MAIR ELECTRICAL LTD

🌿Early-stageactive
SC723570 · ltd · incorporated 2022-02-17
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 Feb 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 75/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Average employees200200

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-11-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-06-06
    ➕
    ANTILL-GRUNDY, Jill Marjorie appointed
    secretary
  6. 2022-06-06
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2022-06-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-06-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-04-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-04-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-03-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2022-02-17
    🏢
    Company incorporated
    As MAIR ELECTRICAL LTD
  13. 2022-02-17
    ➕
    MAIR, Callum appointed
    director
  14. 2022-02-17
    ➕
    MAIR, Graeme appointed
    director
  15. 2022-02-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

89/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MAIR" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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
NameSharesVoting rightsNature of controlNotified
Mr Graeme Mair
Individual · British · DOB 01/1964 · age 62
50–75%
50–75%board control50-75% shares · 50-75% voting · board control17/02/2022
Mr Callum Mair
Individual · British · DOB 10/1995 · age 31
25–50%
25–50%25-50% shares · 25-50% voting17/02/2022

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

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——520051y8776y
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——11930y8465y
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——10545y8387y
AJC CONSTRUCTION SCOTLAND LIMITED→
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——£72.9k—25y8363y
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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
Incorporated2022-02-17
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

50 Braehead Crescent
Stonehaven
Aberdeenshire
AB39 2PS
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-02
Last: 2026-02-16

Officers (3 active · 0 resigned)

ANTILL-GRUNDY, Jill Marjorie→
secretary · appointed 2022-06-06
View their other companies + combined net worth →
Active
MAIR, Callum→
director · ~31y · appointed 2022-02-17
View their other companies + combined net worth →
Active
MAIR, Graeme→
director · ~62y · appointed 2022-02-17
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
change-person-director-company-with-change-date
officers · CH01
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-02
appoint-person-secretary-company-with-name-date
officers · AP03
2022-06-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-03-09
incorporation-company
incorporation · NEWINC
2022-02-17