GORMACK ENERGY LIMITED

🌳Matureactive
SC420181 · ltd · incorporated 2012-03-22
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 13.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£679.6k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
  • 43999Other specialised construction activities n.e.c.
Investor take
Pursue
Asset-holding vehicle with a 77-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (68/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 13.5y

85/100
ready

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

  • · Oldest live charge is 13.5 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
37 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 £679,596
Net assets shrinking
Down £62,097 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£680k
↓ 8.4% YoY
Current Assets
£377k
↓ 9.4% YoY
Current Liabilities
—
£0£148k£297k£445k£593k£742kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£706.8k£749.5k
Current assets£376.5k£415.4k
Net assets£679.6k£741.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-12-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2023-12-29
    🔓
    Charge satisfied #1
  6. 2022-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-04-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2019-04-15
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  12. 2018-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-12-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-04-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-12-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2012-11-05
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  18. 2012-03-23
    ➕
    HENDERSON, William appointed
    director
  19. 2012-03-22
    🏢
    Company incorporated
    As GORMACK ENERGY LIMITED
  20. 2012-03-22
    ➕
    THOMSON, Michael Graham appointed
    director

Owner dependency

78/100
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.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

79/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Michael Graham Thomson
Individual · British · DOB 07/1949 · age 77
25–50%
—25-50% shares03/04/2018

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 · PH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
INNERHADDEN HYDRO LIMITED→
SC280727 · est 2005
———10021y8359y
LOCHEIL LOGISTICS LIMITED→
SC197635 · est 1999
——£4.28M—26y8380y
ACHARN HYDRO LIMITED→
SC135880 · est 1992
———30034y8278y
ALEX BUTTER LANDSCAPING LIMITED→
SC158159 · est 1995
———350030y8275y
CAMSERNEY HYDRO SCHEME LIMITED→
SC220428 · est 2001
——£1.47M—24y8270y
ATHOLL HYDRO LIMITED→
SC392439 · est 2011
———40015y8175y
ISLE OF MUCK POWER LIMITED→
SC184480 · est 1998
————28y8180y
KNOYDART RENEWABLES LIMITED→
SC197192 · est 1999
———80026y8170y
RENEWABLE ENERGY DEVELOPMENT GROUP LTD→
SC232400 · est 2002
——£1.43M—23y8171y
ARDCHATTAN HYDRO LIMITED→
SC293395 · est 2005
———20020y8076y
BLARGHOUR POWER COMPANY LIMITED→
SC136174 · est 1992
———334y8063y
BROOKLINN HYDRO LIMITED→
SC312118 · est 2006
——£178.7k—19y8062y
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
Incorporated2012-03-22
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

East Gormack
Blairgowrie
Perthshire
PH10 6TA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-05
Last: 2026-03-22

Officers (2 active · 0 resigned)

HENDERSON, William→
director · ~74y · appointed 2012-03-23
View their other companies + combined net worth →
Active
THOMSON, Michael Graham→
director · ~77y · appointed 2012-03-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property05/11/201229/12/2023

Recent filings (37 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-19
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-02