GFM WHITELAW ELECTRICAL LTD

💤Zombieactive
SC474274 · ltd · incorporated 2014-04-03
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
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Turnover
year to Apr 2025
Net worth
£3.9k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: SIC 35130
Sector: Electricity, gas & energy
Investor take
Special-situation opportunity
Distressed energy with salvageable qualities — special-situations priority.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. 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: medium (78/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,886
Net assets shrinking
Down £16,359 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£4k
↓ 81% YoY
Current Assets
£5k
↓ 80% YoY
Current Liabilities
£0£5k£9k£14k£19k£23kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£3.9k£20.2k
Current assets£4.6k£23.3k
Net assets£3.9k£20.2k

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-09-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-10-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2016-05-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2015-04-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-04-03
    🏢
    Company incorporated
    As GFM WHITELAW ELECTRICAL LTD
  15. 2014-04-03
    WHITELAW, George appointed
    director
  16. 2014-04-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

100/100
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 name in company name: Company name contains director surname "WHITELAW" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.

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: 2026-04-17

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr George Whitelaw
Individual · British · DOB 05/1961 · age 65
75100%
75-100% shares03/04/2017

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

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2014-04-03
Jurisdictionscotland
Primary SIC35130 — SIC 35130

Registered office

35 Mountcastle Drive North
Edinburgh
EH8 7SP

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-17OVERDUE
Last: 2025-04-03

Officers (1 active · 0 resigned)

WHITELAW, George
director · ~65y · appointed 2014-04-03
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-06
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2018-10-17