PENCAITLAND NET ZERO LIMITED

🌿Early-stageactive
SC798222 · ltd · incorporated 2024-02-07
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£1
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
  • 35140SIC 35140
  • 35210SIC 35210
  • 41100Development of building projects
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (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 (58/100).

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 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
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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)
Positive net assets
Net assets £1

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£1
Current Assets
£1
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-31
Total assets£1
Current assets£1
Net assets£1

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2024-12-31
    MAYNARD, Andrew resigned
    director
  4. 2024-10-30
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  5. 2024-10-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-02-07
    🏢
    Company incorporated
    As PENCAITLAND NET ZERO LIMITED
  7. 2024-02-07
    CONSTABLE, Jon Neil appointed
    director
  8. 2024-02-07
    JACKSON, Christopher Edward appointed
    director
  9. 2024-02-07
    MAYNARD, Andrew appointed
    director
  10. 2024-02-07
    📄
    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.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

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

Protium Green Solutions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Protium Green Solutions Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
PENCAITLAND NET ZERO LIMITED
This company · SC798222

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
Protium Green Solutions Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/02/2024

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

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
Incorporated2024-02-07
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

One Lochrin Square
Fountainbridge
Edinburgh
EH3 9QA
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06

Officers (2 active · 1 resigned)

CONSTABLE, Jon Neil
director · ~48y · appointed 2024-02-07
View their other companies + combined net worth →
Active
JACKSON, Christopher Edward
director · ~36y · appointed 2024-02-07
View their other companies + combined net worth →
Active
MAYNARD, Andrew
director · ~42y · appointed 2024-02-07 · resigned 2024-12-31
Resigned

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

Recent filings (7 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
termination-director-company-with-name-termination-date
officers · TM01
2025-01-06
change-account-reference-date-company-current-shortened
accounts · AA01
2024-10-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-30
incorporation-company
incorporation · NEWINC
2024-02-07