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.

Why now

Window opening · high confidence

More negotiable than before — 3 signals weakening over the last 30 days.

· Hygiene score: 90 → 70
· Opportunity score: 78 → 69
· Bankability: 75 → 65
· Distress / opportunity: avoid → attractive

Opportunity decay

softening · 6-months

Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.

· 3 recent signals weakening vs 0 strengthening

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

↓Opportunity score: 78 → 69
↓Hygiene score: 90 → 70
↓Bankability: 75 → 65
·Distress / opportunity: avoid → attractive

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£2

book net assets

Opportunity

69/100

Strong

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

What this business does

Primary activity: SIC 99999

Sector: Extraterritorial bodies

Investor take

Special-situation opportunity

Distressed other with salvageable qualities — special-situations priority.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 80). Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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

Lenders & charges

Confirmed no charges registered

Directors & officers

9 officers (1 active, 9 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

10 connected companies via shared directors

Filing history

60 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

69/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-06-30	2024-06-30
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

filing

• 1 dissolution

Last 90 days

filing

• 1 dissolution

Last 180 days

filing

• 1 dissolution

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2026-06-19
📄
dissolution-application-strike-off-company
dissolution · DS01
2025-12-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-04-11
➖
MEADE, Carol resigned
director
2019-01-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-06-21
📄
change-person-director-company-with-change-date
officers · CH01
2018-06-21
📄
change-person-director-company-with-change-date
officers · CH01
2017-12-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-03-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-07-06
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-02-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2014-07-29
➕
GORDON, David appointed
director
2014-05-06
➖
GILBERT, Stephen John resigned
director
2013-08-20
➖
GORDON, David resigned
director
2013-08-20
➕
MEADE, Carol appointed
director
2011-07-02
➖
HAMILTON, James resigned
director
2011-07-01
➕
GILBERT, Stephen John appointed
director
2011-07-01
➕
GORDON, David appointed
director
2009-09-22
➖
BRENNAN, Anne resigned
secretary
2007-06-18
🏢
Company incorporated
As OWN ENERGY CONTRACTS LTD
2007-06-18
➕
BRENNAN, Anne appointed
secretary
2007-06-18
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2007-06-18
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2007-06-18
➕
HAMILTON, James appointed
director
2007-06-18
➕
BRIAN REID LTD. appointed
corporate-nominee-director
2007-06-18
➖
BRIAN REID LTD. resigned
corporate-nominee-director
2007-06-18
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
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

85/100

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.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-29

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr David Gordon Individual · British · DOB 06/1946 · age 80	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 →

Similar companies

Active · Other · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LOCH EARN DEVELOPMENT COMPANY LTD→ SC018491 · est 1935	—	—	£17.6k	—	91y	83	69y
STRUTHERS MEMORIAL CHURCH→ SC335480 · est 2007 · no financials extracted	—	—	—	—	18y	83	66y
AN TAIRBEART LIMITED→ SC139476 · est 1992	—	—	£946.0k	—	33y	82	94y
CHURCHILL (SCOTLAND) PROPERTIES LIMITED→ SC202429 · est 1999	—	—	£5.1k	—	26y	82	74y
R & C MURRAY LIMITED→ SC368915 · est 2009	—	—	£23.0k	—	16y	82	73y
SPEY BAY TRADING COMPANY LTD.→ SC180155 · est 1997	—	—	£5.4k	—	28y	82	73y
ARDRISHAIG COMMUNITY TRUST→ SC344641 · est 2008	—	—	—	900	18y	81	81y
ASSOCIATION OF CONSTRUCTION ATTORNEYS→ SC344543 · est 2008	—	—	£2.4k	—	18y	81	75y
BARCALDINE COMMUNITY ASSOCIATION→ SC295774 · est 2006 · no financials extracted	—	—	—	—	20y	81	77y
BENMORE AND KILMUN COMMUNITY DEVELOPMENT TRUST→ SC254743 · est 2003	—	—	£3.5k	—	22y	81	76y
METER EYE LTD→ SC294491 · est 2005	—	—	£30	—	20y	81	76y
PORT ELLEN HARBOUR ASSOCIATION LIMITED→ SC222764 · est 2001 · no financials extracted	—	—	—	—	24y	81	70y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

9 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: 2026-06-29OVERDUE

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.