LYTHMORE SOLAR FARM LIMITED

🌿Early-stageactive
SC769887 · ltd · incorporated 2023-05-18
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
not disclosed
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (59/100)

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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
10 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.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
  • 2 accounts
  • 2 other
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-01-13
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  2. 2026-01-13
    📄
    legacy
    other · AGREEMENT2
  3. 2025-12-23
    📄
    legacy
    accounts · PARENT_ACC
  4. 2025-12-23
    📄
    legacy
    other · GUARANTEE2
  5. 2025-06-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-09-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-05-18
    🏢
    Company incorporated
    As LYTHMORE SOLAR FARM LIMITED
  8. 2023-05-18
    DAVIE, Martin Andrew appointed
    director
  9. 2023-05-18
    LHERMITTE, Charles appointed
    director
  10. 2023-05-18
    NUSSLE, Jochen Andreas appointed
    director
  11. 2023-05-18
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  12. 2023-05-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

70/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 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

Qair Scotland Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Qair Scotland Limited
Corporate parent · holds 75-100% shares
ultimate parent
LYTHMORE SOLAR FARM LIMITED
This company · SC769887

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
Qair Scotland Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting18/05/2023

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.

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Company details

Statusactive
Typeltd
Incorporated2023-05-18
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

41 Charlotte Square
Edinburgh
EH2 4HQ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-31
Last: 2025-05-17

Officers (3 active · 0 resigned)

DAVIE, Martin Andrew
director · ~72y · appointed 2023-05-18
View their other companies + combined net worth →
Active
LHERMITTE, Charles
director · ~50y · appointed 2023-05-18
View their other companies + combined net worth →
Active
NUSSLE, Jochen Andreas
director · ~46y · appointed 2023-05-18
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-01-13
legacy
other · AGREEMENT2
2026-01-13
legacy
accounts · PARENT_ACC
2025-12-23
legacy
other · GUARANTEE2
2025-12-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-dormant
accounts · AA
2024-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
change-account-reference-date-company-current-shortened
accounts · AA01
2023-05-18
incorporation-company
incorporation · NEWINC
2023-05-18