SEAMUS STEWART ELECTRICAL LIMITED

💤Zombieactive

NI045046 · ltd · incorporated 2003-01-07

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 Mar 2025

Net worth

£162.1k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Electrical installation

Sector: Construction

Investor take

Pursue

Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.2y

45/100

under pressure

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

· Oldest live charge is 19.2 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

4 officers (2 active, 4 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £162,066

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£162k

↑ 23% YoY

Current Assets

£107k

↓ 27% YoY

Current Liabilities

—

Hover 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	£162.1k	£132.3k
Current assets	£107.0k	£146.2k
Net assets	£162.1k	£132.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-12-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-07-18
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-07-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-03-31
➖
STEWART, Carmel resigned
director
2018-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-07
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-02-27
🔒
Charge registered #1
Lender: Hsbc Bank PLC
2003-04-07
➕
STEWART, Seamus Paul appointed
director
2003-04-07
➕
STEWART, Carmel appointed
director
2003-04-07
➖
CS DIRECTOR SERVICES LIMITED resigned
corporate-director
2003-01-07
🏢
Company incorporated
As SEAMUS STEWART ELECTRICAL LIMITED
2003-01-07
➕
STEWART, Seamus Paul appointed
secretary
2002-01-07
➕
CS DIRECTOR SERVICES LIMITED appointed
corporate-director

Owner dependency

100/100

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 "STEWART" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

95/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 23 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

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Seamus Paul Stewart Individual · Irish · DOB 06/1963 · age 63	25–50%	—	25-50% shares	01/06/2016

1 historic (ceased) PSC

Mrs Carmel Stewartceased 31/03/2019· 25-50% shares

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

Similar companies

Active · Construction · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BSG CIVIL ENGINEERING LIMITED→ NI021016 · est 1987	£25.64M £18.31M–£32.96M	£36.49M	—	8700	38y	85	73y
E.J.C. CONTRACTS LTD→ NI045412 · est 2003	£24.60M £17.57M–£31.62M	£27.26M	—	7700	23y	90	54y
P MCVEY BUILDING SYSTEMS LTD→ NI634141 · est 2015	£14.13M £10.09M–£18.17M	£24.15M	—	5400	10y	90	66y
M.J. MCBRIDE CONSTRUCTION LTD→ NI066620 · est 2007	£14.06M £10.04M–£18.07M	£19.82M	—	1500	18y	87	77y
SOUTH BANK SQUARE LTD→ NI605444 · est 2010	£12.16M £8.69M–£15.64M	£13.65M	—	400	15y	86	73y
P MCK LTD→ NI062901 · est 2007	£7.58M £5.42M–£9.75M	£16.85M	—	5100	19y	87	71y
CORICK INVESTMENTS LIMITED→ NI025056 · est 1990	£6.35M £4.54M–£8.16M	—	—	0	35y	92	69y
BAYVIEW CONTRACTS LTD→ NI041488 · est 2001	£4.57M £3.26M–£5.87M	£24.46M	—	17900	24y	87	61y
ADSTON (UK) LIMITED→ NI605512 · est 2010	£4.00M £2.86M–£5.15M	£11.40M	—	1100	15y	100	79y
THORNTON ROOFING (IRELAND) LIMITED→ NI041349 · est 2001	£2.68M £1.91M–£3.44M	£16.60M	—	9300	24y	87	88y
C.B. CONTRACTS (N.I.) LTD→ NI038170 · est 2000	£1.49M £1.06M–£1.91M	—	—	70	26y	85	64y
BUILDCON HOMES LIMITED→ NI048752 · est 2003	—	—	—	700	22y	87	82y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

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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.

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Company details

Statusactive

Typeltd

Incorporated2003-01-07

Jurisdictionnorthern-ireland

Primary SIC43210 — Electrical installation

Registered office

228 Lattone Road

Belcoo

Enniskillen

BT93 5EF

Northern Ireland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-18

Last: 2026-01-04

Officers (2 active · 2 resigned)

STEWART, Seamus Paul→

secretary · appointed 2003-01-07

View their other companies + combined net worth →

Active

STEWART, Seamus Paul→

director · ~63y · appointed 2003-04-07

View their other companies + combined net worth →

Active

STEWART, Carmel→

director · ~62y · appointed 2003-04-07 · resigned 2019-03-31

Resigned

CS DIRECTOR SERVICES LIMITED→

corporate-director · appointed 2002-01-07 · resigned 2003-04-07

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	HSBC Hsbc Bank PLC	Debenture	1 property	27/02/2007	—

Click column headers to sort. Use filters above to narrow by status and lender.