LOCHABER 2 HYDRO LTD

⚰️Wound downdissolved
SC606808 · ltd · incorporated 2018-08-30
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
53/100
Worth a look
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 7.6y

70/100
ready

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

  • · Oldest live charge is 7.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
14 officers (2 active, 14 linked, 14 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (54 events)Click to expand
  1. 2024-03-26
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-03-26
    🏁
    Company dissolved
  3. 2024-01-09
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2023-12-28
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2023-10-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-02-13
    WAKEFIELD, Nathan John resigned
    director
  7. 2023-02-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2022-10-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-05-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-05-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-05-27
    SHERMAN, Jemma Louise appointed
    director
  12. 2022-05-27
    GREEN, Simon David resigned
    director
  13. 2022-05-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-12-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-12-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2021-12-16
    BURGESS, Benjamin Michael appointed
    director
  17. 2021-12-16
    READING, Alexander James resigned
    director
  18. 2021-09-30
    HUTT, Stephen Mark resigned
    director
  19. 2021-09-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2021-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2021-03-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2021-03-23
    CARTWRIGHT, Ian Peter George resigned
    director
  23. 2020-11-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  24. 2020-08-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  25. 2020-08-18
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC05
  26. 2020-08-18
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  27. 2019-10-28
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  28. 2019-10-28
    📍
    change-sail-address-company-with-new-address
    address · AD02
  29. 2019-08-01
    🔓
    Charge satisfied #2
  30. 2019-08-01
    🔓
    Charge satisfied #1
  31. 2019-07-17
    CARTWRIGHT, Ian Peter George appointed
    director
  32. 2019-07-17
    HUTT, Stephen Mark appointed
    director
  33. 2019-07-08
    CARTWRIGHT, Ian Peter George appointed
    director
  34. 2019-07-08
    CARTWRIGHT, Ian Peter George resigned
    director
  35. 2019-07-08
    EDIN VON KAYSER, Gotz Eberhard resigned
    director
  36. 2019-07-08
    GREEN, Simon David appointed
    director
  37. 2019-07-08
    READING, Alexander James appointed
    director
  38. 2019-07-08
    READING, Alexander James resigned
    director
  39. 2019-07-08
    READING, Alexander James appointed
    director
  40. 2019-07-08
    WAKEFIELD, Nathan John appointed
    director
  41. 2019-07-08
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC as Security Agent
  42. 2019-07-08
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC as Security Agent
  43. 2018-09-24
    CARTWRIGHT, Ian Peter George resigned
    director
  44. 2018-09-24
    EDIN VON KAYSER, Gotz Eberhard appointed
    director
  45. 2018-09-24
    GANDHI, Rajeev appointed
    director
  46. 2018-09-24
    GANDHI, Rajeev resigned
    director
  47. 2018-09-24
    GUPTA, Parduman Kumar appointed
    director
  48. 2018-09-24
    GUPTA, Parduman Kumar resigned
    director
  49. 2018-09-24
    READING, Alex James resigned
    director
  50. 2018-09-24
    🔒
    Charge registered #2
    Lender: Wyelands Bank PLC
Showing most recent 50 of 54 events

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2024-03-26

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Ghh Group Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ghh Group Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
LOCHABER 2 HYDRO LTD
This company · SC606808

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%
NameSharesVoting rightsNature of controlNotified
Ghh Group Holdings Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control08/07/2019
2 historic (ceased) PSCs
  • Aic Commodities (Uk) Ltdceased 08/07/2019· 75-100% shares
  • Simec Ghh Limitedceased 24/09/2018· 75-100% shares · 75-100% voting · board control

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

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 →
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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

Statusdissolved
Typeltd
Incorporated2018-08-30
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Cef Building Inveralmond Road
Inveralmond Industrial Estate
Perth
PH1 3TW
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2022-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 12 resigned)

BURGESS, Benjamin Michael
director · ~44y · appointed 2021-12-16
View their other companies + combined net worth →
Active
SHERMAN, Jemma Louise
director · ~40y · appointed 2022-05-27
View their other companies + combined net worth →
Active
CARTWRIGHT, Ian Peter George
director · ~65y · appointed 2019-07-17 · resigned 2021-03-23
Resigned
CARTWRIGHT, Ian Peter George
director · ~65y · appointed 2019-07-08 · resigned 2019-07-08
Resigned
CARTWRIGHT, Ian Peter George
director · ~65y · appointed 2018-08-30 · resigned 2018-09-24
Resigned
EDIN VON KAYSER, Gotz Eberhard
director · ~65y · appointed 2018-09-24 · resigned 2019-07-08
Resigned
GANDHI, Rajeev
director · ~53y · appointed 2018-09-24 · resigned 2018-09-24
Resigned
GREEN, Simon David
director · ~49y · appointed 2019-07-08 · resigned 2022-05-27
Resigned
GUPTA, Parduman Kumar
director · ~83y · appointed 2018-09-24 · resigned 2018-09-24
Resigned
HUTT, Stephen Mark
director · ~61y · appointed 2019-07-17 · resigned 2021-09-30
Resigned
READING, Alex James
director · ~48y · appointed 2018-08-30 · resigned 2018-09-24
Resigned
READING, Alexander James
director · ~48y · appointed 2019-07-08 · resigned 2019-07-08
Resigned
READING, Alexander James
director · ~48y · appointed 2019-07-08 · resigned 2021-12-16
Resigned
WAKEFIELD, Nathan John
director · ~52y · appointed 2019-07-08 · resigned 2023-02-13
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
National Westminster Bank as Security Agent
National Westminster Bank PLC as Security Agent
A registered charge08/07/2019
outstanding
National Westminster Bank as Security Agent
National Westminster Bank PLC as Security Agent
A registered charge08/07/2019
satisfied
Wyelands Bank
Wyelands Bank PLC
A registered charge24/09/201801/08/2019
satisfied
Wyelands Bank
Wyelands Bank PLC
A registered charge24/09/201801/08/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (58 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-03-26
gazette-notice-voluntary
gazette · GAZ1(A)
2024-01-09
dissolution-application-strike-off-company
dissolution · DS01
2023-12-28
accounts-with-accounts-type-dormant
accounts · AA
2023-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-04
termination-director-company-with-name-termination-date
officers · TM01
2023-02-13
accounts-with-accounts-type-dormant
accounts · AA
2022-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-01
termination-director-company-with-name-termination-date
officers · TM01
2022-05-30
appoint-person-director-company-with-name-date
officers · AP01
2022-05-30
change-person-director-company-with-change-date
officers · CH01
2022-05-11
termination-director-company-with-name-termination-date
officers · TM01
2021-12-22
appoint-person-director-company-with-name-date
officers · AP01
2021-12-22
termination-director-company-with-name-termination-date
officers · TM01
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02