ELECTROCON (GRAMPIAN) LIMITED

⚰️Wound downliquidation
SC082124 · ltd · incorporated 1983-03-08
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 41.4y old — refinance window within 12 months
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
36/100
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What this business does
Primary activity: SIC 4531
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 9305SIC 9305
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 36/100 (watch), bankability 25/100. Strong seller-intent signal (63/100, director aged 82). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

1 live charge · oldest 41.4y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 41.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (46/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
36/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

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 (23 events)Click to expand
  1. 1993-09-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 1993-09-07
    ⚠️
    liquidation-compulsory-appointment-provisional-liquidator-scotland
    insolvency · 4.9(Scot)
  3. 1993-08-06
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  4. 1992-01-14
    📄
    legacy
    annual-return · 363x
  5. 1991-12-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 1991-04-15
    📄
    legacy
    annual-return · 363a
  7. 1990-11-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 1990-02-20
    📄
    legacy
    annual-return · 363
  9. 1990-02-20
    📍
    legacy
    address · 287
  10. 1990-01-19
    📄
    legacy
    officers · 288
  11. 1990-01-01
    PETERKINS, SOLICITORS appointed
    corporate-nominee-secretary
  12. 1990-01-01
    PETERKINS, SOLICITORS resigned
    corporate-nominee-secretary
  13. 1989-10-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 1989-09-22
    📄
    legacy
    annual-return · 363
  15. 1989-09-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 1988-05-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 1988-05-12
    📄
    legacy
    annual-return · 363
  18. 1987-01-19
    📄
    legacy
    accounts · 225(1)
  19. 1987-01-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 1987-01-16
    📄
    legacy
    annual-return · 363
  21. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  22. 1984-11-22
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  23. 1983-03-08
    🏢
    Company incorporated
    As ELECTROCON (GRAMPIAN) LIMITED

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 82 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2002-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-01-14

Company in liquidation
high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 1993-09-07: liquidation-compulsory-appointment-provisional-liquidator-scotland

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusliquidation
Typeltd
Incorporated1983-03-08
Jurisdictionscotland
Primary SIC4531 — SIC 4531

Registered office

Burgh House
7/9 King Street
Aberdeen
AB2 3AA

Filing status

Accounts
Next due: 2002-03-31OVERDUE
Last made up to:
Confirmation statement
Next due: 2017-01-14OVERDUE
Last:

Officers (3 active · 1 resigned)

PETERKINS, SOLICITORS
corporate-nominee-secretary · appointed 1990-01-01
View their other companies + combined net worth →
Active
BUTLER, Emily
director · ~82y
View their other companies + combined net worth →
Active
BUTLER, Ian Chalmers
director · ~82y
View their other companies + combined net worth →
Active
PETERKINS, SOLICITORS
corporate-nominee-secretary · resigned 1990-01-01
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
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond and floating charge1 property22/11/1984
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

gazette-filings-brought-up-to-date
gazette · DISS40
1993-09-07
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
1993-09-07
gazette-notice-compulsary
gazette · GAZ1
1993-08-06
legacy
annual-return · 363x
1992-01-14
accounts-with-accounts-type-full
accounts · AA
1991-12-19
legacy
annual-return · 363a
1991-04-15
accounts-with-accounts-type-full
accounts · AA
1990-11-08
legacy
annual-return · 363
1990-02-20
legacy
address · 287
1990-02-20
legacy
officers · 288
1990-01-19
accounts-with-accounts-type-full
accounts · AA
1989-10-16
legacy
annual-return · 363
1989-09-22
accounts-with-accounts-type-full
accounts · AA
1989-09-20
accounts-with-accounts-type-full
accounts · AA
1988-05-18
legacy
annual-return · 363
1988-05-12