POWERWORKS LIMITED
💤Zombieactive
SC545378 · ltd · incorporated 2016-09-14
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 Sept 2024
Net worth
£141.4k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (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, 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £141,449
Cash YoY
-17%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£58k
↓ 17% YoY
Net Worth
£141k
~ YoY
Current Assets
£124k
↑ 2.7% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £148.0k | £146.5k |
| Current assets | £124.2k | £120.9k |
| Cash | £58.2k | £70.0k |
| Debtors | £66.0k | £50.9k |
| Net assets | £141.4k | £140.2k |
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
0
filings
Last 90 days
2
filings
- • 2 officers
Last 180 days
5
filings
- • 2 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-02-24➕BARRETT, Adrian Martin appointeddirector
- 2026-02-24➖CAMPBELL, Richard James resigneddirector
- 2026-02-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-12➖BARRETT, Adrian Martin resigneddirector
- 2019-11-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-11-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-11-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-14🏢Company incorporatedAs POWERWORKS LIMITED
- 2016-09-14➕BARRETT, Adrian Martin appointeddirector
- 2016-09-14➕CAMPBELL, Richard James appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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 |
|---|---|---|---|---|
Mr Adrian Martin Barrett Individual · Irish · DOB 09/1977 · age 49 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 17/10/2025 |
2 historic (ceased) PSCs
- Ms Melissa Houilstonceased 17/10/2025· 75-100% shares · 75-100% voting
- Mr Adrian Martin Barrettceased 12/11/2019· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MACKAY DEVELOPMENT SERVICES LTD→ SC528755 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| MCDEVITT RENEWABLES LTD→ SC838378 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| NITHSDALE PLUMBING & HEATING LIMITED→ SC457556 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| PHOENIX SOLAR ENERGY LIMITED→ SC811472 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| POWERMAC JOINERY LIMITED→ SC400559 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| PRESTIGE PLUMBING AND HEATING SERVICES LTD→ SC743808 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| PROPERTY BY DRB LTD→ SC880245 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| QEM SERVICES LIMITED→ SC764433 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| QUICK AND PRO DECORATING LIMITED→ SC748321 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| R JOHNSTONE LIMITED→ SC825776 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| R MATCHETT & SON LTD→ SC491697 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| R. EARSMAN LIMITED→ SC066725 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
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
Incorporated2016-09-14
Jurisdictionscotland
Primary SIC43210 — Electrical installation
Registered office
Farries, Kirk & Mcvean Dumfries Enterprise Park
Heathhall
Dumfries
DG1 3SJ
United Kingdom
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13
Officers (1 active · 2 resigned)
BARRETT, Adrian Martin→
Activedirector · ~49y · appointed 2026-02-24
View their other companies + combined net worth →
BARRETT, Adrian Martin→
Resigneddirector · ~49y · appointed 2016-09-14 · resigned 2019-11-12
CAMPBELL, Richard James→
Resigneddirector · ~38y · appointed 2016-09-14 · resigned 2026-02-24
Click a director name to see their full track record across all companies.
Recent filings (32 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-02-24
appoint-person-director-company-with-name-date
officers · AP01
2026-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-24