BALBY ELECTRIC COMPANY LIMITED
💤Zombieactive
02409176 · ltd · incorporated 1989-07-28
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 Apr 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company 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. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 36.0y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 36.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 7 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
119 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 3 | 400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-01-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-14➖FRETWELL, Andrew resigneddirector
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-23📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2024-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-30➖SELBY, John resigneddirector
- 2023-10-30➖SELBY, Margaret Nancy resigneddirector
- 2022-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-01-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2013-07-15➕VANN, David appointedsecretary
- 2013-07-15➖ALLISON, Brian resignedsecretary
- 2012-07-16🔒Charge registered #3Lender: Aldermore Invoice Finance, a Division of Aldermore Bank PLC
- 2012-05-01➕VANN, David appointeddirector
- 2012-05-01➖ALLISON, Brian resigneddirector
- 2012-05-01➖ALLISON, Pamela Margaret resigneddirector
- 2012-05-01➕FRETWELL, Andrew appointeddirector
- 2000-08-25➖DENNIS, Brian Mervyn resigneddirector
- 2000-07-10➕ALLISON, Brian appointedsecretary
- 2000-07-10➖DENNIS, Brian Mervyn resignedsecretary
- 1996-04-27➕DENNIS, Brian Mervyn appointedsecretary
- 1996-04-26➖FULLER, Marjorie resignedsecretary
- 1990-12-10🔒Charge registered #2Lender: Barclays Bank PLC
- 1990-06-06🔒Charge registered #1Lender: Barclays Bank PLC
- 1989-07-28🏢Company incorporatedAs BALBY ELECTRIC COMPANY LIMITED
Owner dependency
83/100
Critical — business is the founderThe 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 58 — approaching natural succession window.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 14 years.
- secondaryStable-but-static management: Company is 37 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Vann Individual · British · DOB 07/1968 · age 58 | 25–50% | — | 25-50% shares | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Andrew Fretwellceased 14/01/2026· 25-50% shares
- Mr John Selbyceased 30/10/2023· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · DN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| C L FLINT LTD→ 16111229 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CALEDONIANTIMBERSOLUTION LTD→ 17091168 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CARVER ENGINEERING ACCESS & SAFETY SOLUTIONS LIMITED→ 08803756 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CATHY SUTHERLAND JEWELLERY LTD→ 16369444 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CENTRAL DOORS LIMITED→ 10502053 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CENTRE LINE MACHINING LIMITED→ 06678657 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CENTURY FRAMES LIMITED→ 06079491 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| CERBERUS FABRICATION LTD→ 16522107 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CERTEX LIFTING LIMITED→ 05304747 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| CHAPTER TWO LONDON LTD→ 16687454 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHRISTOPHER JAMES CONTRACT INTERIORS LIMITED→ 11680173 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CHRISTOPHER JAMES CONTRACTS LIMITED→ 03793482 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1989-07-28
Jurisdictionengland-wales
Primary SIC33120 — Repair of machinery
Registered office
Polydon Park
Radiance Road
Doncaster
DN1 2TE
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15
Officers (2 active · 9 resigned)
Active
Active
ALLISON, Brian→
Resignedsecretary · appointed 2000-07-10 · resigned 2013-07-15
DENNIS, Brian Mervyn→
Resignedsecretary · appointed 1996-04-27 · resigned 2000-07-10
FULLER, Marjorie→
Resignedsecretary · resigned 1996-04-26
ALLISON, Brian→
Resigneddirector · ~78y · resigned 2012-05-01
ALLISON, Pamela Margaret→
Resigneddirector · ~81y · resigned 2012-05-01
DENNIS, Brian Mervyn→
Resigneddirector · ~84y · resigned 2000-08-25
FRETWELL, Andrew→
Resigneddirector · ~54y · appointed 2012-05-01 · resigned 2026-01-14
SELBY, John→
Resigneddirector · ~74y · resigned 2023-10-30
SELBY, Margaret Nancy→
Resigneddirector · ~72y · resigned 2023-10-30
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Invoice Finance, a Division of Aldermore Bank PLC | Debenture | 1 property | 16/07/2012 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 10/12/1990 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 06/06/1990 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (119 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-28
termination-director-company-with-name-termination-date
officers · TM01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-10
termination-director-company-with-name-termination-date
officers · TM01
2023-11-10
termination-director-company-with-name-termination-date
officers · TM01
2023-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-27