A.C. ELECTRICS (CLELAND) LTD.

🌳Matureactive

SC269237 · ltd · incorporated 2004-06-14

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 20.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Electrical installation

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), 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 20.9y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 20.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (5 active, 8 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

62 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-03-31	2024-03-31

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

filings

Last 90 days

filings

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-12-17
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-17
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-15
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-21
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2022-04-20
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2022-02-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-02-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-02-14
➕
SMITH, Hilary Clark appointed
director
2022-02-14
➕
SMITH, Linda appointed
director
2021-07-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-06-13
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-11-30
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2017-11-30
📄
termination-secretary-company
officers · TM02
2017-11-30
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2017-10-31
➖
SMITH, Rosemary resigned
secretary
2017-10-01
➕
SMITH, Kevin appointed
secretary
2017-07-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2005-05-16
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2004-10-07
➕
SMITH, Rosemary appointed
secretary
2004-06-14
🏢
Company incorporated
As A.C. ELECTRICS (CLELAND) LTD.
2004-06-14
➕
SMITH, Kevin appointed
director
2004-06-14
➕
SMITH, Paul appointed
director
2004-06-14
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2004-06-14
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2004-06-14
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2004-06-14
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 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.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Kevin Smith Individual · British · DOB 05/1966 · age 60	25–50%	—	25-50% shares	06/04/2017

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 · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A C BANKS LIMITED→ SC245288 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
A.C.W SERVICES LTD.→ SC589806 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
A.D.B. PROPERTY MAINTENANCE LTD.→ SC292511 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
A1 ROAD SURFACING LIMITED→ SC295445 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
AAG RIGGING AND LIFTING SERVICES LIMITED→ SC568800 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
AB DECORATORS LIMITED→ SC784889 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ABHAINN DEVELOPMENTS LIMITED→ SC630663 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ABIFF LTD→ SC844090 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AC&H 231 LIMITED→ SC316413 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
AC2 SIGNALLING LTD→ SC699299 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
ACCENT DOORS AND WINDOWS SCOTLAND LTD→ SC767695 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ACL DECORATORS LIMITED→ SC278268 · est 2005 · no financials extracted	—	—	—	—	21y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2004-06-14

Jurisdictionscotland

Primary SIC43210 — Electrical installation

Registered office

8a Main Street

Cleland

Motherwell

Lanarkshire

ML1 5QN

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-14

Last: 2025-11-30