ULLATRONICS LTD

💤Zombieactive

SC162427 · ltd · incorporated 1995-12-29

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

£22.2k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

ALSO REGISTERED FOR

99999SIC 99999

Investor take

Pursue

Dormant / non-trading with a 60-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 70/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 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

4 live charges · oldest 27.7y

45/100

under pressure

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

· Oldest live charge is 27.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

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, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

8 officers (1 active, 8 linked, 4 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

99 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

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 £22,249

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£22k

~ YoY

Current Assets

£22k

~ 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	£22.2k	£22.2k
Current assets	£22.2k	£22.2k
Net assets	£22.2k	£22.2k

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 (35 events)Click to expand

2025-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-26
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-06-20
📄
change-person-director-company-with-change-date
officers · CH01
2017-06-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-06-06
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2016-04-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-03
📄
change-person-director-company-with-change-date
officers · CH01
2016-03-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-12-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-10-21
➖
MOWBRAY, Lesley Helen resigned
secretary
2003-12-23
➕
MOWBRAY, Robert Stephen, Dr appointed
director
2003-12-23
➕
MOWBRAY, Lesley Helen appointed
secretary
2003-12-23
➖
MOWBRAY, Robert Stephen resigned
secretary
2003-01-29
➖
MOWBRAY, Lesley Helen resigned
director
2003-01-29
➖
MOWBRAY, Robert Stephen resigned
director
1999-07-28
🔒
Charge registered #4
Lender: The Royal Bank of Scotland PLC
1999-01-04
➕
MOWBRAY, Lesley Helen appointed
director
1998-10-02
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
1998-10-02
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
1998-09-24
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1996-08-01
➖
MOWBRAY, Lesley Helen resigned
director
1995-12-29
🏢
Company incorporated
As ULLATRONICS LTD
1995-12-29
➕
MOWBRAY, Robert Stephen appointed
secretary
1995-12-29
➕
FIRST SCOTTISH SECRETARIES LIMITED appointed
corporate-nominee-secretary
1995-12-29
➖
FIRST SCOTTISH SECRETARIES LIMITED resigned
corporate-nominee-secretary
1995-12-29
➕
MOWBRAY, Lesley Helen appointed
director
1995-12-29
➕
MOWBRAY, Robert Stephen appointed
director
1995-12-29
➕
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointed
corporate-nominee-director
1995-12-29
➖
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resigned
corporate-nominee-director

Owner dependency

93/100

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.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 30 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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Dr Robert Stephen Mowbray Individual · British · DOB 09/1966 · age 60	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	22/12/2016

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 · Holding company · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
STEELWORK & CLADDING LIMITED→ SC226331 · est 2001	£2.41M £2.05M–£2.77M	—	£2.41M	—	24y	82	58y
RUSSELL HOLDINGS LIMITED→ SC179461 · est 1997	£1.75M £1.49M–£2.02M	—	£1.75M	—	28y	82	61y
ALLARBURN HOLDINGS LIMITED→ SC033837 · est 1959	£737.4k £626.8k–£848.0k	—	£737.4k	—	67y	78	66y
AUCHMORE POWER LTD→ SC406866 · est 2011	£731.1k £621.4k–£840.7k	—	£731.1k	—	14y	79	70y
AUCHMORE ENERGY LTD→ SC406865 · est 2011	£300.8k £255.7k–£346.0k	—	£300.8k	—	14y	80	61y
NEWBIE HOLDINGS LIMITED→ SC434916 · est 2012	£37.5k £31.9k–£43.1k	—	£37.5k	—	13y	79	77y
CARLTON BINGO LIMITED→ SC267599 · est 2004 · no financials extracted	—	—	—	—	22y	83	73y
CARLTON GAMING LIMITED→ SC223000 · est 2001 · no financials extracted	—	—	—	—	24y	83	73y
GAEL FORCE AQUAHOMES LTD→ SC231902 · est 2002	—	—	—	—	24y	82	62y
MIDDLETON, ROSS & ARNOT (TRUSTEES) LIMITED→ SC193332 · est 1999	—	—	—	—	27y	81	75y
SEA SKYE LIMITED→ SC300936 · est 2006	—	—	—	—	20y	81	62y
A E S SOLAR LTD.→ SC249497 · est 2003	—	—	—	—	23y	80	85y

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

🔒Tailored diligence questions

8 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

Incorporated1995-12-29

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

65 St. Valery Place

Ullapool

IV26 2TD

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-05

Last: 2025-12-22

Officers (1 active · 7 resigned)

MOWBRAY, Robert Stephen, Dr→

director · ~60y · appointed 2003-12-23

View their other companies + combined net worth →

Active

MOWBRAY, Lesley Helen→

secretary · appointed 2003-12-23 · resigned 2009-10-21

Resigned

MOWBRAY, Robert Stephen→

secretary · appointed 1995-12-29 · resigned 2003-12-23

Resigned

FIRST SCOTTISH SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 1995-12-29 · resigned 1995-12-29

Resigned

MOWBRAY, Lesley Helen→

director · ~61y · appointed 1999-01-04 · resigned 2003-01-29

Resigned

MOWBRAY, Lesley Helen→

director · ~61y · appointed 1995-12-29 · resigned 1996-08-01

Resigned

MOWBRAY, Robert Stephen→

director · ~60y · appointed 1995-12-29 · resigned 2003-01-29

Resigned

FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→

corporate-nominee-director · appointed 1995-12-29 · resigned 1995-12-29

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	28/07/1999	—
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	02/10/1998	—
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	02/10/1998	—
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	24/09/1998	—

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