PUND POWER LIMITED

💤Zombieactive

SC505020 · ltd · incorporated 2015-05-05

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 May 2025

Net worth

—

book net assets

Opportunity

74/100

Strong

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What this business does

Primary activity: Other engineering activities

Sector: Professional, scientific & technical

Investor take

Pursue

Strong opportunity: active trading company 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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (1 active, 5 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

32 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-05-31	2024-05-31
Average employees	2	200

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2026-02-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-01-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-05-10
📄
change-person-director-company-with-change-date
officers · CH01
2019-01-11
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-02-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-02-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-02-19
➖
ADAMSON, Ewen James resigned
secretary
2018-02-19
➖
ADAMSON, Ewen James resigned
director
2018-02-19
➖
HALCROW, Brian resigned
director
2018-02-19
➖
HALCROW, James Stewart resigned
director
2018-02-19
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-02-19
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2018-02-19
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-02-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2015-05-05
🏢
Company incorporated
As PUND POWER LIMITED
2015-05-05
➕
SMITH, Adrian Thomas appointed
director
2015-05-05
➕
ADAMSON, Ewen James appointed
secretary
2015-05-05
➕
ADAMSON, Ewen James appointed
director
2015-05-05
➕
HALCROW, Brian appointed
director
2015-05-05
➕
HALCROW, James Stewart 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%

Name	Shares	Voting rights	Nature of control	Notified
Adrian Thomas Smith Individual · British · DOB 08/1986 · age 40	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	19/02/2018

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

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MICHAEL POTTINGER ENGINEERING LIMITED→ SC395494 · est 2011	—	—	—	3	15y	82	62y
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JOHNSTONS SALES & SERVICES LIMITED→ SC309125 · est 2006	—	—	£450.6k	—	19y	80	84y
L & M ENGINEERING (UK) LIMITED→ SC428479 · est 2012 · no financials extracted	—	—	—	—	13y	80	78y
BOLTS CAR HIRE LIMITED→ SC154841 · est 1994 · no financials extracted	—	—	—	—	31y	79	75y
CIVIL AND STRUCTURAL ENGINEERING SHETLAND LIMITED→ SC531924 · est 2016	—	—	£268.1k	—	10y	79	72y
FRANK L. JOHNSTON (SHETLAND) LIMITED→ SC066562 · est 1978	—	—	£1.22M	—	47y	79	84y
HAMEPARK HOLDINGS LIMITED→ SC451413 · est 2013	—	—	£1.96M	—	12y	78	59y
JIM CLARK ACCOUNTANCY LTD.→ SC402670 · est 2011	—	—	£142.3k	—	14y	78	58y
JOHN LEASK CONSULTING LTD→ SC481647 · est 2014	—	—	—	100	11y	78	67y
MJW PRODUCTIVITY MANAGEMENT LTD→ SC479316 · est 2014	—	—	—	100	11y	78	68y

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

Incorporated2015-05-05

Jurisdictionscotland

Primary SIC71129 — Other engineering activities

Registered office

Lonabrak Wart

Sandwick

Shetland

ZE2 9HW

Scotland

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-05-20

Last: 2025-05-06

Officers (1 active · 4 resigned)

SMITH, Adrian Thomas→

director · ~40y · appointed 2015-05-05

View their other companies + combined net worth →

Active

ADAMSON, Ewen James→

secretary · appointed 2015-05-05 · resigned 2018-02-19

Resigned

ADAMSON, Ewen James→

director · ~40y · appointed 2015-05-05 · resigned 2018-02-19

Resigned

HALCROW, Brian→

director · ~40y · appointed 2015-05-05 · resigned 2018-02-19

Resigned

HALCROW, James Stewart→

director · ~40y · appointed 2015-05-05 · resigned 2018-02-19

Resigned

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