LAIRG WINDFARM LIMITED

🌳Matureactive
SC288939 · ltd · incorporated 2005-08-16
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
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
—
not disclosed
Net worth
—
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 76/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

12 live charges · 7 lenders · oldest 15.5y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 15.5 years old — likely at or near maturity.
  • · 7 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: low (48/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
14 officers (3 active, 14 linked, 10 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

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 (56 events)Click to expand
  1. 2025-07-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-09-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-08-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2022-08-04
    ➕
    THIBAULT, Hugues appointed
    secretary
  5. 2022-08-04
    ➖
    HENDERSON, Derek resigned
    secretary
  6. 2022-08-04
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2022-08-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2022-06-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2022-03-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-06-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2020-06-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2019-11-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2019-11-05
    🔒
    Charge registered #12
    Lender: Commerzbank Aktiengesellschaft, Luxembourg Branch as Security Agent
  14. 2019-06-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2019-01-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-11-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2018-11-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2018-11-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2018-11-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2018-11-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2018-11-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2018-11-05
    🔒
    Charge registered #7
    Lender: Commerzbank Aktiengesellschaft, Luxembourg Branch (As Security Agent)
  23. 2018-10-30
    🔒
    Charge registered #11
    Lender: Commerzbank Aktiengesellschaft, Luxembourg Branch
  24. 2018-10-30
    🔒
    Charge registered #10
    Lender: Commerzbank Aktiengesellschaft, Luxembourg Branch
  25. 2018-10-30
    🔒
    Charge registered #9
    Lender: Commerzbank Aktiengesellschaft, Luxembourg Branch (As Security Agent)
  26. 2018-10-30
    🔒
    Charge registered #8
    Lender: Commerzbank Aktiengesellschaft, Luxembourg Branch (As Security Agent)
  27. 2018-10-30
    🔒
    Charge registered #6
    Lender: Commerzbank Aktiengesellschaft, Acting Through Its Luxembourg Branch (As Security Agent)
  28. 2018-10-30
    🔒
    Charge registered #5
    Lender: Commerzbank Aktiengesellschaft, Acting Through Its Luxembourg Branch (As Security Agent)
  29. 2017-06-15
    ➕
    HENDERSON, Derek appointed
    secretary
  30. 2017-06-15
    ➖
    DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED resigned
    corporate-secretary
  31. 2017-03-13
    ➕
    LEVIE, Duncan Andrew appointed
    director
  32. 2017-03-13
    ➕
    ROUER, Barthélémy Benoit Clément appointed
    director
  33. 2017-03-13
    ➖
    AHN, Jochen, Dr resigned
    director
  34. 2017-03-13
    ➖
    BOCKHOLT, Matthias resigned
    director
  35. 2017-03-13
    ➖
    HOLLINGER, Andreas resigned
    director
  36. 2014-10-02
    ➖
    BRAUND, Matthew Michael Charles resigned
    director
  37. 2012-12-12
    ➕
    BRAUND, Matthew Michael Charles appointed
    director
  38. 2011-11-17
    🔒
    Charge registered #4
    Lender: Commerzbank Aktingesellschaft
  39. 2010-12-21
    🔒
    Charge registered #2
    Lender: Commerz Aktiengesellschaft
  40. 2010-12-16
    🔒
    Charge registered #3
    Lender: Commerzbank Aktiengesellschaft
  41. 2010-12-16
    🔒
    Charge registered #1
    Lender: Commerzbank Aktiengesellschaft
  42. 2010-11-18
    ➕
    BOCKHOLT, Matthias appointed
    director
  43. 2010-11-18
    ➕
    HOLLINGER, Andreas appointed
    director
  44. 2010-11-02
    ➕
    AHN, Jochen, Dr appointed
    director
  45. 2010-11-02
    ➖
    KUHRT, Christoph resigned
    director
  46. 2010-11-02
    ➖
    WEDEL, Karl-Georg Graf Von resigned
    director
  47. 2008-10-02
    ➕
    DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED appointed
    corporate-secretary
  48. 2008-10-02
    ➖
    WPS HOLDINGS(UK)LIMITED resigned
    corporate-secretary
  49. 2008-03-12
    ➖
    TAYLOR, David George Lucian resigned
    director
  50. 2006-09-14
    ➕
    WEDEL, Karl-Georg Graf Von appointed
    director
Showing most recent 50 of 56 events

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 low
12 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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 · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CATCHMENT TAY LIMITED→
SC186492 · est 1998
£33.06M
£23.80M–£42.31M
——027y8061y
NWH GROUP LIMITED→
SC335165 · est 2007
£11.16M
£8.04M–£14.29M
——3560018y8461y
DALTON GROUP LIMITED→
SC088385 · est 1984
£6.78M
£4.88M–£8.68M
——650041y8239y
AW JENKINSON (WOODWASTE) LIMITED→
SC166685 · est 1996
£2.98M
£2.14M–£3.81M
£11.23M—360029y8564y
ANNAT BURN HYDRO LIMITED→
SC492807 · est 2014
£1.62M
£1.17M–£2.08M
——011y8074y
BENMORE ESTATE LIMITED→
SC192048 · est 1998
——£18.74M—27y8366y
BINN RENEWABLE ENERGY LIMITED→
SC375446 · est 2010 · no financials extracted
————16y8381y
CALEDONIAN ALLOYS LIMITED→
SC162625 · est 1996 · no financials extracted
————30y8371y
HOME BASICS (TWEEDDALE) COMPANY LIMITED→
SC234746 · est 2002 · no financials extracted
————23y8379y
AAIRECOOL TECHNICAL SERVICES LIMITED→
SC135544 · est 1991
———734y8272y
ELIOCK HYDRO ELECTRIC COMPANY LIMITED→
SC133236 · est 1991
———10034y8268y
FORTH RESOURCE MANAGEMENT LIMITED→
SC229855 · est 2002
———5424y8264y
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
Incorporated2005-08-16
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

C/O Brodies Llp Capital Square
58 Morrison Street
Edinburgh
EH3 8BP

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-27
Last: 2025-08-13

Officers (3 active · 11 resigned)

THIBAULT, Hugues→
secretary · appointed 2022-08-04
View their other companies + combined net worth →
Active
LEVIE, Duncan Andrew→
director · ~63y · appointed 2017-03-13
View their other companies + combined net worth →
Active
ROUER, Barthélémy Benoit Clément→
director · ~49y · appointed 2017-03-13
View their other companies + combined net worth →
Active
HENDERSON, Derek→
secretary · appointed 2017-06-15 · resigned 2022-08-04
Resigned
DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED→
corporate-secretary · appointed 2008-10-02 · resigned 2017-06-15
Resigned
WPS HOLDINGS(UK)LIMITED→
corporate-secretary · appointed 2005-08-16 · resigned 2008-10-02
Resigned
AHN, Jochen, Dr→
director · ~66y · appointed 2010-11-02 · resigned 2017-03-13
Resigned
BOCKHOLT, Matthias→
director · ~60y · appointed 2010-11-18 · resigned 2017-03-13
Resigned
BRAUND, Matthew Michael Charles→
director · ~54y · appointed 2012-12-12 · resigned 2014-10-02
Resigned
HOLLINGER, Andreas→
director · ~60y · appointed 2010-11-18 · resigned 2017-03-13
Resigned
KUHRT, Christoph→
director · ~70y · appointed 2005-08-16 · resigned 2010-11-02
Resigned
SMALL, Christopher William Frederick→
director · ~66y · appointed 2005-08-16 · resigned 2005-09-30
Resigned
TAYLOR, David George Lucian→
director · ~69y · appointed 2005-08-16 · resigned 2008-03-12
Resigned
WEDEL, Karl-Georg Graf Von→
director · ~70y · appointed 2006-09-14 · resigned 2010-11-02
Resigned

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

Mortgages & charges

12
Total charges
12
Outstanding
7
Active lenders
Status:Lender:12 of 12 shown
TypeProperties
outstanding
Commerzbank Aktiengesellschaft, Luxembourg Branch as Security Agent
A registered charge1 property05/11/2019—
outstanding
Commerzbank Aktiengesellschaft, Luxembourg Branch (As Security Agent)
A registered charge1 property05/11/2018—
outstanding
Commerzbank Aktiengesellschaft, Luxembourg Branch
A registered charge—30/10/2018—
outstanding
Commerzbank Aktiengesellschaft, Luxembourg Branch
A registered charge—30/10/2018—
outstanding
Commerzbank Aktiengesellschaft, Luxembourg Branch (As Security Agent)
A registered charge1 property30/10/2018—
outstanding
Commerzbank Aktiengesellschaft, Luxembourg Branch (As Security Agent)
A registered charge1 property30/10/2018—
outstanding
Commerzbank Aktiengesellschaft, Acting Through Its Luxembourg Branch (As Security Agent)
A registered charge1 property30/10/2018—
outstanding
Commerzbank Aktiengesellschaft, Acting Through Its Luxembourg Branch (As Security Agent)
A registered charge1 property30/10/2018—
outstanding
Commerzbank Aktingesellschaft
Assignation in security1 property17/11/2011—
outstanding
Commerz Aktiengesellschaft
Standard security1 property21/12/2010—
outstanding
Commerzbank Aktiengesellschaft
Assignation in security1 property16/12/2010—
outstanding
Commerzbank Aktiengesellschaft
Bond & floating charge1 property16/12/2010—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (89 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-19
accounts-with-accounts-type-small
accounts · AA
2025-07-22
accounts-with-accounts-type-small
accounts · AA
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-13
accounts-with-accounts-type-small
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-17
appoint-person-secretary-company-with-name-date
officers · AP03
2022-08-04
termination-secretary-company-with-name-termination-date
officers · TM02
2022-08-04
accounts-with-accounts-type-small
accounts · AA
2022-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-31
accounts-with-accounts-type-small
accounts · AA
2021-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-01
accounts-with-accounts-type-small
accounts · AA
2020-06-23