ANNANDALE ELECTRICAL SERVICES LTD
🏛️Establishedactive
SC546859 · ltd · incorporated 2016-10-04
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£-147.2k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
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. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
28 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 · FRS 102Negative net assets
Liabilities exceed assets by £147,153
Net assets shrinking
Down £219,852 YoY
Cash YoY
+152%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£276k
↑ 152% YoY
Net Worth
-£147k
↓ 302% YoY
Current Assets
£405k
↓ 43% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-131.3k | £96.9k |
| Current assets | £404.7k | £704.8k |
| Cash | £276.5k | £109.5k |
| Debtors | £128.2k | £595.3k |
| Net assets | £-147.2k | £72.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-10📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-07-09📄gazette-notice-compulsorygazette · GAZ1
- 2023-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-04-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-04-01➕BARON, Giles appointeddirector
- 2020-07-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-11-15➕BARON, Oliver appointeddirector
- 2019-11-15➖DALZIEL, Robert James resigneddirector
- 2019-11-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-11-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-11-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-11-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-04🏢Company incorporatedAs ANNANDALE ELECTRICAL SERVICES LTD
- 2016-10-04➕DALZIEL, Robert James appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Giles Baron Individual · British · DOB 07/1982 · age 44 | 25–50% | — | 25-50% shares | 25/11/2020 |
Mr Oliver Baron Individual · British · DOB 10/1980 · age 46 | — | — | sig. influencesignificant influence | 15/11/2019 |
1 historic (ceased) PSC
- Mr Robert James Dalzielceased 15/08/2019· 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.
🔒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 →Similar companies
Active · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALYNTRA GROUP LTD→ SC870222 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AM STRUCTURES LTD→ SC712171 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AMBASSADOR RESIDENTIAL LTD→ SC393731 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AMN CONTRACTS LIMITED→ SC304993 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ANDERLEE JOINERY SERVICES LIMITED→ SC530730 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ANDERSON SCAFFOLDING LIMITED→ SC834446 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ANDYS TRADING 1 LTD LTD→ SC779561 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANDYSAP LIMITED→ SC860960 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANGEL ROPES& RIGGING LTD→ SC745764 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ANGUS MACIVER JOINERY LTD→ SC564246 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANNANDALE BUILDERS LIMITED→ SC369345 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ANNIESLAND BUILDERS GROUP LIMITED→ SC767944 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2016-10-04
Jurisdictionscotland
Primary SIC43210 — Electrical installation
Registered office
Office 1 Technology House
Newton Place
Glasgow
G3 7PR
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-05-07
Last: 2025-04-23
Officers (2 active · 1 resigned)
BARON, Giles→
Activedirector · ~44y · appointed 2021-04-01
View their other companies + combined net worth →
BARON, Oliver→
Activedirector · ~46y · appointed 2019-11-15
View their other companies + combined net worth →
DALZIEL, Robert James→
Resigneddirector · ~50y · appointed 2016-10-04 · resigned 2019-11-15
Click a director name to see their full track record across all companies.
Recent filings (28 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-12
gazette-filings-brought-up-to-date
gazette · DISS40
2024-07-10
gazette-notice-compulsory
gazette · GAZ1
2024-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-13
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-04-23
appoint-person-director-company-with-name-date
officers · AP01
2021-04-23