EASTERN ELECTRIC (SCOTLAND) LIMITED

🌳Matureactive

SC179534 · ltd · incorporated 1997-10-09

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2025

Net worth

£208.9k

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Electrical installation

Sector: Construction

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (73/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

8 officers (2 active, 8 linked, 5 with DOB)

Ownership & PSC

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

Director network

8 connected companies via shared directors

Filing history

101 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £208,935

Key financials

1 year extracted from filed iXBRL accounts

Cash

£501k

Net Worth

£209k

Current Assets

£725k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-01-31
Total assets	£354.5k
Current assets	£724.9k
Cash	£501.3k
Debtors	£222.1k
Net assets	£208.9k

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

filings

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 1 officers
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2026-03-03
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-07
📄
change-account-reference-date-company-current-extended
accounts · AA01
2025-10-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-20
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-20
📄
change-person-director-company-with-change-date
officers · CH01
2024-12-12
📄
change-person-director-company
officers · CH01
2024-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2024-12-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-10-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-12-07
📄
capital-allotment-shares
capital · SH01
2023-10-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-24
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-14
📄
resolution
resolution · RESOLUTIONS
2022-10-11
📄
resolution
resolution · RESOLUTIONS
2022-09-15
📄
capital-allotment-shares
capital · SH01
2022-09-02
📄
memorandum-articles
incorporation · MA
2022-09-02
📄
resolution
resolution · RESOLUTIONS
2022-06-10
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-06-06
➕
GILLIE, Simon Paul appointed
director
2022-06-06
➕
SUTHERLAND, Paul Joseph appointed
director
2022-06-06
➖
DALRYMPLE, Colin James resigned
director
2021-03-30
➖
PARSONS, Robert resigned
secretary
2021-03-30
➖
PARSONS, Robert resigned
director
1999-07-23
➖
RUICKBIE, John Nicholson resigned
director
1997-10-09
🏢
Company incorporated
As EASTERN ELECTRIC (SCOTLAND) LIMITED
1997-10-09
➕
PARSONS, Robert appointed
secretary
1997-10-09
➕
HIGHSTONE SECRETARIES LIMITED appointed
corporate-nominee-secretary
1997-10-09
➖
HIGHSTONE SECRETARIES LIMITED resigned
corporate-nominee-secretary
1997-10-09
➕
DALRYMPLE, Colin James appointed
director
1997-10-09
➕
PARSONS, Robert appointed
director
1997-10-09
➕
RUICKBIE, John Nicholson appointed
director
1997-10-09
➕
HIGHSTONE DIRECTORS LIMITED appointed
corporate-nominee-director
1997-10-09
➖
HIGHSTONE DIRECTORS LIMITED resigned
corporate-nominee-director

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean

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

Group structure

Spg Group (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Spg Group (Holdings) Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

EASTERN ELECTRIC (SCOTLAND) LIMITED

This company · SC179534

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Spg Group (Holdings) Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/06/2022

1 historic (ceased) PSC

Mr Colin James Dalrympleceased 06/06/2022· 75-100% shares · 75-100% voting · board control

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 · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
EDINBURGH’S FIRST RESPONSE ROOFING LTD→ SC707690 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
EDISTON LIONS LIMITED→ SC546446 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
EIDYN CONTRACTS LTD→ SC728287 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
ELCH DBFM HOLDCO LIMITED→ SC535590 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ELECTRICAL CERTIFICATE SOLUTIONS LTD→ SC840140 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ELFORMA DEVELOPMENTS LIMITED→ SC585884 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
ELTRAX LTD→ SC785355 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
EMAIN ENERGY LTD→ SC756222 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
EMB ABLE SOLUTIONS LTD→ SC878973 · est 2026 · no financials extracted	—	—	—	—	—	—	—
EMBERVAULT GLOBAL LTD→ SC876785 · est 2026 · no financials extracted	—	—	—	—	—	—	—
EMERALD DECORATORS LTD→ SC623745 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
EMERGE SOLUTIONS LTD→ SC836326 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

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

🔒Tailored diligence questions

6 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

Incorporated1997-10-09

Jurisdictionscotland

Primary SIC43210 — Electrical installation

Registered office

7 Straiton View

Straiton

Loanhead

EH20 9QZ

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2026-11-30

Last: 2025-11-16

Officers (2 active · 6 resigned)

GILLIE, Simon Paul→

director · ~47y · appointed 2022-06-06

View their other companies + combined net worth →

Active

SUTHERLAND, Paul Joseph→

director · ~51y · appointed 2022-06-06

View their other companies + combined net worth →

Active

PARSONS, Robert→

secretary · appointed 1997-10-09 · resigned 2021-03-30

Resigned

HIGHSTONE SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 1997-10-09 · resigned 1997-10-09

Resigned

DALRYMPLE, Colin James→

director · ~63y · appointed 1997-10-09 · resigned 2022-06-06

Resigned

PARSONS, Robert→

director · ~70y · appointed 1997-10-09 · resigned 2021-03-30

Resigned

RUICKBIE, John Nicholson→

director · ~81y · appointed 1997-10-09 · resigned 1999-07-23

Resigned

HIGHSTONE DIRECTORS LIMITED→

corporate-nominee-director · appointed 1997-10-09 · resigned 1997-10-09

Resigned

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

Recent filings (101 total)

change-person-director-company-with-change-date

officers · CH01

2026-03-03

confirmation-statement-with-updates

confirmation-statement · CS01

2026-01-06

change-account-reference-date-company-current-extended

accounts · AA01

2025-11-07

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-10-31

change-person-director-company-with-change-date

officers · CH01

2025-08-27

change-person-director-company-with-change-date

officers · CH01

2025-08-20

change-person-director-company-with-change-date

officers · CH01

2025-08-20

change-person-director-company

officers · CH01

2024-12-12

change-person-director-company-with-change-date

officers · CH01

2024-12-12

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2024-12-12

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-10-31

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2024-01-09

confirmation-statement-with-updates

confirmation-statement · CS01

2023-12-07

capital-allotment-shares

capital · SH01

2023-12-07