CP ELECTRICAL (ELGIN) LTD.

💤Zombieactive

SC344635 · ltd · incorporated 2008-06-19

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 steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

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 Aug 2025

Net worth

£819.6k

book net assets

Opportunity

75/100

Strong

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

What this business does

Primary activity: Electrical installation

Sector: Construction

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (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 (58/100).

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 (1 active, 4 linked, 1 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

48 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £819,614

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£820k

↑ 5.8% YoY

Current Assets

£863k

↑ 3.9% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-08-31	2024-08-31
Total assets	£819.6k	£775.0k
Current assets	£863.0k	£830.7k
Net assets	£819.6k	£775.0k

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 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-01-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-06-30
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-01-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-08-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-25
📄
accounts-amended-with-accounts-type-total-exemption-small
accounts · AAMD
2016-01-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-02-02
➖
COWIE, Karen resigned
secretary
2008-06-19
🏢
Company incorporated
As CP ELECTRICAL (ELGIN) LTD.
2008-06-19
➕
PATERSON, Craig appointed
director
2008-06-19
➕
COWIE, Karen appointed
secretary
2008-06-19
➕
BRIAN REID LTD. appointed
corporate-secretary
2008-06-19
➖
BRIAN REID LTD. resigned
corporate-secretary
2008-06-19
➕
STEPHEN MABBOTT LTD. appointed
corporate-director
2008-06-19
➖
STEPHEN MABBOTT LTD. resigned
corporate-director

Owner dependency

85/100

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 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100

Strong succession signal

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

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 18 years.
secondaryStable-but-static management: Company is 18 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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Craig Paterson Individual · British · DOB 08/1975 · age 51	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.

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COMPASS BUILDING AND CONSTRUCTION SERVICES LTD→ SC355872 · est 2009	£8.17M £5.83M–£10.50M	—	—	128	17y	82	53y
G & A BARNIE GROUP LIMITED→ SC265415 · est 2004	£5.89M £4.21M–£7.58M	—	—	426	22y	84	68y
HIGHLAND METALS LIMITED→ SC061436 · est 1976	£3.87M £2.77M–£4.98M	—	—	35	49y	88	71y
HIGHLAND DEEPHAVEN LIMITED→ SC050016 · est 1972	£1.97M £1.41M–£2.54M	—	—	4	54y	83	71y
CRANLOCH LIMITED→ SC237023 · est 2002	—	—	£10.4k	—	23y	83	68y
DARROCH & ALLAN (JOINERS & BUILDERS) LIMITED→ SC227618 · est 2002	—	—	£1.07M	—	24y	83	65y
DUNELAND LIMITED→ SC174358 · est 1997	—	—	—	200	29y	83	74y
ERG (SCOTLAND) LIMITED→ SC195590 · est 1999	—	—	—	—	27y	83	59y
HIGHLAND HEATING MANAGEMENT LIMITED→ SC296985 · est 2006	—	—	—	20	20y	83	58y
LEWISTON ARMS LIMITED→ SC319673 · est 2007	—	—	£32.6k	—	19y	83	73y
ST BUILDING SERVICES (FORRES) LIMITED→ SC358458 · est 2009	—	—	—	1000	17y	83	64y
A. DINGWALL LTD.→ SC250022 · est 2003	—	—	£13.5k	—	23y	82	66y

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

Incorporated2008-06-19

Jurisdictionscotland

Primary SIC43210 — Electrical installation

Registered office

1 Burn Place

New Elgin

Morayshire

IV30 6HA

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2027-07-05

Last: 2026-06-21

Officers (1 active · 3 resigned)

PATERSON, Craig→

director · ~51y · appointed 2008-06-19

View their other companies + combined net worth →

Active

COWIE, Karen→

secretary · appointed 2008-06-19 · resigned 2012-02-02

Resigned

BRIAN REID LTD.→

corporate-secretary · appointed 2008-06-19 · resigned 2008-06-19

Resigned

STEPHEN MABBOTT LTD.→

corporate-director · appointed 2008-06-19 · resigned 2008-06-19

Resigned

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