KEVIN WELLS ELECTRICAL LIMITED

💤Zombieactive
04564802 · ltd · incorporated 2002-10-16
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 Dec 2024
Net worth
£-1.4k
book net assets
Opportunity
80/100
Exceptional
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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 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). 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 (73/100).

Data confidence

Overall: medium (75/100)

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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £1,448

Key financials

2 years extracted from filed iXBRL accounts
Cash
£987
Net Worth
-£1k
↓ 152% YoY
Current Assets
£45k
↑ 11% YoY
Current Liabilities
—
-£1k£8k£17k£26k£36k£45kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£-1.4k£-534
Current assets£44.8k£40.4k
Cash£987—
Debtors£43.0k£39.6k
Net assets£-1.4k£-574

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-20
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  3. 2024-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-10-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2020-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-02-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2020-02-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-02-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2019-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-10-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2017-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-07-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2002-11-07
    ➕
    MKL SECRETARIES LIMITED appointed
    corporate-secretary
  18. 2002-11-07
    ➕
    WELLS, Kevin James appointed
    director
  19. 2002-10-16
    🏢
    Company incorporated
    As KEVIN WELLS ELECTRICAL LIMITED
  20. 2002-10-16
    ➕
    VENTURE NOMINEES (1) LIMITED appointed
    corporate-secretary
  21. 2002-10-16
    ➖
    VENTURE NOMINEES (1) LIMITED resigned
    corporate-secretary
  22. 2002-10-16
    ➕
    VENTURE NOMINEES (2) LIMITED appointed
    corporate-director
  23. 2002-10-16
    ➖
    VENTURE NOMINEES (2) LIMITED resigned
    corporate-director

Owner dependency

100/100
Critical — business is the founder

The 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 "WELLS" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Kevin James Wells
Individual · British · DOB 07/1965 · age 61
75–100%
—75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2002-10-16
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

Herston Cross House
230 High Street
Swanage
Dorset
BH19 2PQ
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16

Officers (2 active · 2 resigned)

MKL SECRETARIES LIMITED→
corporate-secretary · appointed 2002-11-07
View their other companies + combined net worth →
Active
WELLS, Kevin James→
director · ~61y · appointed 2002-11-07
View their other companies + combined net worth →
Active
VENTURE NOMINEES (1) LIMITED→
corporate-secretary · appointed 2002-10-16 · resigned 2002-10-16
Resigned
VENTURE NOMINEES (2) LIMITED→
corporate-director · appointed 2002-10-16 · resigned 2002-10-16
Resigned

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

Recent filings (67 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-20
change-corporate-secretary-company-with-change-date
officers · CH04
2025-10-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-19
change-person-director-company-with-change-date
officers · CH01
2020-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-02-13