OUR HYDRO LIMITED

🌳Matureactive
SC367358 · ltd · incorporated 2009-10-23
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 12.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 84-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 84). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 12.9y

70/100
ready

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

  • · Oldest live charge is 12.9 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
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
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
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-05-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2019-05-30
    🔓
    Charge satisfied #1
  10. 2019-05-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2019-05-16
    🔒
    Charge registered #2
    Lender: Social Growth Fund LLP
  12. 2018-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-01-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-11-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-11-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2013-06-26
    🔒
    Charge registered #1
    Lender: Social Investment Scotland
  19. 2011-02-18
    ➕
    BARGE, Alastair Kenneth appointed
    director
  20. 2009-10-26
    ➕
    WATT, Lorna appointed
    secretary
  21. 2009-10-26
    ➕
    MACDONALD, John Scott appointed
    director
  22. 2009-10-26
    ➕
    NOBLE, Christina Campbell appointed
    director
  23. 2009-10-26
    ➖
    BURNESS LLP resigned
    corporate-secretary
  24. 2009-10-26
    ➖
    GRAY, Gary George resigned
    director
  25. 2009-10-26
    ➖
    BURNESS (DIRECTORS) LIMITED resigned
    corporate-director
  26. 2009-10-23
    🏢
    Company incorporated
    As OUR HYDRO LIMITED
  27. 2009-10-23
    ➕
    BURNESS LLP appointed
    corporate-secretary
  28. 2009-10-23
    ➕
    GRAY, Gary George appointed
    director
  29. 2009-10-23
    ➕
    BURNESS (DIRECTORS) LIMITED appointed
    corporate-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
  • 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

Here We Are is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Here We Are
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
OUR HYDRO LIMITED
This company · SC367358

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Here We Are
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board 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 →

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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
Incorporated2009-10-23
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Here We Are
Clachan
Cairndow
Argyll
PA26 8BL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-06
Last: 2025-10-23

Officers (4 active · 3 resigned)

WATT, Lorna→
secretary · appointed 2009-10-26
View their other companies + combined net worth →
Active
BARGE, Alastair Kenneth→
director · ~69y · appointed 2011-02-18
View their other companies + combined net worth →
Active
MACDONALD, John Scott→
director · ~76y · appointed 2009-10-26
View their other companies + combined net worth →
Active
NOBLE, Christina Campbell→
director · ~84y · appointed 2009-10-26
View their other companies + combined net worth →
Active
BURNESS LLP→
corporate-secretary · appointed 2009-10-23 · resigned 2009-10-26
Resigned
GRAY, Gary George→
director · ~56y · appointed 2009-10-23 · resigned 2009-10-26
Resigned
BURNESS (DIRECTORS) LIMITED→
corporate-director · appointed 2009-10-23 · resigned 2009-10-26
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Social Growth Fund
Social Growth Fund LLP
A registered charge—16/05/2019—
satisfied
Social Investment Scotland
A registered charge1 property26/06/201330/05/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (45 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2019-05-30