ALLAN ELECTRICAL SERVICES LTD
💤Zombieactive
SC181098 · ltd · incorporated 1997-11-28
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 Aug 2024
Net worth
£-54.5k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. 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. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 26.3y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 26.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £54,487
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£54k
Current Assets
£69k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £-24.1k | — |
| Current assets | £68.9k | — |
| Net assets | £-54.5k | — |
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
0
filings
Last 180 days
3
filings
- • 2 gazette
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-01-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-01-13📄gazette-notice-compulsorygazette · GAZ1
- 2025-05-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-11-30➖ALLAN, Joann Rutherford resignedsecretary
- 2021-11-30➖ALLAN, Ian resigneddirector
- 2021-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-03-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-12-01➕ALLAN, Stephen Paul appointeddirector
- 2000-05-05🔒Charge registered #3Lender: Lloyds Tsb Commercial Finance Limited
- 2000-03-01➖ALLAN, Ian resignedsecretary
- 2000-03-01➕ALLAN, Joann Rutherford appointedsecretary
- 2000-03-01➖ALLAN, Stephen resigneddirector
- 2000-01-12🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1997-11-28🏢Company incorporatedAs ALLAN ELECTRICAL SERVICES LTD
- 1997-11-28➕ALLAN, Ian appointedsecretary
- 1997-11-28➕ALLAN, Ian appointeddirector
- 1997-11-28➕ALLAN, Stephen 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.
- +Founder name in company name: Company name contains director surname "ALLAN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 28 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Paul Allan Individual · British · DOB 10/1969 · age 57 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Ian Allanceased 03/11/2023· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Construction · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DWR ELECTRICAL LIMITED→ SC425422 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| DY CIVILS LIMITED→ SC720780 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| DYNAMO CONSTRUCT LIMITED→ SC527579 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| EASTON PROPERTY LIMITED→ SC166892 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ECG CLADDING LTD.→ SC395553 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ECO HOMES PRESTWICK LTD→ SC827286 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ECOBRIX CONSTRUCTION LIMITED→ SC691717 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ECOHEAT GAS SERVICES LTD→ SC515293 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| EDISON ALCHEMY TWO LTD→ SC750624 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| EDISON GPA HOLDINGS LTD→ SC773771 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| EDISON GREEN LTD→ SC776662 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ELECTRICAL NETWORK CONNECTION SERVICES LTD→ SC777045 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1997-11-28
Jurisdictionscotland
Primary SIC43210 — Electrical installation
Registered office
Meiklewood Yard
Glasgow Road
Kilmarnock
Ayrshire
KA3 6AG
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25
Officers (1 active · 4 resigned)
ALLAN, Stephen Paul→
Activedirector · ~57y · appointed 2010-12-01
View their other companies + combined net worth →
ALLAN, Ian→
Resignedsecretary · appointed 1997-11-28 · resigned 2000-03-01
ALLAN, Joann Rutherford→
Resignedsecretary · appointed 2000-03-01 · resigned 2021-11-30
ALLAN, Ian→
Resigneddirector · ~80y · appointed 1997-11-28 · resigned 2021-11-30
ALLAN, Stephen→
Resigneddirector · ~57y · appointed 1997-11-28 · resigned 2000-03-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Floating charge | 1 property | 05/05/2000 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 12/01/2000 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (80 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-13
gazette-notice-compulsory
gazette · GAZ1
2026-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-21
termination-director-company-with-name-termination-date
officers · TM01
2021-12-15
termination-secretary-company-with-name-termination-date
officers · TM02
2021-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-25