VORTEX ELECTRIC LIMITED

💤Zombieactive
SC682275 · ltd · incorporated 2020-11-27
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
Upgrade to see
Turnover
year to Nov 2024
Net worth
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company 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
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
19 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Average employees-200-200

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-19
    BROWN, Julie resigned
    secretary
  4. 2023-11-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-11-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-11-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-11-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2023-11-19
    📄
    capital-allotment-shares
    capital · SH01
  9. 2023-11-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-02-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-08-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-07-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2022-06-20
    BROWN, Julie appointed
    secretary
  16. 2020-11-27
    🏢
    Company incorporated
    As VORTEX ELECTRIC LIMITED
  17. 2020-11-27
    MCKECHNIE, Dale appointed
    director
  18. 2020-11-27
    📄
    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

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Dale Mckechnie
Individual · British · DOB 06/1995 · age 31
5075%
75–100%board control75-100% shares · 75-100% voting · board control27/11/2020
Miss Sandra Louise Craig
Individual · British · DOB 10/1994 · age 32
2550%
25-50% shares19/03/2023
1 historic (ceased) PSC
  • Mr Richard Citrinceased 31/01/2023· 25-50% shares · 25-50% 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 · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
TEAM INSTALLATION LIMITED
SC367696 · est 2009
£320.7k
£229.1k£412.3k
180016y8359y
PERTH DOORSETS LTD.
SC234914 · est 2002
£93.9k
£67.1k£120.8k
190023y8363y
KMASS MARINE LIMITED
SC648102 · est 2019
£73.3k
£52.4k£94.3k
£702.1k6006y8548y
DUNAROS LIMITED
SC523870 · est 2016
£7.9k
£5.6k£10.1k
£83.9k20010y9473y
ALTER LANDSCAPES LIMITED
SC131457 · est 1991
£867.6k35y8367y
C.K. CONTRACTS LIMITED
SC176322 · est 1997
780028y8363y
CARYMAR CONSTRUCTION SERVICES LIMITED
SC118871 · est 1989
£469.5k36y8362y
GOUROCK PROPERTY COMPANY LIMITED
SC019124 · est 1936
£3.15M90y8370y
JHC INTERIORS LTD.
SC095408 · est 1985
£20.4k40y8363y
TORR GORM DEVELOPMENTS LIMITED
SC234000 · est 2002
23y8397y
A BURGOYNE (ELECTRICAL CONTRACTORS) LIMITED
SC061855 · est 1977
£682.1k49y8279y
ALCHEMY PLANT & CONTRACTING LTD
SC392776 · est 2011
£999.9k15y8260y
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
Incorporated2020-11-27
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

2a New Dock Lane
Custom House Place
Greenock
Inverclyde
PA15 1EJ
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-03
Last: 2025-11-19

Officers (1 active · 1 resigned)

MCKECHNIE, Dale
director · ~31y · appointed 2020-11-27
View their other companies + combined net worth →
Active
BROWN, Julie
secretary · appointed 2022-06-20 · resigned 2023-11-19
Resigned

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

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-19
change-person-director-company-with-change-date
officers · CH01
2023-11-19
termination-secretary-company-with-name-termination-date
officers · TM02
2023-11-19
capital-allotment-shares
capital · SH01
2023-11-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-17