CORNABO WIND LIMITED
🌳Matureactive
SC504797 · ltd · incorporated 2015-05-01
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 Mar 2025
Net worth
£-40.3k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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.
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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £40,303
Cash YoY
-25%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£157
↓ 25% YoY
Net Worth
-£40k
↓ 69% YoY
Current Assets
£613k
↓ 4.1% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-40.3k | £-23.9k |
| Current assets | £612.7k | £638.6k |
| Cash | £157 | £210 |
| Debtors | £612.6k | £638.4k |
| Net assets | £-40.3k | £-23.9k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-03-11📄gazette-notice-compulsorygazette · GAZ1
- 2024-12-18📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-16📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-03-05📄gazette-notice-compulsorygazette · GAZ1
- 2023-06-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-01➖CLARK, Stanley resigneddirector
- 2023-03-24📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-02-28📄gazette-notice-compulsorygazette · GAZ1
- 2022-03-12📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-03-01📄gazette-notice-compulsorygazette · GAZ1
- 2021-11-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-08-01➕CLARK, Stanley appointeddirector
- 2015-05-01🏢Company incorporatedAs CORNABO WIND LIMITED
- 2015-05-01➕CLARK, Michelle appointeddirector
- 2015-05-01➕CLARK, Steven Leslie appointeddirector
Owner dependency
74/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Michelle Clark Individual · British · DOB 03/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Steven Leslie Clark Individual · British · DOB 03/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Stanley Clarkceased 01/04/2023· significant influence
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
Active · Energy & utilities · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALLIED ENERGIES LIMITED→ SC678363 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AOE WINDFARM LIMITED→ SC396934 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AYR FLEXPOWER LIMITED→ SC822282 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BACKHILL OF CULBIRNIE [2016] LTD→ SC550537 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BENZIES RENEWABLE POWER LTD.→ SC352727 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| BLACKFORD RENEWABLES LTD→ SC745788 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CULBIRNIE PARKS RENEWABLE [2016] LTD→ SC550521 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CULSALMOND AIR LIMITED→ SC491496 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CULVIE HILL WIND LIMITED→ SC516953 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CULVIE WIND (HOLDINGS) LTD→ SC588087 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CULVIE WIND LIMITED→ SC504911 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| D.E.A.R. RENEWABLES LIMITED→ SC476556 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2015-05-01
Jurisdictionscotland
Primary SIC35110 — SIC 35110
Registered office
Chapel Cottage
Kemnay
Inverurie
AB51 5LJ
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-15
Last: 2025-05-01
Officers (2 active · 1 resigned)
CLARK, Michelle→
Activedirector · ~58y · appointed 2015-05-01
View their other companies + combined net worth →
CLARK, Steven Leslie→
Activedirector · ~62y · appointed 2015-05-01
View their other companies + combined net worth →
CLARK, Stanley→
Resigneddirector · ~87y · appointed 2018-08-01 · resigned 2023-04-01
Click a director name to see their full track record across all companies.
Recent filings (42 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-02
gazette-notice-compulsory
gazette · GAZ1
2025-03-11
gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-04-16
gazette-notice-compulsory
gazette · GAZ1
2024-03-05
accounts-with-accounts-type-dormant
accounts · AA
2023-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-01
termination-director-company-with-name-termination-date
officers · TM01
2023-05-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-01