A DRAKE ELECTRICAL LTD
Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-2.8k | £-10.8k |
| Current assets | £5.3k | £3.5k |
| Cash | £5.0k | £2.6k |
| Debtors | £308 | £980 |
| Net assets | £-3.2k | £-11.3k |
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
- • 1 confirmation-statement
Corporate timeline (18 events)Click to expand
- 2025-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-10-19📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2021-10-18📍change-sail-address-company-with-new-addressaddress · AD02
- 2021-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-03-23📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2018-03-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-03-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-03-11🏢Company incorporatedAs A DRAKE ELECTRICAL LTD
- 2016-03-11➕DRAKE, Anthony appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "DRAKE" — strong identity link between founder and business.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Anthony Drake Individual · British · DOB 04/1985 · age 41 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · SS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A G H BUILDING SERVICES LIMITED→ 10248565 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A. FIGG BUILDERS LIMITED→ 04849331 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A&E SOLUTIONS LTD→ 14628177 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A&G BUILDERS LIMITED→ 11101552 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADA MECHANICAL (U.K) LIMITED→ 16774456 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADE ELECTRICAL SERVICES LIMITED→ 17127441 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADJUSTIT LIMITED→ 16912213 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADS DRILLING AND SAWING LTD→ 15149158 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADS GROUNDWORKS LTD→ 06794779 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ADVANCED BUILDING FACILITIES LIMITED→ 06052810 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ADVANCED ENGINEERING SUPPORT SERVICES LTD→ 05210724 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ADVANCED FACILITIES MANAGEMENT LTD→ 15704970 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
7 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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.