GLENVALE ELECTRICAL LTD

💤Zombieactive
SC534646 · ltd · incorporated 2016-05-06
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
70/100
Strong
🔔
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What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
ALSO REGISTERED FOR
  • 43210Electrical installation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (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 (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
2 officers (1 active, 2 linked, 2 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
22 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 accounts
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-02-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2026-01-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-12-31
    MEECHAN, Ross Andrew resigned
    director
  4. 2025-01-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-07-30
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2024-03-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-01-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-03-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-06-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-01-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2018-01-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-05-06
    🏢
    Company incorporated
    As GLENVALE ELECTRICAL LTD
  14. 2016-05-06
    MEECHAN, Martin James appointed
    director
  15. 2016-05-06
    MEECHAN, Ross Andrew appointed
    director
  16. 2016-05-06
    📄
    incorporation-company
    incorporation · NEWINC

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

45/100
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.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-07-30: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Martin James Meechan
Individual · British · DOB 06/1980 · age 46
75100%
75-100% shares29/05/2016

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 →
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Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2016-05-06
Jurisdictionscotland
Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

12 Greenlaw Drive
Paisley
Renfrewshire
PA1 3RU
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-02-01
Last: 2026-01-18

Officers (1 active · 1 resigned)

MEECHAN, Martin James
director · ~46y · appointed 2016-05-06
View their other companies + combined net worth →
Active
MEECHAN, Ross Andrew
director · ~46y · appointed 2016-05-06 · resigned 2025-12-31
Resigned

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

Recent filings (22 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
termination-director-company-with-name-termination-date
officers · TM01
2026-01-08
accounts-with-accounts-type-dormant
accounts · AA
2025-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-20
certificate-change-of-name-company
change-of-name · CERTNM
2024-07-30
accounts-with-accounts-type-dormant
accounts · AA
2024-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-18
accounts-with-accounts-type-dormant
accounts · AA
2023-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-18
accounts-with-accounts-type-dormant
accounts · AA
2022-03-23
accounts-with-accounts-type-dormant
accounts · AA
2021-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-15