ISLESAT LTD

💤Zombieactive
SC503476 · ltd · incorporated 2015-04-16
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 Mar 2025
Net worth
£16.3k
book net assets
Opportunity
74/100
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 74/100 (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 (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
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
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 105 (micro)
Positive net assets
Net assets £16,289
Net assets shrinking
Down £18,914 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£16k
↓ 54% YoY
Current Assets
£39k
↓ 21% YoY
Current Liabilities
—
£0£10k£20k£29k£39k£49kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£29.8k£35.2k
Current assets£38.7k£49.2k
Net assets£16.3k£35.2k

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 confirmation-statement
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 (25 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-04-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-10-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-10-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-04-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-08-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-08-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2022-08-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2022-07-05
    ➖
    BISHOP, Jacqueline resigned
    secretary
  15. 2022-07-05
    ➖
    BISHOP, Jacqueline Louise resigned
    director
  16. 2021-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-04-13
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2021-02-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2017-11-21
    ➖
    BISHOP, Jacqueline Louise resigned
    director
  21. 2015-04-16
    🏢
    Company incorporated
    As ISLESAT LTD
  22. 2015-04-16
    ➕
    MCGUILL, Jim appointed
    director
  23. 2015-04-16
    ➕
    BISHOP, Jacqueline appointed
    secretary
  24. 2015-04-16
    ➕
    BISHOP, Jacqueline Louise appointed
    director
  25. 2015-04-16
    ➕
    BISHOP, Jacqueline Louise appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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%
NameSharesVoting rightsNature of controlNotified
Jim Mcguill
Individual · British · DOB 07/1972 · age 54
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Jacqueline Louise Bishopceased 05/07/2022· 25-50% shares · 25-50% voting

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
Incorporated2015-04-16
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

43 Crummock Gardens
Beith
Ayrshire
KA15 2HE
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-30
Last: 2026-04-16

Officers (1 active · 3 resigned)

MCGUILL, Jim→
director · ~54y · appointed 2015-04-16
View their other companies + combined net worth →
Active
BISHOP, Jacqueline→
secretary · appointed 2015-04-16 · resigned 2022-07-05
Resigned
BISHOP, Jacqueline Louise→
director · ~52y · appointed 2015-04-16 · resigned 2017-11-21
Resigned
BISHOP, Jacqueline Louise→
director · ~52y · appointed 2015-04-16 · resigned 2022-07-05
Resigned

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

Recent filings (45 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-17
change-person-director-company-with-change-date
officers · CH01
2025-04-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-08
change-person-director-company-with-change-date
officers · CH01
2023-10-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-06
termination-director-company-with-name-termination-date
officers · TM01
2022-08-11