BELLHYDRO LIMITED

🌳Matureactive
SC405095 · ltd · incorporated 2011-08-10
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 9.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£210.2k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · oldest 9.6y

85/100
ready

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

  • · Oldest live charge is 9.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £210,179

Key financials

2 years extracted from filed iXBRL accounts
Cash
£45k
Net Worth
£210k
Current Assets
£289k
Current Liabilities
—
£0£58k£116k£174k£232k£289kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£215.8k—
Current assets£289.4k—
Cash£45.4k—
Debtors£244.1k—
Net assets£210.2k—

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 (21 events)Click to expand
  1. 2025-06-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-01-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-04-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-02-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-05-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2020-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-11-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2019-10-16
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  9. 2019-03-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-04-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-06-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-10-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2016-10-04
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  14. 2016-09-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2016-09-27
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  16. 2016-01-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-09-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-06-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2011-08-10
    🏢
    Company incorporated
    As BELLHYDRO LIMITED
  20. 2011-08-10
    ➕
    MACKENZIE, Alister appointed
    director
  21. 2011-08-10
    ➕
    MACKENZIE, Elizabeth Ferguson appointed
    director

Owner dependency

79/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alister Mackenzie
Individual · British · DOB 10/1963 · age 63
25–50%
—25-50% shares06/04/2016
Mrs Elizabeth Ferguson Mackenzie
Individual · British · DOB 07/1964 · age 62
25–50%
—25-50% shares06/04/2016

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
Incorporated2011-08-10
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Bell House Langhouse Road
Inverkip
Greenock
PA16 0DE

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-24
Last: 2025-08-10

Officers (2 active · 0 resigned)

MACKENZIE, Alister→
director · ~63y · appointed 2011-08-10
View their other companies + combined net worth →
Active
MACKENZIE, Elizabeth Ferguson→
director · ~62y · appointed 2011-08-10
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property16/10/2019—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property04/10/2016—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—27/09/2016—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-03-21