MORNFLAKE ENERGY LIMITED
📉Decliningactive
02637097 · ltd · incorporated 1991-08-12
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
£864.8k
year to Jul 2025
Net worth
—
book net assets
Opportunity
81/100
Exceptional
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueConservative operator with a 80-year-old founder — textbook succession opportunity.
Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 80). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).
Data confidence
Overall: high (82/100)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
Confirmed no charges registered
85
Directors & officers
14 officers (5 active, 14 linked, 9 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
21 connected companies via shared directors
90
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
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 · FRS 102Profitable
Profit before tax £479,655
Revenue decline
Turnover down 17% YoY
Turnover YoY
-17%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Turnover | £864.8k | £1.05M |
| Gross profit | £864.8k | £1.05M |
| Operating profit | £479.7k | £623.5k |
| Profit before tax | £479.7k | £623.5k |
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (42 events)Click to expand
- 2026-04-16📄accounts-with-accounts-type-fullaccounts · AA
- 2025-04-11📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-04-25📄accounts-with-accounts-type-smallaccounts · AA
- 2023-04-27➕COOKSON, Mark Thomas appointedsecretary
- 2023-04-27➕COOKSON, Mark Thomas appointeddirector
- 2023-04-27➖MELLOR, Peter Matthew resignedsecretary
- 2023-04-27➖MELLOR, Peter Matthew resigneddirector
- 2023-04-27📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-04-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-27📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-04-17📄accounts-with-accounts-type-smallaccounts · AA
- 2022-04-25📄accounts-with-accounts-type-smallaccounts · AA
- 2021-04-22📄accounts-with-accounts-type-smallaccounts · AA
- 2020-04-09📄accounts-with-accounts-type-smallaccounts · AA
- 2019-12-30📄change-person-director-company-with-change-dateofficers · CH01
- 2019-06-28➕LEA, James John appointeddirector
- 2019-06-28➕MELLOR, Peter Matthew appointeddirector
- 2019-06-28➖WARR, David resigneddirector
- 2019-06-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-06-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-06-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-04-16📄accounts-with-accounts-type-smallaccounts · AA
- 2018-12-01➕MELLOR, Peter Matthew appointedsecretary
- 2018-12-01➖WARR, David resignedsecretary
- 2010-10-27➕MEIKLE, Alan appointeddirector
- 2010-10-27➕WARR, David appointeddirector
- 2001-07-27➖LEA, Philip resigneddirector
- 1994-11-01➖JONES, Alan Gordon resignedsecretary
- 1994-11-01➕WARR, David appointedsecretary
- 1991-08-12🏢Company incorporatedAs MORNFLAKE ENERGY LIMITED
- 1991-08-12➕LEA, John Edward appointeddirector
- 1991-08-12➕JONES, Alan Gordon appointedsecretary
- 1991-08-12➕THOMAS, Stanley Ronald Lloyd appointedsecretary
- 1991-08-12➖THOMAS, Stanley Ronald Lloyd resignedsecretary
- 1991-08-12➕BEECHER, John Clive appointeddirector
- 1991-08-12➖BEECHER, John Clive resigneddirector
- 1991-08-12➕LEA, Philip appointeddirector
- 1991-08-12➕THOMAS, Stanley Ronald Lloyd appointeddirector
- 1991-08-12➖THOMAS, Stanley Ronald Lloyd resigneddirector
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 35 years old and no new directors in the last 3 years — succession not yet being planned internally.
- 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.)
Group structure
Agri Food Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Agri Food Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
MORNFLAKE ENERGY LIMITED
This company · 02637097
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 |
|---|---|---|---|---|
Agri Food Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/04/2024 |
1 historic (ceased) PSC
- Morning Foods Limitedceased 05/04/2024· 75-100% shares
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 · CW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| RECYCLING UK LIMITED→ 03562710 · est 1998 | £1.12M £803.9k–£1.43M | — | — | — | 28y | 83 | 71y |
| CHESHIRE WEST RECYCLING LIMITED→ 12258436 · est 2019 | £855.9k £616.2k–£1.10M | — | — | 310 | 6y | 91 | 65y |
| BROOKS METALS & WASTE LIMITED→ 04574378 · est 2002 | — | — | — | 200 | 23y | 82 | 64y |
| 1905 INVESTMENTS LIMITED→ 06475621 · est 2008 | — | — | £39.9k | — | 18y | 81 | 66y |
| SHREDDING UK LIMITED→ 05884539 · est 2006 | — | — | — | — | 19y | 81 | 71y |
| DAME HYGIENE SERVICES LTD→ 05264535 · est 2004 | — | — | £295 | — | 21y | 80 | 75y |
| GARRATT'S METALS LIMITED→ 05000884 · est 2003 | — | — | £1.32M | — | 22y | 80 | 62y |
| INVASIVE WEED SOLUTIONS LIMITED→ 05289420 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| NOVUM WASTE RECYCLING LIMITED→ 13342783 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| RA COMMERCIAL PROPERTY MAINTENANCE LTD→ 09480531 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| RECIPROC8 TELECOMMUNICATIONS LIMITED→ 06783765 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| RECYCLING WASTE CHESHIRE LTD→ 07258577 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated1991-08-12
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
North Western Mills
Crewe
Cheshire
CW2 6HP
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-01-12
Last: 2025-12-29
Officers (5 active · 9 resigned)
COOKSON, Mark Thomas→
Activesecretary · appointed 2023-04-27
View their other companies + combined net worth →
COOKSON, Mark Thomas→
Activedirector · ~44y · appointed 2023-04-27
View their other companies + combined net worth →
LEA, James John→
Activedirector · ~46y · appointed 2019-06-28
View their other companies + combined net worth →
LEA, John Edward→
Activedirector · ~80y · appointed 1991-08-12
View their other companies + combined net worth →
MEIKLE, Alan→
Activedirector · ~65y · appointed 2010-10-27
View their other companies + combined net worth →
JONES, Alan Gordon→
Resignedsecretary · appointed 1991-08-12 · resigned 1994-11-01
MELLOR, Peter Matthew→
Resignedsecretary · appointed 2018-12-01 · resigned 2023-04-27
THOMAS, Stanley Ronald Lloyd→
Resignedsecretary · appointed 1991-08-12 · resigned 1991-08-12
WARR, David→
Resignedsecretary · appointed 1994-11-01 · resigned 2018-12-01
BEECHER, John Clive→
Resigneddirector · ~96y · appointed 1991-08-12 · resigned 1991-08-12
LEA, Philip→
Resigneddirector · ~111y · appointed 1991-08-12 · resigned 2001-07-27
MELLOR, Peter Matthew→
Resigneddirector · ~48y · appointed 2019-06-28 · resigned 2023-04-27
THOMAS, Stanley Ronald Lloyd→
Resigneddirector · ~64y · appointed 1991-08-12 · resigned 1991-08-12
WARR, David→
Resigneddirector · ~74y · appointed 2010-10-27 · resigned 2019-06-28
Click a director name to see their full track record across all companies.
Recent filings (101 total)
accounts-with-accounts-type-full
accounts · AA
2026-04-16
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-full
accounts · AA
2025-04-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-04-30
accounts-with-accounts-type-small
accounts · AA
2024-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-05
termination-secretary-company-with-name-termination-date
officers · TM02
2023-04-27
appoint-person-director-company-with-name-date
officers · AP01
2023-04-27
termination-director-company-with-name-termination-date
officers · TM01
2023-04-27
appoint-person-secretary-company-with-name-date
officers · AP03
2023-04-27
accounts-with-accounts-type-small
accounts · AA
2023-04-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-small
accounts · AA
2022-04-25