AVCO INDUSTRIAL SUPPLIES LIMITED
💤Zombieactive
SC259260 · ltd · incorporated 2003-11-14
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 Nov 2024
Net worth
£63.6k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other retail sale not in stores, stalls or markets
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 72-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). 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: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 22.4y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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
8 officers (2 active, 8 linked, 2 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £63,641
Cash YoY
+22%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£76k
↑ 22% YoY
Net Worth
£64k
↑ 43% YoY
Current Assets
£150k
↑ 8.1% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £63.6k | £44.5k |
| Current assets | £150.3k | £139.1k |
| Cash | £76.2k | £62.3k |
| Debtors | £68.2k | £70.3k |
| Net assets | £63.6k | £44.5k |
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
1
filing
- • 1 mortgage
Last 180 days
2
filings
- • 1 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-02-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-16🔓Charge satisfied #2
- 2025-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-18➕SWEENEY, Margaret appointedsecretary
- 2021-10-18➖SIMPSON, Alistair resignedsecretary
- 2021-10-18📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-10-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-05-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-09-23📄change-person-director-company-with-change-dateofficers · CH01
- 2019-04-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-06-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-05-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-10-26➖MCKIE, Jimmie resignedsecretary
- 2012-10-26➕SIMPSON, Alistair appointedsecretary
- 2010-08-30➕MCKIE, Jimmie appointedsecretary
- 2010-08-30➖MILLER, John resignedsecretary
- 2009-11-09🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 2006-01-06➕INGRAM, Colin appointeddirector
- 2005-12-08➖INGRAM, Colin resigneddirector
- 2005-08-19➖FALCONER, Charles Thomsom resignedsecretary
- 2005-08-19➕MILLER, John appointedsecretary
- 2003-12-10🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-11-14🏢Company incorporatedAs AVCO INDUSTRIAL SUPPLIES LIMITED
- 2003-11-14➕FALCONER, Charles Thomsom appointedsecretary
- 2003-11-14➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2003-11-14➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2003-11-14➕INGRAM, Colin appointeddirector
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 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 72 — 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 72 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 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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 Colin Ingram Individual · British · DOB 07/1954 · age 72 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CFUK CONCEPTS LTD→ SC496696 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ELGIN FURNITURE & CARPET CENTRE LIMITED→ SC252844 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| GALE TRADING LIMITED→ SC872202 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GARDENS AND GIFTS LIMITED→ SC834783 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HIGHLAND HOSTS LIMITED→ SC842888 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HUTCHISELL LTD→ SC846556 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| INVERBLOOM LIMITED→ SC150291 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| INVERNESS BATHROOMS LIMITED→ SC390534 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| INVERNESS BIKER GEAR LTD→ SC796062 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| INVERNESS COMPUTER CENTRE LTD.→ SC255445 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| INVERNESS FLOORING & FURNITURE LTD→ SC834193 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| INVERNESS GOLF CENTRE LIMITED→ SC187445 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated2003-11-14
Jurisdictionscotland
Primary SIC47990 — Other retail sale not in stores, stalls or markets
Registered office
Unit 7c Muir Of Ord Industrial Estate
Great North Road
Muir Of Ord
IV6 7UA
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14
Officers (2 active · 6 resigned)
Active
INGRAM, Colin→
Activedirector · ~72y · appointed 2006-01-06
View their other companies + combined net worth →
FALCONER, Charles Thomsom→
Resignedsecretary · appointed 2003-11-14 · resigned 2005-08-19
MCKIE, Jimmie→
Resignedsecretary · appointed 2010-08-30 · resigned 2012-10-26
MILLER, John→
Resignedsecretary · appointed 2005-08-19 · resigned 2010-08-30
SIMPSON, Alistair→
Resignedsecretary · appointed 2012-10-26 · resigned 2021-10-18
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-11-14 · resigned 2003-11-14
INGRAM, Colin→
Resigneddirector · ~72y · appointed 2003-11-14 · resigned 2005-12-08
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Bond & floating charge | 1 property | 09/11/2009 | 16/02/2026 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 10/12/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (72 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-18
appoint-person-secretary-company-with-name-date
officers · AP03
2021-10-18
termination-secretary-company-with-name-termination-date
officers · TM02
2021-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-23