FORTUM GLASGOW LIMITED
🏛️Establishedactive
10359853 · ltd · incorporated 2016-09-05
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
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 65/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 4.0y
40/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~4.0 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 28/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
23 officers (7 active, 23 linked, 21 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
3
filings
- • 2 capital
- • 1 accounts
Last 90 days
3
filings
- • 2 capital
- • 1 accounts
Last 180 days
4
filings
- • 3 capital
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (67 events)Click to expand
- 2026-07-10📄capital-allotment-sharescapital · SH01
- 2026-06-30📄accounts-with-accounts-type-fullaccounts · AA
- 2026-06-18📄capital-allotment-sharescapital · SH01
- 2026-04-08📄capital-allotment-sharescapital · SH01
- 2025-12-15📄capital-allotment-sharescapital · SH01
- 2025-10-13📄accounts-amended-with-accounts-type-fullaccounts · AAMD
- 2025-09-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-15📄capital-allotment-sharescapital · SH01
- 2025-09-15📄capital-allotment-sharescapital · SH01
- 2025-08-18📄capital-allotment-sharescapital · SH01
- 2025-07-17📄capital-allotment-sharescapital · SH01
- 2025-06-11📄capital-allotment-sharescapital · SH01
- 2025-05-19📄capital-allotment-sharescapital · SH01
- 2025-05-12📄accounts-with-accounts-type-fullaccounts · AA
- 2025-04-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-31➕KRAVALE, Sigita appointeddirector
- 2025-03-31➖TOIJALA, Ilkka Juhani resigneddirector
- 2025-03-17📄capital-allotment-sharescapital · SH01
- 2025-02-18📄capital-allotment-sharescapital · SH01
- 2024-12-18📄capital-allotment-sharescapital · SH01
- 2024-12-06📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2024-11-27📄capital-allotment-sharescapital · SH01
- 2024-10-15📄capital-allotment-sharescapital · SH01
- 2024-09-12📄accounts-with-accounts-type-fullaccounts · AA
- 2024-05-24➕CIMDINA, Ginta appointeddirector
- 2024-05-24➕NIIRANEN, Ilkka Johannes appointeddirector
- 2024-05-24➖PHILLIPS, Charlotte resigneddirector
- 2024-05-24➖USKOLA, Jussi Olavi resigneddirector
- 2024-05-21➕REYNOLDS, Michael James appointeddirector
- 2024-05-21➕SCOTT, Joseph David appointeddirector
- 2024-05-21➖EDGAR, Matthew John resigneddirector
- 2024-05-21➖HARTLEY, Andrew Horsley Clifford resigneddirector
- 2024-05-21➕PHILLIPS, Charlotte appointeddirector
- 2024-05-21➖WAPLES, Christopher Brian resigneddirector
- 2024-05-02➕SUOMI, Juha Olavi appointeddirector
- 2024-05-02➖HOEKSTRAND, Nils Ola resigneddirector
- 2023-11-28➖CIMDINA, Ginta resigneddirector
- 2023-11-28➖MIKKONEN, Pasi resigneddirector
- 2023-11-28➕TOIJALA, Ilkka Juhani appointeddirector
- 2023-11-28➕USKOLA, Jussi Olavi appointeddirector
- 2023-08-10🔒Charge registered #4Lender: Apex Ifs Limited (As Security Agent)
- 2022-09-01➕APEX SECRETARIES LLP appointedcorporate-secretary
- 2022-09-01➖GOODWILLE LIMITED resignedcorporate-secretary
- 2022-07-12🔒Charge registered #3Lender: Apex Ifs Limited (As Security Agent)
- 2022-07-06🔒Charge registered #2Lender: Apex Ifs Limited
- 2022-07-06🔒Charge registered #1Lender: Apex Ifs Limited
- 2022-06-24➕HARTLEY, Andrew Horsley Clifford appointeddirector
- 2022-06-24➖KRAVALE, Sigita resigneddirector
- 2022-06-24➖MCMAHON, Stewart Oliver resigneddirector
Showing most recent 50 of 67 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
South Clyde Energy Recovery Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
South Clyde Energy Recovery Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
FORTUM GLASGOW LIMITED
This company · 10359853
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 |
|---|---|---|---|---|
South Clyde Energy Recovery Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/03/2022 |
1 historic (ceased) PSC
- Ivo Energy Limitedceased 01/03/2022· 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.
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|---|---|---|---|---|---|---|---|
| BUTLERS SERVICES LTD→ 10441657 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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| COLLIS HOME GROUP LTD→ 16930153 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DEFINITIVE ELECTRICAL LIMITED→ 12581325 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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| FINCH BUSINESS CONSULTANT LTD→ 14549858 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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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
Incorporated2016-09-05
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
4th Floor Phoenix House
1 Station Hill
Reading
Berkshire
RG1 1NB
United Kingdom
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04
Officers (7 active · 16 resigned)
APEX SECRETARIES LLP→
Activecorporate-secretary · appointed 2022-09-01
View their other companies + combined net worth →
CIMDINA, Ginta→
Activedirector · ~53y · appointed 2024-05-24
View their other companies + combined net worth →
KRAVALE, Sigita→
Activedirector · ~48y · appointed 2025-03-31
View their other companies + combined net worth →
NIIRANEN, Ilkka Johannes→
Activedirector · ~45y · appointed 2024-05-24
View their other companies + combined net worth →
REYNOLDS, Michael James→
Activedirector · ~49y · appointed 2024-05-21
View their other companies + combined net worth →
SCOTT, Joseph David→
Activedirector · ~37y · appointed 2024-05-21
View their other companies + combined net worth →
SUOMI, Juha Olavi→
Activedirector · ~60y · appointed 2024-05-02
View their other companies + combined net worth →
GOODWILLE LIMITED→
Resignedcorporate-secretary · appointed 2017-01-01 · resigned 2022-09-01
CIMDINA, Ginta→
Resigneddirector · ~53y · appointed 2022-03-01 · resigned 2023-11-28
DIRACLES, David Hampton→
Resigneddirector · ~47y · appointed 2017-02-01 · resigned 2021-11-08
EDGAR, Matthew John→
Resigneddirector · ~41y · appointed 2022-03-01 · resigned 2024-05-21
HAMALAINEN, Hannes Pertti Olavi→
Resigneddirector · ~74y · appointed 2017-02-01 · resigned 2017-10-05
HARTLEY, Andrew Horsley Clifford→
Resigneddirector · ~68y · appointed 2022-06-24 · resigned 2024-05-21
HOEKSTRAND, Nils Ola→
Resigneddirector · ~62y · appointed 2021-11-08 · resigned 2024-05-02
KRAVALE, Sigita→
Resigneddirector · ~48y · appointed 2017-06-20 · resigned 2022-06-24
MCMAHON, Stewart Oliver→
Resigneddirector · ~41y · appointed 2022-03-01 · resigned 2022-06-24
MIKKONEN, Pasi→
Resigneddirector · ~61y · appointed 2016-09-05 · resigned 2023-11-28
PENTTILA, Kalle Erkki→
Resigneddirector · ~71y · appointed 2017-11-01 · resigned 2022-03-01
PHILLIPS, Charlotte→
Resigneddirector · ~46y · appointed 2024-05-21 · resigned 2024-05-24
RAUTPALO, Hilppa Riikka Sofia→
Resigneddirector · ~52y · appointed 2017-02-01 · resigned 2017-05-18
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Apex Ifs (As Security Agent) Apex Ifs Limited (As Security Agent) | A registered charge | 1 property | 10/08/2023 | — | |
| outstanding | Apex Ifs (As Security Agent) Apex Ifs Limited (As Security Agent) | A registered charge | 1 property | 12/07/2022 | — | |
| outstanding | Apex Ifs Apex Ifs Limited | A registered charge | — | 06/07/2022 | — | |
| outstanding | Apex Ifs Apex Ifs Limited | A registered charge | — | 06/07/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (118 total)
capital-allotment-shares
capital · SH01
2026-07-10
accounts-with-accounts-type-full
accounts · AA
2026-06-30
capital-allotment-shares
capital · SH01
2026-06-18
capital-allotment-shares
capital · SH01
2026-04-08
capital-allotment-shares
capital · SH01
2025-12-15
accounts-amended-with-accounts-type-full
accounts · AAMD
2025-10-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-16
change-person-director-company-with-change-date
officers · CH01
2025-09-16
capital-allotment-shares
capital · SH01
2025-09-15
capital-allotment-shares
capital · SH01
2025-09-15
capital-allotment-shares
capital · SH01
2025-08-18
capital-allotment-shares
capital · SH01
2025-07-17
capital-allotment-shares
capital · SH01
2025-06-11
capital-allotment-shares
capital · SH01
2025-05-19
accounts-with-accounts-type-full
accounts · AA
2025-05-12