BARRA AND VATERSAY WIND ENERGY LIMITED

🌳Matureactive

SC382572 · ltd · incorporated 2010-07-26

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£1.21M

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 35110

Sector: Electricity, gas & energy

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

9 live charges · 5 lenders · oldest 14.7y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 14.7 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (72/100)

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

Lenders & charges

9 charges (9/9 with lender, 9/9 with type)

Directors & officers

7 officers (5 active, 7 linked, 5 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

6 connected companies via shared directors

Filing history

60 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £1,207,974

Cash YoY

-1%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£633k

↓ 1.4% YoY

Net Worth

£1.2m

↑ 6.9% YoY

Current Assets

£812k

↓ 13% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£1.40M	£1.55M
Current assets	£812.3k	£930.0k
Cash	£633.2k	£642.3k
Debtors	£4.7k	£93.6k
Net assets	£1.21M	£1.13M

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2025-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-25
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-02-25
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-02-20
➕
MACKINNON, Helen Louise appointed
secretary
2025-02-20
➖
MACLEAN, Sarah-Jane resigned
secretary
2024-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-22
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-20
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2021-10-12
📄
gazette-notice-compulsory
gazette · GAZ1
2021-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-27
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2021-05-25
📄
gazette-notice-compulsory
gazette · GAZ1
2020-03-16
📄
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2019-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-12-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-10
➖
JARDINE, Roderick John Mitchell resigned
director
2014-12-01
🔒
Charge registered #9
Lender: Triodos Bank N.V
2014-02-17
🔒
Charge registered #8
Lender: Triodos Bank N.V.
2014-02-17
🔒
Charge registered #7
Lender: Triodos Bank N.V.
2013-10-25
🔓
Charge satisfied #1
2013-10-22
🔒
Charge registered #6
Lender: Triodos Bank Nv
2013-10-16
🔒
Charge registered #5
Lender: Triodos Bank N.V.
2013-10-16
🔒
Charge registered #4
Lender: Triodos Bank N.V.
2013-10-16
🔒
Charge registered #3
Lender: Triodos Bank N.V.
2013-02-07
🔒
Charge registered #2
Lender: Scottish Enterprise
2012-03-21
➕
JARDINE, Roderick John Mitchell appointed
director
2011-08-09
🔒
Charge registered #1
Lender: Comhairle Nan Eilean Siar
2011-04-15
➕
MACLEAN, Sarah Jane appointed
director
2011-04-15
➕
MACNEIL, Donald appointed
director
2011-04-15
➕
SCOTT, Euan Andrew appointed
director
2010-07-26
🏢
Company incorporated
As BARRA AND VATERSAY WIND ENERGY LIMITED
2010-07-26
➕
BROWN, Peter Lawson appointed
director
2010-07-26
➕
MACLEAN, Sarah-Jane appointed
secretary

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-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 67 — succession pressure is live.

Succession & seller-readiness

63/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
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

1 low

8 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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 · HS postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
HEBRIDEAN ENERGY LIMITED→ SC235072 · est 2002	—	—	£1.37M	—	23y	82	60y
HEBRIDES ENERGY COMMUNITY INTEREST COMPANY→ SC516732 · est 2015 · no financials extracted	—	—	—	—	10y	78	77y
EILEAN SIAR ENERGY LTD→ SC855226 · est 2025 · no financials extracted	—	—	—	—	—	76	78y
GALSON ENERGY LIMITED→ SC271325 · est 2004	—	—	£2.17M	—	21y	76	77y
CLIMATE HEBRIDES CIC→ SC733021 · est 2022 · no financials extracted	—	—	—	—	3y	75	72y
GARRYHEILLIE WIND LIMITED→ SC491160 · est 2014	—	—	£63.6k	—	11y	75	57y
ENERGEE CUBES LIMITED→ SC747219 · est 2022	—	—	£100	—	3y	71	57y
HIGHLANDS & ISLANDS SEWAGE TREATMENT SYSTEMS LIMITED→ SC812543 · est 2024	—	—	—	—	1y	70	54y
BARRA AND VATERSAY ENVIRONMENTAL SERVICES LIMITED→ SC382570 · est 2010	—	—	£-25.0k	—	15y	64	68y
EILEAN ENVIRONMENTAL SERVICES LIMITED→ SC440004 · est 2013	—	—	£-1.8k	—	13y	58	40y
ARNISH COMMUNITY WINDFARM LIMITED→ SC784118 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
MACDONALD WIND LTD→ SC444265 · est 2013 · no financials extracted	—	—	—	—	13y	—	—

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.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2010-07-26

Jurisdictionscotland

Primary SIC35110 — SIC 35110

Registered office

Castlebay Hall

Castlebay

Isle Of Barra

HS9 5XD

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-08-05

Last: 2025-07-22