AUCHINDERRAN RENEWABLES LIMITED

💤Zombieactive
SC452245 · ltd · incorporated 2013-06-13
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
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Turnover
year to Apr 2025
Net worth
£-2.7k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,712

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£3k
↓ 47% YoY
Current Assets
Current Liabilities
-£3k-£3k-£2k-£2k-£2k-£2kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£-2.0k£-1.4k
Net assets£-2.7k£-1.8k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-23
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  3. 2024-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-06-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-01-03
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-06-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-03-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-01-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-01-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-11-21
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2019-11-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2019-01-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2017-05-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2013-06-13
    🏢
    Company incorporated
    As AUCHINDERRAN RENEWABLES LIMITED
  18. 2013-06-13
    GREIG, Brian William appointed
    secretary
  19. 2013-06-13
    GREIG, Brian William appointed
    director

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 63 — 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

78/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. 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 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Brian William Greig
Individual · British · DOB 02/1963 · age 63
75100%
75-100% 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
Incorporated2013-06-13
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

C/O Johnston Carmichael Bishop's Court
29 Albyn Place
Aberdeen
AB10 1YL
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-27
Last: 2025-06-13

Officers (2 active · 0 resigned)

GREIG, Brian William
secretary · appointed 2013-06-13
View their other companies + combined net worth →
Active
GREIG, Brian William
director · ~63y · appointed 2013-06-13
View their other companies + combined net worth →
Active

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

Recent filings (35 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-27
move-registers-to-registered-office-company-with-new-address
address · AD04
2025-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-27
change-person-secretary-company-with-change-date
officers · CH03
2024-01-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-30
accounts-with-accounts-type-dormant
accounts · AA
2022-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-28