ELECTRO-TEK (SCOTLAND) LIMITED

🌳Matureactive
SC393153 · ltd · incorporated 2011-02-09
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£657.7k
book net assets
Opportunity
76/100
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 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
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 £657,732
Cash YoY
+89%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£594k
↑ 89% YoY
Net Worth
£658k
↑ 17% YoY
Current Assets
£812k
↑ 11% YoY
Current Liabilities
£0£162k£325k£487k£649k£812kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£657.7k£562.0k
Current assets£811.6k£729.0k
Cash£593.7k£313.4k
Debtors£218.0k£415.6k
Net assets£657.7k£562.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-12-11
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-12-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-12-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-12-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2020-12-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2019-12-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2018-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2017-12-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2016-12-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-03-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-03-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-12-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-03-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2011-02-09
    🏢
    Company incorporated
    As ELECTRO-TEK (SCOTLAND) LIMITED
  17. 2011-02-09
    SOUDEN, David Warren appointed
    director
  18. 2011-02-09
    SOUDEN, Lisa appointed
    director
  19. 2011-02-09
    BRIAN REID LTD. appointed
    corporate-secretary
  20. 2011-02-09
    BRIAN REID LTD. resigned
    corporate-secretary
  21. 2011-02-09
    MABBOTT, Stephen George appointed
    director
  22. 2011-02-09
    MABBOTT, Stephen George resigned
    director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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 15 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Lisa Souden
Individual · British · DOB 08/1972 · age 54
2550%
25-50% shares01/01/2017
Mr David Warren Souden
Individual · British · DOB 07/1972 · age 54
2550%
25-50% shares01/01/2017

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

6 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
Incorporated2011-02-09
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

Orchard Grove Annexe
Kinellar
Aberdeen
AB21 0RZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09

Officers (2 active · 2 resigned)

SOUDEN, David Warren
director · ~54y · appointed 2011-02-09
View their other companies + combined net worth →
Active
SOUDEN, Lisa
director · ~54y · appointed 2011-02-09
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-secretary · appointed 2011-02-09 · resigned 2011-02-09
Resigned
MABBOTT, Stephen George
director · ~76y · appointed 2011-02-09 · resigned 2011-02-09
Resigned

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

Recent filings (35 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-11