PLANET HEAT LTD

💤Zombieactive
SC545806 · ltd · incorporated 2016-09-20
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 Sept 2024
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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 27510
Sector: Manufacturing
ALSO REGISTERED FOR
  • 62012Business and domestic software development
  • 74901Environmental consulting activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (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: high (81/100)

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

Company profile
address, 3 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-06-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-05-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-06-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2021-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2020-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2016-09-20
    🏢
    Company incorporated
    As PLANET HEAT LTD
  10. 2016-09-20
    GIBB, Russell Muir appointed
    director
  11. 2016-09-20
    📄
    incorporation-company
    incorporation · NEWINC

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 62 — approaching natural succession window.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Russell Muir Gibb
Individual · Scottish · DOB 03/1964 · age 62
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/09/2016

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 · Manufacturing · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
VERACITY UK LIMITED
SC291812 · est 2005
£7.42M
£5.77M£9.06M
4620y8570y
CHEMTEC UK LIMITED
SC276983 · est 2004
£5.02M
£3.90M£6.13M
230021y9057y
GMSS HOLDINGS LIMITED
SC478614 · est 2014
£2.25M
£1.75M£2.75M
011y8461y
AEROFORMA TECHNOLOGIES (NORTH) LIMITED
SC123036 · est 1990
4736y8375y
ATLAS (SCOTLAND) LIMITED
SC260329 · est 2003
£583.3k22y8366y
AYRSHIRE BLINDS LIMITED
SC090647 · est 1984
£199.3k41y8381y
BOAT ELECTRICS & ELECTRONICS LIMITED
SC066331 · est 1978
£396.3k47y8360y
BRODIE ENGINEERING LIMITED
SC163999 · est 1996
960030y8360y
CAPITAL STEEL LIMITED
SC275258 · est 2004
£1.45M21y8370y
GIRARD INDUSTRIES EUROPE LIMITED
SC101084 · est 1986
£389.5k39y8373y
KENNEDYSMITH (PRESS) LIMITED
SC186009 · est 1998
720027y8366y
ADELPHI ENGINEERING & CONSTRUCTION LIMITED
SC185137 · est 1998
1128y8265y
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
Incorporated2016-09-20
Jurisdictionscotland
Primary SIC27510 — SIC 27510

Registered office

5c Kelburn Street
Isle Of Cumbrae
KA28 0DT
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-20
Last: 2025-09-06

Officers (1 active · 0 resigned)

GIBB, Russell Muir
director · ~62y · appointed 2016-09-20
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-16
accounts-with-accounts-type-dormant
accounts · AA
2025-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-06
accounts-with-accounts-type-dormant
accounts · AA
2024-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-08
accounts-with-accounts-type-dormant
accounts · AA
2023-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2019-09-21
accounts-with-accounts-type-dormant
accounts · AA
2019-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-20