BRACO ENERGY LTD
💤Zombieactive
SC486966 · ltd · incorporated 2014-09-18
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
£691.9k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 80/100. 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).
🏦
Refinance opportunity
2 live charges · oldest 11.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £691,894
Cash YoY
+38%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£368k
↑ 38% YoY
Net Worth
£692k
↑ 52% YoY
Current Assets
£560k
↑ 21% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £793.8k | £561.8k |
| Current assets | £559.9k | £461.3k |
| Cash | £368.1k | £266.8k |
| Debtors | £191.8k | £194.4k |
| Net assets | £691.9k | £456.7k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-25📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2022-10-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-21➖ABERNETHY, Donna resignedsecretary
- 2021-01-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-22🔒Charge registered #2Lender: Close Leasing Limited
- 2020-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-30📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2016-07-18📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-08🔒Charge registered #1Lender: Close Leasing Limited
- 2014-09-18🏢Company incorporatedAs BRACO ENERGY LTD
- 2014-09-18➕ABERNETHY, David Brodie appointeddirector
- 2014-09-18➕ABERNETHY, Donna appointedsecretary
Owner dependency
83/100
Critical — business is the founderThe 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 59 — approaching natural succession window.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
David Brodie Abernethy Individual · British · DOB 12/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| BORR GERSEMI (UK) LIMITED→ SC625315 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BSF DETAILING LTD→ SC831199 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BUPLE LIMITED→ SC802801 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BUSH KENNELS LTD→ SC601333 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BW ENERGY RUNDU LIMITED→ SC817817 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| C A ENGINEERING SCOTLAND LIMITED→ SC428447 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CAA CONSULTANTS LIMITED→ SC666089 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CABIN CLUB AFTERSCHOOL C.I.C.→ SC848145 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CABRACH CONSULTING LIMITED→ SC560077 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| CAIRDSHILL LIMITED→ SC632723 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CALASH LIMITED→ SC222359 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| CALEDONIAN MOTORCYCLE TRANSPORT COMPANY LIMITED→ SC639613 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2014-09-18
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Braco Park Farm
Rosehearty
Fraserburgh
AB43 6LB
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16
Officers (1 active · 1 resigned)
ABERNETHY, David Brodie→
Activedirector · ~59y · appointed 2014-09-18
View their other companies + combined net worth →
ABERNETHY, Donna→
Resignedsecretary · appointed 2014-09-18 · resigned 2021-01-21
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Leasing Close Leasing Limited | A registered charge | — | 22/12/2020 | — | |
| outstanding | Close Leasing Close Leasing Limited | A registered charge | — | 08/01/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (30 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-06
change-sail-address-company-with-old-address-new-address
address · AD02
2023-05-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-21
termination-secretary-company-with-name-termination-date
officers · TM02
2021-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-01-11
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-11