BRITNED DEVELOPMENT LIMITED

🌳Matureactive
04251409 · ltd · incorporated 2001-07-12
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 12.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 35120
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 12.3y

50/100
clean up first

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

  • · Oldest live charge is 12.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
41 officers (5 active, 41 linked, 32 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
199 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (103 events)Click to expand
  1. 2025-09-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-08-01
    WOESSINK, Frank appointed
    director
  3. 2025-08-01
    GORT, Richard, Dr resigned
    director
  4. 2025-08-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-08-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-01-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-01-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-01-01
    DIETZ, Thorsten resigned
    director
  9. 2025-01-01
    GORT, Richard, Dr appointed
    director
  10. 2024-06-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2023-11-15
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2023-11-06
    HOLLIS, Katie Suzanne appointed
    secretary
  13. 2023-10-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2023-10-26
    HAGAN, Lawrence resigned
    secretary
  15. 2023-10-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2023-10-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2023-10-12
    SEMAL, Clara appointed
    director
  18. 2023-10-12
    LALLI, Sandeep Kaur resigned
    director
  19. 2023-07-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2023-04-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-04-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2023-04-01
    SEDLER, Rebecca appointed
    director
  23. 2023-04-01
    MEDALOVA, Nicola Anne resigned
    director
  24. 2022-11-23
    📄
    termination-director-company
    officers · TM01
  25. 2022-11-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  26. 2022-11-18
    BARNES, Megan resigned
    secretary
  27. 2022-09-08
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  28. 2022-08-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  29. 2022-07-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2022-07-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  31. 2022-07-07
    LALLI, Sandeep Kaur appointed
    director
  32. 2022-07-07
    TAYLOR, Julie Anne resigned
    director
  33. 2021-09-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  34. 2021-08-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  35. 2021-08-01
    SIDES, Nick resigned
    director
  36. 2021-08-01
    TAYLOR, Julie Anne appointed
    director
  37. 2021-06-30
    HAGAN, Lawrence appointed
    secretary
  38. 2021-05-01
    BUTTERWORTH, Jonathan resigned
    director
  39. 2021-05-01
    MEDALOVA, Nicola Anne appointed
    director
  40. 2020-07-01
    DIETZ, Thorsten appointed
    director
  41. 2020-07-01
    FRICKE, Guido Thomas resigned
    director
  42. 2019-10-01
    DIJCKMANS, Jan-Paul appointed
    director
  43. 2019-10-01
    HARTMAN, Alexander Adriaan resigned
    director
  44. 2018-11-30
    BARNES, Megan appointed
    secretary
  45. 2018-11-30
    MORGAN, Alice Parker resigned
    secretary
  46. 2018-07-13
    WHINCUP, David George resigned
    secretary
  47. 2016-05-10
    MORGAN, Alice Parker appointed
    secretary
  48. 2016-05-10
    WHINCUP, David George appointed
    secretary
  49. 2016-03-31
    RAYNER, Heather Maria resigned
    secretary
  50. 2015-07-17
    BUTTERWORTH, Jonathan appointed
    director
Showing most recent 50 of 103 events

Owner dependency

40/100
Moderate — manageable with handover

Some 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.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

National Grid Interconnector Holdings Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
National Grid Interconnector Holdings Limited
Corporate parent · holds 25-50% shares · board control
significant stake
BRITNED DEVELOPMENT LIMITED
This company · 04251409

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
National Grid Interconnector Holdings Limited
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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 →

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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
Incorporated2001-07-12
Jurisdictionengland-wales
Primary SIC35120 — SIC 35120

Registered office

1-3 Strand
London
WC2N 5EH

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-15
Last: 2025-08-01

Officers (5 active · 36 resigned)

HOLLIS, Katie Suzanne
secretary · appointed 2023-11-06
View their other companies + combined net worth →
Active
DIJCKMANS, Jan-Paul
director · ~54y · appointed 2019-10-01
View their other companies + combined net worth →
Active
SEDLER, Rebecca
director · ~49y · appointed 2023-04-01
View their other companies + combined net worth →
Active
SEMAL, Clara
director · ~37y · appointed 2023-10-12
View their other companies + combined net worth →
Active
WOESSINK, Frank
director · ~44y · appointed 2025-08-01
View their other companies + combined net worth →
Active
BARNES, Megan
secretary · appointed 2018-11-30 · resigned 2022-11-18
Resigned
FORWARD, David Charles
secretary · appointed 2001-09-28 · resigned 2013-11-30
Resigned
HAGAN, Lawrence
secretary · appointed 2021-06-30 · resigned 2023-10-26
Resigned
MORGAN, Alice Parker
secretary · appointed 2016-05-10 · resigned 2018-11-30
Resigned
RAYNER, Heather Maria
secretary · appointed 2013-12-19 · resigned 2016-03-31
Resigned
WHINCUP, David George
secretary · appointed 2016-05-10 · resigned 2018-07-13
Resigned
PHILSEC LIMITED
corporate-nominee-secretary · appointed 2001-07-12 · resigned 2001-09-28
Resigned
ADAMS, Leslie
director · ~68y · appointed 2001-09-28 · resigned 2005-09-29
Resigned
BOREHAM, Peter John
director · ~67y · appointed 2012-09-15 · resigned 2013-08-08
Resigned
BUTTERWORTH, Jonathan
director · ~64y · appointed 2015-07-17 · resigned 2021-05-01
Resigned
COCHRANE, John Gregory
director · ~68y · appointed 2007-06-04 · resigned 2012-09-15
Resigned
DIETZ, Thorsten
director · ~55y · appointed 2020-07-01 · resigned 2025-01-01
Resigned
FRICKE, Guido Thomas
director · ~59y · appointed 2011-11-02 · resigned 2020-07-01
Resigned
GORT, Richard, Dr
director · ~58y · appointed 2025-01-01 · resigned 2025-08-01
Resigned
HARTMAN, Alexander Adriaan
director · ~72y · appointed 2004-01-01 · resigned 2019-10-01
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Nordea Bank Ab, London Branch
A registered charge01/01/201518/02/2015
satisfied
Nordea Bank Finland , London Branch
Nordea Bank Finland PLC, London Branch
A registered charge1 property29/01/201405/02/2015

Recent filings (199 total)

accounts-with-accounts-type-full
accounts · AA
2025-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
termination-director-company-with-name-termination-date
officers · TM01
2025-08-01
appoint-person-director-company-with-name-date
officers · AP01
2025-08-01
appoint-person-director-company-with-name-date
officers · AP01
2025-01-09
termination-director-company-with-name-termination-date
officers · TM01
2025-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-08
accounts-with-accounts-type-full
accounts · AA
2024-06-24
appoint-person-secretary-company-with-name-date
officers · AP03
2023-11-15
termination-secretary-company-with-name-termination-date
officers · TM02
2023-10-27
termination-director-company-with-name-termination-date
officers · TM01
2023-10-25
appoint-person-director-company-with-name-date
officers · AP01
2023-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-10
accounts-with-accounts-type-full
accounts · AA
2023-07-11
termination-director-company-with-name-termination-date
officers · TM01
2023-04-12