ARDECHIVE HYDRO LTD

💤Zombieactive
SC516222 · ltd · incorporated 2015-09-23
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 Dec 2024
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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

1 live charge · oldest 6.5y

45/100
under pressure

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

  • · Oldest live charge is 6.5 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
28 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
70
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees100100

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 (21 events)Click to expand
  1. 2025-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-13
    TURCAN CONNELL COMPANY SECRETARIES LIMITED resigned
    corporate-secretary
  6. 2022-06-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2022-06-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-04-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-11-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2019-10-30
    🔒
    Charge registered #1
    Lender: Close Brothers Limited
  12. 2019-10-29
    📄
    memorandum-articles
    incorporation · MA
  13. 2019-10-29
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2019-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-09-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2018-09-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2017-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2015-09-23
    🏢
    Company incorporated
    As ARDECHIVE HYDRO LTD
  20. 2015-09-23
    LAIRD, Simon William David appointed
    director
  21. 2015-09-23
    TURCAN CONNELL COMPANY SECRETARIES LIMITED appointed
    corporate-secretary

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Simon William David Laird
Individual · British · DOB 12/1966 · age 60
sig. influencesignificant influence06/04/2016

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
Incorporated2015-09-23
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

East Memus
Forfar
Forfar
Angus
DD8 3TY
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-06
Last: 2025-09-22

Officers (1 active · 1 resigned)

LAIRD, Simon William David
director · ~60y · appointed 2015-09-23
View their other companies + combined net worth →
Active
TURCAN CONNELL COMPANY SECRETARIES LIMITED
corporate-secretary · appointed 2015-09-23 · resigned 2022-06-13
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Close Brothers
Close Brothers Limited
A registered charge3 properties30/10/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-08
termination-secretary-company-with-name-termination-date
officers · TM02
2022-06-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-13
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-11-04