BIRSAY ENERGY LIMITED

🌳Matureactive
03948272 · ltd · incorporated 2000-03-15
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 17.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 65/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 17.1y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 17.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees4400

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
4
filings
  • • 2 officers
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-12-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-12-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-10-07
    ➖
    WALLACE, David Clouston resigned
    secretary
  5. 2025-10-07
    ➖
    WALLACE, David Clouston resigned
    director
  6. 2024-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2023-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-06-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2019-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2009-05-06
    🔒
    Charge registered #2
    Lender: Triodos Bank N.V
  18. 2009-05-06
    🔒
    Charge registered #1
    Lender: Triodos Bank N.V
  19. 2009-04-08
    🔒
    Charge registered #4
    Lender: Triodos Bank N.V.,
  20. 2009-04-08
    🔒
    Charge registered #3
    Lender: Triodos Bank N.V.,
  21. 2007-12-28
    ➕
    GAULD, Richard appointed
    director
  22. 2007-12-28
    ➕
    WALLACE, David Clouston appointed
    secretary
  23. 2007-12-28
    ➖
    WALLACE, Mark Clouston resigned
    secretary
  24. 2007-12-28
    ➖
    MENTZ, David Stuart resigned
    director
  25. 2007-12-28
    ➕
    WALLACE, David Clouston appointed
    director
  26. 2007-08-14
    ➕
    WALLACE, Mark Clouston appointed
    secretary
  27. 2007-08-14
    ➖
    BRADSHAW resigned
    corporate-secretary
  28. 2000-03-15
    🏢
    Company incorporated
    As BIRSAY ENERGY LIMITED
  29. 2000-03-15
    ➕
    WALLACE, Mark Clouston appointed
    director
  30. 2000-03-15
    ➕
    HICKEY, Patrick Julian appointed
    secretary
  31. 2000-03-15
    ➖
    HICKEY, Patrick Julian resigned
    secretary
  32. 2000-03-15
    ➕
    BRADSHAW appointed
    corporate-secretary
  33. 2000-03-15
    ➕
    MENTZ, David Stuart appointed
    director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: WALLACE, David Clouston resigned 2025-10-07; WALLACE, David Clouston resigned 2025-10-07

Group structure

Hrossey Investments Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Hrossey Investments Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
BIRSAY ENERGY LIMITED
This company · 03948272

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Hrossey Investments Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting17/03/2023
Mrs Ann Wallace
Individual · British · DOB 03/1949 · age 77
25–50%
—25-50% shares01/06/2020
1 historic (ceased) PSC
  • Mrs Laura Wallaceceased 17/03/2023· 25-50% 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 →

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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
Incorporated2000-03-15
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110

Registered office

Head House
Newton In Cartmel
Grange Over Sands
Cumbria
LA11 6JG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-23
Last: 2025-12-09

Officers (2 active · 6 resigned)

GAULD, Richard→
director · ~66y · appointed 2007-12-28
View their other companies + combined net worth →
Active
WALLACE, Mark Clouston→
director · ~55y · appointed 2000-03-15
View their other companies + combined net worth →
Active
HICKEY, Patrick Julian→
secretary · appointed 2000-03-15 · resigned 2000-03-15
Resigned
WALLACE, David Clouston→
secretary · appointed 2007-12-28 · resigned 2025-10-07
Resigned
WALLACE, Mark Clouston→
secretary · appointed 2007-08-14 · resigned 2007-12-28
Resigned
BRADSHAW→
corporate-secretary · appointed 2000-03-15 · resigned 2007-08-14
Resigned
MENTZ, David Stuart→
director · ~56y · appointed 2000-03-15 · resigned 2007-12-28
Resigned
WALLACE, David Clouston→
director · ~86y · appointed 2007-12-28 · resigned 2025-10-07
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Triodos Bank N.V
Charge & release over deposit1 property06/05/2009—
outstanding
Triodos Bank N.V
Bond & floating charge1 property06/05/2009—
outstanding
Triodos Bank N.V.,
Standard security1 property08/04/2009—
outstanding
Triodos Bank N.V.,
Standard security1 property08/04/2009—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (91 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-16
termination-director-company-with-name-termination-date
officers · TM01
2025-12-03
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-03-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-09