does
Primary activity: SIC 46730
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 38/100 (watch), bankability 7/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (80/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 3.9y

15/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Charge age ~3.9 years — mid-life; refi window approaching.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 53/100 (high).

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 10 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
38/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2022-12-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
1
filing
  • 1 insolvency
Last 90 days
1
filing
  • 1 insolvency
Last 180 days
2
filings
  • 1 insolvency
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
  1. 2026-04-11
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  2. 2025-11-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-11-19
    🔓
    Charge satisfied #2
  4. 2025-10-02
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  5. 2025-08-01
    ⚠️
    liquidation-in-administration-extension-of-period
    insolvency · AM19
  6. 2025-04-08
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  7. 2024-11-26
    ⚠️
    liquidation-in-administration-result-creditors-meeting
    insolvency · AM07
  8. 2024-11-06
    ⚠️
    liquidation-in-administration-proposals
    insolvency · AM03
  9. 2024-10-28
    ⚠️
    liquidation-in-administration-statement-of-affairs-with-form-attached
    insolvency · AM02
  10. 2024-09-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-09-16
    ⚠️
    liquidation-in-administration-appointment-of-administrator
    insolvency · AM01
  12. 2024-09-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2024-09-12
    OLIVER & CO. SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  14. 2024-03-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-02-29
    RIDDLE, Kevin John resigned
    director
  16. 2023-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2023-06-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2023-05-17
    REES, Alexander Latham resigned
    director
  19. 2023-05-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2023-03-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2023-01-13
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  22. 2023-01-09
    BURNS, Paul Mark appointed
    director
  23. 2023-01-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2023-01-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2023-01-05
    BAGSHAW, John Derek Michael resigned
    director
  26. 2023-01-05
    BAINS, Ranveer resigned
    director
  27. 2023-01-05
    RIDDLE, Kevin John appointed
    director
  28. 2023-01-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  29. 2023-01-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  30. 2023-01-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  31. 2023-01-04
    OLIVER & CO. SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  32. 2023-01-04
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  33. 2022-11-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  34. 2022-06-07
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  35. 2022-06-06
    SUTTON, Andrew James appointed
    director
  36. 2022-06-06
    KEEN, Richard resigned
    secretary
  37. 2022-06-06
    BAGSHAW, John Derek Michael appointed
    director
  38. 2022-06-06
    BAINS, Ranveer appointed
    director
  39. 2022-06-06
    BENNETT, Joseph William Jackson appointed
    director
  40. 2022-06-06
    BENNETT, Joseph William Jackson resigned
    director
  41. 2022-06-06
    CAMMACK, Nicholas James resigned
    director
  42. 2022-06-06
    NEWNHAM, Michael David resigned
    director
  43. 2022-06-06
    RANSOME, Edward Peter Taylor appointed
    director
  44. 2022-06-06
    RANSOME, Edward Peter Taylor resigned
    director
  45. 2022-06-06
    REES, Alexander Latham appointed
    director
  46. 2022-06-06
    🔒
    Charge registered #3
    Lender: Chiltern Capital Nominees Limited
  47. 2022-06-06
    🔒
    Charge registered #1
    Lender: Secure Trust Bank PLC
  48. 2021-09-14
    🏢
    Company incorporated
    As INTERNATIONAL DECORATIVE SURFACES LIMITED
  49. 2021-09-14
    KEEN, Richard appointed
    secretary
  50. 2021-09-14
    CAMMACK, Nicholas James appointed
    director
Showing most recent 50 of 51 events

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2024-09-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2024-09-27

Company status: administration
high

Company is in a formal insolvency or administration process. Treat accordingly.

8 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-04-11: liquidation-in-administration-progress-report; 2025-10-02: liquidation-in-administration-progress-report

Group structure

Earth Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Earth Bidco Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
INTERNATIONAL DECORATIVE SURFACES LIMITED
This company · 13620105

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Earth Bidco Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/06/2022
1 historic (ceased) PSC
  • Saint-Gobain Building Distribution Limited ceased 06/06/2022· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

12 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusadministration
Typeltd
Incorporated2021-09-14
Jurisdictionengland-wales
Primary SIC46730 — SIC 46730

Registered office

2nd Floor 110 Cannon Street
London
EC4N 6EU

Filing status

Accounts
Next due: 2024-09-30OVERDUE
Last made up to: 2022-12-31
Confirmation statement
Next due: 2024-09-27OVERDUE
Last: 2023-09-13

Officers (2 active · 10 resigned)

BURNS, Paul Mark
director · ~53y · appointed 2023-01-09
View their other companies + combined net worth →
Active
SUTTON, Andrew James
director · ~59y · appointed 2022-06-06
View their other companies + combined net worth →
Active
KEEN, Richard
secretary · appointed 2021-09-14 · resigned 2022-06-06
Resigned
OLIVER & CO. SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 2023-01-04 · resigned 2024-09-12
Resigned
BAGSHAW, John Derek Michael
director · ~66y · appointed 2022-06-06 · resigned 2023-01-05
Resigned
BAINS, Ranveer
director · ~51y · appointed 2022-06-06 · resigned 2023-01-05
Resigned
BENNETT, Joseph William Jackson
director · ~39y · appointed 2022-06-06 · resigned 2022-06-06
Resigned
CAMMACK, Nicholas James
director · ~54y · appointed 2021-09-14 · resigned 2022-06-06
Resigned
NEWNHAM, Michael David
director · ~60y · appointed 2021-09-14 · resigned 2022-06-06
Resigned
RANSOME, Edward Peter Taylor
director · ~42y · appointed 2022-06-06 · resigned 2022-06-06
Resigned
REES, Alexander Latham
director · ~46y · appointed 2022-06-06 · resigned 2023-05-17
Resigned
RIDDLE, Kevin John
director · ~61y · appointed 2023-01-05 · resigned 2024-02-29
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge07/06/202219/11/2025
outstanding
Chiltern Capital Nominees
Chiltern Capital Nominees Limited
A registered charge06/06/2022
outstanding
Secure Trust Bank
Secure Trust Bank PLC
A registered charge1 property06/06/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (47 total)

liquidation-in-administration-progress-report
insolvency · AM10
2026-04-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-19
liquidation-in-administration-progress-report
insolvency · AM10
2025-10-02
liquidation-in-administration-extension-of-period
insolvency · AM19
2025-08-01
liquidation-in-administration-progress-report
insolvency · AM10
2025-04-08
liquidation-in-administration-result-creditors-meeting
insolvency · AM07
2024-11-26
liquidation-in-administration-proposals
insolvency · AM03
2024-11-06
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · AM02
2024-10-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-16
liquidation-in-administration-appointment-of-administrator
insolvency · AM01
2024-09-16
termination-secretary-company-with-name-termination-date
officers · TM02
2024-09-16
termination-director-company-with-name-termination-date
officers · TM01
2024-03-12
accounts-with-accounts-type-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-06-26