HOY ENERGY LIMITED

💤Zombieactive

SC365871 · ltd · incorporated 2009-09-22

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

Why now

Window steady · high confidence

Thesis has shifted recently — watch for confirmation.

· Lifecycle stage: mature → zombie
· Investment thesis: unclassified → zombie_hold
· Opportunity score: 83 → 70
· Hygiene score: 90 → 80

Opportunity decay

drifting distress · 6-months

Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.

· Lifecycle stage drifting downward
· Currently "zombie"

What changed my view

Last 30 days

Mixed signals in the last 30 days — 2 improved, 4 worsened.

↓Lifecycle stage: mature → zombie
·Investment thesis: unclassified → zombie_hold
↓Opportunity score: 83 → 70
↓Hygiene score: 90 → 80
↑Live charges: 3 → 0
+3 more

Last 90 days

Mixed signals in the last 90 days — 2 improved, 4 worsened.

↓Lifecycle stage: mature → zombie
·Investment thesis: unclassified → zombie_hold
↓Opportunity score: 83 → 70
↓Hygiene score: 90 → 80
↑Live charges: 3 → 0
+3 more

Last 180 days

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

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

70/100

Strong

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What this business does

Primary activity: SIC 35110

Sector: Electricity, gas & energy

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (47/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

No charge records returned

Directors & officers

No officers data

Ownership & PSC

No PSC data returned

Director network

Network not yet resolved

Filing history

No filing history

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

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 · FRS 102

Metric	2025-03-31	2024-03-31
Average employees	7	700

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 →

Corporate timeline (1 events)Click to expand

2009-09-22
🏢
Company incorporated
As HOY ENERGY LIMITED

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Similar companies

Active · Energy & utilities · KW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AYRENERGY LIMITED→ SC363794 · est 2009	—	—	£4.24M	—	16y	82	61y
BURGAR HILL RENEWABLES LIMITED→ SC300971 · est 2006	—	—	£5.14M	—	20y	82	66y
ORKNEY RENEWABLE ENERGY LIMITED→ SC232619 · est 2002	—	—	—	6	24y	81	66y
THORKELL RENEWABLE ENERGY LIMITED→ SC365949 · est 2009	—	—	—	0	16y	81	66y
EVIE WIND ENERGY LIMITED→ SC329339 · est 2007	—	—	—	0	18y	80	64y
FLEX HILL LTD→ SC293396 · est 2005	—	—	£89.9k	—	20y	80	80y
HAMMARS HILL ENERGY LIMITED→ SC301103 · est 2006 · no financials extracted	—	—	—	—	20y	80	66y
MIDDLETON ENERGY LTD→ SC410244 · est 2011	—	—	£178.0k	—	14y	80	69y
ORKNEY ENERGY LIMITED→ SC434320 · est 2012	—	—	£632.7k	—	13y	80	77y
R BEGG ELECTRICAL SERVICES LIMITED→ SC349341 · est 2008	—	—	£53.0k	—	17y	80	66y
ROUSAY RENEWABLES LIMITED→ SC284120 · est 2005	—	—	£31.4k	—	21y	80	74y
SOURIN ENTERPRISES LTD→ SC400167 · est 2011	—	—	£25.5k	—	15y	80	77y

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.

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Company details

Statusactive

Typeltd

Incorporated2009-09-22

Jurisdictionscotland

Primary SIC35110 — SIC 35110

Registered office

Y M Community Hall

Longhope

Stromness

KW16 3PG

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-10-06

Last: 2025-09-22