BRODGAR RENEWABLES LIMITED

⚰️Wound downdissolved
SC439866 · ltd · incorporated 2013-01-09
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
59/100
Worth a look
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Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: low (48/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
80
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 (6 events)Click to expand
  1. 2014-08-29
    📄
    gazette-dissolved-compulsary
    gazette · GAZ2
  2. 2014-08-29
    🏁
    Company dissolved
  3. 2014-05-09
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  4. 2013-01-09
    🏢
    Company incorporated
    As BRODGAR RENEWABLES LIMITED
  5. 2013-01-09
    MCLENNAN, Norman Spence Nicol appointed
    director
  6. 2013-01-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

68/100
Strong succession signal

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

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 13 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2014-08-29

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusdissolved
Typeltd
Incorporated2013-01-09
Jurisdictionscotland
Primary SIC

Registered office

Garth Farm
St Ola
Kirkwall
Orkney
KW15 1SS
Scotland

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

MCLENNAN, Norman Spence Nicol
director · ~62y · appointed 2013-01-09
View their other companies + combined net worth →
Active

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Recent filings (3 total)

gazette-dissolved-compulsary
gazette · GAZ2
2014-08-29
gazette-notice-compulsary
gazette · GAZ1
2014-05-09
incorporation-company
incorporation · NEWINC
2013-01-09