BENMORE HYDRO LIMITED
🌳Matureactive
SC486305 · ltd · incorporated 2014-09-09
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 10.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
6 live charges · oldest 10.4y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 10.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 300 | 300 |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-02🔒Charge registered #6Lender: Bank of Scotland PLC
- 2022-09-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-30➖JOLLY, Moira resigneddirector
- 2022-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-06🔒Charge registered #5Lender: Bank of Scotland PLC
- 2022-03-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-29🔓Charge satisfied #3
- 2021-08-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-08-22➕JOLLY, David John appointeddirector
- 2021-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-12-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-04🔒Charge registered #4Lender: Bank of Scotland PLC
- 2016-07-20➕JOLLY, Brian Grant appointeddirector
- 2015-12-23🔒Charge registered #3Lender: Bank of Scotland PLC
- 2015-12-23🔒Charge registered #2Lender: Bank of Scotland PLC
- 2015-12-03🔒Charge registered #1Lender: Bank of Scotland PLC
- 2015-10-29➕JOLLY, Moira appointeddirector
- 2014-09-09🏢Company incorporatedAs BENMORE HYDRO LIMITED
- 2014-09-09➕THORNTONS LAW LLP appointedcorporate-secretary
- 2014-09-09➕JOLLY, David Grant appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 83 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
25/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — JOLLY, David John (same surname) appointed 2021-08-22. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Brian Grant Jolly Individual · British · DOB 07/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/07/2016 |
David Grant Jolly Individual · British · DOB 06/1943 · age 83 | 25–50% | 25–50% | board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Moira Jollyceased 30/06/2022· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| BERRYHILL TRADING COMPANY LTD→ SC582555 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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| JBLB PLUMBING & HEATING SERVICES LTD→ SC662114 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| M 4 ENERGY LIMITED→ SC444380 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| MASSON ENERGY LIMITED→ SC413488 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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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
Statusactive
Typeltd
Incorporated2014-09-09
Jurisdictionscotland
Primary SIC35110 — SIC 35110
Registered office
Whitehall House
33 Yeaman Shore
Dundee
DD1 4BJ
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09
Officers (4 active · 1 resigned)
THORNTONS LAW LLP→
Activecorporate-secretary · appointed 2014-09-09
View their other companies + combined net worth →
JOLLY, Brian Grant→
Activedirector · ~50y · appointed 2016-07-20
View their other companies + combined net worth →
JOLLY, David John→
Activedirector · ~54y · appointed 2021-08-22
View their other companies + combined net worth →
JOLLY, David Grant→
Activedirector · ~83y · appointed 2014-09-09
View their other companies + combined net worth →
JOLLY, Moira→
Resigneddirector · ~81y · appointed 2015-10-29 · resigned 2022-06-30
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
5
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 3 properties | 02/03/2023 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 06/04/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 04/04/2017 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 23/12/2015 | 29/03/2022 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 23/12/2015 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 03/12/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-20
termination-director-company-with-name-termination-date
officers · TM01
2022-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-04-11
mortgage-satisfy-charge-full
mortgage · MR04
2022-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-30
appoint-person-director-company-with-name-date
officers · AP01
2021-08-23