HYDROGEN GREEN POWER LTD

💤Zombieactive
NI647471 · ltd · incorporated 2017-08-16
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 28990
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 74/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
-£13k-£13k-£13k-£13k-£13k-£13kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£-13.0k
Net assets£-13.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
4
filings
  • 2 officers
  • 1 gazette
  • 1 dissolution
Last 90 days
4
filings
  • 2 officers
  • 1 gazette
  • 1 dissolution
Last 180 days
5
filings
  • 2 officers
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-05-12
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-05-01
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-05-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-05-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-04-25
    CARRAGHER, Geoffrey resigned
    director
  6. 2026-04-25
    CARRAGHER, Patrick James resigned
    director
  7. 2026-02-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2025-01-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2024-01-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2023-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2023-05-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-05-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2023-04-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2023-04-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2023-01-31
    DORAN, Michael Francis resigned
    director
  18. 2022-08-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2022-08-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  20. 2022-01-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  21. 2021-10-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  22. 2021-10-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2021-10-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2021-10-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  25. 2021-07-29
    BUCKNALL, Alan Guy resigned
    director
  26. 2021-06-16
    BUCKNALL, Alan Guy appointed
    director
  27. 2021-04-15
    REAVEY, Angela resigned
    director
  28. 2018-01-03
    LATHAM, William Anthony appointed
    director
  29. 2017-12-08
    CARRAGHER, Patrick James appointed
    director
  30. 2017-08-16
    🏢
    Company incorporated
    As HYDROGEN GREEN POWER LTD
  31. 2017-08-16
    CARRAGHER, Geoffrey appointed
    director
  32. 2017-08-16
    DORAN, Michael Francis appointed
    director
  33. 2017-08-16
    REAVEY, Angela appointed
    director

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CARRAGHER, Geoffrey resigned 2026-04-25; CARRAGHER, Patrick James resigned 2026-04-25

Group structure

Hydrogen Green Power (Scotland) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hydrogen Green Power (Scotland) Limited
Corporate parent · holds 75-100% shares
ultimate parent
HYDROGEN GREEN POWER LTD
This company · NI647471

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%
NameSharesVoting rightsNature of controlNotified
Hydrogen Green Power (Scotland) Limited
Corporate entity
75100%
75-100% shares06/10/2021
5 historic (ceased) PSCs
  • Mrs Angela Reaveyceased 06/10/2021· board control
  • Michael Doranceased 06/10/2021· board control
  • Geoffrey Carragherceased 06/10/2021· 25-50% shares · board control
  • Mr William Anthony Lathamceased 06/10/2021· board control
  • Patrick James Carragherceased 06/10/2021· 25-50% shares · 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 →

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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
Incorporated2017-08-16
Jurisdictionnorthern-ireland
Primary SIC28990 — SIC 28990

Registered office

Mills Selig Solicitors
21 Arthur Street
Belfast
BT1 4GA
Northern Ireland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-03
Last: 2025-05-20

Officers (1 active · 5 resigned)

LATHAM, William Anthony
director · ~78y · appointed 2018-01-03
View their other companies + combined net worth →
Active
BUCKNALL, Alan Guy
director · ~95y · appointed 2021-06-16 · resigned 2021-07-29
Resigned
CARRAGHER, Geoffrey
director · ~62y · appointed 2017-08-16 · resigned 2026-04-25
Resigned
CARRAGHER, Patrick James
director · ~68y · appointed 2017-12-08 · resigned 2026-04-25
Resigned
DORAN, Michael Francis
director · ~71y · appointed 2017-08-16 · resigned 2023-01-31
Resigned
REAVEY, Angela
director · ~62y · appointed 2017-08-16 · resigned 2021-04-15
Resigned

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

Recent filings (46 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-05-12
dissolution-application-strike-off-company
dissolution · DS01
2026-05-01
termination-director-company-with-name-termination-date
officers · TM01
2026-05-01
termination-director-company-with-name-termination-date
officers · TM01
2026-05-01
accounts-with-accounts-type-dormant
accounts · AA
2026-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
termination-director-company-with-name-termination-date
officers · TM01
2024-01-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-22