INNERHADDEN HYDRO LIMITED

🌳Matureactive
SC280727 · ltd · incorporated 2005-02-28
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 17.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 35130
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 59). 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

1 live charge · oldest 17.8y

65/100
clean up first

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

  • · Oldest live charge is 17.8 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 (78/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees100100

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-14
    📄
    capital-return-purchase-own-shares
    capital · SH03
  3. 2025-08-12
    📄
    capital-cancellation-shares
    capital · SH06
  4. 2025-08-05
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-07-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-06-27
    ➖
    BARCLAY, Kate Charlotte resigned
    director
  8. 2025-03-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-03-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2024-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-01-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2008-06-20
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  19. 2005-02-28
    🏢
    Company incorporated
    As INNERHADDEN HYDRO LIMITED
  20. 2005-02-28
    ➕
    BARCLAY, Richard David appointed
    secretary
  21. 2005-02-28
    ➕
    BARCLAY, Richard David appointed
    director
  22. 2005-02-28
    ➕
    BERSI, Ruth Ailsa appointed
    director
  23. 2005-02-28
    ➕
    BARCLAY, Kate Charlotte appointed
    director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Richard David Barclay
Individual · British · DOB 12/1969 · age 57
25–50%
—25-50% shares28/02/2017
Mrs Ruth Ailsa Bersi
Individual · British · DOB 10/1967 · age 59
——sig. influencesignificant influence28/02/2017
1 historic (ceased) PSC
  • Miss Kate Charlotte Barclayceased 27/06/2025· significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2005-02-28
Jurisdictionscotland
Primary SIC35130 — SIC 35130

Registered office

Innerhadden House
Kinloch Rannoch
Pitlochry
PH16 5QD
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (3 active · 1 resigned)

BARCLAY, Richard David→
secretary · appointed 2005-02-28
View their other companies + combined net worth →
Active
BARCLAY, Richard David→
director · ~57y · appointed 2005-02-28
View their other companies + combined net worth →
Active
BERSI, Ruth Ailsa→
director · ~59y · appointed 2005-02-28
View their other companies + combined net worth →
Active
BARCLAY, Kate Charlotte→
director · ~55y · appointed 2005-02-28 · resigned 2025-06-27
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Bond & floating charge1 property20/06/2008—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
capital-return-purchase-own-shares
capital · SH03
2025-08-14
capital-cancellation-shares
capital · SH06
2025-08-12
resolution
resolution · RESOLUTIONS
2025-08-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-01
termination-director-company-with-name-termination-date
officers · TM01
2025-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
change-person-director-company-with-change-date
officers · CH01
2025-03-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22