ACHTERNEED HYDRO SCHEME LTD.

🌳Matureactive
SC471853 · ltd · incorporated 2014-03-07
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
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
—
year to Aug 2025
Net worth
£62.7k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (86/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £62,737
Cash YoY
+52%
Year on year

Key financials

3 years extracted from filed iXBRL accounts
Cash
£42k
↑ 52% YoY
Net Worth
£63k
↑ 9.0% YoY
Current Assets
£44k
↑ 17% YoY
Current Liabilities
—
£0£13k£25k£38k£50k£63kAug 2023Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-312023-08-31
Total assets£66.9k£61.9k£55.0k
Current assets£43.9k£37.6k£28.5k
Cash£41.6k£27.4k£25.0k
Debtors£2.3k£10.2k£3.5k
Net assets£62.7k£57.6k£50.3k

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
3
filings
  • • 2 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-05-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-04-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-05-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-03-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-12-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-10-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-02-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-03-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-03-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-03-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-04-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-05-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-03-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-03-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2014-03-07
    🏢
    Company incorporated
    As ACHTERNEED HYDRO SCHEME LTD.
  16. 2014-03-07
    ➕
    MACPHEE, Steven Stewart appointed
    director
  17. 2014-03-07
    ➕
    STEWART, Alan Kenneth appointed
    director

Owner dependency

71/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 12 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alan Kenneth Stewart
Individual · British · DOB 10/1966 · age 60
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Steven Stewart Macphee
Individual · British · DOB 08/1977 · age 49
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

6 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
Incorporated2014-03-07
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Benleana
Newton Conon Bridge
Dingwall
IV7 8AS
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-04-15
Last: 2026-04-01

Officers (2 active · 0 resigned)

MACPHEE, Steven Stewart→
director · ~49y · appointed 2014-03-07
View their other companies + combined net worth →
Active
STEWART, Alan Kenneth→
director · ~60y · appointed 2014-03-07
View their other companies + combined net worth →
Active

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

Recent filings (28 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-02-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-03-20