THE ELECON GROUP LIMITED
⚰️Wound downdissolved
05505049 · ltd · incorporated 2005-07-11
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 20.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
59/100
Worth a look
What this business does
Primary activity: SIC 7415
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 59/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 20.3y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (50/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
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 (39 events)Click to expand
- 2011-04-19📄gazette-dissolved-compulsorygazette · GAZ2
- 2011-04-19🏁Company dissolved
- 2010-11-11📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-11-09📄gazette-notice-compulsorygazette · GAZ1
- 2010-02-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-08-05📄legacyannual-return · 363a
- 2009-07-11📄legacyofficers · 288b
- 2009-07-01➖COOPER, Adrian resigneddirector
- 2008-12-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-08-15📄legacymortgage · 395
- 2008-08-14📄legacyannual-return · 363a
- 2008-08-13🔒Charge registered #2Lender: Bibby Financial Services Limited
- 2008-04-10📄legacyannual-return · 363a
- 2008-03-17📄legacyofficers · 288a
- 2008-03-17📄legacyofficers · 288c
- 2008-03-05📄legacyofficers · 288b
- 2008-03-05📄legacyofficers · 288a
- 2008-01-24➕GRAY, Peter appointedsecretary
- 2008-01-24➖GRAY, Louise Joanne resignedsecretary
- 2008-01-24➕COOPER, Adrian appointeddirector
- 2007-06-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-11-29📄legacyannual-return · 363a
- 2006-11-29📄legacyofficers · 288c
- 2006-08-31📄accounts-with-made-up-dateaccounts · AA
- 2006-08-18📄legacyaccounts · 225
- 2006-03-16📄legacycapital · 88(2)R
- 2006-03-08📄legacymortgage · 395
- 2006-03-01📄legacycapital · 123
- 2006-03-01📄resolutionresolution · RESOLUTIONS
- 2006-03-01📄resolutionresolution · RESOLUTIONS
- 2006-03-01📄resolutionresolution · RESOLUTIONS
- 2006-02-20🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2005-07-11🏢Company incorporatedAs THE ELECON GROUP LIMITED
- 2005-07-11➕GRAY, Peter William appointeddirector
- 2005-07-11➕GRAY, Louise Joanne appointedsecretary
- 2005-07-11➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2005-07-11➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2005-07-11➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
- 2005-07-11➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
85/100
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.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-04-19
🔒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
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|---|---|---|---|---|---|---|---|
| ABOTT STRUCTURAL ENGINEERING LTD→ 12150082 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABSTRACT HEAD HUNTERS LIMITED→ 11761216 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ABX CONSULTANCY LTD→ 13784415 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AC ACCOUNTANCY SERVICES (UK) LIMITED→ 08629302 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ACCELERATE CONSULTING (UK) LIMITED→ 08927939 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ACCESS MEDICS LIMITED→ 11793192 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ACCESSFD LIMITED→ 07914274 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ACCOUNTABLE BOOKKEEPING LIMITED→ 06676459 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ACCOUNTANCY AND TAX HELP LIMITED→ 05126721 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ACCOUNTANCY MATTERS LIMITED→ 04150449 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| ACCOUNTANCY SERVICES (BOLTON) LIMITED→ 04960273 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ACCOUNTING & FINANCIAL SOLUTIONS LIMITED→ 06192028 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
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
Statusdissolved
Typeltd
Incorporated2005-07-11
Jurisdictionengland-wales
Primary SIC7415 — SIC 7415
Registered office
Regency House
45-51 Chorley New Road
Bolton
BL1 4QR
United Kingdom
Filing status
Accounts
Next due: —
Last made up to: 2009-01-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
Active
GRAY, Peter William→
Activedirector · ~52y · appointed 2005-07-11
View their other companies + combined net worth →
GRAY, Louise Joanne→
Resignedsecretary · appointed 2005-07-11 · resigned 2008-01-24
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-07-11 · resigned 2005-07-11
COOPER, Adrian→
Resigneddirector · ~53y · appointed 2008-01-24 · resigned 2009-07-01
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2005-07-11 · resigned 2005-07-11
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bibby Financial Services Bibby Financial Services Limited | Debenture | 1 property | 13/08/2008 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 20/02/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (32 total)
gazette-dissolved-compulsory
gazette · GAZ2
2011-04-19
change-registered-office-address-company-with-date-old-address
address · AD01
2010-11-11
gazette-notice-compulsory
gazette · GAZ1
2010-11-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-02-22
legacy
annual-return · 363a
2009-08-05
legacy
officers · 288b
2009-07-11
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-12-02
legacy
mortgage · 395
2008-08-15
legacy
annual-return · 363a
2008-08-14
legacy
annual-return · 363a
2008-04-10
legacy
officers · 288a
2008-03-17
legacy
officers · 288c
2008-03-17
legacy
officers · 288b
2008-03-05
legacy
officers · 288a
2008-03-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-06-19