GILES RENEWABLES LIMITED

🌳Matureactive

SC381483 · ltd · incorporated 2010-07-06

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

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

—

year to Mar 2025

Net worth

£1.18M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -79% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 15.2y

30/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 15.2 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (71/100)

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

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

Lenders & charges

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

Directors & officers

8 officers (6 active, 8 linked, 6 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

2 connected companies via shared directors

Filing history

48 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £1,175,580

Cash draining

Cash down 79% YoY

Cash YoY

-79%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£257k

↓ 79% YoY

Net Worth

£1.2m

↑ 28% YoY

Current Assets

£412k

↓ 78% YoY

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
Total assets	£1.68M	£1.73M
Current assets	£412.4k	£1.85M
Cash	£257.0k	£1.20M
Debtors	£155.4k	£644.9k
Net assets	£1.18M	£917.8k

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2025-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-19
📍
change-sail-address-company-with-old-address-new-address
address · AD02
2024-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-16
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-05
🔒
Charge registered #2
Lender: Clydesdale Bank PLC (Trading as Virgin Money)
2023-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-03-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-03-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-02-01
➕
GIBSON, Greg Alexander appointed
director
2018-02-01
➕
GIBSON, Ian Eric appointed
director
2018-02-01
➕
GIBSON, Scott John appointed
director
2017-09-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2011-05-06
🔒
Charge registered #1
Lender: Clydesdale Bank PLC
2010-07-06
🏢
Company incorporated
As GILES RENEWABLES LIMITED
2010-07-06
➕
GIBSON, Lorna Jane appointed
secretary
2010-07-06
➕
GIBSON, Eric Henry appointed
director
2010-07-06
➕
GIBSON, Lorna Jane appointed
director
2010-07-06
➕
BRIAN REID LTD. appointed
corporate-secretary
2010-07-06
➖
BRIAN REID LTD. resigned
corporate-secretary
2010-07-06
➕
MABBOTT, Stephen George appointed
director
2010-07-06
➖
MABBOTT, Stephen George resigned
director

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

-5 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 69 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 16 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.)

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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ACUMEN FINANCIAL PLANNING LIMITED→ SC215343 · est 2001	—	—	£1.05M	—	25y	83	74y
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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.

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Company details

Statusactive

Typeltd

Incorporated2010-07-06

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Craigmill

Maud

Peterhead

AB42 4PZ

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-06-21

Last: 2026-06-07