THE ECO GROUP (SCOTLAND) LTD

🌿Early-stageactive
SC800858 · ltd · incorporated 2024-02-28
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
not disclosed
Net worth
book net assets
Opportunity
57/100
Worth a look
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
ALSO REGISTERED FOR
  • 43320Joinery installation
  • 74901Environmental consulting activities
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 57/100 (worth a look), bankability 40/100. 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 (53/100). Current lenders should be on monthly review.

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
57/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
2
filings
  • 1 gazette
  • 1 persons-with-significant-control
Last 180 days
2
filings
  • 1 gazette
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2026-02-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-10-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-10-14
    GHANI, Mohammed Siddiq resigned
    director
  5. 2024-11-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-05-25
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  7. 2024-04-18
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2024-02-28
    🏢
    Company incorporated
    As THE ECO GROUP (SCOTLAND) LTD
  9. 2024-02-28
    VAN NIEKERK, Andre appointed
    director
  10. 2024-02-28
    WHITE, Robert appointed
    director
  11. 2024-02-28
    GHANI, Mohammed Siddiq appointed
    director
  12. 2024-02-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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: 2026-02-28

Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-13

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Robert White
Individual · British · DOB 08/1959 · age 67
2550%
25–50%25-50% shares · 25-50% voting28/02/2024
Mr Andre Van Niekerk
Individual · South African · DOB 06/1974 · age 52
2550%
25–50%25-50% shares · 25-50% voting28/02/2024
1 historic (ceased) PSC
  • Mr Mohammed Siddiq Ghaniceased 14/10/2025· 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 →
🔒Tailored diligence questions

11 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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Company details

Statusactive
Typeltd
Incorporated2024-02-28
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

49 Buccleuch Street
Dumfries
DG1 2AB
Scotland

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-03-13OVERDUE
Last: 2025-02-27

Officers (2 active · 1 resigned)

VAN NIEKERK, Andre
director · ~52y · appointed 2024-02-28
View their other companies + combined net worth →
Active
WHITE, Robert
director · ~67y · appointed 2024-02-28
View their other companies + combined net worth →
Active
GHANI, Mohammed Siddiq
director · ~70y · appointed 2024-02-28 · resigned 2025-10-14
Resigned

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

Recent filings (8 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-09
termination-director-company-with-name-termination-date
officers · TM01
2025-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-05
change-account-reference-date-company-current-extended
accounts · AA01
2024-05-25
certificate-change-of-name-company
change-of-name · CERTNM
2024-04-18
incorporation-company
incorporation · NEWINC
2024-02-28