IFS WORLDWIDE LTD.

🌳Matureactive
SC239586 · ltd · incorporated 2002-11-14
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£120.5k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other transportation support activities
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -33% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 5.6y

45/100
under pressure

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

  • · Oldest live charge is 5.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 2 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
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 £120,502
Net assets shrinking
Down £28,982 YoY
Cash YoY
-33%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£141k
↓ 33% YoY
Net Worth
£121k
↓ 19% YoY
Current Assets
£707k
↓ 5.2% YoY
Current Liabilities
—
£0£149k£298k£448k£597k£746kDec 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£120.5k£149.5k
Current assets£707.5k£746.2k
Cash£141.1k£211.7k
Debtors£566.4k£534.5k
Net assets£120.5k£149.5k

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 (31 events)Click to expand
  1. 2025-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-27
    ➕
    MCKAIN, Catriona Kennedy appointed
    secretary
  6. 2021-09-27
    ➖
    MCKAIN, John resigned
    secretary
  7. 2021-09-27
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  8. 2021-09-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2021-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-12-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-12-11
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  12. 2020-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-09-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2017-09-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2017-08-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2017-08-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2017-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2005-08-02
    ➕
    MCKAIN, John appointed
    secretary
  21. 2005-08-02
    ➖
    WHITE, Iain Bruce resigned
    secretary
  22. 2004-09-01
    ➕
    WHITE, David Alexander appointed
    director
  23. 2002-11-22
    ➕
    MCKAIN, John appointed
    director
  24. 2002-11-22
    ➕
    WHITE, Iain Bruce appointed
    secretary
  25. 2002-11-14
    🏢
    Company incorporated
    As IFS WORLDWIDE LTD.
  26. 2002-11-14
    ➕
    COSEC LIMITED appointed
    corporate-nominee-secretary
  27. 2002-11-14
    ➖
    COSEC LIMITED resigned
    corporate-nominee-secretary
  28. 2002-11-14
    ➕
    CODIR LIMITED appointed
    corporate-nominee-director
  29. 2002-11-14
    ➖
    CODIR LIMITED resigned
    corporate-nominee-director
  30. 2002-11-14
    ➕
    COSEC LIMITED appointed
    corporate-nominee-director
  31. 2002-11-14
    ➖
    COSEC LIMITED 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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 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 John Mckain
Individual · British · DOB 07/1969 · age 57
25–50%
—25-50% shares06/04/2016
Mr David Alexander White
Individual · British · DOB 02/1969 · age 57
25–50%
—25-50% shares06/04/2016

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 · Transport & logistics · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
MIDLAND BLUEBIRD LIMITED→
SC016923 · est 1932
£7.30M
£5.47M–£9.12M
£25.59M—2880093y9763y
JBP TRANSPORT LIMITED→
SC108240 · est 1987
——£1.41M—38y8384y
A A K HAULAGE LIMITED→
SC237856 · est 2002
———20023y8261y
ARTIC TRAILER SERVICES (FALKIRK) LIMITED→
SC051346 · est 1972 · no financials extracted
————53y8268y
CALEDONIAN FREIGHT LIMITED→
SC084213 · est 1983
——£570.7k—42y8269y
ECOSSE HOLDINGS LIMITED→
SC044163 · est 1966
——£4.61M—59y8291y
HUNTER TRANSPORT LTD.→
SC324530 · est 2007
——£153.1k—19y8261y
IMB TRANSPORT LTD.→
SC375046 · est 2010
———2216y8259y
MCCLENAGHAN OF SLAMANNAN LTD.→
SC223696 · est 2001
——£1.20M—24y8271y
MILLAR INTERNATIONAL FREIGHT TRANSPORT LIMITED→
SC126477 · est 1990
——£390.4k—35y8261y
MORRISON HORNER TRANSPORT LTD.→
SC188481 · est 1998
———5227y8259y
PROFESSIONAL DIRECT LOGISTICS UK LTD→
SC314130 · est 2007 · no financials extracted
————19y8271y
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
Incorporated2002-11-14
Jurisdictionscotland
Primary SIC52290 — Other transportation support activities

Registered office

Unit 4 Winchester Court
Denny
Stirlingshire
FK6 6QR

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-02
Last: 2025-10-19

Officers (3 active · 5 resigned)

MCKAIN, Catriona Kennedy→
secretary · appointed 2021-09-27
View their other companies + combined net worth →
Active
MCKAIN, John→
director · ~57y · appointed 2002-11-22
View their other companies + combined net worth →
Active
WHITE, David Alexander→
director · ~57y · appointed 2004-09-01
View their other companies + combined net worth →
Active
MCKAIN, John→
secretary · appointed 2005-08-02 · resigned 2021-09-27
Resigned
WHITE, Iain Bruce→
secretary · appointed 2002-11-22 · resigned 2005-08-02
Resigned
COSEC LIMITED→
corporate-nominee-secretary · appointed 2002-11-14 · resigned 2002-11-14
Resigned
CODIR LIMITED→
corporate-nominee-director · appointed 2002-11-14 · resigned 2002-11-14
Resigned
COSEC LIMITED→
corporate-nominee-director · appointed 2002-11-14 · resigned 2002-11-14
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge—11/12/2020—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (79 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-15
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-16
appoint-person-secretary-company-with-name-date
officers · AP03
2021-09-27
termination-secretary-company-with-name-termination-date
officers · TM02
2021-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-16