GLENBERVIE WIND LTD
💤Zombieactive
SC406238 · ltd · incorporated 2011-08-26
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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
73/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 73/100 (strong), bankability 70/100. Strong seller-intent signal (68/100, director aged 65). 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).
🏦
Refinance opportunity
12 live charges · oldest 12.7y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 12.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (59/100)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
0
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (46 events)Click to expand
- 2025-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-04-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-23🔓Charge satisfied #12
- 2024-10-23🔓Charge satisfied #1
- 2024-10-23🔓Charge satisfied #2
- 2024-07-16📄accounts-with-accounts-type-smallaccounts · AA
- 2023-12-14📄accounts-with-accounts-type-smallaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2022-07-12➕TURCAN CONNELL COMPANY SECRETARIES LIMITED appointedcorporate-secretary
- 2022-07-12📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2021-08-23📄accounts-with-accounts-type-smallaccounts · AA
- 2020-11-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-08-13📄accounts-with-accounts-type-smallaccounts · AA
- 2020-03-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-09-20📄accounts-with-accounts-type-smallaccounts · AA
- 2019-09-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-09-12🔒Charge registered #12Lender: Bank of Scotland PLC
- 2019-03-13➖WIDDOWSON, Fiona Susan resigneddirector
- 2018-12-05➖HARRISON, Iain Gordon resignedsecretary
- 2017-06-02➕HARRISON, Iain Gordon appointedsecretary
- 2016-09-30➖CRAWFORD, Douglas George resignedsecretary
- 2015-07-20➕CRAWFORD, Douglas George appointedsecretary
- 2015-07-20➖HOWITT, Raymond Angus resignedsecretary
- 2014-06-05🔒Charge registered #11Lender: Bank of Scotland PLC
- 2014-03-10🔒Charge registered #10Lender: Bank of Scotland PLC
- 2014-01-10🔒Charge registered #9Lender: Bank of Scotland PLC
- 2014-01-10🔒Charge registered #8Lender: Bank of Scotland PLC
- 2013-11-20🔒Charge registered #7Lender: Bank of Scotland PLC
- 2013-11-20🔒Charge registered #6Lender: Bank of Scotland PLC
- 2013-11-06🔒Charge registered #5Lender: Bank of Scotland PLC
- 2013-11-06🔒Charge registered #4Lender: Bank of Scotland PLC
- 2013-11-06🔒Charge registered #1Lender: Bank of Scotland PLC
- 2013-10-30🔒Charge registered #3Lender: Bank of Scotland PLC
- 2013-10-30🔒Charge registered #2Lender: Bank of Scotland PLC
- 2013-06-21➕MACPHIE, Alastair Charles Stewart appointeddirector
- 2013-06-21➖MACKINTOSH, Simon Aeneas resigneddirector
- 2013-06-21➕WIDDOWSON, Fiona Susan appointeddirector
- 2011-08-26🏢Company incorporatedAs GLENBERVIE WIND LTD
- 2011-08-26➕HOWITT, Raymond Angus appointedsecretary
- 2011-08-26➕MACKINTOSH, Simon Aeneas appointeddirector
Owner dependency
90/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Glenbervie Management Company is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Glenbervie Management Company
Corporate parent · holds 75-100% shares
⬇
GLENBERVIE WIND LTD
This company · SC406238
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 |
|---|---|---|---|---|
Glenbervie Management Company Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 12/09/2019 |
2 historic (ceased) PSCs
- Mr Alastair Charles Stewart Macphieceased 12/09/2021· 50-75% shares · 50-75% voting · board control
- Mrs Fiona Susan Widdowsonceased 12/09/2019· 25-50% shares · 25-50% voting
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 |
| AW JENKINSON (WOODWASTE) LIMITED→ SC166685 · est 1996 | £2.98M £2.14M–£3.81M | £11.23M | — | 3600 | 30y | 85 | 64y |
| BENMORE ESTATE LIMITED→ SC192048 · est 1998 | — | — | £18.74M | — | 27y | 83 | 66y |
| 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 |
| GREENSPAN ELECTRIC CAIRNMORE LIMITED→ SC357453 · est 2009 | — | — | £571.6k | — | 17y | 82 | 59y |
| GREENSPAN ELECTRIC ST. FERGUS LIMITED→ SC366660 · est 2009 | — | — | £228.8k | — | 16y | 82 | 59y |
| NIKKORD LIMITED→ SC085773 · est 1983 | — | — | — | 2 | 42y | 82 | 59y |
| SCOTTISH WATER BUSINESS STREAM LIMITED→ SC294924 · est 2005 · no financials extracted | — | — | — | — | 20y | 82 | 62y |
| STRATHMORE ESTATES DEVELOPMENT LIMITED→ SC266274 · est 2004 | — | — | — | 200 | 22y | 82 | 69y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2011-08-26
Jurisdictionscotland
Primary SIC35110 — SIC 35110
Registered office
C/O Turcan Connell Princes Exchange
1 Earl Grey Street
Edinburgh
Midlothian
EH3 9EE
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-09
Last: 2025-08-26
Officers (2 active · 5 resigned)
TURCAN CONNELL COMPANY SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2022-07-12
View their other companies + combined net worth →
MACPHIE, Alastair Charles Stewart→
Activedirector · ~65y · appointed 2013-06-21
View their other companies + combined net worth →
CRAWFORD, Douglas George→
Resignedsecretary · appointed 2015-07-20 · resigned 2016-09-30
HARRISON, Iain Gordon→
Resignedsecretary · appointed 2017-06-02 · resigned 2018-12-05
HOWITT, Raymond Angus→
Resignedsecretary · appointed 2011-08-26 · resigned 2015-07-20
MACKINTOSH, Simon Aeneas→
Resigneddirector · ~69y · appointed 2011-08-26 · resigned 2013-06-21
WIDDOWSON, Fiona Susan→
Resigneddirector · ~67y · appointed 2013-06-21 · resigned 2019-03-13
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
9
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 12/09/2019 | 23/10/2024 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 05/06/2014 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 10/03/2014 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 10/01/2014 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 10/01/2014 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 20/11/2013 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 20/11/2013 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/11/2013 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/11/2013 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/11/2013 | 23/10/2024 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 30/10/2013 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 30/10/2013 | 23/10/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (69 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-11
change-person-director-company-with-change-date
officers · CH01
2025-06-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-28
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-10
accounts-with-accounts-type-small
accounts · AA
2024-07-16
accounts-with-accounts-type-small
accounts · AA
2023-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-30
accounts-with-accounts-type-small
accounts · AA
2022-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-31
appoint-corporate-secretary-company-with-name-date
officers · AP04
2022-07-12