GREENLEAF RENEWABLES LIMITED

💤Zombieactive
SC392732 · ltd · incorporated 2011-02-02
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). 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 (73/100).

🏦

Refinance opportunity

2 live charges · oldest 10.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
55 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Average employees4400

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2021-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-07-22
    STIRLING, Wendy Jane appointed
    secretary
  8. 2021-07-22
    MANN, Tom resigned
    secretary
  9. 2021-07-22
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2021-07-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2021-02-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-11-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2020-02-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2020-02-24
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2020-02-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  17. 2020-01-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-11-08
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  19. 2019-11-08
    📄
    legacy
    other · AGREEMENT2
  20. 2019-11-08
    📄
    legacy
    other · GUARANTEE2
  21. 2016-03-10
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  22. 2016-01-19
    STIRLING, Ian Ross resigned
    director
  23. 2016-01-13
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  24. 2013-10-15
    STIRLING, Ian Ross appointed
    director
  25. 2011-02-02
    🏢
    Company incorporated
    As GREENLEAF RENEWABLES LIMITED
  26. 2011-02-02
    STIRLING, Peter John appointed
    director
  27. 2011-02-02
    MANN, Tom appointed
    secretary

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

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

Group structure

Peter J Stirling Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Peter J Stirling Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
GREENLEAF RENEWABLES LIMITED
This company · SC392732

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%
NameSharesVoting rightsNature of controlNotified
Peter J Stirling Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Peter John Stirlingceased 06/04/2016· 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.

🔒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 →

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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
Incorporated2011-02-02
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Unit 1 Halbeath Interchange Business Park
Kingseat Road
Halbeath, Dunfermline
KY11 8RY
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21

Officers (2 active · 2 resigned)

STIRLING, Wendy Jane
secretary · appointed 2021-07-22
View their other companies + combined net worth →
Active
STIRLING, Peter John
director · ~61y · appointed 2011-02-02
View their other companies + combined net worth →
Active
MANN, Tom
secretary · appointed 2011-02-02 · resigned 2021-07-22
Resigned
STIRLING, Ian Ross
director · ~84y · appointed 2013-10-15 · resigned 2016-01-19
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property10/03/2016
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property13/01/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
appoint-person-secretary-company-with-name-date
officers · AP03
2021-07-22
termination-secretary-company-with-name-termination-date
officers · TM02
2021-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-26
change-person-director-company-with-change-date
officers · CH01
2021-02-22