ELECTRICITY SUPPLY NOMINEES (SCOTLAND) LIMITED

🌳Matureactive
SC042623 · private-limited-guarant-nsc · incorporated 1965-09-24
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 6.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Pension funding
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 66190Other activities auxiliary to financial services, except insurance and pension funding
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 6.3y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 6.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
59 officers (7 active, 59 linked, 53 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
227 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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (127 events)Click to expand
  1. 2025-10-08
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  2. 2025-07-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-01-07
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  4. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-12-02
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  6. 2023-08-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-12-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2022-12-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-10-01
    MACLEAN, Ewan appointed
    director
  11. 2022-09-30
    WRIGHT, Donald James resigned
    director
  12. 2021-12-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-02-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2021-02-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2021-02-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-02-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2020-12-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2020-09-30
    GAIER-LAIDLAW, Helen appointed
    director
  19. 2020-09-30
    NESS, Douglas Andrew appointed
    director
  20. 2020-09-30
    DAVIES, Michael Howard resigned
    director
  21. 2020-09-30
    MCNULTY, Sarah resigned
    director
  22. 2020-01-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2020-01-06
    🔒
    Charge registered #1
    Lender: Csg Glasgow Limited
  24. 2019-12-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2019-12-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  26. 2019-01-01
    HUGHES, James appointed
    director
  27. 2018-12-31
    LANDELS, William Daniel resigned
    director
  28. 2018-02-02
    BISSETT, Elaine resigned
    director
  29. 2018-02-02
    MCNULTY, Sarah appointed
    director
  30. 2016-06-08
    WARK, David Lewis resigned
    director
  31. 2016-04-20
    ANDERSON, James resigned
    director
  32. 2015-10-12
    ANDERSON, James appointed
    director
  33. 2015-10-12
    STUART, Joan Amanda resigned
    director
  34. 2015-02-02
    WATSON, Hamish Euan resigned
    secretary
  35. 2013-10-01
    STUART, Joan Amanda appointed
    director
  36. 2013-07-12
    BAXTER, David resigned
    director
  37. 2011-10-01
    DICKSON, June Margaret appointed
    director
  38. 2011-06-30
    MATHIESON, Scott Hamilton resigned
    director
  39. 2011-02-01
    DAVIES, Michael Howard appointed
    director
  40. 2011-01-31
    WATSON, Hamish Euan appointed
    secretary
  41. 2011-01-07
    ROSS, Marie Isobel resigned
    director
  42. 2010-12-16
    BISSETT, Elaine appointed
    director
  43. 2010-12-16
    WATSON, Hamish Euan resigned
    director
  44. 2010-10-29
    MULHERN, Paul resigned
    secretary
  45. 2010-01-20
    WATSON, Hamish Euan appointed
    director
  46. 2009-12-31
    COATS, Adrian James Macandrew resigned
    director
  47. 2009-10-01
    LANDELS, William Daniel appointed
    director
  48. 2009-09-30
    GILL, Henry resigned
    director
  49. 2009-02-01
    BAXTER, David appointed
    director
  50. 2009-02-01
    MCGOWAN, Jim resigned
    director
Showing most recent 50 of 127 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 61 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.)

Group structure

Scottish Power Uk Plc holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Scottish Power Uk Plc
Corporate parent · board control
ELECTRICITY SUPPLY NOMINEES (SCOTLAND) LIMITED
This company · SC042623

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Scottish Power Uk Plc
Corporate entity
board controlboard control06/04/2016

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 →

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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
Typeprivate-limited-guarant-nsc
Incorporated1965-09-24
Jurisdictionscotland
Primary SIC65300 — Pension funding

Registered office

320 St. Vincent Street
Glasgow
G2 5AD
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (7 active · 52 resigned)

DICKSON, June Margaret
director · ~57y · appointed 2011-10-01
View their other companies + combined net worth →
Active
GAIER-LAIDLAW, Helen
director · ~54y · appointed 2020-09-30
View their other companies + combined net worth →
Active
HUGHES, James
director · ~60y · appointed 2019-01-01
View their other companies + combined net worth →
Active
KINNAIRD, William Whitehead
director · ~64y · appointed 2007-12-31
View their other companies + combined net worth →
Active
MACLEAN, Ewan
director · ~51y · appointed 2022-10-01
View their other companies + combined net worth →
Active
MCNEIL, Norman
director · ~60y · appointed 2006-05-31
View their other companies + combined net worth →
Active
NESS, Douglas Andrew
director · ~49y · appointed 2020-09-30
View their other companies + combined net worth →
Active
HIGGINS, Morton Kennedy
secretary · resigned 1993-03-31
Resigned
MCKAY, Anne
secretary · appointed 1993-07-01 · resigned 1998-06-11
Resigned
MITCHELL, Andrew Ross
secretary · appointed 1998-06-11 · resigned 1999-02-23
Resigned
MULHERN, Paul
secretary · appointed 2002-04-26 · resigned 2010-10-29
Resigned
STEPHEN, Stuart Paul
secretary · appointed 1999-02-23 · resigned 2002-04-26
Resigned
WATSON, Hamish Euan
secretary · appointed 2011-01-31 · resigned 2015-02-02
Resigned
ANDERSON, James
director · ~65y · appointed 2015-10-12 · resigned 2016-04-20
Resigned
BAXTER, David
director · ~73y · appointed 2009-02-01 · resigned 2013-07-12
Resigned
BEGBIE, Alexander Hugh Mccormack
director · ~60y · appointed 2005-02-28 · resigned 2006-11-30
Resigned
BISSETT, Elaine
director · ~64y · appointed 2010-12-16 · resigned 2018-02-02
Resigned
BUCKLEY, Grace Ann
director · ~76y · appointed 1998-01-08 · resigned 2004-04-30
Resigned
BURNS, Leslie Hutchison
director · ~73y · appointed 2002-09-24 · resigned 2006-09-29
Resigned
COATS, Adrian James Macandrew
director · ~71y · appointed 2001-12-01 · resigned 2009-12-31
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
Csg Glasgow
Csg Glasgow Limited
A registered charge1 property06/01/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (227 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-10-08
accounts-with-accounts-type-dormant
accounts · AA
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
change-account-reference-date-company-current-shortened
accounts · AA01
2025-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
change-account-reference-date-company-previous-extended
accounts · AA01
2024-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-dormant
accounts · AA
2023-08-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-20
appoint-person-director-company-with-name-date
officers · AP01
2022-12-13
accounts-with-accounts-type-dormant
accounts · AA
2022-12-12
termination-director-company-with-name-termination-date
officers · TM01
2022-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-21
accounts-with-accounts-type-dormant
accounts · AA
2021-12-20