WEST HARRIS RENEWABLES LIMITED
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
Refinance opportunity
2 live charges · oldest 12.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 12.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £327.6k | £285.6k |
| Current assets | £83.4k | £25.1k |
| Cash | £56.3k | £5.7k |
| Debtors | £27.1k | £19.4k |
| Net assets | £91.7k | £43.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (43 events)Click to expand
- 2025-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-12-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-01📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-12-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-12-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-12-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-01🔓Charge satisfied #2
- 2022-12-01🔓Charge satisfied #1
- 2022-11-30➕BEENS, Gerrit appointedsecretary
- 2022-11-30➕BETTINK, Jozias appointeddirector
- 2022-11-30➖CAMPBELL, Neil resignedsecretary
- 2022-11-30➖BENNETT, Robin James Macdonald resigneddirector
- 2022-11-30➖CAMPBELL, Neil resigneddirector
- 2022-11-30➖MACKAY, Norman Ian resigneddirector
- 2022-11-30➖MACLENNAN, Roderick resigneddirector
- 2022-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-01-08🔒Charge registered #2Lender: Sis (Community Finance) Limited
- 2013-12-23🔒Charge registered #1Lender: Sis (Community Finance) Limited
- 2013-01-23➕MACKAY, Norman Ian appointeddirector
- 2012-08-27➖MACLEOD, Robert Alexander resigneddirector
- 2010-10-03➕BENNETT, Robin James Macdonald appointeddirector
- 2010-10-03➕MACLENNAN, Roderick appointeddirector
- 2010-03-28➕CAMPBELL, Neil appointedsecretary
- 2010-03-28➖FERRIS, Michael Ian resignedsecretary
- 2010-03-28➖FERRIS, Michael Ian resigneddirector
- 2010-03-28➖MACDONALD, Stewart Macaulay resigneddirector
- 2010-03-25➕CAMPBELL, Neil appointeddirector
- 2010-03-25➕MACLEOD, Robert Alexander appointeddirector
- 2010-01-20🏢Company incorporatedAs WEST HARRIS RENEWABLES LIMITED
- 2010-01-20➕FERRIS, Michael Ian appointedsecretary
- 2010-01-20➕FERRIS, Michael Ian appointeddirector
- 2010-01-20➕MACDONALD, Stewart Macaulay appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Lubertha Bettink Individual · Dutch · DOB 11/1973 · age 53 | — | — | sig. influencesignificant influence | 30/11/2022 |
Mr Jozias Bettink Individual · Dutch · DOB 01/1974 · age 52 | — | — | sig. influencesignificant influence | 30/11/2022 |
1 historic (ceased) PSC
- The West Harris Trustceased 30/11/2022· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Sis (Community Finance) Sis (Community Finance) Limited | A registered charge | 1 property | 08/01/2014 | 01/12/2022 | |
| satisfied | Sis (Community Finance) Sis (Community Finance) Limited | A registered charge | 1 property | 23/12/2013 | 01/12/2022 |