THREE60 ENERGY WELLS UK LIMITED

📉Decliningactive

SC131282 · ltd · incorporated 1991-04-17

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

drifting distress · 6-months

Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.

· Lifecycle stage drifting downward
· Currently "declining"

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

62/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 06100

Sector: Mining & quarrying

ALSO REGISTERED FOR

06200SIC 06200
09100SIC 09100

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 47/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).

🏦

Refinance opportunity

10 live charges · 5 lenders · oldest 21.4y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 21.4 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 45/100 (high).

Data confidence

Overall: high (83/100)

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

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

10 charges (10/10 with lender, 10/10 with type)

Directors & officers

21 officers (6 active, 21 linked, 16 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

13 connected companies via shared directors

Filing history

188 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

62/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Loss-making

Loss before tax £247,377

Slipped into loss

Moved from profit to loss this year

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Profit before tax	£-247.4k	£1.16M
Average employees	2700	2800

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

🔒Filing-note intelligence

4 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

filings

Last 90 days

filings

Last 180 days

filings

• 1 incorporation
• 1 resolution

Counts from Companies House filing history.

Corporate timeline (74 events)Click to expand

2025-11-07
📄
memorandum-articles
incorporation · MA
2025-11-07
📄
resolution
resolution · RESOLUTIONS
2025-11-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-31
➖
HERMANSSON, Carl Lasse resigned
director
2025-07-28
📄
accounts-with-accounts-type-full
accounts · AA
2025-07-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-18
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-13
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-01-13
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-01-13
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-01-13
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-01-13
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-01-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-24
🔒
Charge registered #10
Lender: Arbuthnot Commercial Asset Based Lending Limited
2024-12-24
🔒
Charge registered #9
Lender: Hsbc UK Bank PLC
2024-09-30
📄
accounts-with-accounts-type-full
accounts · AA
2024-08-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-08-07
➖
SUTHERLAND, Kevin resigned
director
2024-06-27
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-27
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-25
🔒
Charge registered #8
Lender: Arbuthnot Commercial Asset Based Lending Limited
2024-06-25
🔒
Charge registered #7
Lender: Arbuthnot Commercial Asset Based Lending Limited
2024-05-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-13
➕
MURRAY, Kerrie Rae Doreen appointed
director
2024-01-09
📄
accounts-with-accounts-type-small
accounts · AA
2023-12-05
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-28
🔒
Charge registered #6
Lender: Arbuthnot Commercial Asset Based Lending Limited
2023-10-02
📄
change-person-secretary-company-with-change-date
officers · CH03
2023-07-10
📄
change-person-director-company-with-change-date
officers · CH01
2023-07-10
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-01
➕
BRODIES SECRETARIAL SERVICES LIMITED appointed
corporate-secretary
2022-09-13
🔒
Charge registered #5
Lender: Arbuthnot Commercial Asset Based Lending Limited
2022-07-01
➖
FORD, Tessa Claire resigned
director
2022-07-01
➕
HERMANSSON, Carl Lasse appointed
director
2022-07-01
➖
MACARTHUR, Carol resigned
director
2022-07-01
➖
SPEED-ANDREWS, Victoria Marshall resigned
director
2022-07-01
➕
SUTHERLAND, Kevin appointed
director
2017-08-21
🔓
Charge satisfied #3
2017-08-21
🔓
Charge satisfied #4
2016-09-30
➕
MURRELL, Iain appointed
secretary
2016-01-05
➕
FORD, Nicholas appointed
director
2016-01-05
➕
SPEED-ANDREWS, Jonathan David appointed
director
2016-01-05
➕
FORD, Tessa Claire appointed
director
2016-01-05
➕
MACARTHUR, Carol appointed
director
2016-01-05
➕
SPEED-ANDREWS, Victoria Marshall appointed
director
2015-12-16
➖
HVISTENDAHL, Frederik George resigned
director
2015-12-16
➖
VATHNE, Njal Arne resigned
director
2015-08-28
➖
NUNN, Jill Margaret resigned
secretary
2015-08-28
➖
NUNN, Douglas Anthony resigned
director

Showing most recent 50 of 74 events

Owner dependency

50/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

45/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.

Red flags

1 high · 1 med · 1 low

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-01

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

6 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Three60 Energy Wells Uk Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Three60 Energy Wells Uk Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

THREE60 ENERGY WELLS UK LIMITED

This company · SC131282

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
Three60 Energy Wells Uk Holdings Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

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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TIERNEY STRACHAN CONSULTING LIMITED→ SC177770 · est 1997 · no financials extracted	—	—	—	—	28y	—	—
TOUGH ACCESS LTD→ SC818885 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
TRANSITION CLEAN SOLUTIONS LIMITED→ SC683889 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
TREVOR MCDONALD (MARINE ENGINE SERVICES) LTD.→ SC322848 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
TRITON MARINE & ENGINEERING CONSULTANTS LIMITED→ SC556056 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
TRITON MARINE SERVICES LIMITED→ SC608268 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
V-TES LIMITED→ SC433495 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
VECTOR SUPPLIES LIMITED→ SC103810 · est 1987 · no financials extracted	—	—	—	—	39y	—	—
VEDADRI LTD→ SC603348 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
VENUZA FUTURE ENERGY LTD→ SC758484 · est 2023 · no financials extracted	—	—	—	—	3y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

11 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

Incorporated1991-04-17

Jurisdictionscotland

Primary SIC06100 — SIC 06100

Registered office

31-33 Union Grove

Aberdeen

AB10 6SD

United Kingdom

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-05-01OVERDUE

Last: 2025-04-17