WELLHEAD ELECTRICAL SUPPLIES LIMITED
- · Oldest live charge 36.1y old — refinance window within 12 months
Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 73). 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 (65/100).
Refinance opportunity
1 live charge · oldest 36.1y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 36.1 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.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 →Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 15 | 1800 |
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
Corporate timeline (28 events)Click to expand
- 2025-09-23📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-23📄accounts-with-accounts-type-smallaccounts · AA
- 2024-04-08📄auditors-resignation-companyauditors · AUD
- 2023-09-21📄accounts-with-accounts-type-smallaccounts · AA
- 2022-09-22📄accounts-with-accounts-type-smallaccounts · AA
- 2021-09-24📄accounts-with-accounts-type-smallaccounts · AA
- 2020-09-25📄accounts-with-accounts-type-smallaccounts · AA
- 2020-03-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-09-24📄accounts-with-accounts-type-smallaccounts · AA
- 2019-04-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-03-21➕RAE, Robert Stanley appointeddirector
- 2019-03-21➖RAE, Robert Stanley resigneddirector
- 2018-09-18📄accounts-with-accounts-type-fullaccounts · AA
- 2018-02-12📄miscellaneousmiscellaneous · MISC
- 2018-02-12📄auditors-resignation-companyauditors · AUD
- 2017-09-26📄accounts-with-accounts-type-fullaccounts · AA
- 2016-09-20📄accounts-with-accounts-type-fullaccounts · AA
- 2016-06-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-01-24➖BATTENSBY, Brian resigneddirector
- 2008-12-31➖RUANE, Richard James resigneddirector
- 1990-09-17➕RUANE, Richard James appointeddirector
- 1990-03-31🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1990-03-28➕OGG, Charles appointedsecretary
- 1990-03-28➕OGG, Charles appointeddirector
- 1990-03-28➕RASTALL, Gregor John appointeddirector
- 1990-03-28➕BATTENSBY, Brian appointeddirector
- 1990-03-28➕RAE, Robert Stanley appointeddirector
- 1990-03-13🏢Company incorporatedAs WELLHEAD ELECTRICAL SUPPLIES LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 36 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
cleanShareholders & ownership
6 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gregor John Rastall Individual · British · DOB 02/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/06/2016 |
Mrs Cathleen Ogg Individual · British · DOB 12/1952 · age 74 | 25–50% | — | 25-50% shares | 12/06/2016 |
Mr Robert Stanley Rae Individual · British · DOB 01/1953 · age 73 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/06/2016 |
Mrs Linda Rae Individual · British · DOB 01/1955 · age 71 | 25–50% | — | 25-50% shares | 12/06/2016 |
Mrs Pamella Denise Rastall Individual · British · DOB 09/1966 · age 60 | 25–50% | — | 25-50% shares | 12/06/2016 |
Mr Charles Ogg Individual · British · DOB 12/1956 · age 70 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (4 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 31/03/1990 | — |