A BRICE ELECTRICAL LTD

💤Zombieactive
08981804 · ltd · incorporated 2014-04-07
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 Sept 2025
Net worth
£215
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does

Likely a small, owner-operated electrical contracting business based in Bristol, carrying out day-to-day electrical installation work across residential or commercial construction projects, including wiring, fitting, and related electrical systems.

Primary activity: Electrical installation
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £215

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£215
Current Assets
£8k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-09-30
Total assets£4.3k
Current assets£8.3k
Net assets£215

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 (17 events)Click to expand
  1. 2025-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-11-07
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  3. 2024-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-01-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-10-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-06-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2016-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-04-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-12-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2015-07-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-04-07
    🏢
    Company incorporated
    As A BRICE ELECTRICAL LTD
  16. 2014-04-07
    BRICE, Adam John appointed
    director
  17. 2014-04-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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 "BRICE" — strong identity link between founder and business.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-21

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adam John Brice
Individual · British · DOB 10/1989 · age 37
75100%
75–100%75-100% shares · 75-100% voting07/04/2017

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

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
Incorporated2014-04-07
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

20 Albert Road
Severn Beach
Bristol
BS35 4PT

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-04-21OVERDUE
Last: 2025-04-07

Officers (1 active · 0 resigned)

BRICE, Adam John
director · ~37y · appointed 2014-04-07
View their other companies + combined net worth →
Active

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

Recent filings (24 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-08
change-account-reference-date-company-previous-extended
accounts · AA01
2025-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-15