MEMSIE RENEWABLES LTD.

🌳Matureactive
SC378551 · ltd · incorporated 2010-05-14
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 15.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£115.9k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Asset-holding vehicle with a 86-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 86). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 15.3y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 15.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £115,942
Cash YoY
+2166%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£20k
↑ 2166% YoY
Net Worth
£116k
↑ 8.8% YoY
Current Assets
£58k
↑ 109% YoY
Current Liabilities
—
£0£23k£46k£70k£93k£116kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£138.2k£133.1k
Current assets£58.0k£27.8k
Cash£20.4k£899
Debtors£37.7k£26.9k
Net assets£115.9k£106.6k

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
2
filings
  • • 1 mortgage
  • • 1 accounts
Last 180 days
2
filings
  • • 1 mortgage
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-03-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-03-13
    🔓
    Charge satisfied #1
  3. 2026-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-12
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2023-09-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2023-09-08
    ➕
    STRACHAN, Karen appointed
    secretary
  9. 2023-09-08
    ➕
    STRACHAN, Karen appointed
    director
  10. 2023-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-02-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-02-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2020-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-08-03
    ➖
    STEWART, Alasdair Duncan resigned
    director
  17. 2019-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-02-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2016-05-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2010-12-23
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  22. 2010-05-15
    ➖
    MABBOTT, Stephen George resigned
    director
  23. 2010-05-14
    🏢
    Company incorporated
    As MEMSIE RENEWABLES LTD.
  24. 2010-05-14
    ➕
    STEWART, Nancy Leiper appointed
    director
  25. 2010-05-14
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  26. 2010-05-14
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  27. 2010-05-14
    ➕
    MABBOTT, Stephen George appointed
    director
  28. 2010-05-14
    ➕
    STEWART, Alasdair Duncan appointed
    director

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 86 — succession pressure is live.

Succession & seller-readiness

79/100
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 86 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Nancy Leiper Stewart
Individual · British · DOB 12/1940 · age 86
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
EIS WASTE SERVICES LIMITED→
SC254990 · est 2003
£25.56M
£18.40M–£32.71M
£17.10M—1120022y8353y
4L ENERGY LIMITED→
SC366919 · est 2009
——£3.79M—16y8377y
CASTLE OF AUCHRY WINDFARM LIMITED→
SC364080 · est 2009
——£1.31M—16y8367y
BENZIES RENEWABLE POWER LTD.→
SC352727 · est 2008
——£3.02M—17y8270y
BRUXIEHILL WIND ENERGY LIMITED→
SC347146 · est 2008
——£1.83M—17y8262y
GREEN FUTURE FARMS LIMITED→
SC372839 · est 2010
——£2.15M—16y8259y
HERSCHA WIND ENERGY LIMITED→
SC333209 · est 2007
———018y8269y
ME1 SOLAR LTD→
SC787885 · est 2023 · no financials extracted
————2y——
MELROSE WIND LIMITED→
SC510251 · est 2015 · no financials extracted
————10y——
OFFSHORE ENERGY CONTRACTING SOLUTIONS LIMITED→
SC814141 · est 2024 · no financials extracted
————1y——
S & C SECURITY AND ELECTRICAL LIMITED→
SC261336 · est 2003 · no financials extracted
————22y——
SELN LIMITED→
SC396796 · est 2011 · no financials extracted
————15y——
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
Incorporated2010-05-14
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

East Sinclairhills
Memsie
Fraserburgh
Aberdeenshire
AB43 7AL

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-28
Last: 2025-05-14

Officers (3 active · 3 resigned)

STRACHAN, Karen→
secretary · appointed 2023-09-08
View their other companies + combined net worth →
Active
STEWART, Nancy Leiper→
director · ~86y · appointed 2010-05-14
View their other companies + combined net worth →
Active
STRACHAN, Karen→
director · ~59y · appointed 2023-09-08
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2010-05-14 · resigned 2010-05-14
Resigned
MABBOTT, Stephen George→
director · ~76y · appointed 2010-05-14 · resigned 2010-05-15
Resigned
STEWART, Alasdair Duncan→
director · ~87y · appointed 2010-05-14 · resigned 2019-08-03
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property23/12/201013/03/2026

Recent filings (41 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
appoint-person-secretary-company-with-name-date
officers · AP03
2023-09-12
appoint-person-director-company-with-name-date
officers · AP01
2023-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-14