CONTRACT NATURAL GAS (MARKETING) LIMITED
Opportunity 52/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company in liquidation. Company is actively being wound up. Not a going concern. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £4.79M | £4.85M |
| Current assets | £5.15M | £5.19M |
| Cash | — | £45.7k |
| Debtors | — | £5.14M |
| Net assets | £268.5k | £321.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 2 insolvency
- • 1 address
- • 1 resolution
- • 2 insolvency
- • 1 address
- • 1 resolution
- • 2 insolvency
- • 2 officers
- • 1 address
Corporate timeline (29 events)Click to expand
- 2026-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-05-21⚠️liquidation-voluntary-statement-of-affairsinsolvency · LIQ02
- 2026-05-21⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2026-05-21📄resolutionresolution · RESOLUTIONS
- 2025-12-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-09-28📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-09-25➕WALLS, Michael appointedsecretary
- 2020-09-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-07-01➖ENGLAND, Christopher John resignedsecretary
- 2019-11-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-07-31📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-07-25➕WALLS, Lisa Ann appointeddirector
- 1997-10-21🏢Company incorporatedAs CONTRACT NATURAL GAS (MARKETING) LIMITED
- 1997-10-21➕LEWORTHY, John Roy appointeddirector
- 1997-10-21➕WALLS, Michael John appointeddirector
- 1997-10-21➕ENGLAND, Christopher John appointedsecretary
- 1997-10-21➕YORK PLACE COMPANY SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1997-10-21➖YORK PLACE COMPANY SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1997-10-21➕YORK PLACE COMPANY NOMINEES LIMITED appointedcorporate-nominee-director
- 1997-10-21➖YORK PLACE COMPANY NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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
2 high ·Company is actively being wound up. Not a going concern.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-05-21: liquidation-voluntary-statement-of-affairs; 2026-05-21: liquidation-voluntary-appointment-of-liquidator
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Roy Leworthy Individual · British · DOB 09/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · firm interest | 06/04/2016 |
Mr Michael John Walls Individual · British · DOB 10/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
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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 →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.
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See pricing →Company details
Registered office
Filing status
Officers (4 active · 3 resigned)
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