LINK ENGINEERING SERVICES LTD

💤Zombieactive
SC644118 · ltd · incorporated 2019-10-10
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 Oct 2023
Net worth
£1.2k
book net assets
Opportunity
54/100
Worth a look
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What this business does

Likely engaged in day-to-day electrical installation work and broader engineering services for construction projects in and around Glasgow, Scotland, though recent compulsory strike-off proceedings and director terminations suggest the business may have ceased active trading.

Primary activity: Electrical installation
Sector: Construction
ALSO REGISTERED FOR
  • 71129Other engineering activities
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 54/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (79/100)

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 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,186
Cash YoY
+525%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£15k
↑ 525% YoY
Net Worth
£1k
↑ 574% YoY
Current Assets
Current Liabilities
£0£3k£6k£9k£12k£15kOct 2022Oct 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-10-312022-10-31
Cash£14.9k£2.4k
Net assets£1.2k£176

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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 (20 events)Click to expand
  1. 2025-10-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2025-09-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-02-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-02-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-12-15
    CONNELLY, Ryan Paul resigned
    director
  9. 2022-10-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-08-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2022-08-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-08-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2022-06-21
    CONNELLY, Ryan Paul appointed
    director
  14. 2022-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-10-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2020-10-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2019-10-10
    🏢
    Company incorporated
    As LINK ENGINEERING SERVICES LTD
  19. 2019-10-10
    CONNELLY, Ross Thomas appointed
    director
  20. 2019-10-10
    📄
    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

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-07-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-10-19

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ross Thomas Connelly
Individual · British · DOB 09/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/10/2019
2 historic (ceased) PSCs
  • Mr Ryan Paul Connellyceased 15/12/2022· 25-50% shares · 25-50% voting
  • Mrs Gillian Connellyceased 21/06/2022· 25-50% shares · 25-50% voting

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

10 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
Incorporated2019-10-10
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

22 Bressay Grove
Cambuslang
Glasgow
G72 8QU
Scotland

Filing status

Accounts
Next due: 2025-07-31OVERDUE
Last made up to: 2023-10-31
Confirmation statement
Next due: 2025-10-19OVERDUE
Last: 2024-10-05

Officers (1 active · 1 resigned)

CONNELLY, Ross Thomas
director · ~39y · appointed 2019-10-10
View their other companies + combined net worth →
Active
CONNELLY, Ryan Paul
director · ~33y · appointed 2022-06-21 · resigned 2022-12-15
Resigned

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

Recent filings (21 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-10-10
gazette-notice-compulsory
gazette · GAZ1
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-06
termination-director-company-with-name-termination-date
officers · TM01
2023-02-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-12
appoint-person-director-company-with-name-date
officers · AP01
2022-10-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-08-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-24