DRAX POWER LIMITED
🌳Matureactive
04883589 · ltd · incorporated 2003-09-01
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
70/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 16 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
42 live charges · 13 lenders · oldest 26.5y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 26.5 years old — likely at or near maturity.
- · 13 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
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
42 charges (42/42 with lender, 42/42 with type)
90
Directors & officers
40 officers (6 active, 40 linked, 30 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
25 connected companies via shared directors
90
Filing history
220 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 2 officers
Last 180 days
4
filings
- • 3 officers
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (152 events)Click to expand
- 2026-03-23📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2026-03-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-19➕DUNN, Rebecca appointedsecretary
- 2026-03-19➕PEACOCK, Daniel Andrew appointeddirector
- 2025-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-12-18🔒Charge registered #42Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2025-12-05➖GLADDEN, Brett resignedsecretary
- 2025-10-09📄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
- 2025-07-10📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-19🔒Charge registered #41Lender: Deutsche Bank Ag, London Branch
- 2024-08-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-01➕DAWES, Lee Michael appointeddirector
- 2024-08-01➖SMALL, Penelope Louise resigneddirector
- 2024-08-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-17📄accounts-with-accounts-type-fullaccounts · AA
- 2024-05-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-02🔒Charge registered #40Lender: Deutsche Bank Ag, London Branch
- 2024-04-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-03🔒Charge registered #39Lender: Deutsche Bank Ag, London Branch
- 2024-02-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-22🔒Charge registered #38Lender: Deutsche Bank Ag, London Branch
- 2023-07-19📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-09🔒Charge registered #37Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2022-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-22🔓Charge satisfied #16
- 2021-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-27➕SHEFFIELD, Paul Nathan appointeddirector
- 2021-10-27➕SMALL, Penelope Louise appointeddirector
- 2021-09-20➖PATRICK, Michael Thomas resigneddirector
- 2021-07-12🔒Charge registered #36Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2021-04-30➖GREENSMITH, Edward Brian resigneddirector
- 2021-02-28➖RHODES, Charlotte Clare resigneddirector
- 2020-12-23🔒Charge registered #35Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2020-12-23🔒Charge registered #34Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2020-12-23🔒Charge registered #33Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2020-12-23🔒Charge registered #32Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2020-12-23🔒Charge registered #31Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2020-12-23🔒Charge registered #30Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2020-12-23🔒Charge registered #29Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2020-12-23🔒Charge registered #28Lender: Deutsche Bank Ag, London Branch (As Security Agent)
- 2020-12-23🔒Charge registered #27Lender: Deutsche Bank Ag, London Branch (As Security Agent)
Showing most recent 50 of 152 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med · 1 low2 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.
28 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Drax Smart Generation Holdco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Drax Smart Generation Holdco Limited
Corporate parent · holds 75-100% shares · board control
⬇
DRAX POWER LIMITED
This company · 04883589
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 |
|---|---|---|---|---|
Drax Smart Generation Holdco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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 · Energy & utilities · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALLENSWAY RECYCLING (GRIMSBY) LIMITED→ 06977885 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ALTHERM LTD→ 11892924 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ARGLAM RENEWABLES LIMITED→ 08656151 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ASHCOURT RECYCLING LIMITED→ 14574340 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CROSSLEY TYRES LIMITED→ 06839856 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CUBE (YORKSHIRE) LTD→ 06558096 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| DMH ELECTRICAL SERVICES LTD→ 15205900 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DONCASTER POWER (10MW) LIMITED→ 11377507 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DRAINS UK 2000 (LINING) LTD→ 09276033 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| DRAX BESS MARFLEET LIMITED→ 12967525 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DRAX ENERGY SOLUTIONS LIMITED→ 05893966 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| DRAX PUMPED STORAGE LIMITED→ 06657336 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated2003-09-01
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
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 (6 active · 34 resigned)
Active
DAWES, Lee Michael→
Activedirector · ~55y · appointed 2024-08-01
View their other companies + combined net worth →
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 →
PEACOCK, Daniel Andrew→
Activedirector · ~47y · appointed 2026-03-19
View their other companies + combined net worth →
SHEFFIELD, Paul Nathan→
Activedirector · ~51y · appointed 2021-10-27
View their other companies + combined net worth →
GLADDEN, Brett→
Resignedsecretary · appointed 2019-02-01 · resigned 2025-12-05
HUDSON, Philip John→
Resignedsecretary · appointed 2007-05-15 · resigned 2016-06-30
MACKINNON, John Roderick→
Resignedsecretary · appointed 2004-06-30 · resigned 2004-10-18
MCCALLUM, David→
Resignedsecretary · appointed 2016-07-01 · resigned 2019-01-31
PADBURY, Angela Jane→
Resignedsecretary · appointed 2003-09-04 · resigned 2004-06-30
ROTHWELL, Peter Jeffrey→
Resignedsecretary · appointed 2004-10-18 · resigned 2007-05-15
WARD, Mark Adrian→
Resignedsecretary · appointed 2003-09-01 · resigned 2003-09-04
THE COMPANY REGISTRATION AGENTS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-09-01 · resigned 2003-09-01
BARKER, Timothy Gwynne→
Resigneddirector · ~86y · appointed 2004-06-30 · resigned 2005-12-15
BOYD, Gordon Alexander→
Resigneddirector · ~66y · appointed 2005-01-10 · resigned 2008-08-31
BROWN, Stuart James→
Resigneddirector · ~59y · appointed 2015-03-01 · resigned 2017-03-31
EMERY, Peter Richard→
Resigneddirector · ~64y · appointed 2004-06-01 · resigned 2015-12-31
GRASBY, Patrick Michael→
Resigneddirector · ~83y · appointed 2003-12-22 · resigned 2005-12-15
GREENSMITH, Edward Brian→
Resigneddirector · ~59y · appointed 2015-03-01 · resigned 2021-04-30
Click a director name to see their full track record across all companies.
Mortgages & charges
42
Total charges
28
Outstanding
5
Active lenders
Status:Lender:42 of 42 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 1 property | 18/12/2025 | — | |
| outstanding | Deutsche Bank Ag, London Branch | A registered charge | 1 property | 19/08/2024 | — | |
| outstanding | Deutsche Bank Ag, London Branch | A registered charge | 2 properties | 02/05/2024 | — | |
| outstanding | Deutsche Bank Ag, London Branch | A registered charge | 2 properties | 03/04/2024 | — | |
| outstanding | Deutsche Bank Ag, London Branch | A registered charge | 2 properties | 22/02/2024 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 3 properties | 09/12/2022 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 1 property | 12/07/2021 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 2 properties | 23/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 2 properties | 23/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 2 properties | 23/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 2 properties | 23/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 2 properties | 23/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 2 properties | 23/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 2 properties | 23/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 2 properties | 23/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 2 properties | 23/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 2 properties | 23/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 1 property | 17/12/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 1 property | 18/11/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 1 property | 04/11/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch (As Security Agent) | A registered charge | 1 property | 18/08/2020 | — | |
| outstanding | Deutsche Bank Ag, London Branch | A registered charge | 1 property | 24/07/2019 | — | |
| outstanding | Deutsche Bank Ag, London Branch | A registered charge | 1 property | 16/05/2019 | — | |
| outstanding | Deutsche Bank Ag, London Branch | A registered charge | 1 property | 21/12/2018 | — | |
| outstanding | Deutsche Bank Ag, London Branch | A registered charge | 3 properties | 26/04/2018 | — | |
| outstanding | Deutsche Bank Ag, London Branch as Security Agent | A registered charge | 1 property | 05/05/2017 | — | |
| satisfied | Deborah Keedy / Nicholas Parker / Thomas Evans / Philip Hudson | A registered charge | 1 property | 05/05/2017 | 22/07/2022 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 11/07/2013 | 03/12/2018 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | A deposit agreement | 1 property | 20/12/2012 | 03/12/2018 | |
| outstanding | Deutsche Bank Ag, London Branch (The Security Agent) | A security deed | 1 property | 20/12/2012 | — | |
| outstanding | Philip Hudson as Trustee of the Drax Pension Scheme and John Blagden as Trustee of the Drax Pension Scheme | A second ranking deed of charge | 1 property | 20/12/2012 | — | |
| satisfied | Nasdaq Omx Stockholm Ab | Collateral security deed | 1 property | 20/12/2011 | 19/10/2017 | |
| satisfied | Barclays Barclays Bank PLC (The Security Agent) | Security agreement | 1 property | 28/07/2011 | 07/01/2013 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Deposit agreement to secure own liabilities | 1 property | 22/07/2011 | 07/01/2013 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Deposit agreement to secure own liabilities | 1 property | 22/02/2011 | 12/08/2011 | |
| satisfied | Barclays Barclays Bank PLC (The Security Agent) | Supplemental debenture | 2 properties | 05/05/2010 | 01/08/2011 | |
| satisfied | Barclays Barclays Bank PLC (The Security Agent) | A supplemental debenture | 1 property | 03/08/2009 | 01/08/2011 | |
| satisfied | Barclays Barclays Bank PLC (The Security Agent) | Security agreement | 2 properties | 15/12/2005 | 01/08/2011 | |
| satisfied | Jpmorgan Chase Bank as Security Trustee in Its Capacity as Agent and Trustee for Itself Andeach of the Secured Creditors | Drax third english debenture | 2 properties | 22/12/2003 | 15/12/2005 | |
| satisfied | Jp Morgan Chase Bank (Security Trustee) as Agent and Trustee for Itself and Each of the Secured Creditors | Debenture | 1 property | 12/09/2003 | 15/12/2005 | |
| satisfied | The Chase Manhattan Bank (Renamed Jpmorgan Chase Bank) (the Security Trustee) | Debenture | 2 properties | 02/08/2000 | 15/12/2005 | |
| satisfied | The Chase Manhattan Bank (Renamed Jpmorgan Chase Bank) (the Security Trustee) | Debenture | 2 properties | 30/11/1999 | 15/12/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (220 total)
appoint-person-secretary-company-with-name-date
officers · AP03
2026-03-23
appoint-person-director-company-with-name-date
officers · AP01
2026-03-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-23
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-18
appoint-person-director-company-with-name-date
officers · AP01
2025-10-09
termination-director-company-with-name-termination-date
officers · TM01
2025-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-01
accounts-with-accounts-type-full
accounts · AA
2025-07-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-22
appoint-person-director-company-with-name-date
officers · AP01
2024-08-15
termination-director-company-with-name-termination-date
officers · TM01
2024-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
accounts-with-accounts-type-full
accounts · AA
2024-07-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-05