NLEI LTD

🌳Matureactive
SC511747 · ltd · incorporated 2015-07-28
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Investment thesis: well_run_hard_buy → unclassified
  • · Deal-killer verdict: clean → complicated
  • · Refinance opportunity: ready → no_debt
  • · Live charges: 2 → 0
What changed my view
Last 30 days

Mixed signals in the last 30 days — 1 improved, 2 worsened.

  • ·Investment thesis: well_run_hard_buy → unclassified
  • ↓Deal-killer verdict: clean → complicated
  • ↑Live charges: 2 → 0
  • ↓PSC count: 2 → 0
  • ·Refinance opportunity: ready → no_debt
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
No charge records returned
50
Directors & officers
11 officers (2 active, 11 linked, 11 with DOB)
90
Ownership & PSC
No PSC data returned
40
Director network
11 connected companies via shared directors
78
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
3
filings
  • • 2 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-04-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2026-02-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-01-30
    ➕
    HAMILTON, Gemma Maria appointed
    director
  4. 2026-01-30
    ➖
    MILLIGAN, John Frank resigned
    director
  5. 2026-01-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-12-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-12-24
    ➕
    DRUMMOND, Sarah Jo appointed
    director
  8. 2025-12-24
    ➖
    MCGREGOR, Christine Alice resigned
    director
  9. 2025-12-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2024-07-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2024-07-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2023-06-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2023-04-03
    ➖
    MACDOUGALL, Gordon Alan resigned
    director
  15. 2023-04-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2023-03-01
    ➖
    MACLEOD, Alasdair Gordon resigned
    director
  17. 2023-03-01
    ➕
    MCGREGOR, Christine Alice appointed
    director
  18. 2023-03-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2023-03-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2022-10-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2021-09-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2021-08-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2020-10-16
    ➕
    MILLIGAN, John Frank appointed
    director
  24. 2020-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2020-10-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2019-11-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  27. 2019-05-20
    ➖
    BAKER, Alan George resigned
    director
  28. 2019-05-20
    ➖
    GLEN, John Ronald Kerr resigned
    director
  29. 2019-05-20
    ➕
    MACDOUGALL, Gordon Alan appointed
    director
  30. 2019-05-20
    ➖
    WILSON, Alan Reid resigned
    director
  31. 2017-04-20
    ➖
    RAE, George Stuart resigned
    director
  32. 2017-04-20
    ➕
    WILSON, Alan Reid appointed
    director
  33. 2016-10-31
    ➖
    ODDY, Mark Stephen resigned
    director
  34. 2016-10-31
    ➕
    RAE, George Stuart appointed
    director
  35. 2015-07-28
    🏢
    Company incorporated
    As NLEI LTD
  36. 2015-07-28
    ➕
    BAKER, Alan George appointed
    director
  37. 2015-07-28
    ➕
    GLEN, John Ronald Kerr appointed
    director
  38. 2015-07-28
    ➕
    MACLEOD, Alasdair Gordon appointed
    director
  39. 2015-07-28
    ➕
    ODDY, Mark Stephen appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MCGREGOR, Christine Alice resigned 2025-12-24; MILLIGAN, John Frank resigned 2026-01-30

🔒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
Incorporated2015-07-28
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Ground Floor West Suite, Prospect House
5 Thistle Street
Edinburgh
EH2 1DF

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-08-10
Last: 2025-07-27

Officers (2 active · 9 resigned)

DRUMMOND, Sarah Jo→
director · ~30y · appointed 2025-12-24
View their other companies + combined net worth →
Active
HAMILTON, Gemma Maria→
director · ~42y · appointed 2026-01-30
View their other companies + combined net worth →
Active
BAKER, Alan George→
director · ~60y · appointed 2015-07-28 · resigned 2019-05-20
Resigned
GLEN, John Ronald Kerr→
director · ~67y · appointed 2015-07-28 · resigned 2019-05-20
Resigned
MACDOUGALL, Gordon Alan→
director · ~56y · appointed 2019-05-20 · resigned 2023-04-03
Resigned
MACLEOD, Alasdair Gordon→
director · ~65y · appointed 2015-07-28 · resigned 2023-03-01
Resigned
MCGREGOR, Christine Alice→
director · ~41y · appointed 2023-03-01 · resigned 2025-12-24
Resigned
MILLIGAN, John Frank→
director · ~45y · appointed 2020-10-16 · resigned 2026-01-30
Resigned
ODDY, Mark Stephen→
director · ~60y · appointed 2015-07-28 · resigned 2016-10-31
Resigned
RAE, George Stuart→
director · ~68y · appointed 2016-10-31 · resigned 2017-04-20
Resigned
WILSON, Alan Reid→
director · ~57y · appointed 2017-04-20 · resigned 2019-05-20
Resigned

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

Recent filings (62 total)

accounts-with-accounts-type-full
accounts · AA
2026-04-30
appoint-person-director-company-with-name-date
officers · AP01
2026-02-03
termination-director-company-with-name-termination-date
officers · TM01
2026-01-30
appoint-person-director-company-with-name-date
officers · AP01
2025-12-29
termination-director-company-with-name-termination-date
officers · TM01
2025-12-24
accounts-with-accounts-type-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-07-16
accounts-with-accounts-type-full
accounts · AA
2024-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-02
accounts-with-accounts-type-full
accounts · AA
2023-06-19
termination-director-company-with-name-termination-date
officers · TM01
2023-04-03
termination-director-company-with-name-termination-date
officers · TM01
2023-03-01
appoint-person-director-company-with-name-date
officers · AP01
2023-03-01