ADVANCED ELECTRICS LIMITED
💤Zombieactive
SC100047 · ltd · incorporated 1986-07-15
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
79/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (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: 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 (65/100).
🏦
Refinance opportunity
1 live charge · oldest 31.1y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 31.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Average employees | 2700 | 2500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-27📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-04📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-05📄capital-return-purchase-own-sharescapital · SH03
- 2024-02-16📄capital-cancellation-sharescapital · SH06
- 2024-02-01📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-11-17📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2023-06-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-11📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2023-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-05📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-08-01➕JAMIESON, Lesley Elisabeth appointedsecretary
- 2021-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-12➖WALKER, James resigneddirector
- 2021-03-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 1995-03-13🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1986-07-15🏢Company incorporatedAs ADVANCED ELECTRICS LIMITED
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alexander James Green Individual · British · DOB 11/1963 · age 63 | 25–50% | — | 25-50% shares | 15/12/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| AKZ ELECTRICAL SERVICES LTD→ SC866636 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALCORE CONSTRUCTION NORTH EAST LIMITED→ SC506611 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALEXANDER DUTHIE & SONS LIMITED→ SC113610 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| ALLAN ELECTRICS LTD→ SC573665 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDY WATT JOINERY LIMITED→ SC475888 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ANDYANDERSON LTD→ SC777068 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated1986-07-15
Jurisdictionscotland
Primary SIC43210 — Electrical installation
Registered office
Unit Q1 Isla Bank Mills
Station Road
Keith
Banffshire
AB55 5DD
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (3 active · 1 resigned)
Active
JAMIESON, Lesley Elisabeth→
Activesecretary · appointed 2022-08-01
View their other companies + combined net worth →
Active
WALKER, James→
Resigneddirector · ~68y · resigned 2021-09-12
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 13/03/1995 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (102 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-06
change-person-director-company-with-change-date
officers · CH01
2024-12-04
change-person-director-company-with-change-date
officers · CH01
2024-12-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-04
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-15
change-account-reference-date-company-current-shortened
accounts · AA01
2024-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-28
capital-return-purchase-own-shares
capital · SH03
2024-03-05
capital-cancellation-shares
capital · SH06
2024-02-16
change-account-reference-date-company-previous-extended
accounts · AA01
2024-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2023-11-17