GREENMYRES RENEWABLE ENERGY LTD

🌳Matureactive

SC482442 · ltd · incorporated 2014-07-18

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 9.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£144.6k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Activities of other membership organisations n.e.c.

Sector: Other service activities

Investor take

Pursue

Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 9.8y

70/100

ready

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

· Oldest live charge is 9.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 23/100 — clean.

Data confidence

Overall: high (81/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

10 officers (6 active, 10 linked, 9 with DOB)

Ownership & PSC

1 active PSC(s) of 5 total, 5 with control declared

Director network

4 connected companies via shared directors

Filing history

49 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £144,621

Key financials

2 years extracted from filed iXBRL accounts

Cash

£182k

Net Worth

£145k

Current Assets

£338k

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£1.33M	—
Current assets	£338.1k	—
Cash	£181.7k	—
Debtors	£156.4k	—
Net assets	£144.6k	—
Average employees	—	0

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

Recent activity

Last 30 days

filing

• 1 address

Last 90 days

filing

• 1 address

Last 180 days

filings

• 3 officers
• 1 address
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2026-04-23
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-11
➖
SCOTT, Mary Macleod resigned
director
2025-11-19
📄
accounts-with-accounts-type-small
accounts · AA
2025-11-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-04
➕
COSGROVE YOUNG, Eileen Elizabeth appointed
director
2025-11-04
➕
MICHIE, Audrey appointed
director
2024-11-13
📄
accounts-with-accounts-type-small
accounts · AA
2024-05-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-22
📄
change-person-director-company-with-change-date
officers · CH01
2023-11-02
📄
accounts-with-accounts-type-small
accounts · AA
2023-10-10
➖
KELLY, Douglas Vincent resigned
director
2023-09-29
➖
HAMMOCK, Richard John resigned
director
2023-09-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-08-02
📄
accounts-with-accounts-type-small
accounts · AA
2021-12-21
📄
accounts-with-accounts-type-small
accounts · AA
2021-07-21
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-07-20
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-01-26
➕
KELLY, Douglas Vincent appointed
director
2020-08-11
📄
accounts-with-accounts-type-small
accounts · AA
2019-10-22
📄
accounts-with-accounts-type-small
accounts · AA
2019-03-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-03-05
➖
THOMSON, John Stuart Macgregor resigned
director
2018-09-18
➕
MURRAY, Bruce Alexander appointed
director
2017-06-20
➕
ALLAN, Leslie Hamilton appointed
director
2017-06-20
➕
WILKINSON, Jamie appointed
director
2016-07-18
🔒
Charge registered #4
Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
2016-06-28
🔒
Charge registered #3
Lender: Clydesdale Bank PLC
2016-06-28
🔒
Charge registered #2
Lender: Clydesdale Bank PLC
2016-06-28
🔒
Charge registered #1
Lender: Clydesdale Bank PLC
2014-11-01
➕
BOYD, Donald Murray Gordon appointed
secretary
2014-07-18
🏢
Company incorporated
As GREENMYRES RENEWABLE ENERGY LTD
2014-07-18
➕
HAMMOCK, Richard John appointed
director
2014-07-18
➕
SCOTT, Mary Macleod appointed
director
2014-07-18
➕
THOMSON, John Stuart Macgregor appointed
director

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Huntly Development Trust is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Huntly Development Trust

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

GREENMYRES RENEWABLE ENERGY LTD

This company · SC482442

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
Huntly Development Trust Corporate entity	75–100%	—	board control75-100% shares · board control	06/04/2016

4 historic (ceased) PSCs

Huntly And District Development Trustceased 20/07/2021· 75-100% shares · 75-100% voting · board control
Mr Richard John Hammockceased 06/04/2016· 25-50% voting · significant influence
Mary Macleod Scottceased 06/04/2016· 25-50% voting · significant influence
Mr John Stuart Macgregor Thomsonceased 06/04/2016· 25-50% voting · significant influence

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

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.

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Company details

Statusactive

Typeltd

Incorporated2014-07-18

Jurisdictionscotland

Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

28-30 The Square The Square

Huntly

Aberdeenshire

AB54 8BR

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-15

Last: 2025-05-01