LIGHTING ELECTRICAL LIMITED

🌳Matureactive
SC211960 · ltd · incorporated 2000-10-13
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 25.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£227.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Retail sale of electrical household appliances in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 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 · 2 lenders · oldest 25.3y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 25.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 declared
Positive net assets
Net assets £227,477

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£227k
Current Assets
£128k
Current Liabilities
—
£0£45k£91k£136k£182k£227kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31
Total assets£227.5k—
Current assets£128.0k—
Net assets£227.5k—
Average employees—400

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-10-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-08-13
    ➕
    MACLEAN, Angus James appointed
    director
  11. 2018-08-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2018-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-06-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-10-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-06-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2008-10-13
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  18. 2001-08-23
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  19. 2001-03-02
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 2001-01-30
    ➕
    MACLEAN, John appointed
    secretary
  21. 2001-01-30
    ➕
    MACLEAN, Alena appointed
    director
  22. 2001-01-30
    ➕
    MACLEAN, John appointed
    director
  23. 2001-01-30
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  24. 2001-01-30
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  25. 2000-10-13
    🏢
    Company incorporated
    As LIGHTING ELECTRICAL LIMITED
  26. 2000-10-13
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  27. 2000-10-13
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 72 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John Maclean
Individual · British · DOB 12/1954 · age 72
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mrs Alena Maclean
Individual · British · DOB 01/1958 · age 68
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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 →

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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
Incorporated2000-10-13
Jurisdictionscotland
Primary SIC47540 — Retail sale of electrical household appliances in specialised stores

Registered office

4 School Road
Vatisker
Isle Of Lewis
HS2 0JY
Scotland

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02

Officers (4 active · 2 resigned)

MACLEAN, John→
secretary · appointed 2001-01-30
View their other companies + combined net worth →
Active
MACLEAN, Alena→
director · ~68y · appointed 2001-01-30
View their other companies + combined net worth →
Active
MACLEAN, Angus James→
director · ~42y · appointed 2018-08-13
View their other companies + combined net worth →
Active
MACLEAN, John→
director · ~72y · appointed 2001-01-30
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2000-10-13 · resigned 2001-01-30
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2000-10-13 · resigned 2001-01-30
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property13/10/2008—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/08/2001—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property02/03/2001—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-11
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-09
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-23
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-09