GALSON ENERGY LIMITED
🌳Matureactive
SC271325 · ltd · incorporated 2004-07-29
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 Sept 2024
Net worth
£2.17M
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
- 35140SIC 35140
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 77). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
13 live charges · 4 lenders · oldest 12.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 12.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
20 officers (3 active, 20 linked, 16 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £2,174,072
Cash YoY
+72%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1.8m
↑ 72% YoY
Net Worth
£2.2m
↑ 5.4% YoY
Current Assets
£2.1m
↑ 41% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £3.09M | £3.41M |
| Current assets | £2.08M | £1.47M |
| Cash | £1.77M | £1.03M |
| Debtors | £312.7k | £442.2k |
| Net assets | £2.17M | £2.06M |
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 (73 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-06-28📄accounts-with-accounts-type-smallaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-smallaccounts · AA
- 2022-07-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-13➖MACLEAN, Colin Malcolm resigneddirector
- 2021-06-28📄accounts-with-accounts-type-smallaccounts · AA
- 2020-06-30📄accounts-with-accounts-type-smallaccounts · AA
- 2019-08-16📄change-person-director-company-with-change-dateofficers · CH01
- 2019-06-28📄accounts-with-accounts-type-smallaccounts · AA
- 2018-08-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2018-08-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2018-08-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-06-29📄accounts-with-accounts-type-smallaccounts · AA
- 2017-07-11📄accounts-with-accounts-type-smallaccounts · AA
- 2016-11-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2016-11-01📄gazette-notice-compulsorygazette · GAZ1
- 2016-04-29➕SMITH, Alasdair appointeddirector
- 2016-04-29➕MACLEAN, Colin Malcolm appointeddirector
- 2016-04-29➖THOMSON, Norman Neil resigneddirector
- 2016-02-19➖FINLAYSON, Neil, Mr. resigneddirector
- 2016-01-25➖FRASER, Simon Andrew resigneddirector
- 2015-12-12🔓Charge satisfied #8
- 2015-09-08🔒Charge registered #13Lender: Triodos Bank N.V
- 2015-08-21🔓Charge satisfied #5
- 2015-08-21🔓Charge satisfied #4
- 2015-08-21🔓Charge satisfied #3
- 2015-08-21🔓Charge satisfied #2
- 2015-08-21🔓Charge satisfied #1
- 2015-08-14🔒Charge registered #12Lender: Triodos Bank Nv
- 2015-08-14🔒Charge registered #11Lender: Triodos Bank Nv
- 2015-08-14🔒Charge registered #10Lender: Triodos Bank Nv
- 2015-08-14🔒Charge registered #9Lender: Triodos Bank Nv
- 2014-01-16🔒Charge registered #8Lender: The Co-Operative Bank PLC
- 2013-11-25🔒Charge registered #7Lender: Scottish Enterprise
- 2013-11-14🔒Charge registered #6Lender: Scottish Enterprise
- 2013-06-20🔒Charge registered #5Lender: The Co-Operative Bank PLC
- 2013-06-14🔒Charge registered #4Lender: The Co-Operative Bank PLC
- 2013-06-14🔒Charge registered #3Lender: The Co-Operative Bank PLC
- 2013-06-14🔒Charge registered #2Lender: The Co-Operative Bank PLC
- 2013-06-14🔒Charge registered #1Lender: The Co-Operative Bank PLC
- 2012-02-10➖MACLEAN, Colin Malcolm resigneddirector
- 2011-12-06➕MACRITCHIE, Murdo appointeddirector
- 2011-12-06➕FINLAYSON, Neil, Mr. appointeddirector
- 2011-12-06➕FRASER, Simon Andrew appointeddirector
- 2011-11-01➖MACLEOD, James resigneddirector
- 2011-11-01➖MORRISON, Alexander John, Captain resigneddirector
- 2009-09-08➖MACKAY, Donald Angus resignedsecretary
- 2007-11-20➕BELL, Carola Margaret appointeddirector
- 2007-11-20➕MACKAY, Donald Angus appointedsecretary
Showing most recent 50 of 73 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 22 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️
Sminig Energy Society Limited
Corporate parent
🏛️ultimate parent
Triodos Investments Limited
Corporate parent · holds 75-100% shares
⬇
GALSON ENERGY LIMITED
This company · SC271325
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Sminig Energy Society Limited Corporate entity | — | 75–100% | 75-100% voting | 06/04/2016 |
Triodos Investments Limited Corporate entity | 75–100% | — | 75-100% shares | 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 · Energy & utilities · HS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HEBRIDEAN ENERGY LIMITED→ SC235072 · est 2002 | — | — | £1.37M | — | 23y | 82 | 60y |
| BARRA AND VATERSAY WIND ENERGY LIMITED→ SC382572 · est 2010 | — | — | £1.21M | — | 15y | 79 | 67y |
| HEBRIDES ENERGY COMMUNITY INTEREST COMPANY→ SC516732 · est 2015 · no financials extracted | — | — | — | — | 10y | 78 | 77y |
| MACDONALD WIND LTD→ SC444265 · est 2013 | — | — | £47.2k | — | 13y | 78 | 63y |
| ARNISH COMMUNITY WINDFARM LIMITED→ SC784118 · est 2023 | — | — | — | — | 2y | 76 | 77y |
| EILEAN SIAR ENERGY LTD→ SC855226 · est 2025 · no financials extracted | — | — | — | — | — | 76 | 78y |
| CLIMATE HEBRIDES CIC→ SC733021 · est 2022 · no financials extracted | — | — | — | — | 3y | 75 | 72y |
| GARRYHEILLIE WIND LIMITED→ SC491160 · est 2014 | — | — | £63.6k | — | 11y | 75 | 57y |
| POINT AND SANDWICK POWER LIMITED→ SC369199 · est 2009 | — | — | £2.86M | — | 16y | 75 | 83y |
| WEST HARRIS RENEWABLES LIMITED→ SC371473 · est 2010 | — | — | £91.7k | — | 16y | 75 | 52y |
| ENERGEE CUBES LIMITED→ SC747219 · est 2022 | — | — | £100 | — | 3y | 71 | 57y |
| HIGHLANDS & ISLANDS SEWAGE TREATMENT SYSTEMS LIMITED→ SC812543 · est 2024 | — | — | — | — | 1y | 70 | 54y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2004-07-29
Jurisdictionscotland
Primary SIC35110 — SIC 35110
Registered office
Business Centre Tom Na Ba
South Galson
Isle Of Lewis
HS2 0SH
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-24
Last: 2025-08-10
Officers (3 active · 17 resigned)
BELL, Carola Margaret→
Activedirector · ~77y · appointed 2007-11-20
View their other companies + combined net worth →
MACRITCHIE, Murdo→
Activedirector · ~51y · appointed 2011-12-06
View their other companies + combined net worth →
SMITH, Alasdair→
Activedirector · ~66y · appointed 2016-04-29
View their other companies + combined net worth →
GRAHAM, Alasdair Hugh→
Resignedsecretary · appointed 2004-12-17 · resigned 2007-01-05
MACDONALD, Donald Angus→
Resignedsecretary · appointed 2007-01-05 · resigned 2007-07-24
MACKAY, Donald Angus→
Resignedsecretary · appointed 2007-11-20 · resigned 2009-09-08
GILLESPIE MACANDREW WS→
Resignedcorporate-nominee-secretary · appointed 2004-07-29 · resigned 2004-12-17
FINLAYSON, Neil, Mr.→
Resigneddirector · ~67y · appointed 2011-12-06 · resigned 2016-02-19
FRASER, Simon Andrew→
Resigneddirector · ~71y · appointed 2011-12-06 · resigned 2016-01-25
GRAHAM, Alasdair Hugh→
Resigneddirector · ~77y · appointed 2004-08-20 · resigned 2007-01-05
MACDONALD, Donald Angus→
Resigneddirector · ~61y · appointed 2007-01-05 · resigned 2007-07-24
MACLEAN, Colin Malcolm→
Resigneddirector · ~84y · appointed 2016-04-29 · resigned 2022-01-13
MACLEAN, Colin Malcolm→
Resigneddirector · ~84y · appointed 2007-11-20 · resigned 2012-02-10
MACLEOD, James→
Resigneddirector · ~89y · appointed 2007-11-20 · resigned 2011-11-01
MACMILLAN, Jean→
Resigneddirector · ~115y · appointed 2004-08-20 · resigned 2007-01-05
MACRAE, Alasdair Gilleasbuig→
Resigneddirector · ~69y · appointed 2004-08-20 · resigned 2007-01-05
MORRISON, Alexander John, Captain→
Resigneddirector · ~76y · appointed 2007-11-20 · resigned 2011-11-01
MURRAY, Thomas Kenneth→
Resigneddirector · ~68y · appointed 2004-07-29 · resigned 2004-08-20
RENNIE, Agnes→
Resigneddirector · ~67y · appointed 2007-01-05 · resigned 2007-11-20
THOMSON, Norman Neil→
Resigneddirector · ~83y · appointed 2007-01-05 · resigned 2016-04-29
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
7
Outstanding
3
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Triodos Bank N.V | A registered charge | 2 properties | 08/09/2015 | — | |
| outstanding | Triodos Bank Nv | A registered charge | — | 14/08/2015 | — | |
| outstanding | Triodos Bank Nv | A registered charge | — | 14/08/2015 | — | |
| outstanding | Triodos Bank Nv | A registered charge | — | 14/08/2015 | — | |
| outstanding | Triodos Bank Nv | A registered charge | — | 14/08/2015 | — | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | A registered charge | 1 property | 16/01/2014 | 12/12/2015 | |
| outstanding | Scottish Enterprise | A registered charge | 1 property | 25/11/2013 | — | |
| outstanding | Scottish Enterprise | A registered charge | 1 property | 14/11/2013 | — | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | A registered charge | 1 property | 20/06/2013 | 21/08/2015 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | A registered charge | 1 property | 14/06/2013 | 21/08/2015 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | A registered charge | 1 property | 14/06/2013 | 21/08/2015 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | A registered charge | 1 property | 14/06/2013 | 21/08/2015 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | A registered charge | 1 property | 14/06/2013 | 21/08/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (117 total)
accounts-with-accounts-type-small
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-small
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
accounts-with-accounts-type-small
accounts · AA
2023-06-28
accounts-with-accounts-type-small
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-22
termination-director-company-with-name-termination-date
officers · TM01
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-23
accounts-with-accounts-type-small
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-20
accounts-with-accounts-type-small
accounts · AA
2020-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-16
change-person-director-company-with-change-date
officers · CH01
2019-08-16