ELIOCK HYDRO ELECTRIC COMPANY LIMITED

🌳Matureactive
SC133236 · ltd · incorporated 1991-08-02
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 33.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (93/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 33.0y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 33.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 5 with DOB)
81
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees100100

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-19
    📄
    capital-return-purchase-own-shares
    capital · SH03
  3. 2025-06-05
    ➕
    GREENSHIELDS, Lynn appointed
    director
  4. 2025-06-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-05-29
    📄
    capital-cancellation-shares
    capital · SH06
  6. 2025-05-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-05-27
    ➖
    GREENSHIELDS, Alan George resigned
    director
  8. 2025-05-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2025-05-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-04-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-08-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2022-08-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2022-08-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2022-08-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2022-08-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-07-31
    ➖
    GREENSHIELDS, Muriel Glenesk resigned
    director
  20. 2022-07-31
    ➖
    GREENSHIELDS, Robert Archibald resigned
    director
  21. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2019-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2000-02-02
    🔓
    Charge satisfied #4
  25. 2000-02-02
    🔓
    Charge satisfied #1
  26. 1993-12-22
    🔒
    Charge registered #4
    Lender: Hydro Leasing Limited
  27. 1993-08-27
    🔒
    Charge registered #3
    Lender: Hydro Leasing Limited
  28. 1993-04-16
    🔒
    Charge registered #1
    Lender: Hydro Leasing Limited
  29. 1992-02-04
    ➕
    GREENSHIELDS, Gordon Wilson appointed
    secretary
  30. 1992-02-04
    ➕
    GREENSHIELDS, Gordon Wilson appointed
    director
  31. 1992-02-04
    ➖
    GREENSHIELDS, Robert Archibald resigned
    secretary
  32. 1992-02-04
    ➕
    GREENSHIELDS, Alan George appointed
    director
  33. 1991-08-02
    🏢
    Company incorporated
    As ELIOCK HYDRO ELECTRIC COMPANY LIMITED
  34. 1991-08-02
    ➕
    GREENSHIELDS, Robert Archibald appointed
    secretary
  35. 1991-08-02
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  36. 1991-08-02
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  37. 1991-08-02
    ➕
    GREENSHIELDS, Muriel Glenesk appointed
    director
  38. 1991-08-02
    ➕
    GREENSHIELDS, Robert Archibald appointed
    director
  39. 1991-08-02
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  40. 1991-08-02
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Lynn Greenshields
Individual · British · DOB 01/1961 · age 65
75–100%
75–100%75-100% shares · 75-100% voting27/05/2025
Mr Gordon Wilson Greenshields
Individual · British · DOB 11/1958 · age 68
——sig. influencesignificant influence01/08/2022
2 historic (ceased) PSCs
  • Mrs Muriel Glenesk Greenshieldsceased 31/07/2022· 50-75% shares
  • Mr Robert Archibald Greenshieldsceased 31/07/2022· 25-50% shares

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

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
Incorporated1991-08-02
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

3 Dalhousie Crescent
Dalkeith
EH22 3DP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-16
Last: 2025-08-02

Officers (3 active · 6 resigned)

GREENSHIELDS, Gordon Wilson→
secretary · appointed 1992-02-04
View their other companies + combined net worth →
Active
GREENSHIELDS, Gordon Wilson→
director · ~68y · appointed 1992-02-04
View their other companies + combined net worth →
Active
GREENSHIELDS, Lynn→
director · ~65y · appointed 2025-06-05
View their other companies + combined net worth →
Active
GREENSHIELDS, Robert Archibald→
secretary · appointed 1991-08-02 · resigned 1992-02-04
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1991-08-02 · resigned 1991-08-02
Resigned
GREENSHIELDS, Alan George→
director · ~65y · appointed 1992-02-04 · resigned 2025-05-27
Resigned
GREENSHIELDS, Muriel Glenesk→
director · ~97y · appointed 1991-08-02 · resigned 2022-07-31
Resigned
GREENSHIELDS, Robert Archibald→
director · ~96y · appointed 1991-08-02 · resigned 2022-07-31
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1991-08-02 · resigned 1991-08-02
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Hydro Leasing
Hydro Leasing Limited
Standard security1 property22/12/199302/02/2000
outstanding
Hydro Leasing
Hydro Leasing Limited
Assignation of energy purchase agreement1 property27/08/1993—
satisfied
Hydro Leasing
Hydro Leasing Limited
Floating charge1 property16/04/199302/02/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (107 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-04
capital-return-purchase-own-shares
capital · SH03
2025-06-19
appoint-person-director-company-with-name-date
officers · AP01
2025-06-05
capital-cancellation-shares
capital · SH06
2025-05-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-27
termination-director-company-with-name-termination-date
officers · TM01
2025-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-08-16