FETLAR ENERGY LIMITED

🌿Early-stageactive
SC755581 · ltd · incorporated 2023-01-16
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 06100
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 06200SIC 06200
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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

Company profile
address, 2 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
6 officers (6 active, 6 linked, 6 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
17 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
60
Adequate — check latest filings for context.
Acquirability
75
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees6100

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

🔒Filing-note intelligence

3 signals 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 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2024-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-10-16
    HUGHES, Anne appointed
    director
  8. 2024-10-16
    HUGHES, Gary appointed
    director
  9. 2024-10-16
    WEST, Joann appointed
    director
  10. 2024-10-16
    WEST, Ruth Anne Elizabeth appointed
    director
  11. 2024-10-16
    WEST JNR, Alexander appointed
    director
  12. 2024-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-05-16
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  14. 2023-04-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2023-04-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2023-04-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2023-04-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2023-01-16
    🏢
    Company incorporated
    As FETLAR ENERGY LIMITED
  19. 2023-01-16
    WEST, Alexander appointed
    director
  20. 2023-01-16
    📄
    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
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 83 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — WEST, Joann (same surname) appointed 2024-10-16. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.

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

3 corporate shareholders identified. Group structure is distributed.

🏛️
Rosehaugh Energy Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Westward Developments Ltd
Corporate parent · holds 25-50% shares
significant stake
🏛️
Anfield Energy Limited
Corporate parent · holds 25-50% shares
significant stake
FETLAR ENERGY LIMITED
This company · SC755581

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Rosehaugh Energy Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting20/03/2023
Westward Developments Ltd
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting20/03/2023
Anfield Energy Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting20/03/2023
1 historic (ceased) PSC
  • Mr Alexander Westceased 20/03/2023· 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

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
Incorporated2023-01-16
Jurisdictionscotland
Primary SIC06100 — SIC 06100

Registered office

Heritage House
141 Shore Street
Fraserburgh
AB43 9BP
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20

Officers (6 active · 0 resigned)

HUGHES, Anne
director · ~53y · appointed 2024-10-16
View their other companies + combined net worth →
Active
HUGHES, Gary
director · ~55y · appointed 2024-10-16
View their other companies + combined net worth →
Active
WEST, Alexander
director · ~83y · appointed 2023-01-16
View their other companies + combined net worth →
Active
WEST, Joann
director · ~51y · appointed 2024-10-16
View their other companies + combined net worth →
Active
WEST, Ruth Anne Elizabeth
director · ~54y · appointed 2024-10-16
View their other companies + combined net worth →
Active
WEST JNR, Alexander
director · ~56y · appointed 2024-10-16
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-26
appoint-person-director-company-with-name-date
officers · AP01
2024-10-17
appoint-person-director-company-with-name-date
officers · AP01
2024-10-17
appoint-person-director-company-with-name-date
officers · AP01
2024-10-17
appoint-person-director-company-with-name-date
officers · AP01
2024-10-17
appoint-person-director-company-with-name-date
officers · AP01
2024-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
change-account-reference-date-company-current-shortened
accounts · AA01
2023-05-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-04-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-04-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-04-03