ITP SOLUTIONS LTD.

🌳Matureactive
SC234188 · ltd · incorporated 2002-07-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
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Turnover
year to Dec 2024
Net worth
£504.9k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 23.4y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 23.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (77/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 7 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
86 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £504,884
Net assets shrinking
Down £20,532 YoY
Cash YoY
-27%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£348k
↓ 27% YoY
Net Worth
£505k
↓ 3.9% YoY
Current Assets
£694k
↑ 7.3% YoY
Current Liabilities
£0£139k£278k£417k£555k£694kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£506.0k£526.7k
Current assets£694.2k£647.2k
Cash£347.9k£477.1k
Debtors£345.4k£169.2k
Net assets£504.9k£525.4k

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

🔒Filing-note intelligence

1 signal 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2025-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-08-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-04-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-04-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2016-06-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-07-23
    LEWIS, Marianne appointed
    secretary
  13. 2015-07-23
    LOUDEN, Derek William resigned
    secretary
  14. 2015-07-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-07-23
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  16. 2015-07-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2015-07-01
    LOUDEN, Derek William resigned
    director
  18. 2015-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2014-04-29
    MURRAY, Robert Hugh resigned
    director
  20. 2013-09-05
    🔓
    Charge satisfied #2
  21. 2011-11-25
    SINCLAIR, Stuart Charles resigned
    director
  22. 2011-07-18
    LOUDEN, Derek William appointed
    secretary
  23. 2010-12-06
    FAIRNS, Kirsty appointed
    director
  24. 2010-12-06
    LEWIS, Marianne appointed
    director
  25. 2010-12-06
    LOUDEN, Derek William appointed
    director
  26. 2010-12-06
    SINCLAIR, Stuart Charles appointed
    director
  27. 2010-09-16
    ROSS, David resigned
    director
  28. 2008-05-09
    CALLANAN, Andrew James resigned
    secretary
  29. 2005-12-20
    CALLANAN, Andrew James appointed
    secretary
  30. 2005-12-20
    MORRISON, Juliette resigned
    secretary
  31. 2002-12-17
    MACARTHUR, Alexander appointed
    director
  32. 2002-12-17
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  33. 2002-12-13
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland Commercial Services Limited
  34. 2002-07-16
    🏢
    Company incorporated
    As ITP SOLUTIONS LTD.
  35. 2002-07-16
    MORRISON, Juliette appointed
    secretary
  36. 2002-07-16
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  37. 2002-07-16
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  38. 2002-07-16
    MURRAY, Robert Hugh appointed
    director
  39. 2002-07-16
    ROSS, David appointed
    director
  40. 2002-07-16
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  41. 2002-07-16
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alexander Macarthur
Individual · British · DOB 06/1967 · age 59
2550%
25-50% shares16/07/2016
Mrs Kirsty Fairns
Individual · British · DOB 02/1973 · age 53
2550%
25-50% shares16/07/2016

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

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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
Typeltd
Incorporated2002-07-16
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities

Registered office

12-14 Seafield Road
Inverness
IV1 1SG
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-30
Last: 2025-07-16

Officers (4 active · 9 resigned)

LEWIS, Marianne
secretary · appointed 2015-07-23
View their other companies + combined net worth →
Active
FAIRNS, Kirsty
director · ~53y · appointed 2010-12-06
View their other companies + combined net worth →
Active
LEWIS, Marianne
director · ~55y · appointed 2010-12-06
View their other companies + combined net worth →
Active
MACARTHUR, Alexander
director · ~59y · appointed 2002-12-17
View their other companies + combined net worth →
Active
CALLANAN, Andrew James
secretary · appointed 2005-12-20 · resigned 2008-05-09
Resigned
LOUDEN, Derek William
secretary · appointed 2011-07-18 · resigned 2015-07-23
Resigned
MORRISON, Juliette
secretary · appointed 2002-07-16 · resigned 2005-12-20
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2002-07-16 · resigned 2002-07-16
Resigned
LOUDEN, Derek William
director · ~63y · appointed 2010-12-06 · resigned 2015-07-01
Resigned
MURRAY, Robert Hugh
director · ~70y · appointed 2002-07-16 · resigned 2014-04-29
Resigned
ROSS, David
director · ~66y · appointed 2002-07-16 · resigned 2010-09-16
Resigned
SINCLAIR, Stuart Charles
director · ~51y · appointed 2010-12-06 · resigned 2011-11-25
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2002-07-16 · resigned 2002-07-16
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property17/12/2002
satisfied
Lloyds Banking Group
The Royal Bank of Scotland Commercial Services Limited
Floating charge1 property13/12/200205/09/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (86 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-17