AURORA ELECTRICALS (SCOTLAND) LIMITED
Opportunity 71/100 (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: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-05-31 | 2023-05-31 |
|---|---|---|
| Total assets | £-26.1k | £-25.2k |
| Current assets | £1.5k | £3.5k |
| Net assets | £-28.1k | £-31.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (11 events)Click to expand
- 2025-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-05-24🏢Company incorporatedAs AURORA ELECTRICALS (SCOTLAND) LIMITED
- 2016-05-24➕NORTH, Richard John appointeddirector
- 2016-05-24📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard North Individual · British · DOB 03/1978 · age 48 | 75–100% | — | 75-100% shares | 01/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A MORRIS ROOFING LIMITED→ SC572573 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A R PLASTERING LTD→ SC344231 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| A.R.F JOINERY LIMITED→ SC478418 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ANDYANDERSON LTD→ SC777068 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AROSSCOATINGS LTD→ SC843636 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASPECT PROPERTY PRO SERVICES LTD→ SC800198 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ATC (HEAT) LTD→ SC440240 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| AWF PLUMBING & HEATING SERVICES LTD→ SC884166 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| B & B WARRENDER LIMITED→ SC224082 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| B & C JOINERY (CRIMOND) LTD→ SC333378 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| B E JOINERY LTD→ SC577521 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BAIN DECOR COMPANY LIMITED→ SC505819 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.