SPHERE ENERGY CONNECT LIMITED
Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (67/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 101| Metric | 2024-12-31 |
|---|---|
| Average employees | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 3 officers
Corporate timeline (12 events)Click to expand
- 2026-01-07📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2026-01-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-01-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-06➕KEENAN, Olivia Catherine appointedsecretary
- 2026-01-06➕LYONS, Laura Jane appointeddirector
- 2026-01-06➖GRAHAM, Steven resignedsecretary
- 2025-06-04📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-10📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-06-27🏢Company incorporatedAs SPHERE ENERGY CONNECT LIMITED
- 2024-06-27➕FAIRLIE, Helen appointeddirector
- 2024-06-27➕GRAHAM, Steven appointedsecretary
- 2024-06-27📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Young company: Only 1.8 years old — management layer unlikely to be developed.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanGroup structure
Scottish Power Uk Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Scottish Power Uk Plc Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/06/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| ENVIROCLEAN (SCOTLAND) LIMITED→ SC176022 · est 1997 | £9.58M £6.90M–£12.26M | — | — | 246 | 28y | 84 | 59y |
| BARR + WRAY LIMITED→ SC040952 · est 1964 | £4.90M £3.53M–£6.28M | — | — | 5900 | 61y | 84 | 59y |
| BARR + WRAY HOLDINGS 2 LIMITED→ SC276252 · est 2004 | £1.34M £963.0k–£1.71M | — | — | 0 | 21y | 84 | 59y |
| PHILIPHAUGH HYDRO LIMITED→ SC398239 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| PROACTIVE ENERGY LIMITED→ SC351381 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| PURE ALCHEMI LTD→ SC814162 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| RELIANCE CONTRACTS GROUP LIMITED→ SC805685 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| SCOTTISH WATER LIMITED→ SC207004 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| SF ELECTRICAL CONTRACTORS LTD.→ SC519219 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| STRONELAIRG WIND ESTATE LIMITED→ SC432643 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| THE JUNK MAN LTD→ SC844145 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| TRASH BUSTERS LIMITED→ SC834666 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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
Registered office
Filing status
Officers (3 active · 1 resigned)
Click a director name to see their full track record across all companies.