JADELEIGH ELECTRICAL LTD.

💤Zombieactive

SC256903 · ltd · incorporated 2003-10-01

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 Oct 2025

Net worth

£150.6k

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 03110

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Asset-holding vehicle with a 64-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

56 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £150,610

Net assets shrinking

Down £46,759 YoY

Cash YoY

-23%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£152k

↓ 23% YoY

Net Worth

£151k

↓ 24% YoY

Current Assets

£152k

↓ 23% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-10-31	2024-10-31
Total assets	£150.6k	£197.4k
Current assets	£151.7k	£198.1k
Cash	£151.6k	£198.0k
Debtors	£115	£115
Net assets	£150.6k	£197.4k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-04-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-04-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-04-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-04-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2003-11-17
➕
RITCHIE, Audrey appointed
secretary
2003-11-17
➕
RITCHIE, William Reid appointed
director
2003-11-17
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2003-11-17
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director
2003-10-01
🏢
Company incorporated
As JADELEIGH ELECTRICAL LTD.
2003-10-01
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2003-10-01
➕
STEPHEN MABBOTT LTD. appointed
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 64 — approaching natural succession window.

Succession & seller-readiness

95/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
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 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr William Reid Ritchie Individual · British · DOB 01/1962 · age 64	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Audrey Ritchie Individual · British · DOB 11/1967 · age 59	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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

Similar companies

Active · Agriculture · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
JWFB LIMITED→ SC312553 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
K C R C LIMITED→ SC265823 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
KILORAN SHELLFISH LTD→ SC672229 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
KINERMONY LIMITED→ SC024445 · est 1946 · no financials extracted	—	—	—	—	79y	—	—
KIRDANA LTD.→ SC296163 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
KLONDYKE FISHING COMPANY LIMITED→ SC076707 · est 1981 · no financials extracted	—	—	—	—	44y	—	—
LIGHTHOUSE FISHING COMPANY LIMITED→ SC685485 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
M B AQUARIUS LIMITED→ SC259115 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
M G GALL LTD→ SC626199 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
MATTHEW WEST LTD→ SC799344 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
MB BOBENA LIMITED→ SC282138 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
MB3 ESTATES LIMITED→ SC607592 · est 2018 · no financials extracted	—	—	—	—	7y	—	—

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

Incorporated2003-10-01

Jurisdictionscotland

Primary SIC03110 — SIC 03110

Registered office

10 Corsekelly Place

St Combs

Fraserburgh

Aberdeenshire

AB43 8ZS

Filing status

Accounts

Next due: 2027-07-31

Last made up to: 2025-10-31

Confirmation statement

Next due: 2026-09-30

Last: 2025-09-16

Officers (2 active · 2 resigned)

RITCHIE, Audrey→

secretary · appointed 2003-11-17

View their other companies + combined net worth →

Active

RITCHIE, William Reid→

director · ~64y · appointed 2003-11-17

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2003-10-01 · resigned 2003-11-17

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2003-10-01 · resigned 2003-11-17

Resigned

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