GLEN KINGLAS HYDRO LTD.

🌳Matureactive

SC232777 · ltd · incorporated 2002-06-14

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 18.2y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2025

Net worth

—

book net assets

Opportunity

83/100

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 75-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 75). 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

2 live charges · oldest 18.2y

65/100

clean up first

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

· Oldest live charge is 18.2 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: high (87/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

9 officers (6 active, 9 linked, 5 with DOB)

Ownership & PSC

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

Director network

7 connected companies via shared directors

Filing history

89 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

3 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	2025-12-31	2024-12-31	2023-12-31
Average employees	400	400	400

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-06-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-02
📄
memorandum-articles
incorporation · MA
2025-09-02
📄
resolution
resolution · RESOLUTIONS
2025-09-02
📄
capital-allotment-shares
capital · SH01
2025-03-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-08-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-07-12
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-07-12
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2016-12-06
➕
TURNBULL, Jonathan Michael appointed
secretary
2016-12-06
➖
JOHNSONS FINANCIAL MANAGEMENT LTD resigned
corporate-secretary
2016-03-11
➕
JOHNSONS FINANCIAL MANAGEMENT LTD appointed
corporate-secretary
2016-03-11
➖
SIMPSONS SECRETARIES LIMITED resigned
corporate-secretary
2014-02-14
➕
TURNBULL, Meredith Sarah Jane appointed
director
2014-02-14
➕
TURNBULL, Rosy Emily Grace appointed
director
2008-05-02
🔓
Charge satisfied #1
2008-04-16
🔒
Charge registered #1
Lender: Jonathan Michael Turnbull
2008-03-31
🔒
Charge registered #2
Lender: Jonathan Michael Turnbull
2006-12-01
➕
TURNBULL, Thomas Roy appointed
director
2002-06-14
🏢
Company incorporated
As GLEN KINGLAS HYDRO LTD.
2002-06-14
➕
TURNBULL, Jonathan Michael appointed
director
2002-06-14
➕
TURNBULL, Victoria appointed
director
2002-06-14
➕
CHETTLEBURGHS SECRETARIAL LTD appointed
corporate-nominee-secretary
2002-06-14
➖
CHETTLEBURGHS SECRETARIAL LTD resigned
corporate-nominee-secretary
2002-06-14
➕
SIMPSONS SECRETARIES LIMITED appointed
corporate-secretary

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-5 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.
+Founder age: Director aged approximately 75 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

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 75 years old. Natural succession window is now.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Jonathan Michael Turnbull Individual · British · DOB 02/1951 · age 75	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	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 · Energy & utilities · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ARDRISHAIG RENEWABLE ENERGIES LIMITED→ SC376535 · est 2010	—	—	—	400	16y	83	81y
G M S ENTERPRISES LTD.→ SC222533 · est 2001	—	—	—	200	24y	82	67y
OBAN SKIP HIRE LTD.→ SC271480 · est 2004	—	—	—	800	21y	82	67y
ACHNACREEBEAG ENERGY LIMITED→ SC380347 · est 2010	—	—	—	0	16y	81	67y
GROUP FOR RECYCLING IN ARGYLL AND BUTE TRUST LIMITED→ SC197229 · est 1999	—	—	—	900	26y	81	81y
ISLAY ENERGY TRUST→ SC285020 · est 2005 · no financials extracted	—	—	—	—	21y	81	79y
ARG ENTERPRISES LTD.→ SC293558 · est 2005	—	—	—	200	20y	80	67y
ARGYLL RESOURCES LIMITED→ SC335509 · est 2007	—	—	—	—	18y	80	67y
BELLHYDRO LIMITED→ SC405095 · est 2011	—	—	£222.5k	—	14y	80	63y
BRAEVALLICH HYDRO LIMITED→ SC383545 · est 2010	—	—	—	0	15y	80	86y
CMSI LIMITED→ SC235592 · est 2002 · no financials extracted	—	—	—	—	23y	80	65y
GIGHA RENEWABLE ENERGY LIMITED→ SC271618 · est 2004 · no financials extracted	—	—	—	—	21y	80	73y

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.

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Company details

Statusactive

Typeltd

Incorporated2002-06-14

Jurisdictionscotland

Primary SIC35110 — SIC 35110

Registered office

Strone

Cairndow

Argyll

PA26 8BQ

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-11-24

Last: 2025-11-10