MIDLAND ELECTRICAL WINDING & CONTRACTING (SCOTLAND) LIMITED

🌳Matureactive
SC229372 · ltd · incorporated 2002-03-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 33140
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
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£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Average employees15001600

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
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-11-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-11-24
    ➖
    GIRVAN, Stuart resigned
    director
  3. 2025-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-07-08
    ➕
    STEWART, George Danskin appointed
    director
  5. 2025-07-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-03-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-02-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-02-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2022-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2008-03-05
    ➕
    STEWART, Alan Campbell appointed
    secretary
  19. 2008-03-05
    ➖
    STEWART, George Danskin resigned
    secretary
  20. 2008-03-05
    ➖
    STEWART, George Danskin resigned
    director
  21. 2008-01-17
    ➕
    GIRVAN, Stuart appointed
    director
  22. 2002-03-20
    🏢
    Company incorporated
    As MIDLAND ELECTRICAL WINDING & CONTRACTING (SCOTLAND) LIMITED
  23. 2002-03-20
    ➕
    STEWART, Alan Campbell appointed
    director
  24. 2002-03-20
    ➕
    STEWART, George Danskin appointed
    secretary
  25. 2002-03-20
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  26. 2002-03-20
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  27. 2002-03-20
    ➕
    STEWART, George Danskin appointed
    director
  28. 2002-03-20
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  29. 2002-03-20
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 81 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr George Danskin Stewart
Individual · British · DOB 06/1945 · age 81
25–50%
25–50%board control25-50% shares · 25-50% voting · board control01/02/2017
Mr Alan Campbell Stewart
Individual · British · DOB 03/1970 · age 56
25–50%
25–50%board control25-50% shares · 25-50% voting · board 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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NEXUS TECHNOLOGY GROUP UK LIMITED→
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£2.59M
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——690062y8379y
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SC146007 · est 1993
£955.3k
£743.0k–£1.17M
£1.86M—150032y9664y
R M REWINDS LTD→
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£207.9k
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£196.9k—20011y8368y
ABERDEEN BLIND COMPANY LIMITED→
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———90035y8364y
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———1232y8371y
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——£21.13M—35y8369y
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SC346874 · est 2008 · no financials extracted
————17y8375y
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———50018y8381y
LEGGE STEEL (FABRICATIONS) LIMITED→
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———1941y8359y
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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
Incorporated2002-03-20
Jurisdictionscotland
Primary SIC33140 — SIC 33140

Registered office

12 Inchyra Road
Grangemouth
Stirlingshire
FK3 9XB

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (3 active · 5 resigned)

STEWART, Alan Campbell→
secretary · appointed 2008-03-05
View their other companies + combined net worth →
Active
STEWART, Alan Campbell→
director · ~56y · appointed 2002-03-20
View their other companies + combined net worth →
Active
STEWART, George Danskin→
director · ~81y · appointed 2025-07-08
View their other companies + combined net worth →
Active
STEWART, George Danskin→
secretary · appointed 2002-03-20 · resigned 2008-03-05
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-03-20 · resigned 2002-03-20
Resigned
GIRVAN, Stuart→
director · ~65y · appointed 2008-01-17 · resigned 2025-11-24
Resigned
STEWART, George Danskin→
director · ~81y · appointed 2002-03-20 · resigned 2008-03-05
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2002-03-20 · resigned 2002-03-20
Resigned

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

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
termination-director-company-with-name-termination-date
officers · TM01
2025-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
appoint-person-director-company-with-name-date
officers · AP01
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-29