XL ELECTRICAL CONTRACTORS (UK) LTD

🌳Matureactive
SC298588 · ltd · incorporated 2006-03-10
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 May 2025
Net worth
£119.1k
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 33200
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
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
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £119,147

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£119k
↑ 33% YoY
Current Assets
£255k
↑ 26% YoY
Current Liabilities
—
£0£51k£102k£153k£204k£255kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£119.1k£89.4k
Current assets£254.7k£202.1k
Net assets£119.1k£89.4k

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2016-03-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2015-03-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2014-03-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-05-29
    ➕
    BROWNLOW, Jon Paul appointed
    secretary
  17. 2013-05-29
    ➕
    BROWNLOW, Vincent appointed
    director
  18. 2013-05-29
    ➖
    BROWNLOW, William Raymond resigned
    secretary
  19. 2013-05-29
    ➖
    BROWNLOW, William Raymond resigned
    director
  20. 2006-03-10
    🏢
    Company incorporated
    As XL ELECTRICAL CONTRACTORS (UK) LTD
  21. 2006-03-10
    ➕
    BROWNLOW, Jon Paul appointed
    director
  22. 2006-03-10
    ➕
    BROWNLOW, William Raymond appointed
    secretary
  23. 2006-03-10
    ➕
    BROWNLOW, William Raymond appointed
    director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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
NameSharesVoting rightsNature of controlNotified
Mr Vincent Brownlow
Individual · British · DOB 10/1978 · age 48
25–50%
—25-50% shares10/03/2017

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 · Manufacturing · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DIESELEC THISTLE GENERATORS LIMITED→
SC269766 · est 2004
£7.66M
£5.96M–£9.37M
——1030021y8458y
CALEDONIAN PLYWOOD COMPANY LTD.→
SC195444 · est 1999
£6.46M
£5.02M–£7.89M
——810027y8572y
KELVINSIDE ELECTRONICS LIMITED→
SC105407 · est 1987
£4.29M
£3.33M–£5.24M
——610038y8465y
PCT GROUP SALES LIMITED→
SC075642 · est 1981
£3.56M
£2.77M–£4.35M
——7744y8583y
PROMAT BD LIMITED→
SC208370 · est 2000
£3.41M
£2.65M–£4.17M
——850025y8770y
INDEPENDENT GLASS COMPANY LIMITED→
SC107294 · est 1987
£2.83M
£2.20M–£3.46M
——2180038y8579y
THOMAS TUNNOCK LIMITED→
SC028747 · est 1952
£2.26M
£1.76M–£2.76M
——65374y8593y
SAMTEC (EUROPE) LIMITED→
SC096674 · est 1986
£1.51M
£1.17M–£1.84M
——270040y8565y
WALKI LIMITED→
SC014320 · est 1926
£439.3k
£341.7k–£536.9k
——3599y9461y
LINIAN SUPPLY CO. LIMITED→
SC246119 · est 2003
———140023y8866y
WILLIAMS WINDOW FABRICATION LIMITED→
SC163160 · est 1996 · no financials extracted
————30y——
WYLIE-REDMAN (MOULDS) LIMITED→
SC037222 · est 1962 · no financials extracted
————64y——
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
Incorporated2006-03-10
Jurisdictionscotland
Primary SIC33200 — SIC 33200

Registered office

11 Napier Way
Cumbernauld
Glasgow
Lanarkshire
G68 0EH

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-03-24
Last: 2026-03-10

Officers (3 active · 2 resigned)

BROWNLOW, Jon Paul→
secretary · appointed 2013-05-29
View their other companies + combined net worth →
Active
BROWNLOW, Jon Paul→
director · ~52y · appointed 2006-03-10
View their other companies + combined net worth →
Active
BROWNLOW, Vincent→
director · ~48y · appointed 2013-05-29
View their other companies + combined net worth →
Active
BROWNLOW, William Raymond→
secretary · appointed 2006-03-10 · resigned 2013-05-29
Resigned
BROWNLOW, William Raymond→
director · ~78y · appointed 2006-03-10 · resigned 2013-05-29
Resigned

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

Recent filings (51 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-11