TETRO ENERGY LIMITED

🌳Matureactive

SC233931 · ltd · incorporated 2002-07-09

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

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 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 16.6y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 16.6 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

6 officers (3 active, 6 linked, 3 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

64 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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

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 · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	2	200

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-11-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-04
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2017-12-01
🔒
Charge registered #4
Lender: The Co-Operative Bank P.L.C.
2016-11-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-01
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2015-08-27
🔒
Charge registered #3
Lender: The Cooperative Bank PLC
2015-07-23
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-10-16
🔒
Charge registered #2
Lender: Co-Operative Bank PLC
2009-10-12
🔒
Charge registered #1
Lender: Co-Operative Bank PLC
2008-12-01
➕
DAVIS, Michael, Dr appointed
director
2008-12-01
➖
WILLIAMS, Linsy Lea resigned
director
2002-07-09
🏢
Company incorporated
As TETRO ENERGY LIMITED
2002-07-09
➕
DAVIS, Bridget Louise appointed
secretary
2002-07-09
➕
DAVIS, Bridget Louise appointed
director
2002-07-09
➕
ACS SECRETARIES LIMITED appointed
corporate-nominee-secretary
2002-07-09
➖
ACS SECRETARIES LIMITED resigned
corporate-nominee-secretary
2002-07-09
➕
WILLIAMS, Linsy Lea appointed
director
2002-07-09
➕
ACS NOMINEES LIMITED appointed
corporate-nominee-director
2002-07-09
➖
ACS NOMINEES 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 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100

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 66. 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 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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Bridget Louise Davis Individual · British · DOB 01/1966 · age 60	25–50%	—	25-50% shares	01/07/2016

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 · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
EIS WASTE SERVICES LIMITED→ SC254990 · est 2003	£25.56M £18.40M–£32.71M	£17.10M	—	11200	22y	83	53y
4L ENERGY LIMITED→ SC366919 · est 2009	—	—	£3.79M	—	16y	83	77y
CASTLE OF AUCHRY WINDFARM LIMITED→ SC364080 · est 2009	—	—	£1.41M	—	16y	83	67y
BENZIES RENEWABLE POWER LTD.→ SC352727 · est 2008	—	—	£3.02M	—	17y	82	70y
BRUXIEHILL WIND ENERGY LIMITED→ SC347146 · est 2008	—	—	£1.83M	—	17y	82	62y
GREEN FUTURE FARMS LIMITED→ SC372839 · est 2010	—	—	£2.15M	—	16y	82	59y
HERSCHA WIND ENERGY LIMITED→ SC333209 · est 2007	—	—	—	0	18y	82	69y
MEMSIE RENEWABLES LTD.→ SC378551 · est 2010	—	—	£115.9k	—	15y	82	86y
MUIRDEN 1 LIMITED→ SC372838 · est 2010	—	—	£11.38M	—	16y	82	84y
MULBEN ENERGY LIMITED→ SC395010 · est 2011	—	—	—	0	15y	82	74y
ORKAN LIMITED→ SC395126 · est 2011	—	—	—	0	15y	82	64y
RORA RENEWABLE ENERGY LIMITED→ SC395947 · est 2011	—	—	—	200	15y	82	62y

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

🔒Tailored diligence questions

8 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

Incorporated2002-07-09

Jurisdictionscotland

Primary SIC35110 — SIC 35110

Registered office

Foudland View

West Knockenbaird Farm

Insch

Aberdeenshire

AB52 6TN

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-07-23

Last: 2025-07-09

Officers (3 active · 3 resigned)

DAVIS, Bridget Louise→

secretary · appointed 2002-07-09

View their other companies + combined net worth →

Active

DAVIS, Bridget Louise→

director · ~60y · appointed 2002-07-09

View their other companies + combined net worth →

Active

DAVIS, Michael, Dr→

director · ~66y · appointed 2008-12-01

View their other companies + combined net worth →

Active

ACS SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2002-07-09 · resigned 2002-07-09

Resigned

WILLIAMS, Linsy Lea→

director · ~76y · appointed 2002-07-09 · resigned 2008-12-01

Resigned

ACS NOMINEES LIMITED→

corporate-nominee-director · appointed 2002-07-09 · resigned 2002-07-09

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
outstanding	Co-operative Bank The Co-Operative Bank P.L.C.	A registered charge	—	01/12/2017	—
outstanding	Co-operative Bank The Cooperative Bank PLC	A registered charge	—	27/08/2015	—
outstanding	Co-operative Bank Co-Operative Bank PLC	Standard security	1 property	16/10/2009	—
outstanding	Co-operative Bank Co-Operative Bank PLC	Bond & floating charge	1 property	12/10/2009	—

Click column headers to sort. Use filters above to narrow by status and lender.