BARBOUR ELECTRICAL LTD

💤Zombieactive
SC652803 · ltd · incorporated 2020-01-27
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
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Turnover
year to Mar 2024
Net worth
£633
book net assets
Opportunity
53/100
Worth a look
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 53/100 (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 (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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth 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
50
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 £633

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£633
Current Assets
£40k
Current Liabilities
£0£8k£16k£24k£32k£40kMar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-312023-03-31
Total assets£14.1k
Current assets£40.4k
Net assets£633

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

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 (16 events)Click to expand
  1. 2025-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2023-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-02-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2022-02-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2021-10-31
    BARBOUR, Rachele Helen resigned
    director
  8. 2021-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-03-03
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  10. 2020-03-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2020-03-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-02-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2020-02-11
    BARBOUR, Rachele Helen appointed
    director
  14. 2020-01-27
    🏢
    Company incorporated
    As BARBOUR ELECTRICAL LTD
  15. 2020-01-27
    BARBOUR, Gordon appointed
    director
  16. 2020-01-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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 name in company name: Company name contains director surname "BARBOUR" — strong identity link between founder and business.

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: 2026-03-31

Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-19

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Gordon Barbour
Individual · Scottish · DOB 02/1978 · age 48
5075%
50–75%board control50-75% shares · 50-75% voting · board control27/01/2020
1 historic (ceased) PSC
  • Mrs Rachele Helen Barbourceased 31/10/2021· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2020-01-27
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

83-87 Cadzow Street
Hamilton
ML3 6DY
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-02-19OVERDUE
Last: 2025-02-05

Officers (1 active · 1 resigned)

BARBOUR, Gordon
director · ~48y · appointed 2020-01-27
View their other companies + combined net worth →
Active
BARBOUR, Rachele Helen
director · ~42y · appointed 2020-02-11 · resigned 2021-10-31
Resigned

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

Recent filings (18 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-08
termination-director-company-with-name-termination-date
officers · TM01
2022-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-30
change-account-reference-date-company-current-extended
accounts · AA01
2020-03-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-03-03