HAMILTON ELECTRICAL LTD.

💤Zombieactive
SC252062 · ltd · incorporated 2003-07-01
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 2024
Net worth
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 77). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 22.7y

45/100
under pressure

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

  • · Oldest live charge is 22.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (71/100)

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
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
60 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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-31

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-12-30
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  2. 2024-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-04-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2022-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-12-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-03-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2016-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-10-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-07-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-12-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-10-20
    HAMILTON, Jacqueline resigned
    secretary
  17. 2011-10-20
    HAMILTON, Jacqueline resigned
    director
  18. 2011-05-01
    HAMILTON, Jacqueline appointed
    secretary
  19. 2011-05-01
    HAMILTON, Thomas resigned
    secretary
  20. 2003-08-22
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 2003-07-01
    🏢
    Company incorporated
    As HAMILTON ELECTRICAL LTD.
  22. 2003-07-01
    HAMILTON, Thomas appointed
    director
  23. 2003-07-01
    HAMILTON, Thomas appointed
    secretary
  24. 2003-07-01
    ACS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  25. 2003-07-01
    ACS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  26. 2003-07-01
    HAMILTON, Jacqueline appointed
    director
  27. 2003-07-01
    ACS NOMINEES LIMITED appointed
    corporate-nominee-director
  28. 2003-07-01
    ACS NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "HAMILTON" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

100/100
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 77 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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%
NameSharesVoting rightsNature of controlNotified
Mr Thomas Hamilton
Individual · British · DOB 02/1949 · age 77
75100%
75–100%board control75-100% shares · 75-100% 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
Incorporated2003-07-01
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

11 Robshill Court
Caplerigg Road
Newton Mearns
Glasgow
G77 6UG

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01

Officers (1 active · 5 resigned)

HAMILTON, Thomas
director · ~77y · appointed 2003-07-01
View their other companies + combined net worth →
Active
HAMILTON, Jacqueline
secretary · appointed 2011-05-01 · resigned 2011-10-20
Resigned
HAMILTON, Thomas
secretary · appointed 2003-07-01 · resigned 2011-05-01
Resigned
ACS SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2003-07-01 · resigned 2003-07-01
Resigned
HAMILTON, Jacqueline
director · ~63y · appointed 2003-07-01 · resigned 2011-10-20
Resigned
ACS NOMINEES LIMITED
corporate-nominee-director · appointed 2003-07-01 · resigned 2003-07-01
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 Royal Bank of Scotland PLC
Bond & floating charge1 property22/08/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (60 total)

change-account-reference-date-company-previous-extended
accounts · AA01
2025-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-22
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2019-07-06