LIGHTSOURCE FINCA LIMITED
🏛️Establishedactive
12119398 · ltd · incorporated 2019-07-24
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 6.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 6.7y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: medium (61/100)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
8 officers (2 active, 8 linked, 8 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 2 accounts
- • 2 other
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-12-19📄legacyaccounts · PARENT_ACC
- 2025-12-19📄legacyother · GUARANTEE2
- 2025-12-19📄legacyother · AGREEMENT2
- 2025-06-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-03➖DESOUZA, Alexandra Sian resigneddirector
- 2025-06-03➖FRICOT, Olivier Jean Yves resigneddirector
- 2025-06-03➖LOVE, Craig John resigneddirector
- 2025-06-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-02➕O'BRIEN, Matthew Oliver appointeddirector
- 2024-10-28📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-10-28📄legacyaccounts · PARENT_ACC
- 2024-10-28📄legacyother · AGREEMENT2
- 2024-10-28📄legacyother · GUARANTEE2
- 2024-10-21➖MCCARTIE, Paul resigneddirector
- 2024-10-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-04📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-11-04📄legacyaccounts · PARENT_ACC
- 2023-11-04📄legacyother · AGREEMENT2
- 2023-11-04📄legacyother · GUARANTEE2
- 2023-08-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-08🔓Charge satisfied #4
- 2023-08-08🔓Charge satisfied #3
- 2023-04-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-24📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-20📄accounts-with-accounts-type-smallaccounts · AA
- 2022-05-17➕DESOUZA, Alexandra Sian appointeddirector
- 2022-05-17➕FRICOT, Olivier Jean Yves appointeddirector
- 2022-05-17➕LOVE, Craig John appointeddirector
- 2021-09-30➖BARKER, Randal John Clifton resigneddirector
- 2021-09-30➖BORG, Caroline resigneddirector
- 2021-04-27🔒Charge registered #4Lender: National Westminster Bank PLC
- 2020-12-20🔓Charge satisfied #2
- 2019-12-30🔒Charge registered #3Lender: National Westminster Bank PLC
- 2019-12-18🔓Charge satisfied #1
- 2019-12-17🔒Charge registered #2Lender: Investec Bank PLC
- 2019-10-02🔒Charge registered #1Lender: Investec Bank PLC
- 2019-07-29➕ROGER VALLES, Fernando Jesus appointeddirector
- 2019-07-24🏢Company incorporatedAs LIGHTSOURCE FINCA LIMITED
- 2019-07-24➕BARKER, Randal John Clifton appointeddirector
- 2019-07-24➕BORG, Caroline appointeddirector
- 2019-07-24➕MCCARTIE, Paul appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: DESOUZA, Alexandra Sian resigned 2025-06-03; FRICOT, Olivier Jean Yves resigned 2025-06-03; LOVE, Craig John resigned 2025-06-03
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Lightsource Renewable Energy Iberia Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Lightsource Renewable Energy Iberia Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
LIGHTSOURCE FINCA LIMITED
This company · 12119398
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 |
|---|---|---|---|---|
Lightsource Renewable Energy Iberia Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 24/07/2019 |
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
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2019-07-24
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
7th Floor
33 Holborn
London
EC1N 2HU
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-08
Last: 2025-07-25
Officers (2 active · 6 resigned)
O'BRIEN, Matthew Oliver→
Activedirector · ~35y · appointed 2025-06-02
View their other companies + combined net worth →
ROGER VALLES, Fernando Jesus→
Activedirector · ~50y · appointed 2019-07-29
View their other companies + combined net worth →
BARKER, Randal John Clifton→
Resigneddirector · ~62y · appointed 2019-07-24 · resigned 2021-09-30
BORG, Caroline→
Resigneddirector · ~52y · appointed 2019-07-24 · resigned 2021-09-30
DESOUZA, Alexandra Sian→
Resigneddirector · ~48y · appointed 2022-05-17 · resigned 2025-06-03
FRICOT, Olivier Jean Yves→
Resigneddirector · ~53y · appointed 2022-05-17 · resigned 2025-06-03
LOVE, Craig John→
Resigneddirector · ~53y · appointed 2022-05-17 · resigned 2025-06-03
MCCARTIE, Paul→
Resigneddirector · ~50y · appointed 2019-07-24 · resigned 2024-10-21
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 27/04/2021 | 08/08/2023 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 30/12/2019 | 08/08/2023 | |
| satisfied | Investec Bank Investec Bank PLC | A registered charge | 1 property | 17/12/2019 | 20/12/2020 | |
| satisfied | Investec Bank Investec Bank PLC | A registered charge | — | 02/10/2019 | 18/12/2019 |
Recent filings (44 total)
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-12-19
legacy
accounts · PARENT_ACC
2025-12-19
legacy
other · GUARANTEE2
2025-12-19
legacy
other · AGREEMENT2
2025-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-28
termination-director-company-with-name-termination-date
officers · TM01
2025-06-09
termination-director-company-with-name-termination-date
officers · TM01
2025-06-05
termination-director-company-with-name-termination-date
officers · TM01
2025-06-05
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-10-28
legacy
accounts · PARENT_ACC
2024-10-28
legacy
other · AGREEMENT2
2024-10-28
legacy
other · GUARANTEE2
2024-10-28
termination-director-company-with-name-termination-date
officers · TM01
2024-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-08