CHARGE ELECTRIC LTD

💤Zombieactive
SC631639 · ltd · incorporated 2019-05-28
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 May 2025
Net worth
£-27.2k
book net assets
Opportunity
76/100
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.

What this business does
Primary activity: SIC 27900
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (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: high (80/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £27,198

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£27k
~ YoY
Current Assets
£4k
↓ 74% YoY
Current Liabilities
-£27k-£19k-£10k-£2k£7k£15kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£3.7k£15.0k
Current assets£4.0k£15.3k
Net assets£-27.2k£-27.1k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-12-07
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2020-11-02
    📄
    memorandum-articles
    incorporation · MA
  9. 2020-10-29
    📄
    capital-alter-shares-subdivision
    capital · SH02
  10. 2020-10-29
    📄
    capital-allotment-shares
    capital · SH01
  11. 2020-10-27
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2019-05-28
    🏢
    Company incorporated
    As CHARGE ELECTRIC LTD
  13. 2019-05-28
    BLAIR, Douglas Adam appointed
    director
  14. 2019-05-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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 60 — approaching natural succession window.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 Douglas Adam Blair
Individual · British · DOB 08/1966 · age 60
75100%
75–100%board control75-100% shares · 75-100% voting · board control28/05/2019

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 · Manufacturing · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DAIN ART IRON LTD
SC746047 · est 2022 · no financials extracted
3y
DAVID HANNAH BLACKSMITH & FOUNDRY SERVICES LTD
SC746575 · est 2022 · no financials extracted
3y
DAVID OGILVIE ENGINEERING LIMITED
SC165185 · est 1996 · no financials extracted
29y
DAVID OGILVIE INTERNATIONAL LIMITED
SC268804 · est 2004 · no financials extracted
21y
DECO COMMERCIAL LIMITED
SC778939 · est 2023 · no financials extracted
2y
DKJ AIR LTD
SC878729 · est 2026 · no financials extracted
DLS DENTAL EQUIPMENT REPAIRS LIMITED
SC433433 · est 2012 · no financials extracted
13y
E J TEMPLETON LIMITED
SC415188 · est 2012 · no financials extracted
14y
EDWARD JOHNS SANITARY LIMITED
SC668707 · est 2020 · no financials extracted
5y
ELCOMATIC ELECTRONIC SERVICES LIMITED
SC225145 · est 2001 · no financials extracted
24y
ELECTRICAL SOLUTIONS NETWORK LTD
SC406529 · est 2011 · no financials extracted
14y
EQUANIMITY DRILLING LTD
SC589404 · est 2018 · no financials extracted
8y
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
Incorporated2019-05-28
Jurisdictionscotland
Primary SIC27900 — SIC 27900

Registered office

Strawberry Fields
Pinmore
Girvan
KA26 0TE
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-10
Last: 2025-05-27

Officers (1 active · 0 resigned)

BLAIR, Douglas Adam
director · ~60y · appointed 2019-05-28
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-18
resolution
resolution · RESOLUTIONS
2020-12-07
memorandum-articles
incorporation · MA
2020-11-02
capital-alter-shares-subdivision
capital · SH02
2020-10-29
capital-allotment-shares
capital · SH01
2020-10-29