STRONELAIRG WIND ESTATE LIMITED
💤Zombieactive
SC432643 · ltd · incorporated 2012-09-14
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 Dec 2024
Net worth
£195.0k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
7 live charges · 3 lenders · oldest 2.6y
0/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.6 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
16 officers (1 active, 16 linked, 9 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £194,996
Net assets shrinking
Down £770,000 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
£145k
Net Worth
£195k
↓ 80% YoY
Current Assets
£1.8m
↓ 36% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £195.0k | £965.0k |
| Current assets | £1.79M | £2.82M |
| Cash | £145.0k | — |
| Debtors | £1.64M | £2.82M |
| Net assets | £195.0k | £965.0k |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (62 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2025-07-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-05➖HOPPSTADIUS, Magnus resigneddirector
- 2025-05-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-22🔒Charge registered #7Lender: Lloyds Bank PLC (As Security Trustee)
- 2025-01-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-01-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-01-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-06📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-10➕DESAI, Vinay appointeddirector
- 2024-10-10➖CASUCCIO, Roberto resigneddirector
- 2024-10-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-01➖THAMES STREET SERVICES LIMITED resignedcorporate-director
- 2024-08-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-11-29📄auditors-resignation-limited-companyauditors · AA03
- 2023-11-29📄auditors-resignation-companyauditors · AUD
- 2023-10-19✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-10-17📄memorandum-articlesincorporation · MA
- 2023-10-17📄resolutionresolution · RESOLUTIONS
- 2023-10-12📄accounts-with-accounts-type-smallaccounts · AA
- 2023-10-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-10-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-10-02🔒Charge registered #6Lender: Charles Connell & Company (Holdings) Limited
- 2023-10-02🔒Charge registered #4Lender: Lloyds Bank PLC
- 2023-09-22➖PALONI, Maria Giovanna resignedsecretary
- 2023-09-22➕CASUCCIO, Roberto appointeddirector
- 2023-09-22➖CONNELL, Charles Croxton resigneddirector
- 2023-09-22➕HOPPSTADIUS, Magnus appointeddirector
- 2023-09-22➕THAMES STREET SERVICES LIMITED appointedcorporate-director
- 2023-09-22🔒Charge registered #5Lender: Charles Connell & Company (Holdings) Limited
- 2023-09-22🔒Charge registered #3Lender: Lloyds Bank PLC
- 2023-09-22🔒Charge registered #2Lender: Lloyds Bank PLC
- 2023-09-22🔒Charge registered #1Lender: Lloyds Bank PLC
- 2019-01-14➖STUBBS, Ian Michael resigneddirector
- 2017-05-12➕CONNELL, Charles Croxton appointeddirector
- 2016-10-01➖HARTLEY, Alan James resignedsecretary
- 2016-10-01➕PALONI, Maria Giovanna appointedsecretary
- 2015-12-07➕STUBBS, Ian Michael appointeddirector
- 2015-11-15➖CONNELL, Charles Raymond resigneddirector
- 2015-03-10➖BROWN, Ian Forbes resigneddirector
- 2014-12-08➖BROWN, Ian Forbes resignedsecretary
- 2014-12-08➕HARTLEY, Alan James appointedsecretary
- 2013-02-06➖CONNELL, Charles Croxton resigneddirector
- 2012-09-19➕BROWN, Ian Forbes appointedsecretary
Showing most recent 50 of 62 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 low7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Sustainable Land Acquisitions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Sustainable Land Acquisitions Limited
Corporate parent · holds 75-100% shares · board control
⬇
STRONELAIRG WIND ESTATE LIMITED
This company · SC432643
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 |
|---|---|---|---|---|
Sustainable Land Acquisitions Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 22/09/2023 |
1 historic (ceased) PSC
- Charles Connell & Company (Holdings) Limitedceased 22/09/2023· 75-100% shares · 75-100% voting · board control
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ENVIROCLEAN (SCOTLAND) LIMITED→ SC176022 · est 1997 | £9.58M £6.90M–£12.26M | — | — | 246 | 28y | 84 | 59y |
| BARR + WRAY LIMITED→ SC040952 · est 1964 | £4.90M £3.53M–£6.28M | — | — | 5900 | 61y | 84 | 59y |
| BARR + WRAY HOLDINGS 2 LIMITED→ SC276252 · est 2004 | £1.34M £963.0k–£1.71M | — | — | 0 | 21y | 84 | 59y |
| BARR + WRAY HOLDINGS LIMITED→ SC175728 · est 1997 | £1.34M £963.0k–£1.71M | — | — | 0 | 28y | 82 | 59y |
| BAILLIE WINDFARM LIMITED→ SC256692 · est 2003 · no financials extracted | — | — | — | — | 22y | 83 | 71y |
| HIGHLANDER INTERNATIONAL RECYCLING LIMITED→ SC265586 · est 2004 | — | — | £1.59M | — | 22y | 83 | 61y |
| HIGHLANDER SECURITY SHREDDING LTD→ SC395423 · est 2011 | — | — | £646.8k | — | 15y | 83 | 61y |
| SPRUCE CARPETS LTD.→ SC280302 · est 2005 · no financials extracted | — | — | — | — | 21y | 83 | 70y |
| DPM WATER TECHNOLOGIES LIMITED→ SC264863 · est 2004 | — | — | — | — | 22y | 82 | 71y |
| RELIANCE CONTRACTS GROUP LIMITED→ SC805685 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| SCOTTISH WATER LIMITED→ SC207004 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| SF ELECTRICAL CONTRACTORS LTD.→ SC519219 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2012-09-14
Jurisdictionscotland
Primary SIC35110 — SIC 35110
Registered office
3rd Floor, Mclellan Works
274 Sauchiehall Street
Glasgow
City Of Glasgow
G2 3EH
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-17
Last: 2025-07-03
Officers (1 active · 15 resigned)
DESAI, Vinay→
Activedirector · ~36y · appointed 2024-10-10
View their other companies + combined net worth →
BROWN, Ian Forbes→
Resignedsecretary · appointed 2012-09-19 · resigned 2014-12-08
HARTLEY, Alan James→
Resignedsecretary · appointed 2014-12-08 · resigned 2016-10-01
PALONI, Maria Giovanna→
Resignedsecretary · appointed 2016-10-01 · resigned 2023-09-22
MACLAY MURRAY & SPENS LLP→
Resignedcorporate-secretary · appointed 2012-09-14 · resigned 2012-09-19
BROWN, Ian Forbes→
Resigneddirector · ~85y · appointed 2012-09-19 · resigned 2015-03-10
CASUCCIO, Roberto→
Resigneddirector · ~37y · appointed 2023-09-22 · resigned 2024-10-10
CONNELL, Charles Croxton→
Resigneddirector · ~50y · appointed 2017-05-12 · resigned 2023-09-22
CONNELL, Charles Raymond→
Resigneddirector · ~94y · appointed 2012-09-19 · resigned 2015-11-15
CONNELL, Charles Croxton→
Resigneddirector · ~50y · appointed 2012-09-19 · resigned 2013-02-06
HOPPSTADIUS, Magnus→
Resigneddirector · ~51y · appointed 2023-09-22 · resigned 2025-06-05
STUBBS, Ian Michael→
Resigneddirector · ~83y · appointed 2015-12-07 · resigned 2019-01-14
TRUESDALE, Christine→
Resigneddirector · ~66y · appointed 2012-09-14 · resigned 2012-09-19
THAMES STREET SERVICES LIMITED→
Resignedcorporate-director · appointed 2023-09-22 · resigned 2024-08-01
VINDEX LIMITED→
Resignedcorporate-director · appointed 2012-09-14 · resigned 2012-09-19
VINDEX SERVICES LIMITED→
Resignedcorporate-director · appointed 2012-09-14 · resigned 2012-09-19
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
7
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC (As Security Trustee) | A registered charge | — | 22/05/2025 | — | |
| outstanding | Charles Connell & Company (Holdings) Charles Connell & Company (Holdings) Limited | A registered charge | 1 property | 02/10/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 02/10/2023 | — | |
| outstanding | Charles Connell & Company (Holdings) Charles Connell & Company (Holdings) Limited | A registered charge | — | 22/09/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 22/09/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 22/09/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 22/09/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (85 total)
accounts-with-accounts-type-small
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-03
termination-director-company-with-name-termination-date
officers · TM01
2025-07-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-01-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-06
change-person-director-company-with-change-date
officers · CH01
2025-01-06
change-person-director-company-with-change-date
officers · CH01
2025-01-06
appoint-person-director-company-with-name-date
officers · AP01
2024-10-10
termination-director-company-with-name-termination-date
officers · TM01
2024-10-10
termination-director-company-with-name-termination-date
officers · TM01
2024-08-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-11
accounts-with-accounts-type-small
accounts · AA
2024-06-28
auditors-resignation-limited-company
auditors · AA03
2023-11-29
auditors-resignation-company
auditors · AUD
2023-11-29