PRICE ELECTRICS (ELECTRICAL CONTRACTORS) LIMITED
💤Zombieactive
03606745 · ltd · incorporated 1998-07-30
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 Sept 2024
Net worth
£-8.2k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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
1 live charge · oldest 27.7y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 27.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £8,153
Cash YoY
-13%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£692
↓ 13% YoY
Net Worth
-£8k
↑ 64% YoY
Current Assets
£12k
↓ 22% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £-4.9k | £-10.1k |
| Current assets | £12.5k | £16.0k |
| Cash | £692 | £792 |
| Debtors | £10.4k | £14.0k |
| Net assets | £-8.2k | £-22.8k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-06-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-06-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-04-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-09➖PRICE, Belinda resignedsecretary
- 2021-06-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-08-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-07-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-06-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-08-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-06-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1998-10-20🔒Charge registered #1Lender: Lloyds Bank PLC
- 1998-07-30🏢Company incorporatedAs PRICE ELECTRICS (ELECTRICAL CONTRACTORS) LIMITED
- 1998-07-30➕PRICE, Robert Alan appointeddirector
- 1998-07-30➕PRICE, Belinda appointedsecretary
- 1998-07-30➕EXPRESS SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1998-07-30➖EXPRESS SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1998-07-30➕EXPRESS DIRECTORS LIMITED appointedcorporate-nominee-director
- 1998-07-30➖EXPRESS DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
100/100
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.
- +Founder name in company name: Company name contains director surname "PRICE" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert Alan Price Individual · British · DOB 10/1958 · age 68 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 · Construction · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 4R CONSTRUCTION LTD→ 13133823 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 4WARD MAINTENANCE LTD→ 14611091 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 5 CROWNS GAS & PLUMBING SERVICES LTD→ 12838954 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 5 STAR BUILDERS SERVICES LTD→ 13354753 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 5 STARS GAS & ELECTRIC LTD→ 16240636 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 637 MANAGEMENT LTD→ 15449054 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 8 D CONCEPTS LTD→ 15597731 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A&A CONTRACTORS MIDLANDS LTD→ 11753879 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| A&A ELECTRICAL INSTALLATIONS LTD→ 10960650 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A1 DRIVEWAYS BHAM LIMITED→ 13336202 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A1 ENERGY SERVICES LTD→ 13391790 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A1 HOLLYWOOD ELECTRICAL LIMITED→ 06333712 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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
Incorporated1998-07-30
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation
Registered office
21 Cheswick Close
Winyates Green
Redditch
Worcestershire
B98 0QG
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-11
Last: 2025-07-28
Officers (1 active · 3 resigned)
PRICE, Robert Alan→
Activedirector · ~68y · appointed 1998-07-30
View their other companies + combined net worth →
PRICE, Belinda→
Resignedsecretary · appointed 1998-07-30 · resigned 2021-10-09
EXPRESS SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-07-30 · resigned 1998-07-30
EXPRESS DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 1998-07-30 · resigned 1998-07-30
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | Debenture deed | 1 property | 20/10/1998 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (67 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
termination-secretary-company-with-name-termination-date
officers · TM02
2023-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-29