ACE ELECTRICS LIMITED

💤Zombieactive
04813856 · ltd · incorporated 2003-06-27
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 Jul 2025
Net worth
£222.2k
book net assets
Opportunity
80/100
Exceptional
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What this business does

Likely a small electrical contracting business carrying out installation work — such as wiring, consumer units, and electrical fit-outs — on residential or commercial construction projects in and around Buckley, north-east Wales.

Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 64-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). 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 (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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
55 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 105 (micro)
Positive net assets
Net assets £222,220
Net assets shrinking
Down £31,217 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£222k
↓ 12% YoY
Current Assets
£282k
↓ 9.1% YoY
Current Liabilities
£0£62k£124k£186k£248k£310kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-07-312024-07-31
Total assets£222.2k£253.4k
Current assets£281.8k£309.9k
Net assets£222.2k£253.4k

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
1
filing
  • 1 officers
Last 90 days
1
filing
  • 1 officers
Last 180 days
2
filings
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-04-24
    SHONE, Gail Elizabeth resigned
    director
  2. 2026-04-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-04-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-07-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-07-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-07-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-06-09
    📄
    capital-name-of-class-of-shares
    capital · SH08
  17. 2016-06-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2016-05-13
    SHONE, Gail Elizabeth appointed
    director
  19. 2003-06-27
    🏢
    Company incorporated
    As ACE ELECTRICS LIMITED
  20. 2003-06-27
    SHONE, Gail Elizabeth appointed
    secretary
  21. 2003-06-27
    SHONE, James Andrew appointed
    director

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

95/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. 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 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr James Andrew Shone
Individual · British · DOB 05/1962 · age 64
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mrs Gail Elizabeth Shone
Individual · British · DOB 07/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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
Incorporated2003-06-27
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

Unit 6 Spencer Industrial Estate
Standard Road
Buckley
Flintshire
CH7 3LY

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-06-29
Last: 2025-06-15

Officers (2 active · 1 resigned)

SHONE, Gail Elizabeth
secretary · appointed 2003-06-27
View their other companies + combined net worth →
Active
SHONE, James Andrew
director · ~64y · appointed 2003-06-27
View their other companies + combined net worth →
Active
SHONE, Gail Elizabeth
director · ~63y · appointed 2016-05-13 · resigned 2026-04-24
Resigned

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

Recent filings (55 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-17