BEDFORD DISCOUNT ELECTRICAL LIMITED
Opportunity 52/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Company in liquidation. Company is actively being wound up. Not a going concern. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 insolvency
- • 1 address
- • 1 resolution
- • 2 insolvency
- • 1 address
- • 1 resolution
Corporate timeline (26 events)Click to expand
- 2026-04-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-04-25⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2026-04-25📄resolutionresolution · RESOLUTIONS
- 2026-04-25⚠️liquidation-voluntary-statement-of-affairsinsolvency · LIQ02
- 2025-02-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-04-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-09-01➕NORMAN, Gregory James appointeddirector
- 2012-08-31➖FREEMANTLE, Stephen John resigneddirector
- 2004-08-11🏢Company incorporatedAs BEDFORD DISCOUNT ELECTRICAL LIMITED
- 2004-08-11➕PARSONS, Wayne Russell appointedsecretary
- 2004-08-11➕PARSONS, Wayne Russell appointeddirector
- 2004-08-11➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2004-08-11➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 2004-08-11➕FREEMANTLE, Stephen John appointeddirector
- 2004-08-11➕INSTANT COMPANIES LIMITED appointedcorporate-nominee-director
- 2004-08-11➖INSTANT COMPANIES LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
2 high ·Company is actively being wound up. Not a going concern.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-04-25: liquidation-voluntary-appointment-of-liquidator; 2026-04-25: liquidation-voluntary-statement-of-affairs
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gregory James Norman Individual · British · DOB 08/1979 · age 47 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Wayne Russell Parsons Individual · British · DOB 09/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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9 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 →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
Registered office
Filing status
Officers (3 active · 3 resigned)
Click a director name to see their full track record across all companies.