PLANET RENEWABLES LTD

💤Zombieactive

SC393371 · ltd · incorporated 2011-02-11

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Feb 2025

Net worth

£42.2k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 33190

Sector: Manufacturing

ALSO REGISTERED FOR

70229Management consultancy activities other than financial management
74909Other professional, scientific and technical activities n.e.c.

Investor take

Pursue

Asset-holding vehicle with a 62-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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

Company profile

address, 3 SIC codes, incorporation date

100

Financials

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 1 with DOB)

Ownership & PSC

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

Director network

5 connected companies via shared directors

Filing history

31 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £42,160

Cash YoY

+5%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£39k

↑ 4.5% YoY

Net Worth

£42k

↑ 41% YoY

Current Assets

£56k

↑ 16% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
Total assets	£42.2k	£30.0k
Current assets	£55.6k	£47.9k
Cash	£38.8k	£37.1k
Debtors	£13.8k	£7.6k
Net assets	£42.2k	£30.0k

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

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2025-11-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-02-12
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2015-02-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-02-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-08-28
➕
GIBB, Russell Muir appointed
secretary
2011-02-11
🏢
Company incorporated
As PLANET RENEWABLES LTD
2011-02-11
➕
GIBB, Russell Muir appointed
director

Owner dependency

98/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

78/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 15 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Russell Muir Gibb Individual · Scottish · DOB 03/1964 · age 62	75–100%	—	75-100% shares	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.

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Similar companies

Active · Manufacturing · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
VERACITY UK LIMITED→ SC291812 · est 2005	£7.42M £5.77M–£9.06M	—	—	46	20y	85	70y
CHEMTEC UK LIMITED→ SC276983 · est 2004	£5.02M £3.90M–£6.13M	—	—	2300	21y	90	57y
GMSS HOLDINGS LIMITED→ SC478614 · est 2014	£2.25M £1.75M–£2.75M	—	—	0	11y	84	61y
AEROFORMA TECHNOLOGIES (NORTH) LIMITED→ SC123036 · est 1990	—	—	—	47	36y	83	75y
ATLAS (SCOTLAND) LIMITED→ SC260329 · est 2003	—	—	£583.3k	—	22y	83	66y
AYRSHIRE BLINDS LIMITED→ SC090647 · est 1984	—	—	£199.3k	—	41y	83	81y
BOAT ELECTRICS & ELECTRONICS LIMITED→ SC066331 · est 1978	—	—	£396.3k	—	47y	83	60y
BRODIE ENGINEERING LIMITED→ SC163999 · est 1996	—	—	—	9600	30y	83	60y
CAPITAL STEEL LIMITED→ SC275258 · est 2004	—	—	£1.45M	—	21y	83	70y
GIRARD INDUSTRIES EUROPE LIMITED→ SC101084 · est 1986	—	—	£389.5k	—	39y	83	73y
KENNEDYSMITH (PRESS) LIMITED→ SC186009 · est 1998	—	—	—	7200	27y	83	66y
ADELPHI ENGINEERING & CONSTRUCTION LIMITED→ SC185137 · est 1998	—	—	—	11	28y	82	65y

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

Incorporated2011-02-11

Jurisdictionscotland

Primary SIC33190 — SIC 33190

Registered office

5c Kelburn Street

Millport

Isle Of Cumbrae

North Ayrshire

KA28 0DT

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-02-06

Last: 2026-01-23

Officers (2 active · 0 resigned)

GIBB, Russell Muir→

secretary · appointed 2013-08-28

View their other companies + combined net worth →

Active

GIBB, Russell Muir→

director · ~62y · appointed 2011-02-11

View their other companies + combined net worth →

Active

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