MARTYN HAGGERTY ELECTRICAL LTD

💤Zombieactive
SC645312 · ltd · incorporated 2019-10-24
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
not disclosed
Net worth
book net assets
Opportunity
52/100
Worth a look
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
46
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

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 (32 events)Click to expand
  1. 2025-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2024-04-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2023-07-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2021-10-19
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2021-09-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2020-11-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2020-11-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2020-10-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-10-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2019-12-04
    GRAY, Dale resigned
    director
  11. 2019-12-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2019-12-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2019-10-29
    GRAY, Dale appointed
    director
  14. 2019-10-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2019-10-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2019-10-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-10-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2019-10-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2019-10-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2019-10-25
    HAGGERTY, Martyn appointed
    director
  21. 2019-10-24
    🏢
    Company incorporated
    As MARTYN HAGGERTY ELECTRICAL LTD
  22. 2019-10-24
    COSEC LIMITED appointed
    corporate-secretary
  23. 2019-10-24
    COSEC LIMITED resigned
    corporate-secretary
  24. 2019-10-24
    MCMEEKIN, James Stuart appointed
    director
  25. 2019-10-24
    MCMEEKIN, James Stuart resigned
    director
  26. 2019-10-24
    COSEC LIMITED appointed
    corporate-director
  27. 2019-10-24
    COSEC LIMITED resigned
    corporate-director
  28. 2019-10-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  29. 2019-10-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  30. 2019-10-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  31. 2019-10-24
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  32. 2019-10-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder name in company name: Company name contains director surname "HAGGERTY" — strong identity link between founder and business.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2021-07-24

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2021-11-12

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Martyn Haggerty
Individual · British · DOB 06/1989 · age 37
sig. influencesignificant influence25/10/2019
2 historic (ceased) PSCs
  • Mr Dale Grayceased 04/12/2019· significant influence
  • Codir Limitedceased 25/10/2019· 75-100% shares · 75-100% voting · board control

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 →
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Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2019-10-24
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

C/O Horizon Ca
5 La Belle Place
Glasgow
G3 7LH
Scotland

Filing status

Accounts
Next due: 2021-07-24OVERDUE
Last made up to:
Confirmation statement
Next due: 2021-11-12OVERDUE
Last: 2020-10-29

Officers (1 active · 4 resigned)

HAGGERTY, Martyn
director · ~37y · appointed 2019-10-25
View their other companies + combined net worth →
Active
COSEC LIMITED
corporate-secretary · appointed 2019-10-24 · resigned 2019-10-24
Resigned
GRAY, Dale
director · ~34y · appointed 2019-10-29 · resigned 2019-12-04
Resigned
MCMEEKIN, James Stuart
director · ~59y · appointed 2019-10-24 · resigned 2019-10-24
Resigned
COSEC LIMITED
corporate-director · appointed 2019-10-24 · resigned 2019-10-24
Resigned

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

Recent filings (25 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-26
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-10-19
gazette-notice-compulsory
gazette · GAZ1
2021-09-21
change-person-director-company-with-change-date
officers · CH01
2020-11-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-07
termination-director-company-with-name-termination-date
officers · TM01
2019-12-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-12-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-10-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-29