A. & B. ELECTRICS LIMITED
💤Zombieactive
04493668 · ltd · incorporated 2002-07-24
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
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (76/100)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
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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 | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Average employees | 300 | 200 |
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
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-02-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-03-02➖REES, Carol Anne resignedsecretary
- 2020-03-02➖REES, Carol Anne resigneddirector
- 2020-03-02➖REES, Paul William resigneddirector
- 2020-03-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-03-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-05-13➕REES, Benjamin Paul appointeddirector
- 2002-07-24🏢Company incorporatedAs A. & B. ELECTRICS LIMITED
- 2002-07-24➕REES, Carol Anne appointedsecretary
- 2002-07-24➕SAME-DAY COMPANY SERVICES LIMITED appointedcorporate-nominee-secretary
- 2002-07-24➖SAME-DAY COMPANY SERVICES LIMITED resignedcorporate-nominee-secretary
- 2002-07-24➕REES, Carol Anne appointeddirector
- 2002-07-24➕REES, Paul William appointeddirector
- 2002-07-24➕WILDMAN & BATTELL LIMITED appointedcorporate-nominee-director
- 2002-07-24➖WILDMAN & BATTELL LIMITED resignedcorporate-nominee-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 24 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 Benjamin Paul Rees Individual · British · DOB 10/1980 · age 46 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
2 historic (ceased) PSCs
- Mrs Carol Anne Reesceased 16/07/2020· 25-50% shares · 25-50% voting · board control · significant influence
- Mr Paul William Reesceased 02/03/2020· 25-50% shares · 25-50% voting · board control · significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · SA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 007 DIGGERS LTD→ 15831213 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 10-TEN CONSTRUCTION AND ENGINEERING LTD→ 12263720 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 1S CAPITAL GROUP LTD→ 13224410 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 1ST CHOICESCAFFOLDINGWALES LIMITED→ 15013448 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 LOCKS LTD→ 15244465 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 222 DEVELOPMENTS LIMITED→ 07699185 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 3 CORD SERVICES LIMITED→ 16057434 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3 M'S TIMBERFRAME & CARPENTRY LIMITED→ 06992119 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 3D SITE SOLUTIONS LTD→ 15111321 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 80CS LTD→ 11682995 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A & A SCAFFOLDING (PEMBS) LTD→ 13943078 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A&A HEATING, GAS & OIL LTD→ 14623465 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2002-07-24
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation
Registered office
346 A Birchgrove Road
Birchgrove
Swansea
SA7 9NN
Wales
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-07-24
Last: 2025-07-10
Officers (1 active · 5 resigned)
REES, Benjamin Paul→
Activedirector · ~46y · appointed 2015-05-13
View their other companies + combined net worth →
REES, Carol Anne→
Resignedsecretary · appointed 2002-07-24 · resigned 2020-03-02
SAME-DAY COMPANY SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-07-24 · resigned 2002-07-24
REES, Carol Anne→
Resigneddirector · ~69y · appointed 2002-07-24 · resigned 2020-03-02
REES, Paul William→
Resigneddirector · ~72y · appointed 2002-07-24 · resigned 2020-03-02
WILDMAN & BATTELL LIMITED→
Resignedcorporate-nominee-director · appointed 2002-07-24 · resigned 2002-07-24
Click a director name to see their full track record across all companies.
Recent filings (65 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-16