CORO ASIA RENEWABLES LTD
💤Zombieactive
SC620760 · ltd · incorporated 2019-02-11
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
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
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. 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 (58/100).
Data confidence
Overall: medium (58/100)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
Confirmed no charges registered
85
Directors & officers
8 officers (1 active, 8 linked, 8 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
56 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.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-01-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-16➕BEAMISH, Harry David De Courcy appointeddirector
- 2026-01-16➖MCKAY, Paul Anthony resigneddirector
- 2025-11-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-13📄legacyother · GUARANTEE2
- 2025-10-13📄legacyother · AGREEMENT2
- 2024-12-10📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-12-10📄legacyaccounts · PARENT_ACC
- 2024-12-10📄legacyother · AGREEMENT2
- 2024-12-10📄legacyother · GUARANTEE2
- 2024-10-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-11➖CARRINGTON, Michael resigneddirector
- 2024-10-11➕MCKAY, Paul Anthony appointeddirector
- 2024-03-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-29➖AINSWORTH, Kristian Ewen resigneddirector
- 2023-12-06📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-12-06📄legacyaccounts · PARENT_ACC
- 2023-10-17📄legacyother · AGREEMENT2
- 2023-10-17📄legacyother · GUARANTEE2
- 2023-03-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-12-14📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-12-14📄legacyaccounts · PARENT_ACC
- 2022-12-14📄legacyother · GUARANTEE2
- 2022-09-22➕AINSWORTH, Kristian Ewen appointeddirector
- 2022-09-20➖HOOD, Mark Glen resigneddirector
- 2021-11-25➖CHRISTIE, Peter James resigneddirector
- 2021-03-17➕CHRISTIE, Peter James appointeddirector
- 2020-03-02➕CARRINGTON, Michael appointeddirector
- 2019-11-05➖LINDSAY, Catherine Louise resigneddirector
- 2019-03-01➖BRADFORD, Nicholas John resigneddirector
- 2019-03-01➕HOOD, Mark Glen appointeddirector
- 2019-03-01➕LINDSAY, Catherine Louise appointeddirector
- 2019-02-11🏢Company incorporatedAs CORO ASIA RENEWABLES LTD
- 2019-02-11➕BRADFORD, Nicholas John appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Coro Energy Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Coro Energy Plc
Corporate parent · holds 75-100% shares
⬇
CORO ASIA RENEWABLES LTD
This company · SC620760
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Coro Energy Plc Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 17/03/2021 |
3 historic (ceased) PSCs
- Mr Michael Carringtonceased 17/03/2021· 25-50% shares
- Mr Mark Glen Hoodceased 17/03/2021· 25-50% shares
- Mr Nicholas John Bradfordceased 01/03/2019· 75-100% shares
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 · Professional services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HYDROGEN SYSTEMS ENGINEERING LIMITED→ SC866248 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| INCIPIO LTD→ SC864886 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| INDUCTIGHT (OPERATIONS) LTD→ SC777819 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| INFINITY ENGINEERING SYSTEMS LIMITED→ SC663665 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| INNOSTAR LIMITED→ SC623377 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| INTEGRATING4LIFE LIMITED→ SC666776 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| INTERNATIONAL DOORS AND WINDOWS EMPLOYEE TRUST LIMITED→ SC733921 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| IOANNOU ENGINEERING CONSULTANTS LIMITED→ SC755656 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| IRANIAN LTD.→ SC865333 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| IRONFIELD TECH SERVICES LTD→ SC590690 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ISLAND OFFSHORE UK LIMITED→ SC492749 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ISTRACH ENGINEERING LTD→ SC591264 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2019-02-11
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.
Registered office
C/O Pinsent Masons Llp, 13
Queens Road
Aberdeen
AB15 4YL
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-15
Last: 2026-03-01
Officers (1 active · 7 resigned)
BEAMISH, Harry David De Courcy→
Activedirector · ~42y · appointed 2026-01-16
View their other companies + combined net worth →
AINSWORTH, Kristian Ewen→
Resigneddirector · ~64y · appointed 2022-09-22 · resigned 2024-02-29
BRADFORD, Nicholas John→
Resigneddirector · ~76y · appointed 2019-02-11 · resigned 2019-03-01
CARRINGTON, Michael→
Resigneddirector · ~57y · appointed 2020-03-02 · resigned 2024-10-11
CHRISTIE, Peter James→
Resigneddirector · ~40y · appointed 2021-03-17 · resigned 2021-11-25
HOOD, Mark Glen→
Resigneddirector · ~53y · appointed 2019-03-01 · resigned 2022-09-20
LINDSAY, Catherine Louise→
Resigneddirector · ~52y · appointed 2019-03-01 · resigned 2019-11-05
MCKAY, Paul Anthony→
Resigneddirector · ~57y · appointed 2024-10-11 · resigned 2026-01-16
Click a director name to see their full track record across all companies.
Recent filings (56 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-02
termination-director-company-with-name-termination-date
officers · TM01
2026-01-28
appoint-person-director-company-with-name-date
officers · AP01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-05
legacy
other · GUARANTEE2
2025-10-13
legacy
other · AGREEMENT2
2025-10-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-12-10
legacy
accounts · PARENT_ACC
2024-12-10
legacy
other · AGREEMENT2
2024-12-10
legacy
other · GUARANTEE2
2024-12-10
termination-director-company-with-name-termination-date
officers · TM01
2024-10-17
appoint-person-director-company-with-name-date
officers · AP01
2024-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-08