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Thorkell Renewable Energy Limited

SC365949

active
ltd
scotland
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

8 Albert Street, Kirkwall, KW15 1HP
Incorporated 23/09/2009

Previously known as

Maritime Shelfco 18 Limited · until 02/07/2010

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 23/09/2026

Due 07/10/2027

On track

Industry

35110
Production of electricity

Officers

Mr Richard Gauld

director · Since 02/07/2010

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM

Also on 9 other boards

Karen Scholes

secretary · Since 02/07/2010

BRITISH

Mr Magnus John Sinclair Spence

director · Since 14/02/2017

FARMER

BRITISH · UNITED KINGDOM

Also on 2 other boards

Mr Torquil Clyde

director · Since 20/11/2020

PHARMACIST

BRITISH · SCOTLAND

Also on 5 other boards

Mr Erlend John Wood

director · Since 29/07/2021

DAIRY FARMER

BRITISH · UNITED KINGDOM

Also on 1 other board

Mr Steven Jon Pyke

director · Since 11/07/2022

DEVELOPMENT MANAGER IN THE CONSTRUCTION

SCOTTISH · SCOTLAND

Also on 1 other board

Richard Gauld

director · Since 02/07/2010

British · United Kingdom

Karen Scholes

secretary · Since 02/07/2010

British

Magnus John Sinclair Spence

director · Since 14/02/2017

British · United Kingdom

Torquil Clyde

director · Since 20/11/2020

British · Scotland

Erlend John Wood

director · Since 29/07/2021

British · United Kingdom

Steven Jon Pyke

director · Since 11/07/2022

Scottish · Scotland

Former

Kenneth Burnie Long

director · Resigned 02/07/2010

Albert Brown Spence

director · Resigned 25/06/2011

James Ian Heddle

director · Resigned 14/08/2020

Michael Tyrie Austin

director · Resigned 20/11/2020

Bryan John Rendall

director · Resigned 29/07/2021

Gareth John Davies

director · Resigned 29/07/2021

Persons with Significant Control

Orkney Renewable Energy Limited

75–100% shares
75–100% votes

Notified 01/01/2017

Former PSCs

Mr Bryan John Rendall

Ceased 01/01/2017

Mr James Ian Heddle

Ceased 01/01/2017

Mr Richard Gauld

Ceased 01/01/2017

Mr Michael Austin

Ceased 01/01/2017

Change History

status → active
2026-09-20

Active

type → ltd
2026-09-20

Private Limited Company

address line1 → 8 Albert Street
2026-09-20

8 ALBERT STREET

post town → Kirkwall
2026-09-20

KIRKWALL

officer appointed → SCHOLES, Karen
2026-09-20
officer appointed → CLYDE, Torquil
2026-09-20
officer appointed → GAULD, Richard
2026-09-20
officer appointed → PYKE, Steven Jon
2026-09-20
officer appointed → SPENCE, Magnus John Sinclair
2026-09-20
officer appointed → WOOD, Erlend John
2026-09-20

CompanyRankvs 370+ SIC 35110 peers
76

Financial strength93th percentile among SIC peers · 23/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 6.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.4M

Current Liabilities

£234k

Fixed Assets

£898k

Debtors

£234k

0avg. employees

Balance Sheet

Intangible assets£2k
Assets less current liabilities£2.1M
Signed by M Spence Company registration number SC365949Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20256.06

Derived from filed accounts. Not audited figures.

Filing History66 filings

Accounts filed

accounts with accounts type total exemption full

02/04/202612 pages · PDF
Accounts filed

accounts with accounts type total exemption full

29/09/202512 pages · PDF
Confirmation statement

confirmation statement with no updates

29/09/20253 pages · PDF
Confirmation statement

confirmation statement with no updates

23/09/20243 pages · PDF
Accounts filed

accounts with accounts type total exemption full

11/09/202412 pages · PDF
Confirmation statement

confirmation statement with no updates

26/09/20233 pages · PDF
Accounts filed

accounts with accounts type total exemption full

28/08/202312 pages · PDF
Confirmation statement

confirmation statement with no updates

27/09/20223 pages · PDF
Accounts filed

accounts with accounts type total exemption full

08/09/202212 pages · PDF
Director appointed

appoint person director company with name date

26/07/20222 pages · PDF
Confirmation statement

confirmation statement with no updates

27/09/20213 pages · PDF
Accounts filed

accounts with accounts type total exemption full

21/09/202112 pages · PDF
Director appointed

appoint person director company with name date

11/08/20212 pages · PDF
Director resigned

termination director company with name termination date

11/08/20211 page · PDF
Director resigned

termination director company with name termination date

11/08/20211 page · PDF
Director appointed

appoint person director company with name date

24/11/20202 pages · PDF
Director appointed

appoint person director company with name date

24/11/20202 pages · PDF
Director resigned

termination director company with name termination date

23/11/20201 page · PDF
Confirmation statement

confirmation statement with updates

28/09/20204 pages · PDF
Accounts filed

accounts with accounts type total exemption full

25/08/202012 pages · PDF
Director resigned

termination director company with name termination date

20/08/20201 page · PDF
Confirmation statement

confirmation statement with no updates

07/10/20193 pages · PDF
Accounts filed

accounts with accounts type total exemption full

05/09/201912 pages · PDF
RESOLUTIONS

resolution

23/01/201928 pages · PDF
Confirmation statement

confirmation statement with updates

03/10/20184 pages · PDF
Accounts filed

accounts with accounts type total exemption full

18/05/201814 pages · PDF
Confirmation statement

confirmation statement with no updates

05/10/20173 pages · PDF
PSC02

notification of a person with significant control

05/10/20171 page · PDF
PSC07

cessation of a person with significant control

05/10/20171 page · PDF
PSC07

cessation of a person with significant control

05/10/20171 page · PDF
PSC07

cessation of a person with significant control

05/10/20171 page · PDF
PSC07

cessation of a person with significant control

05/10/20171 page · PDF
Accounts filed

accounts with accounts type total exemption full

09/05/201712 pages · PDF
Director appointed

appoint person director company with name date

19/04/20172 pages · PDF
Confirmation statement

confirmation statement with updates

07/10/20168 pages · PDF
Accounts filed

accounts with accounts type total exemption small

20/05/20167 pages · PDF
Annual return

annual return company with made up date full list shareholders

19/10/20156 pages · PDF
AAMD

accounts amended with accounts type total exemption small

30/05/20156 pages · PDF
Accounts filed

accounts with accounts type total exemption small

23/03/20156 pages · PDF
Annual return

annual return company with made up date full list shareholders

25/09/20146 pages · PDF
Accounts filed

accounts with accounts type total exemption small

20/03/20146 pages · PDF
Annual return

annual return company with made up date full list shareholders

17/10/20136 pages · PDF
Accounts filed

accounts with accounts type total exemption small

19/06/20136 pages · PDF
Annual return

annual return company with made up date full list shareholders

27/09/20126 pages · PDF
Shares allotted

capital allotment shares

16/05/20124 pages · PDF
Accounts filed

accounts with accounts type total exemption small

15/03/20124 pages · PDF
Address changed

change registered office address company with date old address

07/12/20112 pages · PDF
Annual return

annual return company with made up date full list shareholders

27/09/20115 pages · PDF
Director resigned

termination director company with name

19/07/20112 pages · PDF
Accounts filed

accounts with accounts type dormant

03/06/20113 pages · PDF
Annual return

annual return company with made up date full list shareholders

13/10/201017 pages · PDF
Accounts date changed

change account reference date company current extended

19/07/20103 pages · PDF
Director appointed

appoint person director company with name

16/07/20103 pages · PDF
Director resigned

termination director company with name

07/07/20102 pages · PDF
Director appointed

appoint person director company with name

07/07/20103 pages · PDF
Director appointed

appoint person director company with name

07/07/20103 pages · PDF
Director appointed

appoint person director company with name

07/07/20103 pages · PDF
Director appointed

appoint person director company with name

07/07/20103 pages · PDF
AP03

appoint person secretary company with name

07/07/20103 pages · PDF
Address changed

change registered office address company with date old address

07/07/20102 pages · PDF
Shares allotted

capital allotment shares

07/07/20104 pages · PDF
CERTNM

certificate change of name company

02/07/20103 pages · PDF
RESOLUTIONS

resolution

02/07/201021 pages · PDF
RESOLUTIONS

resolution

01/07/20102 pages · PDF
Director details changed

change person director company with change date

09/12/20092 pages · PDF
Incorporated

incorporation company

23/09/200917 pages · PDF