FES RENEWABLES LIMITED
⚰️Wound downdissolved
SC387787 · ltd · incorporated 2010-10-28
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 14.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 14.3y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (60/100)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
8 officers (4 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2020-11-24📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2020-11-24🏁Company dissolved
- 2020-09-08📄gazette-notice-voluntarygazette · GAZ1(A)
- 2020-08-27📄dissolution-application-strike-off-companydissolution · DS01
- 2019-12-16📄accounts-with-accounts-type-smallaccounts · AA
- 2018-12-18📄accounts-with-accounts-type-smallaccounts · AA
- 2017-12-15📄accounts-with-accounts-type-smallaccounts · AA
- 2017-01-06📄accounts-with-accounts-type-smallaccounts · AA
- 2016-09-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-09-27🔓Charge satisfied #1
- 2016-08-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2016-07-22🔒Charge registered #2Lender: Barclays Bank PLC
- 2015-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2015-10-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-04-02📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-04-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-04-01➕THOMSON, Craig Alexander appointedsecretary
- 2015-04-01➖JACK, Ronald Gilfillan resignedsecretary
- 2014-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2014-11-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-06-19📄appoint-person-secretary-company-with-nameofficers · AP03
- 2014-06-19📄termination-secretary-company-with-nameofficers · TM02
- 2014-06-12➕JACK, Ronald Gilfillan appointedsecretary
- 2014-06-12➖WALLS, Archibald Peter Menzies resignedsecretary
- 2013-12-20📄accounts-with-accounts-type-smallaccounts · AA
- 2013-10-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-01-07📄accounts-with-accounts-type-smallaccounts · AA
- 2011-12-20🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2010-10-28🏢Company incorporatedAs FES RENEWABLES LIMITED
- 2010-10-28➕FLETCHER, Duncan Struthers appointeddirector
- 2010-10-28➕FLETCHER, Duncan Kirk appointeddirector
- 2010-10-28➕FLETCHER, Kevin Paterson appointeddirector
- 2010-10-28➕WALLS, Archibald Peter Menzies appointedsecretary
- 2010-10-28➕BRIAN REID LTD. appointedcorporate-secretary
- 2010-10-28➖BRIAN REID LTD. resignedcorporate-secretary
- 2010-10-28➕MABBOTT, Stephen George appointeddirector
- 2010-10-28➖MABBOTT, Stephen George resigneddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-11-24
Group structure
Forth Holdings (Support Services) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Forth Holdings (Support Services) Limited
Corporate parent · holds 75-100% shares
⬇
FES RENEWABLES LIMITED
This company · SC387787
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 |
|---|---|---|---|---|
Forth Holdings (Support Services) Limited Corporate entity | 75–100% | — | 75-100% shares | 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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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
Statusdissolved
Typeltd
Incorporated2010-10-28
Jurisdictionscotland
Primary SIC43210 — Electrical installation
Registered office
Forth House
Pirnhall Business Park
Stirling
FK7 8HW
Filing status
Accounts
Next due: —
Last made up to: 2019-08-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
THOMSON, Craig Alexander→
Activesecretary · appointed 2015-04-01
View their other companies + combined net worth →
FLETCHER, Duncan Struthers→
Activedirector · ~84y · appointed 2010-10-28
View their other companies + combined net worth →
FLETCHER, Duncan Kirk→
Activedirector · ~59y · appointed 2010-10-28
View their other companies + combined net worth →
FLETCHER, Kevin Paterson→
Activedirector · ~57y · appointed 2010-10-28
View their other companies + combined net worth →
JACK, Ronald Gilfillan→
Resignedsecretary · appointed 2014-06-12 · resigned 2015-04-01
WALLS, Archibald Peter Menzies→
Resignedsecretary · appointed 2010-10-28 · resigned 2014-06-12
BRIAN REID LTD.→
Resignedcorporate-secretary · appointed 2010-10-28 · resigned 2010-10-28
MABBOTT, Stephen George→
Resigneddirector · ~76y · appointed 2010-10-28 · resigned 2010-10-28
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 | Barclays Barclays Bank PLC | A registered charge | — | 22/07/2016 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 20/12/2011 | 27/09/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (38 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2020-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-10
gazette-notice-voluntary
gazette · GAZ1(A)
2020-09-08
dissolution-application-strike-off-company
dissolution · DS01
2020-08-27
accounts-with-accounts-type-small
accounts · AA
2019-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-11
accounts-with-accounts-type-small
accounts · AA
2018-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-09
accounts-with-accounts-type-small
accounts · AA
2017-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-11-08
accounts-with-accounts-type-small
accounts · AA
2017-01-06
confirmation-statement-with-updates
confirmation-statement · CS01
2016-11-08
mortgage-satisfy-charge-full
mortgage · MR04
2016-09-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2016-08-10
accounts-with-accounts-type-small
accounts · AA
2015-12-30