ITHACA OIL AND GAS LIMITED
🌳Matureactive
01546623 · ltd · incorporated 1981-02-20
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 06100
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 67/100. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 5 lenders · oldest 30.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 30.4 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
73 officers (5 active, 73 linked, 66 with DOB)
88
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
329 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
67
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (162 events)Click to expand
- 2025-12-27📄accounts-with-accounts-type-fullaccounts · AA
- 2025-08-01📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-14📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2025-01-14📄legacycapital · SH20
- 2025-01-14⚠️legacyinsolvency · CAP-SS
- 2025-01-14📄resolutionresolution · RESOLUTIONS
- 2024-11-19📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2024-11-19📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2024-10-25📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2024-10-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-23🔒Charge registered #5Lender: Dnb Bank Asa, London Branch
- 2024-10-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-14📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-03➕VASQUES, Luciano Maria appointeddirector
- 2024-07-01➕FRIEDMAN, Yaniv appointeddirector
- 2024-06-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-27➕MCATEER, Julie Elizabeth appointeddirector
- 2024-05-27➖MYERSON, Gilad resigneddirector
- 2024-04-17📄accounts-with-accounts-type-fullaccounts · AA
- 2024-01-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-04➖BRUCE, Alan Alexander resigneddirector
- 2023-12-07📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-27📄accounts-with-accounts-type-fullaccounts · AA
- 2023-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-01📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-09➕LEWIS, Iain Clifford Scobbie appointeddirector
- 2022-09-01➖CRAWFORD, David Andrew resigneddirector
- 2021-09-20➕BRUCE, Alan Alexander appointeddirector
- 2021-09-14➖DUNNETT, Bill resigneddirector
- 2021-07-30🔒Charge registered #4Lender: Bnp Paribas (As Security Trustee)
- 2021-06-14➕MYERSON, Gilad appointeddirector
- 2021-02-01➕CRAWFORD, David Andrew appointeddirector
- 2021-01-31➖FORBES, Graham Andrew resigneddirector
- 2020-08-24➕DUNNETT, Bill appointeddirector
- 2020-08-24➖THOMAS, Leslie James resigneddirector
- 2019-11-21🔒Charge registered #3Lender: Bnp Paribas
- 2019-11-08➕PINSENT MASONS SECRETARIAL LIMITED appointedcorporate-secretary
- 2019-11-08➖ZAZA, Brigitte resignedsecretary
- 2019-11-08➕FORBES, Graham Andrew appointeddirector
- 2019-11-08➖HARLAN, Tearle William Thomas resigneddirector
- 2019-11-08➖LYDECKER, Greta Gill resigneddirector
- 2019-11-08➖MCGARVA, Anthony Robert resigneddirector
- 2019-11-08➕THOMAS, Leslie James appointeddirector
- 2019-11-08➖THOMPSON, Michael Robert resigneddirector
- 2019-09-10➖PITTS, Alan Stewart resigneddirector
- 2019-06-17🔓Charge satisfied #1
- 2019-04-03🔓Charge satisfied #2
Showing most recent 50 of 162 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
Red flags
1 high ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-01-14: legacy
Group structure
Ithaca Energy (Uk) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ithaca Energy (Uk) Limited
Corporate parent · holds 75-100% shares · board control
⬇
ITHACA OIL AND GAS LIMITED
This company · 01546623
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ithaca Energy (Uk) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/11/2019 |
2 historic (ceased) PSCs
- Chevron North Sea Holdings Limitedceased 08/11/2019· significant influence
- Chevron Products Uk Limitedceased 21/05/2019· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
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 · Manufacturing · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 00222139 LIMITED→ 00222139 · est 1927 · no financials extracted | — | — | — | — | 98y | — | — |
| 4B BRAIME COMPONENTS LIMITED→ 01171825 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| A FAWCETT PRECISION ENGINEERING LIMITED→ 01765270 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| A GEOGHEGAN LTD→ 15270827 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AARAN STEEL SERVICES LTD→ 15555684 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AB PLANT REPAIRS LTD→ 11983146 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABBOT GROUP LIMITED→ 00623285 · est 1959 · no financials extracted | — | — | — | — | 67y | — | — |
| ABRAHAM MOON & SONS LIMITED→ 00163364 · est 1920 · no financials extracted | — | — | — | — | 106y | — | — |
| AC SIGNS LIMITED→ 14092669 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACM TOOLING UK LTD→ 15727226 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACORO MEDICAL LIMITED→ 15031679 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACR COMPOSITES LIMITED→ 10389824 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated1981-02-20
Jurisdictionengland-wales
Primary SIC06100 — SIC 06100
Registered office
C/O Pinsent Masons Llp
1 Park Row
Leeds
LS1 5AB
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01
Officers (5 active · 68 resigned)
PINSENT MASONS SECRETARIAL LIMITED→
Activecorporate-secretary · appointed 2019-11-08
View their other companies + combined net worth →
FRIEDMAN, Yaniv→
Activedirector · ~52y · appointed 2024-07-01
View their other companies + combined net worth →
LEWIS, Iain Clifford Scobbie→
Activedirector · ~49y · appointed 2023-04-09
View their other companies + combined net worth →
MCATEER, Julie Elizabeth→
Activedirector · ~57y · appointed 2024-05-27
View their other companies + combined net worth →
VASQUES, Luciano Maria→
Activedirector · ~63y · appointed 2024-10-03
View their other companies + combined net worth →
CHAIYASUTA, Siriporn→
Resignedsecretary · appointed 2012-05-01 · resigned 2014-04-14
JONES, Mark Alan→
Resignedsecretary · appointed 2009-02-09 · resigned 2010-06-29
RIXON, Peter Andrew Robin→
Resignedsecretary · resigned 2008-05-19
UDOMA, Sally Olayinka, Mrs.→
Resignedsecretary · appointed 2010-07-27 · resigned 2012-05-01
UDOMA, Sally Olayinka→
Resignedsecretary · appointed 2008-05-19 · resigned 2009-02-09
ZAZA, Brigitte→
Resignedsecretary · appointed 2010-10-28 · resigned 2019-11-08
BENSON, Eric Andrew→
Resigneddirector · ~64y · appointed 2010-07-27 · resigned 2012-09-01
BIRSA, David Scott→
Resigneddirector · ~76y · resigned 1992-10-22
BOONYAPALUK, Pativate→
Resigneddirector · ~56y · appointed 2013-06-11 · resigned 2014-09-15
BREBER, Pierre→
Resigneddirector · ~62y · appointed 2003-10-22 · resigned 2005-09-27
BRUCE, Alan Alexander→
Resigneddirector · ~44y · appointed 2021-09-20 · resigned 2024-01-04
CALLAGHAN, Edward Michael→
Resigneddirector · ~59y · appointed 2015-09-24 · resigned 2017-08-07
CASEY, Michael Wayne→
Resigneddirector · ~71y · appointed 2006-01-19 · resigned 2007-08-01
CHUDANOV, Donald Allan→
Resigneddirector · ~68y · appointed 2006-07-17 · resigned 2012-06-04
COHAGAN, Richard Philip→
Resigneddirector · ~71y · appointed 2006-05-15 · resigned 2011-05-09
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
3
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dnb Bank Asa, London Branch | A registered charge | — | 23/10/2024 | — | |
| outstanding | Bnp Paribas (As Security Trustee) | A registered charge | — | 30/07/2021 | — | |
| outstanding | Bnp Paribas | A registered charge | — | 21/11/2019 | — | |
| satisfied | Transco Transco PLC | Energy balancing deposit deed | 1 property | 22/07/2003 | 03/04/2019 | |
| satisfied | The Law Debenture Trust Corporation the Trustee on Behalf of Certain Coventurers (As Defined) The Law Debenture Trust Corporation PLC the Trustee on Behalf of Certain Coventurers (As Defined) | Trust deed | 1 property | 14/12/1995 | 17/06/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (329 total)
accounts-with-accounts-type-full
accounts · AA
2025-12-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-02
change-person-director-company-with-change-date
officers · CH01
2025-08-01
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-01-14
legacy
capital · SH20
2025-01-14
legacy
insolvency · CAP-SS
2025-01-14
resolution
resolution · RESOLUTIONS
2025-01-14
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2024-11-19
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
second-filing-of-director-appointment-with-name
officers · RP04AP01
2024-10-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-24
change-person-director-company-with-change-date
officers · CH01
2024-10-20
appoint-person-director-company-with-name-date
officers · AP01
2024-10-18
accounts-with-accounts-type-full
accounts · AA
2024-10-14