WELLHEAD ELECTRICAL SUPPLIES LIMITED

🌳Matureactive
SC123707 · ltd · incorporated 1990-03-13
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 36.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 46760
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

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

65/100
clean up first

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.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 6 with DOB)
87
Ownership & PSC
6 active PSC(s) of 6 total, 6 with control declared
90
Director network
Network not yet resolved
30
Filing history
130 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
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees151800

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-09-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-09-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-04-08
    📄
    auditors-resignation-company
    auditors · AUD
  4. 2023-09-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2022-09-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2021-09-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2020-09-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2020-03-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2019-09-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2019-04-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2019-03-21
    RAE, Robert Stanley appointed
    director
  12. 2019-03-21
    RAE, Robert Stanley resigned
    director
  13. 2018-09-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2018-02-12
    📄
    miscellaneous
    miscellaneous · MISC
  15. 2018-02-12
    📄
    auditors-resignation-company
    auditors · AUD
  16. 2017-09-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2016-09-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2016-06-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2011-01-24
    BATTENSBY, Brian resigned
    director
  20. 2008-12-31
    RUANE, Richard James resigned
    director
  21. 1990-09-17
    RUANE, Richard James appointed
    director
  22. 1990-03-31
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  23. 1990-03-28
    OGG, Charles appointed
    secretary
  24. 1990-03-28
    OGG, Charles appointed
    director
  25. 1990-03-28
    RASTALL, Gregor John appointed
    director
  26. 1990-03-28
    BATTENSBY, Brian appointed
    director
  27. 1990-03-28
    RAE, Robert Stanley appointed
    director
  28. 1990-03-13
    🏢
    Company incorporated
    As WELLHEAD ELECTRICAL SUPPLIES LIMITED

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +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

90/100
Likely off-market candidate

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

SIGNALS
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

6 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mr Gregor John Rastall
Individual · British · DOB 02/1964 · age 62
2550%
25–50%25-50% shares · 25-50% voting12/06/2016
Mrs Cathleen Ogg
Individual · British · DOB 12/1952 · age 74
2550%
25-50% shares12/06/2016
Mr Robert Stanley Rae
Individual · British · DOB 01/1953 · age 73
2550%
25–50%25-50% shares · 25-50% voting12/06/2016
Mrs Linda Rae
Individual · British · DOB 01/1955 · age 71
2550%
25-50% shares12/06/2016
Mrs Pamella Denise Rastall
Individual · British · DOB 09/1966 · age 60
2550%
25-50% shares12/06/2016
Mr Charles Ogg
Individual · British · DOB 12/1956 · age 70
2550%
25–50%25-50% shares · 25-50% voting12/06/2016

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

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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 →
🔒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
Incorporated1990-03-13
Jurisdictionscotland
Primary SIC46760 — SIC 46760

Registered office

Unit 4 D
Wellheads Crescent
Dyce Industrial Park
Dyce, Aberdeen
AB21 7GA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-25
Last: 2025-06-11

Officers (4 active · 3 resigned)

OGG, Charles
secretary · appointed 1990-03-28
View their other companies + combined net worth →
Active
OGG, Charles
director · ~70y · appointed 1990-03-28
View their other companies + combined net worth →
Active
RAE, Robert Stanley
director · ~73y · appointed 2019-03-21
View their other companies + combined net worth →
Active
RASTALL, Gregor John
director · ~62y · appointed 1990-03-28
View their other companies + combined net worth →
Active
BATTENSBY, Brian
director · ~66y · appointed 1990-03-28 · resigned 2011-01-24
Resigned
RAE, Robert Stanley
director · ~73y · appointed 1990-03-28 · resigned 2019-03-21
Resigned
RUANE, Richard James
director · ~85y · appointed 1990-09-17 · resigned 2008-12-31
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property31/03/1990
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (130 total)

accounts-with-accounts-type-small
accounts · AA
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-25
accounts-with-accounts-type-small
accounts · AA
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-13
auditors-resignation-company
auditors · AUD
2024-04-08
accounts-with-accounts-type-small
accounts · AA
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
accounts-with-accounts-type-small
accounts · AA
2022-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-22
accounts-with-accounts-type-small
accounts · AA
2021-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-11
accounts-with-accounts-type-small
accounts · AA
2020-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-17
appoint-person-director-company-with-name-date
officers · AP01
2020-03-12
accounts-with-accounts-type-small
accounts · AA
2019-09-24