OWN ENERGY CONTRACTS LTD

💤Zombieactive
SC325649 · ltd · incorporated 2007-06-18
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 Jun 2025
Net worth
£2
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Asset-holding vehicle with a 80-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 80). 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 (81/100)

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
9 officers (1 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £2

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2
~ YoY
Current Assets
£2
~ YoY
Current Liabilities
£0£0£1£1£2£2Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£2£2
Current assets£2£2
Net assets£2£2

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 (34 events)Click to expand
  1. 2025-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-01-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-02-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-01-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-05-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2019-04-11
    MEADE, Carol resigned
    director
  10. 2019-01-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-06-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2018-06-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2017-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-03-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-07-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-02-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2015-07-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-07-29
    GORDON, David appointed
    director
  19. 2014-05-06
    GILBERT, Stephen John resigned
    director
  20. 2013-08-20
    GORDON, David resigned
    director
  21. 2013-08-20
    MEADE, Carol appointed
    director
  22. 2011-07-02
    HAMILTON, James resigned
    director
  23. 2011-07-01
    GILBERT, Stephen John appointed
    director
  24. 2011-07-01
    GORDON, David appointed
    director
  25. 2009-09-22
    BRENNAN, Anne resigned
    secretary
  26. 2007-06-18
    🏢
    Company incorporated
    As OWN ENERGY CONTRACTS LTD
  27. 2007-06-18
    BRENNAN, Anne appointed
    secretary
  28. 2007-06-18
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  29. 2007-06-18
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  30. 2007-06-18
    HAMILTON, James appointed
    director
  31. 2007-06-18
    BRIAN REID LTD. appointed
    corporate-nominee-director
  32. 2007-06-18
    BRIAN REID LTD. resigned
    corporate-nominee-director
  33. 2007-06-18
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  34. 2007-06-18
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

90/100
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 age: Director aged approximately 80 — succession pressure is live.

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 80 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 19 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 David Gordon
Individual · British · DOB 06/1946 · age 80
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
Incorporated2007-06-18
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

9 Glasgow Road
Paisley
PA1 3QS

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-29
Last: 2025-06-15

Officers (1 active · 8 resigned)

GORDON, David
director · ~80y · appointed 2014-07-29
View their other companies + combined net worth →
Active
BRENNAN, Anne
secretary · appointed 2007-06-18 · resigned 2009-09-22
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2007-06-18 · resigned 2007-06-18
Resigned
GILBERT, Stephen John
director · ~55y · appointed 2011-07-01 · resigned 2014-05-06
Resigned
GORDON, David
director · ~80y · appointed 2011-07-01 · resigned 2013-08-20
Resigned
HAMILTON, James
director · ~76y · appointed 2007-06-18 · resigned 2011-07-02
Resigned
MEADE, Carol
director · ~74y · appointed 2013-08-20 · resigned 2019-04-11
Resigned
BRIAN REID LTD.
corporate-nominee-director · appointed 2007-06-18 · resigned 2007-06-18
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2007-06-18 · resigned 2007-06-18
Resigned

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

Recent filings (59 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-24
termination-director-company-with-name-termination-date
officers · TM01
2019-05-17