NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY

🌳Matureactive
SC393203 · private-limited-guarant-nsc · incorporated 2011-02-09
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£1.3k
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Asset-holding vehicle with a 77-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (68/100)

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
Confirmed no charges registered
85
Directors & officers
11 officers (4 active, 11 linked, 7 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,293
Cash YoY
+318%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↑ 318% YoY
Net Worth
£1k
↑ 227% YoY
Current Assets
£1k
↑ 75% YoY
Current Liabilities
—
-£1k-£553-£92£370£831£1kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£1.3k£739
Current assets£1.3k£739
Cash£1.3k£301
Debtors£35£438
Net assets£1.3k£-1.0k

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2023-07-19
    ➕
    SINCLAIR, Catherine Hazel appointed
    director
  6. 2022-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-09-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-03-11
    ➕
    SINCLAIR, Catherine Hazel appointed
    secretary
  9. 2021-03-11
    ➖
    REAP resigned
    corporate-secretary
  10. 2021-03-11
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  11. 2021-03-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2021-02-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-09-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-01-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-01-18
    ➖
    SIMPSON, Ross James resigned
    director
  18. 2017-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-01-26
    ➕
    MANN, Robert Farquhar appointed
    director
  20. 2017-01-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2016-10-11
    ➖
    WHEELER, Michael Paul resigned
    director
  22. 2016-09-27
    ➕
    SIMPSON, Ross James appointed
    director
  23. 2016-06-10
    ➕
    REAP appointed
    corporate-secretary
  24. 2016-03-25
    ➖
    LOVIE, Rodney resigned
    secretary
  25. 2016-03-25
    ➖
    LOVIE, Rodney resigned
    director
  26. 2012-07-13
    ➖
    REAP resigned
    corporate-secretary
  27. 2012-07-12
    ➕
    LOVIE, Rodney appointed
    secretary
  28. 2012-07-12
    ➖
    SMITH, Matthew Alan resigned
    director
  29. 2011-02-09
    🏢
    Company incorporated
    As NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY
  30. 2011-02-09
    ➕
    KELLAS, Hugh appointed
    director
  31. 2011-02-09
    ➕
    REAP appointed
    corporate-secretary
  32. 2011-02-09
    ➕
    LOVIE, Rodney appointed
    director
  33. 2011-02-09
    ➕
    SMITH, Matthew Alan appointed
    director
  34. 2011-02-09
    ➕
    WHEELER, Michael Paul appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 15 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.)

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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 →
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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.

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Company details

Statusactive
Typeprivate-limited-guarant-nsc
Incorporated2011-02-09
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

2 Market Lane
Newmill
Keith
AB55 6NT
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09

Officers (4 active · 7 resigned)

SINCLAIR, Catherine Hazel→
secretary · appointed 2021-03-11
View their other companies + combined net worth →
Active
KELLAS, Hugh→
director · ~77y · appointed 2011-02-09
View their other companies + combined net worth →
Active
MANN, Robert Farquhar→
director · ~55y · appointed 2017-01-26
View their other companies + combined net worth →
Active
SINCLAIR, Catherine Hazel→
director · ~52y · appointed 2023-07-19
View their other companies + combined net worth →
Active
LOVIE, Rodney→
secretary · appointed 2012-07-12 · resigned 2016-03-25
Resigned
REAP→
corporate-secretary · appointed 2016-06-10 · resigned 2021-03-11
Resigned
REAP→
corporate-secretary · appointed 2011-02-09 · resigned 2012-07-13
Resigned
LOVIE, Rodney→
director · ~56y · appointed 2011-02-09 · resigned 2016-03-25
Resigned
SIMPSON, Ross James→
director · ~54y · appointed 2016-09-27 · resigned 2018-01-18
Resigned
SMITH, Matthew Alan→
director · ~51y · appointed 2011-02-09 · resigned 2012-07-12
Resigned
WHEELER, Michael Paul→
director · ~63y · appointed 2011-02-09 · resigned 2016-10-11
Resigned

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

Recent filings (50 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-25
appoint-person-director-company-with-name-date
officers · AP01
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-09
appoint-person-secretary-company-with-name-date
officers · AP03
2021-03-11
termination-secretary-company-with-name-termination-date
officers · TM02
2021-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-22