ASSYNT HYDRO LIMITED

🌳Matureactive
SC138431 · ltd · incorporated 1992-05-21
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 26.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 26.2y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 26.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 7 with DOB)
83
Ownership & PSC
4 active PSC(s) of 6 total, 6 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
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 employees300300

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2025-03-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-06-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-06-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-06-22
    ➖
    MACLEOD, Donald Murdo resigned
    director
  7. 2023-06-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-06-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-03-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2022-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-06-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2022-06-20
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2022-06-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2022-03-22
    ➕
    MORRISON, John appointed
    secretary
  16. 2022-03-22
    ➖
    MACKENZIE, John resigned
    secretary
  17. 2022-03-22
    ➖
    MACKENZIE, John resigned
    director
  18. 2021-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2015-10-26
    ➕
    BULCH, Matthew Dallas appointed
    director
  23. 2015-10-26
    ➕
    MORRISON, James Matheson appointed
    director
  24. 2015-08-31
    ➖
    MCKENZIE, David James Turner resigned
    director
  25. 2015-06-02
    🔓
    Charge satisfied #2
  26. 2000-03-10
    🔒
    Charge registered #4
    Lender: Triodos Bank Nv
  27. 2000-02-02
    🔒
    Charge registered #2
    Lender: Triodos Bank Nv
  28. 1999-10-01
    ➕
    MCKENZIE, David James Turner appointed
    director
  29. 1999-07-01
    ➕
    MORRISON, John appointed
    director
  30. 1999-07-01
    ➕
    MACLEOD, Donald Murdo appointed
    director
  31. 1999-07-01
    ➖
    MACRAE, Alan William resigned
    director
  32. 1992-06-25
    ➕
    MACKENZIE, John appointed
    secretary
  33. 1992-06-25
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  34. 1992-06-25
    ➕
    MACKENZIE, John appointed
    director
  35. 1992-06-25
    ➕
    MACRAE, Alan William appointed
    director
  36. 1992-06-25
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  37. 1992-05-21
    🏢
    Company incorporated
    As ASSYNT HYDRO LIMITED
  38. 1992-05-21
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  39. 1992-05-21
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Assynt Crofters Trust Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Assynt Crofters Trust Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
ASSYNT HYDRO LIMITED
This company · SC138431

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

Shareholders & ownership

4 active beneficial owners · dominant holder ≥75% · fragmented
NameSharesVoting rightsNature of controlNotified
Assynt Crofters Trust Limited
Corporate entity
75–100%
—75-100% shares06/04/2016
Mr Matthew Dallas Bulch
Individual · British · DOB 08/1990 · age 36
——sig. influencesignificant influence06/04/2016
Mr James Matheson Morrison
Individual · British · DOB 11/1991 · age 35
——sig. influencesignificant influence06/04/2016
Mr John Morrison
Individual · British · DOB 08/1960 · age 66
——sig. influencesignificant influence06/04/2016
2 historic (ceased) PSCs
  • Mr Donald Murdo Macleodceased 22/06/2023· significant influence
  • Mr John Mackenzieceased 22/03/2022· significant influence

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
Incorporated1992-05-21
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Cnoc Uaine Culkein
Stoer
Lochinver
Sutherland
IV27 4JG
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21

Officers (4 active · 7 resigned)

MORRISON, John→
secretary · appointed 2022-03-22
View their other companies + combined net worth →
Active
BULCH, Matthew Dallas→
director · ~36y · appointed 2015-10-26
View their other companies + combined net worth →
Active
MORRISON, James Matheson→
director · ~35y · appointed 2015-10-26
View their other companies + combined net worth →
Active
MORRISON, John→
director · ~66y · appointed 1999-07-01
View their other companies + combined net worth →
Active
MACKENZIE, John→
secretary · appointed 1992-06-25 · resigned 2022-03-22
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1992-05-21 · resigned 1992-06-25
Resigned
MACKENZIE, John→
director · ~89y · appointed 1992-06-25 · resigned 2022-03-22
Resigned
MACLEOD, Donald Murdo→
director · ~78y · appointed 1999-07-01 · resigned 2023-06-22
Resigned
MACRAE, Alan William→
director · ~87y · appointed 1992-06-25 · resigned 1999-07-01
Resigned
MCKENZIE, David James Turner→
director · ~89y · appointed 1999-10-01 · resigned 2015-08-31
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1992-05-21 · resigned 1992-06-25
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Triodos Bank Nv
Standard security1 property10/03/2000—
satisfied
Triodos Bank Nv
Bond & floating charge1 property02/02/200002/06/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (107 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-28
termination-director-company-with-name-termination-date
officers · TM01
2023-06-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-12
change-person-director-company-with-change-date
officers · CH01
2023-06-12
change-person-director-company-with-change-date
officers · CH01
2023-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-20
termination-secretary-company-with-name-termination-date
officers · TM02
2022-06-20