AYRENERGY LIMITED

🌳Matureactive
SC363794 · ltd · incorporated 2009-08-10
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 opening · medium confidence
More negotiable than before — 1 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 85
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

Picture worsened over the last 30 days — 1 negative signal vs 0 positive.

  • ↓Hygiene score: 90 → 85
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 Aug 2025
Net worth
£4.24M
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
Asset-holding vehicle with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 13.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 13.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (85/100)

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
95
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £4,235,230
Cash YoY
-24%
Year on year

Key financials

3 years extracted from filed iXBRL accounts
Cash
£1.2m
↓ 24% YoY
Net Worth
£4.2m
↑ 13% YoY
Current Assets
£2.9m
↑ 23% YoY
Current Liabilities
—
£0£847k£1.7m£2.5m£3.4m£4.2mAug 2023Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-312023-08-31
Total assets£4.64M£4.18M£4.43M
Current assets£2.94M£2.40M£2.78M
Cash£1.24M£1.63M£2.09M
Debtors£1.70M£762.8k£694.0k
Net assets£4.24M£3.73M£2.55M

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

🔒Filing-note intelligence

2 signals 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
2
filings
  • • 1 officers
  • • 1 persons-with-significant-control
Last 90 days
3
filings
  • • 1 officers
  • • 1 persons-with-significant-control
  • • 1 accounts
Last 180 days
3
filings
  • • 1 officers
  • • 1 persons-with-significant-control
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-06-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-06-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2026-02-14
    ➖
    KIRKNESS, William John Harvey resigned
    director
  5. 2025-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-04-10
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  7. 2025-04-10
    📄
    capital-name-of-class-of-shares
    capital · SH08
  8. 2025-04-07
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2025-04-01
    📄
    memorandum-articles
    incorporation · MA
  10. 2024-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-05-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2024-05-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2024-05-09
    🔓
    Charge satisfied #2
  14. 2024-05-09
    🔓
    Charge satisfied #1
  15. 2023-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-12-23
    📄
    capital-cancellation-shares
    capital · SH06
  20. 2019-12-10
    📄
    capital-return-purchase-own-shares
    capital · SH03
  21. 2019-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2012-12-19
    🔒
    Charge registered #2
    Lender: Triodos Bank N.V.
  23. 2012-10-11
    🔒
    Charge registered #1
    Lender: Triodos Bank N.V.
  24. 2012-04-16
    ➕
    KIRKNESS, William John Harvey appointed
    director
  25. 2009-08-10
    🏢
    Company incorporated
    As AYRENERGY LIMITED
  26. 2009-08-10
    ➕
    SKEA, Lynn Katriona appointed
    secretary
  27. 2009-08-10
    ➕
    SKEA, Lynn Katriona appointed
    director
  28. 2009-08-10
    ➕
    SKEA, Norman John appointed
    director

Owner dependency

84/100
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 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Norman John Skea
Individual · British · DOB 09/1966 · age 60
—25–50%25-50% voting06/04/2016
Mrs Lynn Katriona Skea
Individual · British · DOB 03/1965 · age 61
—25–50%25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr William John Harvey Kirknessceased 14/02/2026· significant influence

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
Incorporated2009-08-10
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Barns Of Ayre
Deerness
Orkney
KW17 2QJ

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-24
Last: 2025-08-10

Officers (3 active · 1 resigned)

SKEA, Lynn Katriona→
secretary · appointed 2009-08-10
View their other companies + combined net worth →
Active
SKEA, Lynn Katriona→
director · ~61y · appointed 2009-08-10
View their other companies + combined net worth →
Active
SKEA, Norman John→
director · ~60y · appointed 2009-08-10
View their other companies + combined net worth →
Active
KIRKNESS, William John Harvey→
director · ~80y · appointed 2012-04-16 · resigned 2026-02-14
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Triodos Bank N.V.
Standard security1 property19/12/201209/05/2024
satisfied
Triodos Bank N.V.
Bond & floating charge1 property11/10/201209/05/2024

Recent filings (53 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-06-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-26
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-04-10
capital-name-of-class-of-shares
capital · SH08
2025-04-10
resolution
resolution · RESOLUTIONS
2025-04-07
memorandum-articles
incorporation · MA
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-10
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-29