SN RENEWABLES LTD

🏛️Establishedactive
SC610792 · ltd · incorporated 2018-10-15
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
year to Oct 2024
Net worth
£-980
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £980

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£980
Current Assets
Current Liabilities
-£980-£980-£980-£980-£980-£980Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£-980
Net assets£-980

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2024-12-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-03-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-01-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2021-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-04-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2018-10-15
    🏢
    Company incorporated
    As SN RENEWABLES LTD
  8. 2018-10-15
    NISBET, Daniel Stuart appointed
    director
  9. 2018-10-15
    STRACHAN, Wayne Alexander appointed
    director
  10. 2018-10-15
    📄
    incorporation-company
    incorporation · NEWINC

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

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.

🏛️
W L S Marine Ltd
Corporate parent · holds 25-50% shares
significant stake
🏛️
Dn Engineering (Shetland) Ltd
Corporate parent · holds 25-50% shares
significant stake
SN RENEWABLES LTD
This company · SC610792

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
W L S Marine Ltd
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting15/10/2018
Dn Engineering (Shetland) Ltd
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting15/10/2018

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

6 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
Incorporated2018-10-15
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

Up-Bye Hillend
Mid Yell
Shetland
ZE2 9BJ
United Kingdom

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (2 active · 0 resigned)

NISBET, Daniel Stuart
director · ~44y · appointed 2018-10-15
View their other companies + combined net worth →
Active
STRACHAN, Wayne Alexander
director · ~47y · appointed 2018-10-15
View their other companies + combined net worth →
Active

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

Recent filings (14 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-14
incorporation-company
incorporation · NEWINC
2018-10-15