NORCO ENERGY LIMITED
💤Zombieactive
SC224324 · ltd · incorporated 2001-10-17
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 Sept 2024
Net worth
£1
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: dormant / non-trading with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
Data confidence
Overall: medium (78/100)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
Confirmed no charges registered
85
Directors & officers
11 officers (2 active, 11 linked, 5 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£1
~ YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £1 | £1 |
| Net assets | £1 | £1 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2025-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-08-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-08-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-08-19➕SHARP, Ryan appointeddirector
- 2021-08-19➖SHARP, Ian Robert resigneddirector
- 2021-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-07-27➖TOMBLESON, Walter resigneddirector
- 2018-05-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-06-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-05-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-11-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-02-01➕BLACKADDERS LLP appointedcorporate-secretary
- 2013-01-31➖STRONACHS SECRETARIES LIMITED resignedcorporate-secretary
- 2009-12-06➕STRONACHS SECRETARIES LIMITED appointedcorporate-secretary
- 2009-12-06➖PARK, Stephen William resigneddirector
- 2009-12-06➕SHARP, Ian Robert appointeddirector
- 2009-12-06➕TOMBLESON, Walter appointeddirector
- 2009-11-18➖MACKAY, Claire resignedsecretary
- 2006-05-22➕MACKAY, Claire appointedsecretary
- 2006-05-22➖NORCO GROUP LIMITED resignedcorporate-secretary
- 2005-09-30➕NORCO GROUP LIMITED appointedcorporate-secretary
- 2005-09-30➖NPM INVESTMENTS LIMITED resignedcorporate-secretary
- 2004-04-29➕NPM INVESTMENTS LIMITED appointedcorporate-secretary
- 2004-04-29➖STRONACHS resignedcorporate-nominee-secretary
- 2001-10-24➕PARK, Stephen William appointeddirector
- 2001-10-24➖RENNIE, David Alan resignednominee-director
- 2001-10-17🏢Company incorporatedAs NORCO ENERGY LIMITED
- 2001-10-17➕STRONACHS appointedcorporate-nominee-secretary
- 2001-10-17➕RENNIE, David Alan appointednominee-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Norco Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Norco Group Limited
Corporate parent · holds 75-100% shares
⬇
NORCO ENERGY LIMITED
This company · SC224324
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 |
|---|---|---|---|---|
Norco Group Limited Corporate entity | 75–100% | — | 75-100% shares | 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
Active · Holding company · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NORTH CRAIGIEFORD LTD→ SC642546 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| PLOYS LIMITED→ SC196178 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| PROSERV HOLDINGS LIMITED→ SC422966 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| REDLEARN LIMITED→ SC529294 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| REDWOOD PARK INVESTMENTS LIMITED→ SC837295 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| RELOCATION SCOTLAND LIMITED→ SC317543 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| REQUIP HOLDINGS LIMITED→ SC815514 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| RESONANCE BRITISH WIND SOUTH WEST LIMITED→ SC709702 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| RESONANCE MELROSE WIND LIMITED→ SC705626 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| REVATHI PROPERTY LTD→ SC800332 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| RICHARD IRVIN FABRICATIONS LIMITED→ SC063804 · est 1978 · no financials extracted | — | — | — | — | 48y | — | — |
| RIGNET UK HOLDINGS LIMITED→ SC419678 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated2001-10-17
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
Norco House Units 3-6 Pitmedden Road
Dyce
Aberdeen
AB21 0DT
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-31
Last: 2025-10-17
Officers (2 active · 9 resigned)
BLACKADDERS LLP→
Activecorporate-secretary · appointed 2013-02-01
View their other companies + combined net worth →
Active
MACKAY, Claire→
Resignedsecretary · appointed 2006-05-22 · resigned 2009-11-18
NORCO GROUP LIMITED→
Resignedcorporate-secretary · appointed 2005-09-30 · resigned 2006-05-22
NPM INVESTMENTS LIMITED→
Resignedcorporate-secretary · appointed 2004-04-29 · resigned 2005-09-30
STRONACHS→
Resignedcorporate-nominee-secretary · appointed 2001-10-17 · resigned 2004-04-29
STRONACHS SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2009-12-06 · resigned 2013-01-31
PARK, Stephen William→
Resigneddirector · ~63y · appointed 2001-10-24 · resigned 2009-12-06
RENNIE, David Alan→
Resignednominee-director · ~73y · appointed 2001-10-17 · resigned 2001-10-24
SHARP, Ian Robert→
Resigneddirector · ~76y · appointed 2009-12-06 · resigned 2021-08-19
TOMBLESON, Walter→
Resigneddirector · ~72y · appointed 2009-12-06 · resigned 2018-07-27
Click a director name to see their full track record across all companies.
Recent filings (79 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-02
termination-director-company-with-name-termination-date
officers · TM01
2021-08-31
appoint-person-director-company-with-name-date
officers · AP01
2021-08-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-05