3 ELECTRICAL LTD

💤Zombieactive
08429111 · ltd · incorporated 2013-03-04
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 Mar 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 68). 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).

🏦

Refinance opportunity

1 live charge · oldest 12.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 12.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees-200-200

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-10-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-06-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-07-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-11-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-09-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2018-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-08-31
    WATTS, Shaun Eric resigned
    director
  12. 2018-08-23
    SCOTCHBROOK, Neil John resigned
    director
  13. 2018-08-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2018-08-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2018-05-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2018-05-10
    📄
    capital-allotment-shares
    capital · SH01
  17. 2018-02-26
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2017-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2017-04-20
    MUNNS, Rodney Cyril appointed
    director
  20. 2017-04-20
    WATTS, Shaun Eric appointed
    director
  21. 2013-10-11
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  22. 2013-03-04
    🏢
    Company incorporated
    As 3 ELECTRICAL LTD
  23. 2013-03-04
    SCOTCHBROOK, Neil John appointed
    director

Owner dependency

90/100
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 age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
NameSharesVoting rightsNature of controlNotified
Mr Rodney Cyril Munns
Individual · British · DOB 04/1958 · age 68
sig. influencesignificant influence06/04/2017
1 historic (ceased) PSC
  • Mr Neil Scotchbrookceased 23/08/2018· significant influence

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

🔒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 →

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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

Statusactive
Typeltd
Incorporated2013-03-04
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

18 Morland Avenue
Leicester
LE2 2PE
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-06
Last: 2025-08-23

Officers (1 active · 2 resigned)

MUNNS, Rodney Cyril
director · ~68y · appointed 2017-04-20
View their other companies + combined net worth →
Active
SCOTCHBROOK, Neil John
director · ~78y · appointed 2013-03-04 · resigned 2018-08-23
Resigned
WATTS, Shaun Eric
director · ~59y · appointed 2017-04-20 · resigned 2018-08-31
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property11/10/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (38 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2019-09-24