LEXO ELECTRIC LTD
- 35140SIC 35140
Opportunity 61/100 (worth a look), bankability 50/100. 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: strategic trade sale (38/100).
Data confidence
Overall: medium (55/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
- • 1 gazette
- • 1 gazette
Corporate timeline (7 events)Click to expand
- 2026-04-07📄gazette-notice-compulsorygazette · GAZ1
- 2025-01-16➕THOMSON, Paul Edward appointeddirector
- 2025-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-07🏢Company incorporatedAs LEXO ELECTRIC LTD
- 2024-05-07➕FAGAN, Grant appointedsecretary
- 2024-05-07➕FAGAN, Grant appointeddirector
- 2024-05-07📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Young company: Only 2.0 years old — management layer unlikely to be developed.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-02-07
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Grant Fagan Individual · British · DOB 01/1992 · age 34 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/05/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Energy & utilities · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MONAN WIND COMPANY LIMITED→ SC453209 · est 2013 | £75.8k £54.6k–£97.1k | — | — | 300 | 12y | 79 | 56y |
| BRAIDENHILL FARM WIND LIMITED→ SC313706 · est 2006 | — | — | — | 200 | 19y | 83 | 59y |
| DIVERSE INVESTMENTS SCOTLAND LTD→ SC311596 · est 2006 | — | — | £3.15M | — | 19y | 83 | 62y |
| KARIS TECHNICAL SERVICES LTD.→ SC350406 · est 2008 | — | — | £65.9k | — | 17y | 82 | 62y |
| STRATH-AIR LIMITED→ SC086972 · est 1984 | — | — | £192.8k | — | 42y | 82 | 67y |
| SUBCOOL (AIR CONDITIONING) LIMITED→ SC233229 · est 2002 | — | — | £768.6k | — | 23y | 82 | 59y |
| UNIVERSAL ENERGY (SCOTLAND) LIMITED→ SC363027 · est 2009 | — | — | £407.3k | — | 16y | 82 | 67y |
| RICHARDSON OILS UNLIMITED→ SC238121 · est 2002 · no financials extracted | — | — | — | — | 23y | 81 | 61y |
| ALBEC METAL COMPANY LIMITED→ SC211104 · est 2000 | — | — | — | — | 25y | 80 | 65y |
| AQUA PROJECTS LIMITED→ SC234073 · est 2002 | — | — | £27.5k | — | 23y | 80 | 65y |
| AUCHNOTROCH WIND ENERGY LTD.→ SC430889 · est 2012 | — | — | £961.9k | — | 13y | 80 | 62y |
| AUTORECYCLING LIMITED→ SC360646 · est 2009 | — | — | £79.5k | — | 16y | 80 | 63y |
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 →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
Registered office
Filing status
Officers (3 active · 0 resigned)
Click a director name to see their full track record across all companies.