FOULA ELECTRICITY COMPANY LTD

🌿Early-stageactive
SC797161 · private-limited-guarant-nsc · incorporated 2024-01-30
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
67/100
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 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
  • 35130SIC 35130
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (61/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 officers
Last 90 days
1
filing
  • 1 officers
Last 180 days
2
filings
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-04-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-20
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  4. 2025-03-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-01-30
    🏢
    Company incorporated
    As FOULA ELECTRICITY COMPANY LTD
  6. 2024-01-30
    GEAR, Sheila Catherine appointed
    director
  7. 2024-01-30
    HOLBOURN, Magnus Robert appointed
    director
  8. 2024-01-30
    ROBERTSON, Frank Andrew appointed
    director
  9. 2024-01-30
    GEAR, James Ross appointed
    director
  10. 2024-01-30
    GEAR, James Ross resigned
    director
  11. 2024-01-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

70/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 88 — succession pressure is live.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 88 years old. Natural succession window is now.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-12

Similar companies

Active · Energy & utilities · ZE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
FAIR ISLE ELECTRICITY COMPANY LIMITED
SC196676 · est 1999
026y8383y
AK PLASTIC LIMITED
SC821425 · est 2024 · no financials extracted
1y
AM SERVICES (BRAE) LIMITED
SC528624 · est 2016 · no financials extracted
10y
AQUILA WASTE MANAGEMENT SOLUTIONS LIMITED
SC729342 · est 2022 · no financials extracted
4y
BAYWRASSE ENTERPRISES LTD
SC590189 · est 2018 · no financials extracted
8y
GARTH WIND LIMITED
SC451598 · est 2013 · no financials extracted
12y
GREMISTA ENERGY LIMITED
SC756051 · est 2023 · no financials extracted
3y
HILLCREST ENTERPRISES (YELL) LIMITED
SC465570 · est 2013 · no financials extracted
12y
HILLHEAD WIND LIMITED
SC410373 · est 2011 · no financials extracted
14y
M.Z.J. LTD
SC601472 · est 2018 · no financials extracted
7y
MARINE PARK LIMITED
SC443392 · est 2013 · no financials extracted
13y
NESHION LTD
SC737642 · est 2022 · no financials extracted
3y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Typeprivate-limited-guarant-nsc
Incorporated2024-01-30
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Westwards
Bigton
Shetland
ZE2 9JF

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-02-12OVERDUE
Last: 2025-01-29

Officers (3 active · 1 resigned)

GEAR, Sheila Catherine
director · ~84y · appointed 2024-01-30
View their other companies + combined net worth →
Active
HOLBOURN, Magnus Robert
director · ~48y · appointed 2024-01-30
View their other companies + combined net worth →
Active
ROBERTSON, Frank Andrew
director · ~88y · appointed 2024-01-30
View their other companies + combined net worth →
Active
GEAR, James Ross
director · ~83y · appointed 2024-01-30 · resigned 2024-01-30
Resigned

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

Recent filings (6 total)

change-person-director-company-with-change-date
officers · CH01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-30
change-account-reference-date-company-current-extended
accounts · AA01
2025-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-20
termination-director-company-with-name-termination-date
officers · TM01
2025-03-19
incorporation-company
incorporation · NEWINC
2024-01-30