AAD ELECTRICAL SYSTEMS LIMITED

💤Zombieactive
SC424416 · ltd · incorporated 2012-05-18
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 Mar 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (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 (73/100).

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, 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
2 officers (1 active, 2 linked, 2 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
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees-100-100

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
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-04-07
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-03-26
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-01-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-01-20
    DAVIES, Irene resigned
    director
  6. 2024-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-04-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-07-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-06-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-09-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2012-05-18
    🏢
    Company incorporated
    As AAD ELECTRICAL SYSTEMS LIMITED
  19. 2012-05-18
    DAVIES, Alan Arthur appointed
    director
  20. 2012-05-18
    DAVIES, Irene appointed
    director

Owner dependency

83/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 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
NameSharesVoting rightsNature of controlNotified
Mr Alan Arthur Davies
Individual · British · DOB 08/1962 · age 64
sig. influencesignificant influence01/07/2016

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

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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
Incorporated2012-05-18
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

4 Lynedoch Place
Glasgow
G3 6AB
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-01
Last: 2025-05-18

Officers (1 active · 1 resigned)

DAVIES, Alan Arthur
director · ~64y · appointed 2012-05-18
View their other companies + combined net worth →
Active
DAVIES, Irene
director · ~58y · appointed 2012-05-18 · resigned 2025-01-20
Resigned

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

Recent filings (34 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-07
dissolution-application-strike-off-company
dissolution · DS01
2026-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-30
termination-director-company-with-name-termination-date
officers · TM01
2025-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-19