DR ELECTRICS LTD
💤Zombieactive
09529389 · ltd · incorporated 2015-04-08
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 Apr 2025
Net worth
£11.2k
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: SIC 35140
Sector: Electricity, gas & energy
Investor take
Special-situation opportunityDistressed energy with salvageable qualities — special-situations priority.
Opportunity 65/100 (strong), 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 (77/100)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
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
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 · accounting standard not declaredPositive net assets
Net assets £11,227
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£11k
↑ 34% YoY
Current Assets
£23k
↑ 121% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £2.4k | £5.0k |
| Current assets | £22.6k | £10.2k |
| Net assets | £11.2k | £8.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (29 events)Click to expand
- 2025-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-07-22📄gazette-notice-compulsorygazette · GAZ1
- 2025-07-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-10➖PALMER, Naomi resigneddirector
- 2025-03-12📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-03-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-03-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-01➕PALMER, Denis Richard appointeddirector
- 2025-02-04📄gazette-notice-compulsorygazette · GAZ1
- 2024-08-31📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-08-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-07📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-07-23📄gazette-notice-compulsorygazette · GAZ1
- 2024-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-26📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-07-25📄gazette-notice-compulsorygazette · GAZ1
- 2023-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-07-27📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-07-19📄gazette-notice-compulsorygazette · GAZ1
- 2022-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-04-08🏢Company incorporatedAs DR ELECTRICS LTD
- 2015-04-08➕FARREL, Lisa appointedsecretary
- 2015-04-08➖FARREL, Lisa resignedsecretary
- 2015-04-08➕FARREL, Lisa appointeddirector
- 2015-04-08➖FARREL, Lisa resigneddirector
- 2015-04-08➕PALMER, Naomi appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-16
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Denis Richard Palmer Individual · British · DOB 06/1970 · age 56 | 75–100% | — | board control75-100% shares · board control · trust interest · firm interest | 01/03/2025 |
1 historic (ceased) PSC
- Miss Naomi Palmerceased 10/07/2025· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Energy & utilities · NN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| C H SPECIALIST TRAINING LTD→ 11553006 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CLEAN EARTH WASTE SOLUTIONS LTD→ 16648287 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COOGEE ELECTRICITY LTD→ 15810648 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CRANFORD TYRE RECOVERY LIMITED→ 13736117 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CROUGHTON RENEWABLE RESOURCES CENTRE LIMITED→ 06461068 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| DE REMOVALS & HAULAGE LTD→ 16872028 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DEDDINGTON LIQUID WASTE DISPOSAL LIMITED→ 06473617 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| DRAGON RECLAMATION LIMITED→ 03721083 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| DRAIN BUDDY SOLUTIONS LTD→ 14983716 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DRAINJET LTD→ 08159036 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| DRAINS & WATERMAINS LTD→ 16638326 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DUCTMANN LIMITED→ 02887867 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
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
Incorporated2015-04-08
Jurisdictionengland-wales
Primary SIC35140 — SIC 35140
Registered office
1 Grays
Drive
Stanion
NN14 1DE
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-16OVERDUE
Last: 2025-05-02
Officers (1 active · 3 resigned)
PALMER, Denis Richard→
Activedirector · ~56y · appointed 2025-03-01
View their other companies + combined net worth →
FARREL, Lisa→
Resignedsecretary · appointed 2015-04-08 · resigned 2015-04-08
FARREL, Lisa→
Resigneddirector · ~46y · appointed 2015-04-08 · resigned 2015-04-08
PALMER, Naomi→
Resigneddirector · ~33y · appointed 2015-04-08 · resigned 2025-07-10
Click a director name to see their full track record across all companies.
Recent filings (44 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-23
gazette-notice-compulsory
gazette · GAZ1
2025-07-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-21
termination-director-company-with-name-termination-date
officers · TM01
2025-07-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-21
gazette-filings-brought-up-to-date
gazette · DISS40
2025-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-11
appoint-person-director-company-with-name-date
officers · AP01
2025-03-11
gazette-notice-compulsory
gazette · GAZ1
2025-02-04
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-28
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-08-07
gazette-notice-compulsory
gazette · GAZ1
2024-07-23