GREENPOWER DEVELOPMENTS LTD.

🌳Matureactive

SC226528 · ltd · incorporated 2001-12-21

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

81/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 81/100 (exceptional), bankability 75/100. 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: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

12 officers (7 active, 12 linked, 8 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

14 connected companies via shared directors

Filing history

82 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Average employees	21	1700

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2025-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-06
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-06
📄
change-person-director-company-with-change-date
officers · CH01
2024-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-25
➕
MINTO, Paul appointed
director
2022-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-25
📄
second-filing-of-director-appointment-with-name
officers · RP04AP01
2021-05-24
📄
change-person-director-company-with-change-date
officers · CH01
2021-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-27
➕
FORREST, Julie Alison appointed
director
2020-03-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-01-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-01-06
➕
BAXTER, George appointed
director
2019-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-06-27
➖
PARKIN, Philip Ian Boyce resigned
director
2018-01-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-07
➕
EXTERNAL OFFICER LIMITED appointed
corporate-secretary
2016-11-07
➖
MACFARLANE GRAY resigned
corporate-secretary
2013-07-02
➕
SIMPSON, James Taylor appointed
director
2013-07-02
➕
PARKIN, Philip Ian Boyce appointed
director
2012-07-24
➖
MACKAY, Nicolas Kenneth John resigned
director
2009-01-01
➕
MACKAY, Nicolas Kenneth John appointed
director
2008-03-31
➕
MORGAN, John Andrew appointed
director
2002-10-17
➖
FORREST, Julie Alison resigned
secretary
2002-10-17
➕
MACFARLANE GRAY appointed
corporate-secretary
2001-12-21
🏢
Company incorporated
As GREENPOWER DEVELOPMENTS LTD.
2001-12-21
➕
FORREST, Robert John appointed
director
2001-12-21
➕
FORREST, Julie Alison appointed
secretary
2001-12-21
➕
IGP CORPORATE NOMINEES LTD appointed
corporate-nominee-secretary
2001-12-21
➖
IGP CORPORATE NOMINEES LTD resigned
corporate-nominee-secretary

Owner dependency

66/100

High — earn-out structure required

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

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
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

Greenpower (International) Ltd. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Greenpower (International) Ltd.

Corporate parent · holds 75-100% shares

ultimate parent

⬇

GREENPOWER DEVELOPMENTS LTD.

This company · SC226528

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
Greenpower (International) Ltd. Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

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 →

Similar companies

Active · Trade services · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GLOBAL VOICES LTD.→ SC270103 · est 2004	£2.08M £1.56M–£2.60M	—	—	52	21y	82	52y
DOLLAR ANTIQUES LTD→ SC742384 · est 2022	£32.8k £24.6k–£41.0k	£383.8k	—	500	3y	89	60y
CASTLE VIEW VENTURES LIMITED→ SC334617 · est 2007 · no financials extracted	—	—	—	—	18y	83	65y
CENTRAL RECYCLING LIMITED→ SC172120 · est 1997	—	—	£3.88M	—	29y	83	60y
POCKET ROCKET CREATIVE LTD.→ SC314831 · est 2007	—	—	£192.2k	—	19y	83	59y
THE LAW GROUP SCOTLAND LIMITED→ SC366593 · est 2009	—	—	£18.1k	—	16y	83	61y
ACF CLEANING LIMITED→ SC227534 · est 2002	—	—	£699.5k	—	24y	82	59y
ALBION VEHICLE WASH ENGINEERS (CENTRAL) LTD.→ SC319156 · est 2007	—	—	—	2	19y	82	61y
AQUAKLENZ LTD.→ SC257531 · est 2003	—	—	£3.6k	—	22y	82	74y
C E CONTRACTS LIMITED→ SC385639 · est 2010	—	—	£1.45M	—	15y	82	61y
CARBROOK PROPERTIES LIMITED→ SC234755 · est 2002	—	—	£79.1k	—	23y	82	70y
CLAIVER LIMITED→ SC293836 · est 2005	—	—	—	400	20y	82	67y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2001-12-21

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

The E-Centre

Cooperage Way

Alloa

Clackmannanshire

FK10 3LP

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-07-14

Last: 2025-06-30