BINN RENEWABLE ENERGY LIMITED

🌳Matureactive

SC375446 · ltd · incorporated 2010-03-24

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 steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 11.1y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

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

—

not disclosed

Net worth

—

book net assets

Opportunity

83/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 38110

Sector: Water supply & waste

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. 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 11.1y

70/100

ready

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

· Oldest live charge is 11.1 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (61/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

6 officers (5 active, 6 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

16 connected companies via shared directors

Filing history

77 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 4 other
• 2 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-01-11
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-01-11
📄
legacy
accounts · PARENT_ACC
2026-01-11
📄
legacy
other · GUARANTEE2
2026-01-11
📄
legacy
other · AGREEMENT2
2025-12-20
📄
legacy
other · GUARANTEE2
2025-12-20
📄
legacy
other · AGREEMENT2
2025-04-01
➕
MACGREGOR, Guy George Monce appointed
director
2025-04-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-03-27
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-09-04
📄
legacy
accounts · PARENT_ACC
2024-09-02
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-09-02
📄
legacy
other · GUARANTEE2
2024-09-02
📄
legacy
other · AGREEMENT2
2023-11-16
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-11-16
📄
legacy
accounts · PARENT_ACC
2023-11-16
📄
legacy
other · AGREEMENT2
2023-11-16
📄
legacy
other · GUARANTEE2
2023-01-20
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-01-20
📄
legacy
other · GUARANTEE2
2023-01-10
📄
legacy
accounts · PARENT_ACC
2023-01-10
📄
legacy
other · AGREEMENT2
2017-12-20
➕
SANDERSON, David Duncan appointed
director
2016-05-10
🔓
Charge satisfied #1
2016-04-01
🔒
Charge registered #2
Lender: Hsbc Bank PLC
2015-04-29
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2011-04-28
➕
GILLESPIE MACANDREW SECRETARIES LIMITED appointed
corporate-secretary
2011-04-28
➖
1924 NOMINEES LIMITED resigned
corporate-secretary
2010-03-25
➕
MACGREGOR, John Merchant appointed
director
2010-03-24
🏢
Company incorporated
As BINN RENEWABLE ENERGY LIMITED
2010-03-24
➕
MACGREGOR, Allan appointed
director
2010-03-24
➕
1924 NOMINEES LIMITED appointed
corporate-secretary

Owner dependency

73/100

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 81 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

33/100

Weak signal

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

SIGNALS

primaryFamily succession underway: Not a takeover target — MACGREGOR, Guy George Monce (same surname) appointed 2025-04-01. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 81 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

Binn Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Binn Group Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

BINN RENEWABLE ENERGY LIMITED

This company · SC375446

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%

Name	Shares	Voting rights	Nature of control	Notified
Binn Group Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CATCHMENT TAY LIMITED→ SC186492 · est 1998	£33.06M £23.80M–£42.31M	—	—	0	28y	80	61y
DALTON GROUP LIMITED→ SC088385 · est 1984	£6.78M £4.88M–£8.68M	—	—	6500	42y	82	39y
NWH GROUP LIMITED→ SC335165 · est 2007	£4.83M £3.48M–£6.18M	—	—	373	18y	84	61y
AW JENKINSON (WOODWASTE) LIMITED→ SC166685 · est 1996	£2.98M £2.14M–£3.81M	£11.23M	—	3600	29y	85	64y
ANNAT BURN HYDRO LIMITED→ SC492807 · est 2014	£1.62M £1.17M–£2.08M	—	—	0	11y	80	74y
BENMORE ESTATE LIMITED→ SC192048 · est 1998	—	—	£18.74M	—	27y	83	66y
CALEDONIAN ALLOYS LIMITED→ SC162625 · est 1996 · no financials extracted	—	—	—	—	30y	83	71y
HOME BASICS (TWEEDDALE) COMPANY LIMITED→ SC234746 · est 2002 · no financials extracted	—	—	—	—	23y	83	79y
AAIRECOOL TECHNICAL SERVICES LIMITED→ SC135544 · est 1991	—	—	—	7	34y	82	72y
ELIOCK HYDRO ELECTRIC COMPANY LIMITED→ SC133236 · est 1991	—	—	—	100	34y	82	68y
FORTH RESOURCE MANAGEMENT LIMITED→ SC229855 · est 2002	—	—	—	54	24y	82	64y
GREENSPAN ELECTRIC BALQUHINDACHY LIMITED→ SC357454 · est 2009	—	—	£753.6k	—	17y	82	59y

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

Incorporated2010-03-24

Jurisdictionscotland

Primary SIC38110 — SIC 38110

Registered office

5 Atholl Crescent

Edinburgh

Midlothian

EH3 8EJ

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-07

Last: 2026-03-24