POWERMASTER LIMITED

💤Zombieactive
SC590300 · ltd · incorporated 2018-03-02
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 Mar 2025
Net worth
£2.53M
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 35300
Sector: Electricity, gas & energy
Investor take
Pursue
Asset-holding vehicle with a 75-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 75). 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 (73/100).

Data confidence

Overall: high (81/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,530,132
Cash YoY
+50%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4.2m
↑ 50% YoY
Net Worth
£2.5m
↑ 90% YoY
Current Assets
£5.5m
↑ 47% YoY
Current Liabilities
£0£1.1m£2.2m£3.3m£4.4m£5.5mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£2.53M£1.33M
Current assets£5.45M£3.71M
Cash£4.23M£2.82M
Debtors£1.22M£887.6k
Net assets£2.53M£1.33M

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2024-05-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2023-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-09-08
    📄
    memorandum-articles
    incorporation · MA
  8. 2021-09-08
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2021-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-06-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2021-06-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2020-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-10-17
    📄
    capital-allotment-shares
    capital · SH01
  14. 2019-10-17
    📄
    capital-allotment-shares
    capital · SH01
  15. 2019-10-17
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2019-10-17
    📄
    capital-name-of-class-of-shares
    capital · SH08
  17. 2019-10-17
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2019-09-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-03-02
    🏢
    Company incorporated
    As POWERMASTER LIMITED
  20. 2018-03-02
    SHEPHERD, Steven William appointed
    director

Owner dependency

95/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Powermaster Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Powermaster Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
POWERMASTER LIMITED
This company · SC590300

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Powermaster Group Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/04/2024
1 historic (ceased) PSC
  • Mr Steven William Shepherdceased 05/04/2024· 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2018-03-02
Jurisdictionscotland
Primary SIC35300 — SIC 35300

Registered office

9 Glasgow Road
Paisley
Renfrewshire
PA1 3QS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-31
Last: 2025-05-17

Officers (1 active · 0 resigned)

SHEPHERD, Steven William
director · ~75y · appointed 2018-03-02
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-05-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-01
memorandum-articles
incorporation · MA
2021-09-08
resolution
resolution · RESOLUTIONS
2021-09-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-26
gazette-filings-brought-up-to-date
gazette · DISS40
2021-06-16