ISLAY RENEWABLE ENERGIES LTD

💤Zombieactive
SC321405 · ltd · incorporated 2007-04-18
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 35130
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 2 confirmation-statement
  • • 1 accounts
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-03-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2026-01-23
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  3. 2025-01-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-12-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-02-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2022-12-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-04-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-03-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-02-23
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2020-01-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-07-22
    ➕
    LAURIE, Polly appointed
    secretary
  12. 2019-07-22
    ➖
    YOUNG, Geunda Claire Lorraine resigned
    secretary
  13. 2018-11-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2018-01-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2017-02-20
    ➕
    DEAN, George appointed
    director
  16. 2017-02-20
    ➖
    HARRISON, Stephen resigned
    director
  17. 2017-02-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2016-02-09
    ➕
    HARRISON, Stephen appointed
    director
  19. 2015-11-04
    ➖
    OGILVIE, Malcolm Alexander, Dr resigned
    director
  20. 2015-01-01
    ➖
    MAXWELL, Philip Hugh resigned
    director
  21. 2015-01-01
    ➕
    OGILVIE, Malcolm Alexander, Dr appointed
    director
  22. 2011-01-06
    ➖
    CLARK, Anne Elizabeth resigned
    secretary
  23. 2011-01-06
    ➕
    YOUNG, Geunda Claire Lorraine appointed
    secretary
  24. 2007-04-18
    🏢
    Company incorporated
    As ISLAY RENEWABLE ENERGIES LTD
  25. 2007-04-18
    ➕
    CLARK, Anne Elizabeth appointed
    secretary
  26. 2007-04-18
    ➕
    MAXWELL, Philip Hugh appointed
    director

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

Islay Energy Trust is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Islay Energy Trust
Corporate parent · board control
⬇
ISLAY RENEWABLE ENERGIES LTD
This company · SC321405

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%
NameSharesVoting rightsNature of controlNotified
Islay Energy Trust
Corporate entity
—75–100%board control75-100% voting · board control21/02/2017

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

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.

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Company details

Statusactive
Typeltd
Incorporated2007-04-18
Jurisdictionscotland
Primary SIC35130 — SIC 35130

Registered office

Custom House
Main Street
Bowmore
Argyll And Bute
PA43 7JJ

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-02-07
Last: 2026-01-24

Officers (2 active · 5 resigned)

LAURIE, Polly→
secretary · appointed 2019-07-22
View their other companies + combined net worth →
Active
DEAN, George→
director · ~79y · appointed 2017-02-20
View their other companies + combined net worth →
Active
CLARK, Anne Elizabeth→
secretary · appointed 2007-04-18 · resigned 2011-01-06
Resigned
YOUNG, Geunda Claire Lorraine→
secretary · appointed 2011-01-06 · resigned 2019-07-22
Resigned
HARRISON, Stephen→
director · ~60y · appointed 2016-02-09 · resigned 2017-02-20
Resigned
MAXWELL, Philip Hugh→
director · ~79y · appointed 2007-04-18 · resigned 2015-01-01
Resigned
OGILVIE, Malcolm Alexander, Dr→
director · ~87y · appointed 2015-01-01 · resigned 2015-11-04
Resigned

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

Recent filings (56 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-24
change-person-secretary-company-with-change-date
officers · CH03
2026-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-dormant
accounts · AA
2025-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
accounts-with-accounts-type-dormant
accounts · AA
2023-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
termination-secretary-company-with-name-termination-date
officers · TM02
2023-02-15
accounts-with-accounts-type-dormant
accounts · AA
2022-12-21
accounts-with-accounts-type-dormant
accounts · AA
2022-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-17
accounts-with-accounts-type-dormant
accounts · AA
2021-03-29