ELECTRICAL SOLUTIONS NETWORK LTD

💤Zombieactive
SC406529 · ltd · incorporated 2011-09-01
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 Sept 2024
Net worth
£42.5k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 33140
Sector: Manufacturing
ALSO REGISTERED FOR
  • 33200SIC 33200
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £42,538
Net assets shrinking
Down £10,879 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£43k
↓ 20% YoY
Current Assets
£103k
↓ 31% YoY
Current Liabilities
—
£0£30k£60k£90k£120k£150kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-09-302023-09-30
Total assets£75.8k£99.0k
Current assets£103.1k£149.8k
Net assets£42.5k£53.4k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-09-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-04-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  14. 2015-03-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-09-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-04-24
    ➖
    MCCULLOCH, Robert resigned
    director
  17. 2012-10-30
    ➕
    WHITE, Scott appointed
    director
  18. 2012-10-30
    ➕
    MCCULLOCH, Robert appointed
    director
  19. 2012-10-30
    ➖
    NICHOLSON, Sharon resigned
    director
  20. 2011-09-01
    🏢
    Company incorporated
    As ELECTRICAL SOLUTIONS NETWORK LTD
  21. 2011-09-01
    ➕
    NICHOLSON, Sharon appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

Multiple 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 13 years.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Scott White
Individual · British · DOB 05/1978 · age 48
75–100%
—75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DAVID OGILVIE ENGINEERING LIMITED→
SC165185 · est 1996 · no financials extracted
————29y——
FASTRIDER LIMITED→
SC212555 · est 2000 · no financials extracted
————25y——
FLEMWELD LTD→
SC506806 · est 2015 · no financials extracted
————10y——
FORGE SOFT FURNISH LTD→
SC847879 · est 2025 · no financials extracted
———————
FRANKLIN CLARK MEDIA LIMITED→
SC574500 · est 2017 · no financials extracted
————8y——
FRST PROPERTY DEVELOPMENTS LIMITED→
SC626208 · est 2019 · no financials extracted
————7y——
GCR BODYWORKS LTD→
SC837483 · est 2025 · no financials extracted
————1y——
GG41 LTD→
SC851188 · est 2025 · no financials extracted
———————
GIRARD INDUSTRIES EUROPE LIMITED→
SC101084 · est 1986 · no financials extracted
————39y——
GJM PRINTING LTD→
SC552808 · est 2016 · no financials extracted
————9y——
GKAROUZAKIS AIRCRAFT ENGINEERING SERVICES LTD→
SC848913 · est 2025 · no financials extracted
———————
GLASSGO LTD→
SC744621 · est 2022 · no financials extracted
————3y——
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
Incorporated2011-09-01
Jurisdictionscotland
Primary SIC33140 — SIC 33140

Registered office

Office 3 Mosshill Business Park
Ayr
KA6 6BE

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-15
Last: 2025-09-01

Officers (1 active · 2 resigned)

WHITE, Scott→
director · ~48y · appointed 2012-10-30
View their other companies + combined net worth →
Active
MCCULLOCH, Robert→
director · ~51y · appointed 2012-10-30 · resigned 2014-04-24
Resigned
NICHOLSON, Sharon→
director · ~49y · appointed 2011-09-01 · resigned 2012-10-30
Resigned

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

Recent filings (36 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-19
change-person-director-company-with-change-date
officers · CH01
2024-09-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-14
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-05
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-27