FALCON ELECTRICAL ENGINEERING LIMITED
📉Decliningactive
SC090704 · ltd · incorporated 1984-11-23
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
£899.1k
year to Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · oldest 41.2y
55/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 41.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Not currently profitable — coverage conversation is a harder sell.
Data confidence
Overall: medium (79/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
105 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredLoss-making
Loss before tax £72,344
Revenue decline
Turnover down 39% YoY
Slipped into loss
Moved from profit to loss this year
Turnover YoY
-39%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
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 |
|---|---|---|
| Turnover | £899.1k | £1.49M |
| Gross profit | £210.1k | £526.0k |
| Operating profit | £-72.1k | £232.6k |
| Profit before tax | £-72.3k | £233.8k |
| Average employees | 1000 | 900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-01-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-01➕CASEY, Gerald James appointeddirector
- 2025-12-01➖CASEY, Gerald resigneddirector
- 2025-11-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-04-01➕BINNIE, Fraser Andrew appointeddirector
- 2025-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-10-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-12-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-12-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-15🔓Charge satisfied #2
- 2021-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-12-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-11-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-11-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-25➕GAMMIE, Aaron appointeddirector
- 2017-04-25➖GAMMIE, Jack Thompson resigneddirector
- 1992-11-10➕CASEY, Gerald appointedsecretary
- 1992-11-10➖GAMMIE, John Thomas resignedsecretary
- 1985-04-01🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1985-04-01🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1985-03-22🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1984-11-23🏢Company incorporatedAs FALCON ELECTRICAL ENGINEERING LIMITED
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
Red flags
cleanNo 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 Aaron Gammie Individual · British · DOB 10/1980 · age 46 | 50–75% | 50–75% | board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · firm interest | 24/11/2022 |
2 historic (ceased) PSCs
- Mr John Thomas Gammieceased 24/11/2022· 50-75% shares
- Mr Jack Thompson Gammieceased 25/04/2019· 50-75% shares
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 →Similar companies
Active · Construction · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FORSYTH OF DENNY LIMITED→ SC105626 · est 1987 | £5.36M £3.83M–£6.89M | — | — | 10900 | 38y | 85 | 61y |
| OGILVIE CONSTRUCTION LIMITED→ SC069644 · est 1979 | £3.01M £2.15M–£3.87M | — | — | 146 | 46y | 94 | 70y |
| JAMES STRANG LIMITED→ SC100720 · est 1986 | £479.5k £342.5k–£616.5k | — | — | 53 | 39y | 88 | 64y |
| CONCEPT INSTALLATIONS ALLOA LTD→ SC719515 · est 2022 | £48.5k £34.6k–£62.3k | £89.0k | — | 100 | 4y | 84 | 46y |
| SCA CARPENTRY & BUILDING SERVICES LTD→ SC771129 · est 2023 | £35.3k £25.2k–£45.4k | £126.2k | — | 200 | 3y | 84 | 33y |
| CENTRAL DEMOLITION LIMITED→ SC172244 · est 1997 | — | — | £8.08M | — | 29y | 83 | 60y |
| FES LIMITED→ SC053848 · est 1973 · no financials extracted | — | — | — | — | 52y | 83 | 84y |
| GBSS CIVIL ENGINEERING LTD→ SC357477 · est 2009 | — | — | — | 29 | 17y | 83 | 59y |
| IMAGING SUPPLIES LIMITED→ SC176285 · est 1997 | — | — | — | 5 | 29y | 83 | 58y |
| MCG RAIL LIMITED→ SC356959 · est 2009 | — | — | — | 300 | 17y | 83 | 58y |
| R. LINDSAY AND COMPANY (CONTRACTORS) LIMITED→ SC063657 · est 1977 | — | — | — | 28 | 48y | 83 | 59y |
| R.T.A. BUILDING & CONSTRUCTION CO. LIMITED→ SC177982 · est 1997 | — | — | £247.9k | — | 28y | 83 | 60y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1984-11-23
Jurisdictionscotland
Primary SIC43210 — Electrical installation
Registered office
Ramoyle House
Glenbervie Business Park
Larbert
FK5 4RB
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-22
Last: 2025-11-08
Officers (4 active · 3 resigned)
Active
BINNIE, Fraser Andrew→
Activedirector · ~46y · appointed 2025-04-01
View their other companies + combined net worth →
CASEY, Gerald James→
Activedirector · ~69y · appointed 2025-12-01
View their other companies + combined net worth →
GAMMIE, Aaron→
Activedirector · ~46y · appointed 2017-04-25
View their other companies + combined net worth →
GAMMIE, John Thomas→
Resignedsecretary · resigned 1992-11-10
CASEY, Gerald→
Resigneddirector · ~69y · resigned 2025-12-01
GAMMIE, Jack Thompson→
Resigneddirector · ~83y · resigned 2017-04-25
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Assignation | 1 property | 01/04/1985 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Assignation | 1 property | 01/04/1985 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 22/03/1985 | 15/12/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (105 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-14
change-person-director-company-with-change-date
officers · CH01
2026-01-06
change-person-director-company-with-change-date
officers · CH01
2025-12-16
appoint-person-director-company-with-name-date
officers · AP01
2025-12-05
termination-director-company-with-name-termination-date
officers · TM01
2025-12-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-11-12
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-12-15