NORTENERGY LIMITED

🌳Matureactive
SC370600 · ltd · incorporated 2009-12-30
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
81/100
Exceptional
🔔
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
6 officers (4 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
90
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 employees5500

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
4
filings
  • • 2 officers
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-01-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-01-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-06-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-06-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2024-12-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-11-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-11-12
    ➕
    IRVINE, Douglas Arthur appointed
    director
  10. 2024-02-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-06-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2023-06-27
    ➖
    MAINLAND, Raymond William resigned
    director
  14. 2022-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-10-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-09-30
    ➖
    BALFOUR, Stuart Thomas resigned
    director
  17. 2022-03-03
    📄
    capital-allotment-shares
    capital · SH01
  18. 2021-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-09-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2020-09-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2020-08-10
    ➕
    HAY, Maree appointed
    director
  23. 2020-07-13
    ➕
    MAINLAND, Raymond William appointed
    director
  24. 2016-11-03
    ➕
    BALFOUR, Stuart Thomas appointed
    director
  25. 2009-12-30
    🏢
    Company incorporated
    As NORTENERGY LIMITED
  26. 2009-12-30
    ➕
    RATTER, William Andrew appointed
    director
  27. 2009-12-30
    ➕
    ROBERTS, Margaret Inez appointed
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 16 years.
  • 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

Northmavine Community Development Company is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Northmavine Community Development Company
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
NORTENERGY LIMITED
This company · SC370600

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
Northmavine Community Development Company
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
Incorporated2009-12-30
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

Polycrub Hq
Ollaberry
Shetland
ZE2 9RU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-13
Last: 2025-12-30

Officers (4 active · 2 resigned)

HAY, Maree→
director · ~58y · appointed 2020-08-10
View their other companies + combined net worth →
Active
IRVINE, Douglas Arthur→
director · ~65y · appointed 2024-11-12
View their other companies + combined net worth →
Active
RATTER, William Andrew→
director · ~74y · appointed 2009-12-30
View their other companies + combined net worth →
Active
ROBERTS, Margaret Inez→
director · ~64y · appointed 2009-12-30
View their other companies + combined net worth →
Active
BALFOUR, Stuart Thomas→
director · ~58y · appointed 2016-11-03 · resigned 2022-09-30
Resigned
MAINLAND, Raymond William→
director · ~60y · appointed 2020-07-13 · resigned 2023-06-27
Resigned

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

Recent filings (50 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-08
change-person-director-company-with-change-date
officers · CH01
2026-01-07
change-person-director-company-with-change-date
officers · CH01
2026-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
change-person-director-company-with-change-date
officers · CH01
2025-06-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-09
change-person-director-company-with-change-date
officers · CH01
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
appoint-person-director-company-with-name-date
officers · AP01
2024-11-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
termination-director-company-with-name-termination-date
officers · TM01
2023-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-06