DERRIL WATER SOLAR LIMITED
🏛️Establishedactive
10196127 · ltd · incorporated 2016-05-24
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£-997.4k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
- 35130SIC 35130
- 42220SIC 42220
- 96090Other service activities n.e.c.
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 1.6y
0/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.6 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
13 officers (3 active, 13 linked, 11 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
60 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
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £997,391
Key financials
2 years extracted from filed iXBRL accountsCash
£1.2m
Net Worth
-£997k
↓ 620% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Cash | £1.21M | — |
| Net assets | £-997.4k | £-138.5k |
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
1
filing
- • 1 accounts
Last 180 days
3
filings
- • 1 accounts
- • 1 officers
- • 1 address
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
- 2026-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-27➕COSGROVE, Thomas John appointeddirector
- 2025-03-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-19🔒Charge registered #3Lender: Mark William Burnard
- 2025-03-13➕BRAUNE, Eric appointeddirector
- 2025-03-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-07🔒Charge registered #2Lender: Antonio Joseph Giordani
- 2025-03-06➖KOONER, Manjit resignedsecretary
- 2025-03-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-25➖DODD, William John resigneddirector
- 2024-09-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-23🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2024-09-18📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-02-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-06-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-06-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-01📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-06-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-06-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-31➕HOGWOOD, Daniel appointeddirector
- 2023-05-31➖HEARTH, Dominic James resignedsecretary
- 2023-05-31➕KOONER, Manjit appointedsecretary
- 2023-05-31➕DODD, William John appointeddirector
- 2023-05-31➖RUFFLE, Rachel resigneddirector
- 2023-05-31➖RUSSELL, Richard Paul resigneddirector
- 2023-05-31➖SCOTT, Tracy Jane resigneddirector
- 2023-05-31➖WHITFORD, Lucy resigneddirector
- 2021-12-08➕WHITFORD, Lucy appointeddirector
- 2019-09-17➖HUNTER, Ian George resigneddirector
- 2019-09-17➕SCOTT, Tracy Jane appointeddirector
- 2019-07-29➖FRENCH, Timothy Paul resigneddirector
- 2019-07-29➕HUNTER, Ian George appointeddirector
- 2017-05-17➕FRENCH, Timothy Paul appointeddirector
- 2017-05-17➕RUFFLE, Rachel appointeddirector
- 2016-07-29➖MACDOUGALL, Gordon Alan resigneddirector
- 2016-05-24🏢Company incorporatedAs DERRIL WATER SOLAR LIMITED
- 2016-05-24➕HEARTH, Dominic James appointedsecretary
- 2016-05-24➕MACDOUGALL, Gordon Alan appointeddirector
- 2016-05-24➕RUSSELL, Richard Paul appointeddirector
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Derril Water Solar Coop Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Derril Water Solar Coop Limited
Corporate parent · holds 75-100% shares · board control
⬇
DERRIL WATER SOLAR LIMITED
This company · 10196127
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Derril Water Solar Coop Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/05/2023 |
1 historic (ceased) PSC
- Res Uk & Ireland Limitedceased 31/05/2023· 75-100% shares · 75-100% 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 · Energy & utilities · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 4WARD GROUP LTD→ 11009548 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANI ENERGY LTD→ 07676902 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BOSTRAZE RECYCLING LIMITED→ 11731961 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CIB LELLO PLANT HIRE LIMITED→ 05165125 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| CLEAR - STREAM DRAINAGE SOLUTIONS LTD→ 15922470 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| COMMUNITY INFRASTRUCTURE SCILLY C.I.C.→ 14813424 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CORNWALL CULLET LIMITED→ 06824806 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CORNWALL DRAINS LTD→ 10127242 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| CORNWALL WASTE CARE LTD.→ 11712644 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DAVIES DRAINAGE SOLUTIONS LTD→ 14415509 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DEER PARK ENERGY LTD→ 10180018 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| DITCHEAT SOLAR CIC→ 15651995 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2016-05-24
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
C/O Communities For Renewables, Redruth House Cornwall Business Park West
Scorrier
Redruth
Cornwall
TR16 5EZ
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-22
Last: 2025-06-08
Officers (3 active · 10 resigned)
BRAUNE, Eric→
Activedirector · ~46y · appointed 2025-03-13
View their other companies + combined net worth →
COSGROVE, Thomas John→
Activedirector · ~45y · appointed 2025-11-27
View their other companies + combined net worth →
HOGWOOD, Daniel→
Activedirector · ~36y · appointed 2023-05-31
View their other companies + combined net worth →
HEARTH, Dominic James→
Resignedsecretary · appointed 2016-05-24 · resigned 2023-05-31
KOONER, Manjit→
Resignedsecretary · appointed 2023-05-31 · resigned 2025-03-06
DODD, William John→
Resigneddirector · ~47y · appointed 2023-05-31 · resigned 2025-02-25
FRENCH, Timothy Paul→
Resigneddirector · ~43y · appointed 2017-05-17 · resigned 2019-07-29
HUNTER, Ian George→
Resigneddirector · ~42y · appointed 2019-07-29 · resigned 2019-09-17
MACDOUGALL, Gordon Alan→
Resigneddirector · ~56y · appointed 2016-05-24 · resigned 2016-07-29
RUFFLE, Rachel→
Resigneddirector · ~59y · appointed 2017-05-17 · resigned 2023-05-31
RUSSELL, Richard Paul→
Resigneddirector · ~45y · appointed 2016-05-24 · resigned 2023-05-31
SCOTT, Tracy Jane→
Resigneddirector · ~50y · appointed 2019-09-17 · resigned 2023-05-31
WHITFORD, Lucy→
Resigneddirector · ~54y · appointed 2021-12-08 · resigned 2023-05-31
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mark William Burnard | A registered charge | 1 property | 19/03/2025 | — | |
| outstanding | Antonio Joseph Giordani / Antony Edward Giordani | A registered charge | 1 property | 07/03/2025 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | 2 properties | 23/09/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (60 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-25
appoint-person-director-company-with-name-date
officers · AP01
2026-01-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-20
appoint-person-director-company-with-name-date
officers · AP01
2025-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-06
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-06
termination-director-company-with-name-termination-date
officers · TM01
2025-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-27
change-account-reference-date-company-previous-extended
accounts · AA01
2024-09-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29