HOON HAY SOLAR LIMITED
Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 0.5y
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.5 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (74/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2024-07-31 |
|---|---|
| Total assets | £1.8k |
| Current assets | £33.9k |
| Cash | £32.0k |
| Debtors | £1.9k |
| Net assets | £1.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 mortgage
Corporate timeline (32 events)Click to expand
- 2026-01-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-30🔒Charge registered #1Lender: Skandinaviska Enskilda Banken Ab (Publ)
- 2026-01-09📄resolutionresolution · RESOLUTIONS
- 2026-01-09📄memorandum-articlesincorporation · MA
- 2025-11-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-11-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-07📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-07-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-18➕CAMPBELL, Warren John appointeddirector
- 2025-07-18➕STAIT, Robert James appointeddirector
- 2025-07-18➖HALL, Jonathan Francis resigneddirector
- 2025-07-18➖IGLA, Thomas resigneddirector
- 2025-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-02-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-31➖BATOV, Simeon Stoyanov resigneddirector
- 2020-08-21➕BATOV, Simeon Stoyanov appointeddirector
- 2020-07-27🏢Company incorporatedAs HOON HAY SOLAR LIMITED
- 2020-07-27➕HALL, Jonathan Francis appointeddirector
- 2020-07-27➕IGLA, Thomas appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanGroup structure
Alight Stingray Holding Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Alight Stingray Holding Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/11/2025 |
6 historic (ceased) PSCs
- Alight Energy Uk Limitedceased 18/11/2025· 75-100% shares · 75-100% voting · board control
- The Uk Development Group Limitedceased 18/07/2025· 25-50% shares · 25-50% voting
- Krr Holdings Limitedceased 18/07/2025· 25-50% shares · 25-50% voting · board control
- Autonomy Holdings Limitedceased 18/07/2025· 25-50% shares · 25-50% voting · board control
- Re Projects Development Limitedceased 31/03/2023· 25-50% shares · 25-50% voting
- Industria Resources Uk Limitedceased 28/07/2022· 50-75% shares · 50-75% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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|---|---|---|---|---|---|---|---|
| CLIFFEVILLE LIMITED→ 01523920 · est 1980 · no financials extracted | — | — | — | — | 45y | — | — |
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| J GRAY PROPERTY SERVICES LTD→ 17115909 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| J H J HAULAGE LTD→ 09768888 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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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 →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
Registered office
Filing status
Officers (2 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Skandinaviska Enskilda Banken Ab (Publ) | A registered charge | 1 property | 30/01/2026 | — |