NORTHESK ENERGY LIMITED
Opportunity 70/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (19 events)Click to expand
- 2025-07-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-02-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-04-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-05-10📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-05-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-04-26📄gazette-notice-compulsorygazette · GAZ1
- 2021-04-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-07-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-11-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-10-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-05-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-09-26📄resolutionresolution · RESOLUTIONS
- 2016-12-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-05-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-04-30➕MACMILLAN, Calum appointeddirector
- 2011-05-03🏢Company incorporatedAs NORTHESK ENERGY LIMITED
- 2011-05-03➕MACMILLAN, Lynne Elizabeth appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-06
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Calum Macmillan Individual · Scottish · DOB 05/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
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|---|---|---|---|---|---|---|---|
| BARVAS AND BRUE COMMUNITY CENTRE→ SC232119 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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| GALSON ESTATE (TRADING) LIMITED→ SC351453 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| GMD FACILITIES LIMITED→ SC723023 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| J D MURRAY LIMITED→ SC260212 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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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 →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.
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See pricing →Company details
Registered office
Filing status
Officers (2 active · 0 resigned)
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