FYNE ENERGY LIMITED
🌳Matureactive
SC531424 · ltd · incorporated 2016-04-01
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
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
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 64/100 (worth a look), bankability 47/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
10 live charges · 3 lenders · oldest 8.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)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
No iXBRL financials extracted
0
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
10 officers (5 active, 10 linked, 10 with DOB)
90
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
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 (49 events)Click to expand
- 2025-11-26📄accounts-with-accounts-type-smallaccounts · AA
- 2025-10-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-01➕COWAN, Douglas Alexander appointeddirector
- 2025-04-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-16➖MACPHAIL, Iona resigneddirector
- 2024-12-11📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-27📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-31➕MCLEOD, Iain appointeddirector
- 2023-07-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-03➖TEMPLETON, Robert Carswell resigneddirector
- 2022-10-17📄accounts-with-accounts-type-smallaccounts · AA
- 2022-08-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-18➕TEMPLETON, Robert Carswell appointeddirector
- 2022-05-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-19➕MACPHAIL, Iona appointeddirector
- 2022-05-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-04➖TEMPLETON, Robert Carswell resigneddirector
- 2022-02-11📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2022-02-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-24📄accounts-with-accounts-type-smallaccounts · AA
- 2021-09-22➖FORSYTH, Deirdre Catherine resigneddirector
- 2021-09-22➖MCKAY, Thomas Milliken resigneddirector
- 2021-04-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-04-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-04-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-04-01🔓Charge satisfied #9
- 2021-04-01🔓Charge satisfied #8
- 2021-04-01🔓Charge satisfied #1
- 2020-10-27📄accounts-with-accounts-type-smallaccounts · AA
- 2019-10-08➕HARRISON, Anthony Clifford appointeddirector
- 2018-11-27➕TEMPLETON, Robert Carswell appointeddirector
- 2018-11-14🔒Charge registered #10Lender: Triodos Bank N.V.
- 2018-05-29➕CLARK, Ailsa Heather appointeddirector
- 2018-01-03🔒Charge registered #9Lender: Scottish Enterprise
- 2018-01-03🔒Charge registered #8Lender: Scottish Enterprise
- 2018-01-03🔒Charge registered #7Lender: Triodos Bank N.V.
- 2018-01-03🔒Charge registered #6Lender: Triodos Bank N.V
- 2017-12-18🔒Charge registered #5Lender: Triodos Bank N.V.
- 2017-12-18🔒Charge registered #4Lender: Triodos Bank N.V.
- 2017-12-18🔒Charge registered #3Lender: Triodos Bank N.V.
- 2017-12-18🔒Charge registered #2Lender: Triodos Bank N.V.
- 2017-12-18🔒Charge registered #1Lender: Scottish Enterprise
- 2016-04-01🏢Company incorporatedAs FYNE ENERGY LIMITED
- 2016-04-01➕RENFREW, William Colin Ferguson appointeddirector
- 2016-04-01➕FORSYTH, Deirdre Catherine appointeddirector
- 2016-04-01➕MCKAY, Thomas Milliken appointeddirector
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 85 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
Red flags
1 high · 1 med · 1 lowConfirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-14
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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 · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AGM BUILDING SERVICES LIMITED→ SC549450 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ARDHU POWER LIMITED→ SC434955 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ARDNACROSS ENERGY LIMITED→ SC451514 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ARDRISHAIG RENEWABLE ENERGIES LIMITED→ SC376535 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ARGYLL RESOURCES LIMITED→ SC335509 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ATREIDES WIND SERVICES LTD→ SC770937 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BETTER CALL HAUL LIMITED→ SC820333 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLACK SHED GENERATION LIMITED→ SC573763 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BRAEVALLICH HYDRO LIMITED→ SC383545 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| CLYDE METAL RECYCLING LTD.→ SC188912 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| CMSI LIMITED→ SC235592 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| COLIN BURNS ELECTRICAL SERVICES LIMITED→ SC468811 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2016-04-01
Jurisdictionscotland
Primary SIC35110 — SIC 35110
Registered office
81-89 Victoria Street
Rothesay
Isle Of Bute
PA20 0AP
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-14OVERDUE
Last: 2025-03-31
Officers (5 active · 5 resigned)
CLARK, Ailsa Heather→
Activedirector · ~55y · appointed 2018-05-29
View their other companies + combined net worth →
COWAN, Douglas Alexander→
Activedirector · ~63y · appointed 2025-10-01
View their other companies + combined net worth →
HARRISON, Anthony Clifford→
Activedirector · ~85y · appointed 2019-10-08
View their other companies + combined net worth →
MCLEOD, Iain→
Activedirector · ~64y · appointed 2023-08-31
View their other companies + combined net worth →
RENFREW, William Colin Ferguson→
Activedirector · ~72y · appointed 2016-04-01
View their other companies + combined net worth →
FORSYTH, Deirdre Catherine→
Resigneddirector · ~80y · appointed 2016-04-01 · resigned 2021-09-22
MACPHAIL, Iona→
Resigneddirector · ~55y · appointed 2022-05-19 · resigned 2025-04-16
MCKAY, Thomas Milliken→
Resigneddirector · ~90y · appointed 2016-04-01 · resigned 2021-09-22
TEMPLETON, Robert Carswell→
Resigneddirector · ~75y · appointed 2022-08-18 · resigned 2023-07-03
TEMPLETON, Robert Carswell→
Resigneddirector · ~75y · appointed 2018-11-27 · resigned 2022-05-04
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
7
Outstanding
2
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Triodos Bank N.V. | A registered charge | 1 property | 14/11/2018 | — | |
| satisfied | Scottish Enterprise | A registered charge | 5 properties | 03/01/2018 | 01/04/2021 | |
| satisfied | Scottish Enterprise | A registered charge | 6 properties | 03/01/2018 | 01/04/2021 | |
| outstanding | Triodos Bank N.V. | A registered charge | 1 property | 03/01/2018 | — | |
| outstanding | Triodos Bank N.V | A registered charge | 1 property | 03/01/2018 | — | |
| outstanding | Triodos Bank N.V. | A registered charge | — | 18/12/2017 | — | |
| outstanding | Triodos Bank N.V. | A registered charge | — | 18/12/2017 | — | |
| outstanding | Triodos Bank N.V. | A registered charge | — | 18/12/2017 | — | |
| outstanding | Triodos Bank N.V. | A registered charge | — | 18/12/2017 | — | |
| satisfied | Scottish Enterprise | A registered charge | — | 18/12/2017 | 01/04/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (51 total)
accounts-with-accounts-type-small
accounts · AA
2025-11-26
appoint-person-director-company-with-name-date
officers · AP01
2025-10-16
termination-director-company-with-name-termination-date
officers · TM01
2025-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-04
accounts-with-accounts-type-small
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-small
accounts · AA
2023-09-27
appoint-person-director-company-with-name-date
officers · AP01
2023-09-04
termination-director-company-with-name-termination-date
officers · TM01
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-03
accounts-with-accounts-type-small
accounts · AA
2022-10-17
appoint-person-director-company-with-name-date
officers · AP01
2022-08-31
appoint-person-director-company-with-name-date
officers · AP01
2022-05-27
termination-director-company-with-name-termination-date
officers · TM01
2022-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31