GREENPOWER DEVELOPMENTS LTD.

🌳Matureactive
SC226528 · ltd · incorporated 2001-12-21
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
81/100
Exceptional
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 81/100 (exceptional), bankability 75/100. 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 (65/100).

Data confidence

Overall: high (82/100)

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
12 officers (7 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
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
£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 employees211700

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • 2 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-11-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-11-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-10-25
    MINTO, Paul appointed
    director
  8. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-05-25
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  11. 2021-05-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-03-27
    FORREST, Julie Alison appointed
    director
  14. 2020-03-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-01-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2020-01-06
    BAXTER, George appointed
    director
  17. 2019-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-07-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2018-06-27
    PARKIN, Philip Ian Boyce resigned
    director
  21. 2018-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2016-11-07
    EXTERNAL OFFICER LIMITED appointed
    corporate-secretary
  23. 2016-11-07
    MACFARLANE GRAY resigned
    corporate-secretary
  24. 2013-07-02
    SIMPSON, James Taylor appointed
    director
  25. 2013-07-02
    PARKIN, Philip Ian Boyce appointed
    director
  26. 2012-07-24
    MACKAY, Nicolas Kenneth John resigned
    director
  27. 2009-01-01
    MACKAY, Nicolas Kenneth John appointed
    director
  28. 2008-03-31
    MORGAN, John Andrew appointed
    director
  29. 2002-10-17
    FORREST, Julie Alison resigned
    secretary
  30. 2002-10-17
    MACFARLANE GRAY appointed
    corporate-secretary
  31. 2001-12-21
    🏢
    Company incorporated
    As GREENPOWER DEVELOPMENTS LTD.
  32. 2001-12-21
    FORREST, Robert John appointed
    director
  33. 2001-12-21
    FORREST, Julie Alison appointed
    secretary
  34. 2001-12-21
    IGP CORPORATE NOMINEES LTD appointed
    corporate-nominee-secretary
  35. 2001-12-21
    IGP CORPORATE NOMINEES LTD resigned
    corporate-nominee-secretary

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primary20+ year tenure: Director in role 24 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.)

Group structure

Greenpower (International) Ltd. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Greenpower (International) Ltd.
Corporate parent · holds 75-100% shares
ultimate parent
GREENPOWER DEVELOPMENTS LTD.
This company · SC226528

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
Greenpower (International) Ltd.
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2001-12-21
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

The E-Centre
Cooperage Way
Alloa
Clackmannanshire
FK10 3LP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (7 active · 5 resigned)

EXTERNAL OFFICER LIMITED
corporate-secretary · appointed 2016-11-07
View their other companies + combined net worth →
Active
BAXTER, George
director · ~61y · appointed 2020-01-06
View their other companies + combined net worth →
Active
FORREST, Julie Alison
director · ~56y · appointed 2020-03-27
View their other companies + combined net worth →
Active
FORREST, Robert John
director · ~62y · appointed 2001-12-21
View their other companies + combined net worth →
Active
MINTO, Paul
director · ~62y · appointed 2023-10-25
View their other companies + combined net worth →
Active
MORGAN, John Andrew
director · ~62y · appointed 2008-03-31
View their other companies + combined net worth →
Active
SIMPSON, James Taylor
director · ~56y · appointed 2013-07-02
View their other companies + combined net worth →
Active
FORREST, Julie Alison
secretary · appointed 2001-12-21 · resigned 2002-10-17
Resigned
IGP CORPORATE NOMINEES LTD
corporate-nominee-secretary · appointed 2001-12-21 · resigned 2001-12-21
Resigned
MACFARLANE GRAY
corporate-secretary · appointed 2002-10-17 · resigned 2016-11-07
Resigned
MACKAY, Nicolas Kenneth John
director · ~60y · appointed 2009-01-01 · resigned 2012-07-24
Resigned
PARKIN, Philip Ian Boyce
director · ~71y · appointed 2013-07-02 · resigned 2018-06-27
Resigned

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

Recent filings (82 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
change-person-director-company-with-change-date
officers · CH01
2025-11-06
change-person-director-company-with-change-date
officers · CH01
2025-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
appoint-person-director-company-with-name-date
officers · AP01
2023-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
second-filing-of-director-appointment-with-name
officers · RP04AP01
2021-05-25
change-person-director-company-with-change-date
officers · CH01
2021-05-24