BINN RENEWABLE ENERGY LIMITED
🌳Matureactive
SC375446 · ltd · incorporated 2010-03-24
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 11.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 83/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 11.0y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 11.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (5 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
77 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.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
7
filings
- • 4 other
- • 2 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-01-11📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-01-11📄legacyaccounts · PARENT_ACC
- 2026-01-11📄legacyother · GUARANTEE2
- 2026-01-11📄legacyother · AGREEMENT2
- 2025-12-20📄legacyother · GUARANTEE2
- 2025-12-20📄legacyother · AGREEMENT2
- 2025-04-01➕MACGREGOR, Guy George Monce appointeddirector
- 2025-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-09-04📄legacyaccounts · PARENT_ACC
- 2024-09-02📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-09-02📄legacyother · GUARANTEE2
- 2024-09-02📄legacyother · AGREEMENT2
- 2023-11-16📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-11-16📄legacyaccounts · PARENT_ACC
- 2023-11-16📄legacyother · AGREEMENT2
- 2023-11-16📄legacyother · GUARANTEE2
- 2023-01-20📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-01-20📄legacyother · GUARANTEE2
- 2023-01-10📄legacyaccounts · PARENT_ACC
- 2023-01-10📄legacyother · AGREEMENT2
- 2017-12-20➕SANDERSON, David Duncan appointeddirector
- 2016-05-10🔓Charge satisfied #1
- 2016-04-01🔒Charge registered #2Lender: Hsbc Bank PLC
- 2015-04-29🔒Charge registered #1Lender: Bank of Scotland PLC
- 2011-04-28➕GILLESPIE MACANDREW SECRETARIES LIMITED appointedcorporate-secretary
- 2011-04-28➖1924 NOMINEES LIMITED resignedcorporate-secretary
- 2010-03-25➕MACGREGOR, John Merchant appointeddirector
- 2010-03-24🏢Company incorporatedAs BINN RENEWABLE ENERGY LIMITED
- 2010-03-24➕MACGREGOR, Allan appointeddirector
- 2010-03-24➕1924 NOMINEES LIMITED appointedcorporate-secretary
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
33/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — MACGREGOR, Guy George Monce (same surname) appointed 2025-04-01. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 16 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Binn Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Binn Group Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
BINN RENEWABLE ENERGY LIMITED
This company · SC375446
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Binn Group Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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
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|---|---|---|---|---|---|---|---|
| BRAE WIND ENERGY LIMITED→ SC852525 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRIGHT GREEN ENVIRONMENTAL SOLUTIONS LIMITED→ SC561056 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| CALEDONIAN ALLOYS LIMITED→ SC162625 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| CALEDONIAN WATER SERVICES LIMITED→ SC865854 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CANTLAYHILLS ENERGY LIMITED→ SC554492 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| CAPITAL CITY WASTE SERVICES LTD→ SC847288 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CETO WAVE ENERGY UK LIMITED→ SC441411 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| CHANGE WASTE RECYCLING LIMITED→ SC244949 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| CHRISSANTUS INVESTMENT LIMITED→ SC532922 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CLACH ENERGY STORAGE LIMITED→ SC882598 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CLEARWAY HAULAGE & REMOVALS LTD→ SC874147 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CNOC CAILLICHE ENERGY COMMUNITY INTEREST COMPANY→ SC532295 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2010-03-24
Jurisdictionscotland
Primary SIC38110 — SIC 38110
Registered office
5 Atholl Crescent
Edinburgh
Midlothian
EH3 8EJ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24
Officers (5 active · 1 resigned)
GILLESPIE MACANDREW SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2011-04-28
View their other companies + combined net worth →
MACGREGOR, Allan→
Activedirector · ~57y · appointed 2010-03-24
View their other companies + combined net worth →
MACGREGOR, Guy George Monce→
Activedirector · ~28y · appointed 2025-04-01
View their other companies + combined net worth →
MACGREGOR, John Merchant→
Activedirector · ~81y · appointed 2010-03-25
View their other companies + combined net worth →
SANDERSON, David Duncan→
Activedirector · ~52y · appointed 2017-12-20
View their other companies + combined net worth →
1924 NOMINEES LIMITED→
Resignedcorporate-secretary · appointed 2010-03-24 · resigned 2011-04-28
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | — | 01/04/2016 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 29/04/2015 | 10/05/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (77 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-01-11
legacy
accounts · PARENT_ACC
2026-01-11
legacy
other · GUARANTEE2
2026-01-11
legacy
other · AGREEMENT2
2026-01-11
legacy
other · GUARANTEE2
2025-12-20
legacy
other · AGREEMENT2
2025-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-02
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-27
legacy
accounts · PARENT_ACC
2024-09-04
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-09-02
legacy
other · GUARANTEE2
2024-09-02
legacy
other · AGREEMENT2
2024-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-26