FORTIS ENERGY LIMITED

🌳Matureactive
06960853 · ltd · incorporated 2009-07-14
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 35130
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-02-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-04-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-02-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-01-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-09-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2019-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-08-15
    📄
    capital-return-purchase-own-shares
    capital · SH03
  14. 2018-08-03
    📄
    capital-cancellation-shares
    capital · SH06
  15. 2018-07-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2018-07-16
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2018-07-03
    ASKEW, John Roger Thomas resigned
    director
  18. 2011-04-21
    ASKEW, James Christian appointed
    director
  19. 2010-11-12
    SANDELL, Christopher John resigned
    director
  20. 2010-06-08
    RICE, Matthew Craig appointed
    director
  21. 2009-07-14
    🏢
    Company incorporated
    As FORTIS ENERGY LIMITED
  22. 2009-07-14
    ASKEW, John Roger Thomas appointed
    director
  23. 2009-07-14
    SANDELL, Christopher John appointed
    director

Owner dependency

68/100
High — earn-out structure required

Material 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.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 17 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

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Matthew Craig Rice
Individual · British · DOB 08/1970 · age 56
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence01/07/2016
Mr James Christian Askew
Individual · British · DOB 03/1972 · age 54
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/07/2016
1 historic (ceased) PSC
  • Mr John Roger Thomas Askewceased 03/07/2018· 25-50% shares · 25-50% voting · board control · significant influence

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
Incorporated2009-07-14
Jurisdictionengland-wales
Primary SIC35130 — SIC 35130

Registered office

Fortis House
Cothey Way
Ryde
Isle Of Wight
PO33 1QT
United Kingdom

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-07-28
Last: 2026-07-14

Officers (2 active · 2 resigned)

ASKEW, James Christian
director · ~54y · appointed 2011-04-21
View their other companies + combined net worth →
Active
RICE, Matthew Craig
director · ~56y · appointed 2010-06-08
View their other companies + combined net worth →
Active
ASKEW, John Roger Thomas
director · ~81y · appointed 2009-07-14 · resigned 2018-07-03
Resigned
SANDELL, Christopher John
director · ~65y · appointed 2009-07-14 · resigned 2010-11-12
Resigned

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

Recent filings (57 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-17
change-person-director-company-with-change-date
officers · CH01
2024-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-21