99 ICES LTD

💤Zombieactive
SC737592 · ltd · incorporated 2022-07-06
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 Jul 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 10520
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (79/100)

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
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 accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-11-11
    DORIS, Daniel resigned
    director
  4. 2025-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-02-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-08-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2023-08-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2023-08-07
    DORIS, Hazel appointed
    director
  9. 2023-06-13
    DORIS, Daniel appointed
    director
  10. 2023-06-13
    DORIS, Hazel resigned
    director
  11. 2023-06-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2023-06-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2023-06-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2023-06-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-07-06
    🏢
    Company incorporated
    As 99 ICES LTD
  16. 2022-07-06
    DORIS, Hazel appointed
    director
  17. 2022-07-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
Critical — business is the founder

The 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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

55/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Daniel Doris
Individual · British · DOB 10/2000 · age 26
75100%
75-100% shares13/06/2023
Mrs Hazel Doris
Individual · British · DOB 08/1967 · age 59
2550%
25-50% shares07/08/2023
1 historic (ceased) PSC
  • Mrs Hazel Dorisceased 13/06/2023· 75-100% shares · 75-100% voting · board control · trust interest · firm interest

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 →

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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
Incorporated2022-07-06
Jurisdictionscotland
Primary SIC10520 — SIC 10520

Registered office

15a West End,
West Calder
Livingston
EH55 8EH
United Kingdom

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-19
Last: 2025-07-05

Officers (1 active · 2 resigned)

DORIS, Hazel
director · ~59y · appointed 2023-08-07
View their other companies + combined net worth →
Active
DORIS, Daniel
director · ~26y · appointed 2023-06-13 · resigned 2025-11-11
Resigned
DORIS, Hazel
director · ~59y · appointed 2022-07-06 · resigned 2023-06-13
Resigned

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

Recent filings (14 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-10
termination-director-company-with-name-termination-date
officers · TM01
2025-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-08
appoint-person-director-company-with-name-date
officers · AP01
2023-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-06-13
termination-director-company-with-name-termination-date
officers · TM01
2023-06-13
appoint-person-director-company-with-name-date
officers · AP01
2023-06-13
incorporation-company
incorporation · NEWINC
2022-07-06