HENDERSTON RENEWABLES LIMITED

🌳Matureactive
SC512310 · ltd · incorporated 2015-08-04
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.5y old — refinance window within 12 months
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
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 70/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · oldest 10.5y

85/100
ready

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

  • · Oldest live charge is 10.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (87/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 2023Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-312023-08-31
Average employees400400400

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-04-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-05-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-05-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-12-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2015-12-17
    🔒
    Charge registered #4
    Lender: Close Leasing Limited
  15. 2015-12-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2015-12-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2015-12-09
    🔒
    Charge registered #3
    Lender: Close Leasing Limited
  18. 2015-12-09
    🔒
    Charge registered #2
    Lender: Close Leasing Limited
  19. 2015-12-09
    🔒
    Charge registered #1
    Lender: Close Leasing Limited
  20. 2015-08-04
    🏢
    Company incorporated
    As HENDERSTON RENEWABLES LIMITED
  21. 2015-08-04
    CATTO, Gavin appointed
    director
  22. 2015-08-04
    MCCALL, Andrew Lockhart appointed
    director
  23. 2015-08-04
    MCCALL, Ian Harold Lockhart appointed
    director
  24. 2015-08-04
    SUTHERLAND, Cameron appointed
    director

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • 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.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Mccall Energy Limited
Corporate parent · holds 50-75% shares
majority
🏛️
Green Cat Renewable Developments Limited
Corporate parent · holds 25-50% shares
significant stake
HENDERSTON RENEWABLES LIMITED
This company · SC512310

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mccall Energy Limited
Corporate entity
5075%
50–75%50-75% shares · 50-75% voting · firm interest06/04/2016
Green Cat Renewable Developments Limited
Corporate entity
2550%
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 →

Similar companies

Active · Energy & utilities · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
D J LAING RECYCLING SOLUTIONS LIMITED
SC398953 · est 2011
015y8279y
DENFIND STONE LIMITED
SC268906 · est 2004
£897.0k22y8258y
PANMURE ENERGY LIMITED
SC165231 · est 1996
20030y8274y
QUALITY ASBESTOS SERVICES LIMITED
SC317384 · est 2007
160019y8268y
ANGUS BIOFUELS LTD
SC474563 · est 2014
£38.2k12y8062y
GRAY COMPOSTING SERVICES LIMITED
SC289042 · est 2005
80020y8071y
KILMAC ENERGY (FINAVON) LIMITED
SC519682 · est 2015
010y8058y
RAMSAY'S TRANSPORT LIMITED
SC222695 · est 2001
£5.81M24y8063y
ROBERTSON ENERGY LTD
SC415597 · est 2012
40014y8080y
ROTTAL HYDRO LIMITED
SC335669 · est 2007
£544.4k18y8061y
TANHILL ENERGY LIMITED
SC446944 · est 2013
20013y8062y
W M ENERGY LIMITED
SC416634 · est 2012
£77.3k14y8071y
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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2015-08-04
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

64 West High Street
Forfar
DD8 1BJ
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-17
Last: 2025-08-03

Officers (4 active · 0 resigned)

CATTO, Gavin
director · ~56y · appointed 2015-08-04
View their other companies + combined net worth →
Active
MCCALL, Andrew Lockhart
director · ~46y · appointed 2015-08-04
View their other companies + combined net worth →
Active
MCCALL, Ian Harold Lockhart
director · ~77y · appointed 2015-08-04
View their other companies + combined net worth →
Active
SUTHERLAND, Cameron
director · ~50y · appointed 2015-08-04
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Close Leasing
Close Leasing Limited
A registered charge1 property17/12/2015
outstanding
Close Leasing
Close Leasing Limited
A registered charge1 property09/12/2015
outstanding
Close Leasing
Close Leasing Limited
A registered charge1 property09/12/2015
outstanding
Close Leasing
Close Leasing Limited
A registered charge1 property09/12/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (27 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-18