SMART ELECTRICITY LIMITED

💤Zombieactive
SC281468 · ltd · incorporated 2005-03-11
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 Jul 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 35140
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
3
filings
  • • 1 confirmation-statement
  • • 1 accounts
  • • 1 address
Last 90 days
3
filings
  • • 1 confirmation-statement
  • • 1 accounts
  • • 1 address
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 accounts
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-04-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2026-04-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-04-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-02-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-05-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-03-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-06-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-04-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-08-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-08-01
    ➖
    PRYOR, Spencer Hugh resigned
    director
  11. 2020-05-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-04-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2020-04-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2020-04-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2020-04-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-04-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2020-04-23
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  18. 2020-04-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2020-04-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2020-04-14
    ➕
    PRYOR, Spencer appointed
    secretary
  21. 2020-04-14
    ➕
    LIVERMORE, Stephen appointed
    director
  22. 2020-04-14
    ➖
    ALLEN, Karen resigned
    secretary
  23. 2020-04-14
    ➖
    ALLEN, Karen resigned
    director
  24. 2020-04-14
    ➖
    ALLEN, Mark Campbell resigned
    director
  25. 2020-04-14
    ➕
    PRYOR, Spencer Hugh appointed
    director
  26. 2011-12-31
    ➕
    ALLEN, Karen appointed
    director
  27. 2011-12-15
    ➖
    PRYOR, Spencer Hugh resigned
    director
  28. 2011-09-12
    ➕
    PRYOR, Spencer Hugh appointed
    director
  29. 2011-07-31
    ➖
    JOHNSTONE, David Grant resigned
    director
  30. 2005-03-11
    🏢
    Company incorporated
    As SMART ELECTRICITY LIMITED
  31. 2005-03-11
    ➕
    ALLEN, Karen appointed
    secretary
  32. 2005-03-11
    ➕
    ALLEN, Mark Campbell appointed
    director
  33. 2005-03-11
    ➕
    JOHNSTONE, David Grant appointed
    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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Fortrus Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Fortrus Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
SMART ELECTRICITY LIMITED
This company · SC281468

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%
NameSharesVoting rightsNature of controlNotified
Fortrus Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/01/2020
1 historic (ceased) PSC
  • Mr Mark Campbell Allenceased 01/01/2020· significant influence

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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——028y8259y
BAILLIE WINDFARM LIMITED→
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————22y8371y
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————10y——
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
Incorporated2005-03-11
Jurisdictionscotland
Primary SIC35140 — SIC 35140

Registered office

15 Ardbeg Avenue
Rutherglen
Glasgow
G73 5NF
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08

Officers (2 active · 6 resigned)

PRYOR, Spencer→
secretary · appointed 2020-04-14
View their other companies + combined net worth →
Active
LIVERMORE, Stephen→
director · ~61y · appointed 2020-04-14
View their other companies + combined net worth →
Active
ALLEN, Karen→
secretary · appointed 2005-03-11 · resigned 2020-04-14
Resigned
ALLEN, Karen→
director · ~64y · appointed 2011-12-31 · resigned 2020-04-14
Resigned
ALLEN, Mark Campbell→
director · ~65y · appointed 2005-03-11 · resigned 2020-04-14
Resigned
JOHNSTONE, David Grant→
director · ~64y · appointed 2005-03-11 · resigned 2011-07-31
Resigned
PRYOR, Spencer Hugh→
director · ~69y · appointed 2020-04-14 · resigned 2020-08-01
Resigned
PRYOR, Spencer Hugh→
director · ~69y · appointed 2011-09-12 · resigned 2011-12-15
Resigned

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

Recent filings (66 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-28
accounts-with-accounts-type-dormant
accounts · AA
2026-04-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-27
accounts-with-accounts-type-dormant
accounts · AA
2025-04-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-09
accounts-with-accounts-type-dormant
accounts · AA
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-dormant
accounts · AA
2023-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-12
accounts-with-accounts-type-dormant
accounts · AA
2022-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-29
accounts-with-accounts-type-dormant
accounts · AA
2021-04-29
termination-director-company-with-name-termination-date
officers · TM01
2020-08-13