ORKNEY RENEWABLE ENERGY LIMITED

🌳Matureactive

SC232619 · ltd · incorporated 2002-06-11

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2025

Net worth

—

book net assets

Opportunity

81/100

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 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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, 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

15 officers (6 active, 15 linked, 11 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

11 connected companies via shared directors

Filing history

86 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	2025-12-31	2024-12-31
Average employees	6	6

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2026-04-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-07-11
➕
PYKE, Steven Jon appointed
director
2021-09-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-01
📄
memorandum-articles
incorporation · MA
2021-09-01
📄
resolution
resolution · RESOLUTIONS
2021-08-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-08-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-08-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-07-29
➕
WOOD, Erlend John appointed
director
2021-07-29
➖
DAVIES, Gareth John, Dr resigned
director
2021-07-29
➖
RENDALL, Bryan John resigned
director
2020-11-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-11-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-11-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-11-20
➕
CLYDE, Torquil appointed
director
2020-11-20
➖
AUSTIN, Michael Tyrie resigned
director
2020-11-20
➕
DAVIES, Gareth John, Dr appointed
director
2020-08-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-08-14
➖
HEDDLE, James Ian resigned
director
2019-09-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-13
➕
SPENCE, Magnus John Sinclair appointed
director
2011-06-25
➖
SPENCE, Albert Brown resigned
director
2006-06-01
➕
SCHOLES, Karen appointed
secretary
2006-06-01
➖
MACLEOD, Alastair resigned
secretary
2004-11-09
➕
HEDDLE, James Ian appointed
director
2004-02-11
➕
GAULD, Richard appointed
director
2004-01-15
➕
RENDALL, Bryan John appointed
director
2004-01-14
➕
AUSTIN, Michael Tyrie appointed
director
2002-09-23
➕
MACLEOD, Alastair appointed
secretary
2002-09-23
➖
RISBRIDGER, Colin David resigned
secretary
2002-09-23
➖
RISBRIDGER, Colin David resigned
director
2002-06-11
🏢
Company incorporated
As ORKNEY RENEWABLE ENERGY LIMITED
2002-06-11
➕
RISBRIDGER, Colin David appointed
secretary
2002-06-11
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2002-06-11
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2002-06-11
➕
RISBRIDGER, Colin David appointed
director
2002-06-11
➕
SPENCE, Albert Brown appointed
director

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.

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 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 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.)

🔒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 · Energy & utilities · KW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
HOY ENERGY LIMITED→ SC365871 · est 2009	—	—	—	7	16y	83	74y
AYRENERGY LIMITED→ SC363794 · est 2009	—	—	£3.73M	—	16y	82	80y
BURGAR HILL RENEWABLES LIMITED→ SC300971 · est 2006	—	—	£4.67M	—	20y	82	66y
THORKELL RENEWABLE ENERGY LIMITED→ SC365949 · est 2009	—	—	—	0	16y	81	66y
EVIE WIND ENERGY LIMITED→ SC329339 · est 2007	—	—	—	0	18y	80	64y
FLEX HILL LTD→ SC293396 · est 2005	—	—	£89.9k	—	20y	80	80y
HAMMARS HILL ENERGY LIMITED→ SC301103 · est 2006 · no financials extracted	—	—	—	—	19y	80	66y
MIDDLETON ENERGY LTD→ SC410244 · est 2011	—	—	£143.0k	—	14y	80	69y
CLYNEMILTON ENERGY LTD→ SC456570 · est 2013	—	—	—	—	12y	79	74y
GRIMSETTER LIMITED→ SC452413 · est 2013	—	—	£381.2k	—	12y	79	67y
ENYAS HILL WIND FARM LTD→ SC422157 · est 2012	—	—	—	—	14y	78	68y
G & S SINCLAIR LIMITED→ SC480452 · est 2014	—	—	£218.8k	—	11y	78	62y

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.

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Company details

Statusactive

Typeltd

Incorporated2002-06-11

Jurisdictionscotland

Primary SIC35110 — SIC 35110

Registered office

8 Albert Street

Kirkwall

Orkney

KW15 1HP

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-09-04

Last: 2025-08-21