INDUSTRIAL AND POWER ASSOCIATION LIMITED
🌳Matureactive
SC140994 · private-limited-guarant-nsc · incorporated 1992-10-30
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (71/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
43 officers (4 active, 43 linked, 36 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
166 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (100 events)Click to expand
- 2025-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-09-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-09-08➕MCNAUGHT, Colin Gordon appointedsecretary
- 2025-09-08➖CAMERON, David Macdonald resignedsecretary
- 2025-09-08➖CAMERON, David Macdonald resigneddirector
- 2024-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-16➖IRVING, David James resigneddirector
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-14➖CARLIN, Nicholas Charles resigneddirector
- 2022-12-14➖NOBLE, Stuart resigneddirector
- 2022-12-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-03➖BARRIE, David William resigneddirector
- 2019-03-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-02-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-03-07➖PELTENBURG, Simon resigneddirector
- 2017-02-01➖FARLEY, John Michael, Dr resigneddirector
- 2016-06-01➕BARRIE, David William appointeddirector
- 2016-06-01➖GALLOWAY, Brian resigneddirector
- 2016-06-01➕NOBLE, Stuart appointeddirector
- 2015-12-02➖MCCABE, Robert Anthony resigneddirector
- 2015-12-02➖ROSSINI, Jan Carlo resigneddirector
- 2014-12-17➕MCCABE, Robert Anthony appointeddirector
- 2013-12-17➕SPENCE, Grant Craig appointeddirector
- 2013-12-17➕CARLIN, Nicholas Charles appointeddirector
- 2013-12-17➖DUNWOODY, Robert Kerrigan resigneddirector
- 2013-12-17➖HOLMES, Robert resigneddirector
- 2013-10-30➖CHERRIE, John Thomson resigneddirector
- 2013-10-30➖MCMILLAN, Fraser James John resigneddirector
- 2013-10-30➖MORTIMER, Alan Alexander resigneddirector
- 2013-09-04➕GALLOWAY, Brian appointeddirector
- 2013-09-04➕PELTENBURG, Simon appointeddirector
- 2013-02-20➕CAMERON, David Macdonald appointedsecretary
- 2013-02-20➖DUGGAN, Jill Patricia resigneddirector
- 2013-02-20➕IRVING, David James appointeddirector
- 2013-02-20➖SMITH, Neil David resigneddirector
- 2012-09-04➕DUGGAN, Jill Patricia appointeddirector
- 2012-04-30➖HUNTER, Raymond Stephen resigneddirector
- 2011-12-13➕SMITH, Neil David appointeddirector
- 2010-11-05➕HENDRY, Alan Russell appointeddirector
- 2010-11-05➕CAMERON, David Macdonald appointeddirector
Showing most recent 50 of 100 events
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
63/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 19 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: CAMERON, David Macdonald resigned 2025-09-08; CAMERON, David Macdonald resigned 2025-09-08
🔒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 →Similar companies
Active · Professional services · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACE ANIMAL CARE LTD→ SC737090 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADD ONE (SCOTLAND) LIMITED→ SC211286 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ADR ENGAGEMENT SERVICES LTD→ SC554065 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AILSA BUSINESS SOLUTIONS LTD→ SC674406 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AILSA ENGINEERING LTD→ SC807077 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLIAM COMMERCIAL SERVICES LIMITED→ SC558552 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AMR CARGO SOLUTIONS LTD→ SC844676 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARMAR AEROSPACE LTD→ SC599890 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARO-TIME CONSULTANCY LIMITED→ SC860303 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASCENSION BUSINESS ADVISERS LTD→ SC790055 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ASHFIELD TRAINING & DEVELOPMENT LIMITED→ SC440144 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ASPIRATION ACCOUNTS LTD→ SC764818 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Statusactive
Typeprivate-limited-guarant-nsc
Incorporated1992-10-30
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.
Registered office
4 Old Glasgow Road
Stewarton
Kilmarnock
KA3 5JJ
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09
Officers (4 active · 39 resigned)
MCNAUGHT, Colin Gordon→
Activesecretary · appointed 2025-09-08
View their other companies + combined net worth →
HENDRY, Alan Russell→
Activedirector · ~63y · appointed 2010-11-05
View their other companies + combined net worth →
MCNAUGHT, Colin Gordon→
Activedirector · ~64y · appointed 2007-06-21
View their other companies + combined net worth →
SPENCE, Grant Craig→
Activedirector · ~56y · appointed 2013-12-17
View their other companies + combined net worth →
CAMERON, David Macdonald→
Resignedsecretary · appointed 2013-02-20 · resigned 2025-09-08
DOWDLES, Margaret→
Resignedsecretary · appointed 1992-10-30 · resigned 1993-07-05
EDWARDS, Jacqueline→
Resignedsecretary · appointed 1993-08-26 · resigned 1999-03-31
LOUDON, Robert→
Resignedsecretary · appointed 2000-03-29 · resigned 2007-04-24
SHIELDS, Charles Shields→
Resignedsecretary · appointed 2007-08-15 · resigned 2008-12-11
SHIELDS, Charles Shields→
Resignedsecretary · appointed 1999-03-31 · resigned 2000-03-29
ARMSTRONG, Hugh Blair→
Resigneddirector · ~87y · appointed 1994-06-02 · resigned 2004-10-27
BARRIE, David William→
Resigneddirector · ~49y · appointed 2016-06-01 · resigned 2019-03-03
CAMERON, David Macdonald→
Resigneddirector · ~63y · appointed 2010-11-05 · resigned 2025-09-08
CARLIN, Nicholas Charles→
Resigneddirector · ~45y · appointed 2013-12-17 · resigned 2022-12-14
CHERRIE, John Thomson→
Resigneddirector · ~61y · appointed 2007-01-25 · resigned 2013-10-30
DALY, Robert→
Resigneddirector · ~74y · appointed 1993-01-19 · resigned 1994-01-26
DEED, Stuart George Mackie→
Resigneddirector · ~64y · appointed 2007-12-18 · resigned 2009-04-20
DUGGAN, Jill Patricia→
Resigneddirector · ~69y · appointed 2012-09-04 · resigned 2013-02-20
DUNDAS, Alan Ralph→
Resigneddirector · ~85y · appointed 2000-03-29 · resigned 2006-08-22
DUNWOODY, Robert Kerrigan→
Resigneddirector · ~78y · appointed 2009-04-03 · resigned 2013-12-17
Click a director name to see their full track record across all companies.
Recent filings (166 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
appoint-person-secretary-company-with-name-date
officers · AP03
2025-09-09
termination-director-company-with-name-termination-date
officers · TM01
2025-09-09
termination-secretary-company-with-name-termination-date
officers · TM02
2025-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
change-person-director-company-with-change-date
officers · CH01
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
termination-director-company-with-name-termination-date
officers · TM01
2024-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-20
termination-director-company-with-name-termination-date
officers · TM01
2022-12-14
termination-director-company-with-name-termination-date
officers · TM01
2022-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-12