L.S. ELECTRICAL SERVICES (ANNAN) LIMITED

🌳Matureactive
SC443259 · ltd · incorporated 2013-02-20
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£100
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Retail sale of electrical household appliances in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £100
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100
~ YoY
Net Worth
£100
~ YoY
Current Assets
—
Current Liabilities
—
£0£20£40£60£80£100Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£100£100
Cash£100£100
Net assets£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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-02-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-05-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-11-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-02-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-02-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-02-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-02-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-02-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-04-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-03-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2019-03-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2018-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2013-02-20
    🏢
    Company incorporated
    As L.S. ELECTRICAL SERVICES (ANNAN) LIMITED
  18. 2013-02-20
    ➕
    SMITH, John Anthony appointed
    director
  19. 2013-02-20
    ➕
    SMITH, Lorraine appointed
    director

Owner dependency

79/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John Anthony Smith
Individual · British · DOB 11/1967 · age 59
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Lorraine Smith
Individual · British · DOB 02/1970 · age 56
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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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——24953y8876y
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——1223y8262y
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——£3.65M—42y8275y
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——£999.8k—26y8258y
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——£2.17M—21y8268y
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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2013-02-20
Jurisdictionscotland
Primary SIC47540 — Retail sale of electrical household appliances in specialised stores

Registered office

Dalton Burn
Dalton
Lockerbie
DG11 1DT
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20

Officers (2 active · 0 resigned)

SMITH, John Anthony→
director · ~59y · appointed 2013-02-20
View their other companies + combined net worth →
Active
SMITH, Lorraine→
director · ~56y · appointed 2013-02-20
View their other companies + combined net worth →
Active

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

Recent filings (37 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-16
accounts-with-accounts-type-dormant
accounts · AA
2025-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-dormant
accounts · AA
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-15
change-person-director-company-with-change-date
officers · CH01
2024-02-15
change-person-director-company-with-change-date
officers · CH01
2024-02-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-15
accounts-with-accounts-type-dormant
accounts · AA
2023-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-03