AES DRAX ACQUISITION LIMITED
🌳Matureactive
03834878 · ltd · incorporated 1999-08-26
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
75/100
Strong
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
PursueDormant / non-trading with a 62-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 26.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 26.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — 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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
32 officers (2 active, 32 linked, 23 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
148 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
69
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 officers
Counts from Companies House filing history.
Corporate timeline (93 events)Click to expand
- 2025-12-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-12-05➖GLADDEN, Brett resignedsecretary
- 2025-10-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-30➕LEMMINK, Frank Hendrikus appointeddirector
- 2025-09-30➖SKELTON, Andrew Keith resigneddirector
- 2025-08-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-07-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-07-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-07-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-07-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-08-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-04-07➖KOSS, Andrew Robert resigneddirector
- 2019-10-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-08-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-06-13➕SKELTON, Andrew Keith appointeddirector
- 2019-03-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-03-12📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-02-01➕GLADDEN, Brett appointedsecretary
- 2019-01-31➖MCCALLUM, David resignedsecretary
- 2018-11-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-10-24📄change-person-director-company-with-change-dateofficers · CH01
- 2017-10-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-07-01➕MCCALLUM, David appointedsecretary
- 2016-06-30➖HUDSON, Philip John resignedsecretary
- 2016-01-01➕GARDINER, Dwight Daniel Willard appointeddirector
- 2016-01-01➕KOSS, Andrew Robert appointeddirector
- 2015-12-31➖SCOTT, Michael Iain resigneddirector
- 2015-12-31➖TAYLOR, Paul resigneddirector
- 2015-05-31➖QUINLAN, Anthony James resigneddirector
- 2015-05-31➕SCOTT, Michael Iain appointeddirector
- 2014-10-21➖THOMPSON, Dorothy Carrington resigneddirector
- 2011-12-09➕TAYLOR, Paul appointeddirector
- 2008-09-01➕QUINLAN, Anthony James appointeddirector
- 2008-08-31➖BOYD, Gordon Alexander resigneddirector
- 2008-02-05➖HORSFIELD, Gordon Christopher resigneddirector
- 2008-02-05➕THOMPSON, Dorothy Carrington appointeddirector
- 2007-05-15➕HUDSON, Philip John appointedsecretary
- 2007-05-15➖ROTHWELL, Peter Jeffrey resignedsecretary
- 2005-12-15🔓Charge satisfied #6
- 2005-12-15🔓Charge satisfied #5
- 2005-12-15🔓Charge satisfied #4
- 2005-12-15🔓Charge satisfied #3
- 2005-12-15🔓Charge satisfied #2
- 2005-12-15🔓Charge satisfied #1
- 2005-04-20➕ROTHWELL, Peter Jeffrey appointedsecretary
- 2005-04-20➕BOYD, Gordon Alexander appointeddirector
- 2005-04-19➖WINGROVE, Gerald Langdon resignedsecretary
- 2005-04-19➖WINGROVE, Gerald Langdon resigneddirector
Showing most recent 50 of 93 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: GLADDEN, Brett resigned 2025-12-05; SKELTON, Andrew Keith resigned 2025-09-30
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Chase Nominees Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Chase Nominees Limited
Corporate parent · holds 75-100% shares · board control
⬇
AES DRAX ACQUISITION LIMITED
This company · 03834878
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 |
|---|---|---|---|---|
Chase Nominees Limited Corporate entity | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 06/04/2016 |
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 · Holding company · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2 TRINITY ROAD MANAGEMENT COMPANY LIMITED→ 05886541 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 21, HEWORTH PLACE MANAGEMENT LIMITED→ 03701559 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| 3 CLAREMONT FILEY MANAGEMENT COMPANY LIMITED→ 14602506 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 33/33A LAMPLUGH ROAD LIMITED→ 06669412 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 3P HOLDINGS LIMITED→ 04662761 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| 46 DEVONSHIRE DRIVE (SCARBOROUGH) MANAGEMENT COMPANY LIMITED→ 05885463 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 5 WELLINGTON TERRACE MANAGEMENT LTD→ 09040958 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 5 WINDSOR TERRACE (WHITBY) LIMITED→ 05894522 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 51 CHURCH STREET (WHITBY) LIMITED→ 05239513 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 56 BIRNAM ROAD FREEHOLD LIMITED→ 13089114 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 58-60 BISHOPTHORPE ROAD YORK (MANAGEMENT COMPANY) LIMITED→ 02727549 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| 6 ALL SAINTS FLAT MANAGEMENT CO LTD→ 03227775 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1999-08-26
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
Drax Power Station
.
Selby
North Yorkshire
YO8 8PH
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-03
Last: 2025-07-20
Officers (2 active · 30 resigned)
GARDINER, Dwight Daniel Willard→
Activedirector · ~62y · appointed 2016-01-01
View their other companies + combined net worth →
LEMMINK, Frank Hendrikus→
Activedirector · ~58y · appointed 2025-09-30
View their other companies + combined net worth →
CADE, Amanda Jayne→
Resignedsecretary · appointed 2001-05-01 · resigned 2002-01-18
GLADDEN, Brett→
Resignedsecretary · appointed 2019-02-01 · resigned 2025-12-05
GOWERS, Clair Elizabeth→
Resignedsecretary · appointed 1999-08-26 · resigned 1999-09-02
HOPKINS, Neil Allen→
Resignedsecretary · appointed 1999-09-02 · resigned 2003-08-08
HUDSON, Philip John→
Resignedsecretary · appointed 2007-05-15 · resigned 2016-06-30
MCCALLUM, David→
Resignedsecretary · appointed 2016-07-01 · resigned 2019-01-31
PADBURY, Angela Jane→
Resignedsecretary · appointed 2002-05-30 · resigned 2004-06-30
ROTHWELL, Peter Jeffrey→
Resignedsecretary · appointed 2005-04-20 · resigned 2007-05-15
WINGROVE, Gerald Langdon→
Resignedsecretary · appointed 2004-06-30 · resigned 2005-04-19
ARMSTRONG, Michael Norman→
Resigneddirector · ~68y · appointed 1999-09-02 · resigned 2002-05-31
BOYD, Gordon Alexander→
Resigneddirector · ~66y · appointed 2005-04-20 · resigned 2008-08-31
FLANIGAN, Sarah→
Resigneddirector · ~64y · appointed 2000-01-11 · resigned 2002-05-31
FOY, Ian Michael→
Resigneddirector · ~68y · appointed 2001-05-21 · resigned 2002-11-13
GOWERS, Clair Elizabeth→
Resigneddirector · ~54y · appointed 1999-08-26 · resigned 1999-09-02
GRIMES, John Francis→
Resigneddirector · ~69y · appointed 2001-05-21 · resigned 2002-11-13
HOPKINS, Neil Allen→
Resigneddirector · ~62y · appointed 1999-09-02 · resigned 2003-08-08
HORSFIELD, Gordon Christopher→
Resigneddirector · ~80y · appointed 2003-08-08 · resigned 2008-02-05
ISMAIL, Ahmad Naveed→
Resigneddirector · ~65y · appointed 2002-05-31 · resigned 2003-08-08
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
1
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Bank of New York (As "Security Trustee") | Fixed charge over book debts among aes drax acquisition limited,aes drax acquisition holdings limited,aes drax power finance limited,aes drax holdings limited,aes drax energy ii limited,drax energy limited and the bank of new york | 1 property | 02/08/2000 | — | |
| satisfied | The Chase Manhattan Bank | A share mortgage originally dated 30 november 1999 as amended and restated on 10 april 2000 and further amended and restated on 2 august 2000 between the chargor and the chase manhattan bank (the "security trustee") as agent and trustee for itself and each of the secured creditors | 1 property | 02/08/2000 | 15/12/2005 | |
| satisfied | The Chase Manhattan Bank | A supplemental debenture between the chargors (as defined) and the security trustee relating to the original debenture (as defined) | 1 property | 02/08/2000 | 15/12/2005 | |
| satisfied | The Chase Manhattan Bank,as Security Trustee | Supplemental deed to a fixed charge over book debts dated 30 november 1999,among aes drax acquisition limited,aes drax acquisition holdings limited,aes drax power finance limited,aes drax holdings limited and the chase manhattan bank | 1 property | 08/02/2000 | 15/12/2005 | |
| satisfied | The Chase Manhattan Bank (As Security Trustee) | Fixed charge over book debts | 1 property | 30/11/1999 | 15/12/2005 | |
| satisfied | The Chase Manhattan Bank | Debenture | 1 property | 30/11/1999 | 15/12/2005 | |
| satisfied | The Chase Manhattan Bank | Share mortgage | 1 property | 30/11/1999 | 15/12/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (148 total)
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-18
appoint-person-director-company-with-name-date
officers · AP01
2025-10-10
termination-director-company-with-name-termination-date
officers · TM01
2025-10-09
accounts-with-accounts-type-dormant
accounts · AA
2025-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
accounts-with-accounts-type-dormant
accounts · AA
2024-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-27
accounts-with-accounts-type-dormant
accounts · AA
2023-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-16
accounts-with-accounts-type-dormant
accounts · AA
2022-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-06
accounts-with-accounts-type-dormant
accounts · AA
2021-07-08
accounts-with-accounts-type-dormant
accounts · AA
2020-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-05