SIGNAL SOLAR ENERGY LIMITED

🌿Early-stageactive
SC716708 · ltd · incorporated 2021-12-03
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-104.0k
book net assets
Opportunity
76/100
Strong
🔔
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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 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -54% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (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
7 officers (4 active, 7 linked, 6 with DOB)
87
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
19 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
60
Adequate — check latest filings for context.
Acquirability
75
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 · FRS 102
Negative net assets
Liabilities exceed assets by £104,005
Cash draining
Cash down 54% YoY
Cash YoY
-54%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£25k
↓ 54% YoY
Net Worth
-£104k
↓ 154% YoY
Current Assets
£105k
↑ 5.2% YoY
Current Liabilities
-£104k-£62k-£20k£22k£64k£105kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£77.2k£69.0k
Current assets£105.4k£100.2k
Cash£25.4k£54.9k
Debtors£169
Net assets£-104.0k£-41.0k

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 (26 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-07-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-07-04
    PAGET, William Patrick appointed
    director
  5. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-06-20
    DICKSON, John Raymond resigned
    director
  7. 2024-06-20
    HAMBY, Christopher David resigned
    director
  8. 2024-06-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-06-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-09-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2023-08-24
    📄
    capital-allotment-shares
    capital · SH01
  13. 2023-08-23
    CARNEY-MCBRIDE, Liam Patrick appointed
    director
  14. 2023-08-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2023-08-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-07-11
    HAMBY, Christopher David appointed
    director
  17. 2023-07-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2022-12-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-12-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2022-11-20
    DICKSON, John Raymond appointed
    director
  21. 2022-11-20
    OGG, Graeme Morrison resigned
    director
  22. 2021-12-03
    🏢
    Company incorporated
    As SIGNAL SOLAR ENERGY LIMITED
  23. 2021-12-03
    FALCONER, Iain Graham appointed
    secretary
  24. 2021-12-03
    FALCONER, Iain Graham appointed
    director
  25. 2021-12-03
    OGG, Graeme Morrison appointed
    director
  26. 2021-12-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.

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

Mary Ann Properties Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Mary Ann Properties Limited
Corporate parent · holds 25-50% shares · board control
significant stake
SIGNAL SOLAR ENERGY LIMITED
This company · SC716708

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Iain Graham Falconer
Individual · British · DOB 11/1956 · age 70
5075%
50–75%board control50-75% shares · 50-75% voting · board control03/12/2021
Mary Ann Properties Limited
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control25/08/2023
1 historic (ceased) PSC
  • Mr Graeme Morrison Oggceased 22/08/2023· 50-75% shares · 50-75% 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
Incorporated2021-12-03
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

Signal Solar Energy Ltd Croft Douglas
Strath Tummel
Pitlochry
PH16 5NS
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (4 active · 3 resigned)

FALCONER, Iain Graham
secretary · appointed 2021-12-03
View their other companies + combined net worth →
Active
CARNEY-MCBRIDE, Liam Patrick
director · ~37y · appointed 2023-08-23
View their other companies + combined net worth →
Active
FALCONER, Iain Graham
director · ~70y · appointed 2021-12-03
View their other companies + combined net worth →
Active
PAGET, William Patrick
director · ~56y · appointed 2025-07-04
View their other companies + combined net worth →
Active
DICKSON, John Raymond
director · ~64y · appointed 2022-11-20 · resigned 2024-06-20
Resigned
HAMBY, Christopher David
director · ~62y · appointed 2023-07-11 · resigned 2024-06-20
Resigned
OGG, Graeme Morrison
director · ~63y · appointed 2021-12-03 · resigned 2022-11-20
Resigned

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

Recent filings (19 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-14
appoint-person-director-company-with-name-date
officers · AP01
2025-07-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-30
termination-director-company-with-name-termination-date
officers · TM01
2024-06-20
termination-director-company-with-name-termination-date
officers · TM01
2024-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-09-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-31
capital-allotment-shares
capital · SH01
2023-08-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-23
appoint-person-director-company-with-name-date
officers · AP01
2023-08-23
appoint-person-director-company-with-name-date
officers · AP01
2023-07-11