HALBEATH SOLAR LTD

🌿Early-stageactive
SC784687 · ltd · incorporated 2023-10-03
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 Oct 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
  • 35140SIC 35140
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 70/100. 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 (73/100).

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
9 filings
60
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
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
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£0Oct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-10-312024-10-31
Average employees00

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

🔒Filing-note intelligence

2 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
1
filing
  • 1 accounts
Last 90 days
2
filings
  • 1 accounts
  • 1 change-of-name
Last 180 days
2
filings
  • 1 accounts
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-04-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-02-20
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2025-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-04-16
    GARVIE, Amber Catherine resigned
    director
  5. 2025-04-16
    GARVIE, Lucy Alexandra resigned
    director
  6. 2025-04-16
    GARVIE, Scott Maxwell resigned
    director
  7. 2025-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-10-03
    🏢
    Company incorporated
    As HALBEATH SOLAR LTD
  11. 2023-10-03
    GARVIE, Lloyd appointed
    director
  12. 2023-10-03
    GARVIE, Amber Catherine appointed
    director
  13. 2023-10-03
    GARVIE, Lucy Alexandra appointed
    director
  14. 2023-10-03
    GARVIE, Scott Maxwell appointed
    director
  15. 2023-10-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Young company: Only 2.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-02-20: certificate-change-of-name-company

Group structure

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

🏛️
Geocore Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
HALBEATH SOLAR LTD
This company · SC784687

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
Geocore Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/10/2023

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2023-10-03
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

21 Melville Street
Edinburgh
EH3 7PE
Scotland

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02

Officers (1 active · 3 resigned)

GARVIE, Lloyd
director · ~63y · appointed 2023-10-03
View their other companies + combined net worth →
Active
GARVIE, Amber Catherine
director · ~28y · appointed 2023-10-03 · resigned 2025-04-16
Resigned
GARVIE, Lucy Alexandra
director · ~32y · appointed 2023-10-03 · resigned 2025-04-16
Resigned
GARVIE, Scott Maxwell
director · ~30y · appointed 2023-10-03 · resigned 2025-04-16
Resigned

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

Recent filings (9 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-06
certificate-change-of-name-company
change-of-name · CERTNM
2026-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-26
termination-director-company-with-name-termination-date
officers · TM01
2025-04-16
termination-director-company-with-name-termination-date
officers · TM01
2025-04-16
termination-director-company-with-name-termination-date
officers · TM01
2025-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02
incorporation-company
incorporation · NEWINC
2023-10-03