GREENSPAN ELECTRIC ST. FERGUS LIMITED

🌳Matureactive
SC366660 · ltd · incorporated 2009-10-12
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 14.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£228.8k
book net assets
Opportunity
82/100
Exceptional
🔔
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 exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 14.1y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 14.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
43 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 £228,839
Net assets shrinking
Down £1,187,362 YoY
Cash YoY
+57%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£123k
↑ 57% YoY
Net Worth
£229k
↓ 84% YoY
Current Assets
£2.4m
↓ 27% YoY
Current Liabilities
—
£0£669k£1.3m£2.0m£2.7m£3.3mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£1.48M£2.62M
Current assets£2.44M£3.34M
Cash£123.3k£78.7k
Debtors£2.32M£3.27M
Net assets£228.8k£1.42M

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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-01-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2018-12-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2018-01-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2017-01-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2016-04-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-12-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2015-03-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-02-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2014-12-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2014-10-27
    ➖
    BURNETT & REID LLP resigned
    corporate-secretary
  17. 2012-10-01
    ➕
    BURNETT & REID LLP appointed
    corporate-secretary
  18. 2012-09-30
    ➖
    BURNETT & REID resigned
    corporate-secretary
  19. 2012-06-07
    🔒
    Charge registered #2
    Lender: Triodos Bank Nv
  20. 2012-03-28
    🔒
    Charge registered #1
    Lender: Triodos Bank N.V.
  21. 2009-10-12
    🏢
    Company incorporated
    As GREENSPAN ELECTRIC ST. FERGUS LIMITED
  22. 2009-10-12
    ➕
    MACKIE, Claire Anne appointed
    director
  23. 2009-10-12
    ➕
    MACKIE, Grant Stephen appointed
    director
  24. 2009-10-12
    ➕
    BURNETT & REID appointed
    corporate-secretary

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 59 — 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 59. 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.)

Group structure

Greenspan Energy Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Greenspan Energy Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
GREENSPAN ELECTRIC ST. FERGUS LIMITED
This company · SC366660

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Greenspan Energy Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
Mr Grant Stephen Mackie
Individual · British · DOB 02/1967 · age 59
——board controlboard control06/04/2016

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 · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
NEERTEC UK LTD→
SC812728 · est 2024 · no financials extracted
————1y——
NIDDRY BING LIMITED→
SC241521 · est 2002 · no financials extracted
————23y——
NLEI LTD→
SC511747 · est 2015 · no financials extracted
————10y——
NWH GROUP LIMITED→
SC335165 · est 2007 · no financials extracted
————18y——
ONE DESIGN ELECTRICAL LTD→
SC706576 · est 2021 · no financials extracted
————4y——
ORIGIN U.K. LIMITED→
SC558798 · est 2017 · no financials extracted
————9y——
PARK FARM RENEWABLES LTD→
SC461991 · est 2013 · no financials extracted
————12y——
PENCAITLAND NET ZERO LIMITED→
SC798222 · est 2024 · no financials extracted
————2y——
POINT ENERGY EM LIMITED→
SC609061 · est 2018 · no financials extracted
————7y——
POLWHAT RIG WINDFARM LIMITED→
SC149113 · est 1994 · no financials extracted
————32y——
PROGRESSIVE WASTE SOLUTIONS LTD→
SC600469 · est 2018 · no financials extracted
————7y——
QAIR SCOTLAND LIMITED→
SC705805 · est 2021 · no financials extracted
————4y——
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
Incorporated2009-10-12
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

6 Castle Street
Edinburgh
EH2 3AT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22

Officers (2 active · 2 resigned)

MACKIE, Claire Anne→
director · ~55y · appointed 2009-10-12
View their other companies + combined net worth →
Active
MACKIE, Grant Stephen→
director · ~59y · appointed 2009-10-12
View their other companies + combined net worth →
Active
BURNETT & REID→
corporate-secretary · appointed 2009-10-12 · resigned 2012-09-30
Resigned
BURNETT & REID LLP→
corporate-secretary · appointed 2012-10-01 · resigned 2014-10-27
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Triodos Bank Nv
Standard security1 property07/06/2012—
outstanding
Triodos Bank N.V.
Bond & floating charge1 property28/03/2012—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-25
accounts-with-accounts-type-small
accounts · AA
2020-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-06