UNIVERSAL ENERGY (SCOTLAND) LIMITED

🌳Matureactive
SC363027 · ltd · incorporated 2009-07-24
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 14.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£407.3k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
  • 35120SIC 35120
  • 43290Other construction installation
  • 46730SIC 46730
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 14.9y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 14.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £407,306

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£407k
↑ 5.5% YoY
Current Assets
£38k
↓ 88% YoY
Current Liabilities
—
£0£81k£163k£244k£326k£407kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£407.3k£386.2k
Current assets£37.8k£327.2k
Debtors£37.8k—
Net assets£407.3k£386.2k

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
1
filing
  • • 1 accounts
Last 90 days
3
filings
  • • 1 accounts
  • • 1 officers
  • • 1 confirmation-statement
Last 180 days
3
filings
  • • 1 accounts
  • • 1 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-05-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-04-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-04-17
    ➕
    GIBSON, Colin Mathieson appointed
    director
  4. 2025-02-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-11-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-11-19
    📄
    capital-allotment-shares
    capital · SH01
  7. 2024-10-18
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  8. 2024-10-17
    ➕
    GIBSON, Colin Mathieson appointed
    secretary
  9. 2023-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-03-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-04-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2018-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2011-06-13
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  18. 2009-07-24
    🏢
    Company incorporated
    As UNIVERSAL ENERGY (SCOTLAND) LIMITED
  19. 2009-07-24
    ➕
    WALLACE, Mervyn J 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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • 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.)

Group structure

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

🏛️
Wallace Energy Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
UNIVERSAL ENERGY (SCOTLAND) LIMITED
This company · SC363027

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Wallace Energy Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control31/03/2019
Mr Mervyn J Wallace
Individual · British · DOB 10/1959 · age 67
75–100%
—75-100% shares06/04/2016

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

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£75.8k
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——30012y7956y
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———20019y8359y
DIVERSE INVESTMENTS SCOTLAND LTD→
SC311596 · est 2006
——£3.15M—19y8362y
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SC350406 · est 2008
——£65.9k—17y8262y
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——£192.8k—42y8267y
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——£768.6k—23y8259y
RICHARDSON OILS UNLIMITED→
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————23y8161y
ALBEC METAL COMPANY LIMITED→
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————25y8065y
AQUA PROJECTS LIMITED→
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——£27.5k—23y8065y
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SC430889 · est 2012
——£961.9k—13y8062y
AUTORECYCLING LIMITED→
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————30y8065y
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
Incorporated2009-07-24
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

11 Broomknoll Street
Airdrie
ML6 6BN
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-22
Last: 2026-02-08

Officers (3 active · 0 resigned)

GIBSON, Colin Mathieson→
secretary · appointed 2024-10-17
View their other companies + combined net worth →
Active
GIBSON, Colin Mathieson→
director · ~64y · appointed 2026-04-17
View their other companies + combined net worth →
Active
WALLACE, Mervyn J→
director · ~67y · appointed 2009-07-24
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Floating charge1 property13/06/2011—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (44 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-01
appoint-person-director-company-with-name-date
officers · AP01
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-19
capital-allotment-shares
capital · SH01
2024-11-19
appoint-person-secretary-company-with-name-date
officers · AP03
2024-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23