ICON INDUSTRIES LIMITED
💤Zombieactive
SC192057 · ltd · incorporated 1998-12-18
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 26511
Sector: Manufacturing
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)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
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 | 2024-12-31 | 2023-12-31 |
|---|
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-09-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-08-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-10-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-08-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-08-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-09-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-12-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-01-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-08-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-12-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-15➕EDGAR, Seonaidh Anne Douglas appointedsecretary
- 2010-03-15➖MEIKLEJOHN, Iain Maury Campbell resignednominee-secretary
- 1999-06-21➕EDGAR, James Paul appointeddirector
- 1999-06-21➖MEIKLEJOHN, Iain Maury Campbell resignednominee-director
- 1999-06-21➖WILL, James Robert resignednominee-director
- 1998-12-18🏢Company incorporatedAs ICON INDUSTRIES LIMITED
- 1998-12-18➕MEIKLEJOHN, Iain Maury Campbell appointednominee-secretary
- 1998-12-18➕MEIKLEJOHN, Iain Maury Campbell appointednominee-director
- 1998-12-18➕WILL, James Robert appointednominee-director
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Paul Edgar Individual · British · DOB 04/1953 · age 73 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Manufacturing · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BEYOND UTILITY LTD→ SC747627 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BLAZION LTD→ SC838867 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BOOKBINDING BY CRAWFORD LTD→ SC337349 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| BOOTS N PIECES LTD→ SC746479 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BOPLOG LTD→ SC873872 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BOTHANNA LTD→ SC624202 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BOTTLED ART LTD→ SC834944 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BUKO HOLDINGS LIMITED→ SC132832 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| BULKWELD HOLDINGS LIMITED→ SC671731 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BUTTERWORTHS LENSES LIMITED→ SC225522 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| CADEMUIR ENGINEERING LIMITED→ SC069993 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| CALCUT ENGINEERING LTD→ SC806966 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Typeltd
Incorporated1998-12-18
Jurisdictionscotland
Primary SIC26511 — SIC 26511
Registered office
3 Raw Holdings
East Calder
Livingston
West Lothian
EH53 0HY
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-15
Last: 2025-12-01
Officers (2 active · 3 resigned)
EDGAR, Seonaidh Anne Douglas→
Activesecretary · appointed 2010-03-15
View their other companies + combined net worth →
EDGAR, James Paul→
Activedirector · ~73y · appointed 1999-06-21
View their other companies + combined net worth →
MEIKLEJOHN, Iain Maury Campbell→
Resignednominee-secretary · appointed 1998-12-18 · resigned 2010-03-15
MEIKLEJOHN, Iain Maury Campbell→
Resignednominee-director · ~72y · appointed 1998-12-18 · resigned 1999-06-21
WILL, James Robert→
Resignednominee-director · ~71y · appointed 1998-12-18 · resigned 1999-06-21
Click a director name to see their full track record across all companies.
Recent filings (62 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-dormant
accounts · AA
2025-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-dormant
accounts · AA
2024-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-dormant
accounts · AA
2023-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-dormant
accounts · AA
2022-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-dormant
accounts · AA
2021-08-23
accounts-with-accounts-type-dormant
accounts · AA
2020-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-18
accounts-with-accounts-type-dormant
accounts · AA
2019-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-18