ENERGY SOURCE (UK) LTD

💤Zombieactive
SC382716 · ltd · incorporated 2010-07-28
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 Jul 2024
Net worth
£30.2k
book net assets
Opportunity
78/100
Strong
🔔
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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 78/100 (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 (73/100).

Data confidence

Overall: medium (77/100)

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
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 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 102
Positive net assets
Net assets £30,248
Cash YoY
+168%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£89k
↑ 168% YoY
Net Worth
£30k
↑ 289% YoY
Current Assets
£113k
↑ 155% YoY
Current Liabilities
—
£0£23k£45k£68k£91k£113kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31
Total assets£30.2k£7.8k
Current assets£113.2k£44.4k
Cash£89.0k£33.3k
Debtors£24.1k£8.9k
Net assets£30.2k£7.8k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2024-11-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-11-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2024-11-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-10-31
    ➖
    MAUN, Ian David resigned
    director
  5. 2024-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-04-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2019-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2018-05-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-04-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-07-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2016-04-30
    ➖
    BAKER, Alan Barclay resigned
    director
  15. 2016-04-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-08-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-08-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2015-04-30
    ➕
    WIGHT, Michael David appointed
    secretary
  19. 2013-09-24
    ➖
    MCLEAN, Mark resigned
    director
  20. 2013-09-24
    ➖
    WALKER, William Malcolm resigned
    director
  21. 2013-08-28
    ➕
    WIGHT, Michael David appointed
    director
  22. 2013-08-28
    ➕
    BAKER, Alan Barclay appointed
    director
  23. 2013-08-28
    ➕
    MCLEAN, Mark appointed
    director
  24. 2013-08-28
    ➕
    WALKER, William Malcolm appointed
    director
  25. 2010-07-28
    🏢
    Company incorporated
    As ENERGY SOURCE (UK) LTD
  26. 2010-07-28
    ➕
    MAUN, Ian David 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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.
  • secondaryStable-but-static management: Company is 16 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 Michael David Wight
Individual · British · DOB 09/1968 · age 58
25–50%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence06/04/2016
1 historic (ceased) PSC
  • Mr Ian David Maunceased 31/10/2024· 25-50% shares · 25-50% voting · significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2010-07-28
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

Liberty House 15 Cromarty Campus
Barham Road
Rosyth
Fife
KY11 2YB

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-11
Last: 2025-07-28

Officers (2 active · 4 resigned)

WIGHT, Michael David→
secretary · appointed 2015-04-30
View their other companies + combined net worth →
Active
WIGHT, Michael David→
director · ~58y · appointed 2013-08-28
View their other companies + combined net worth →
Active
BAKER, Alan Barclay→
director · ~70y · appointed 2013-08-28 · resigned 2016-04-30
Resigned
MAUN, Ian David→
director · ~68y · appointed 2010-07-28 · resigned 2024-10-31
Resigned
MCLEAN, Mark→
director · ~41y · appointed 2013-08-28 · resigned 2013-09-24
Resigned
WALKER, William Malcolm→
director · ~80y · appointed 2013-08-28 · resigned 2013-09-24
Resigned

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

Recent filings (46 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-11
termination-director-company-with-name-termination-date
officers · TM01
2024-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-08