ANDEN LIMITED

🌳Matureactive

07811482 · ltd · incorporated 2011-10-17

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 14.6y 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 72-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 14.6y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 14.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

37 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	0	0

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2025-09-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-14
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-09-12
📄
change-person-director-company-with-change-date
officers · CH01
2018-09-11
📄
change-person-director-company-with-change-date
officers · CH01
2017-10-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-01-14
📄
mortgage-satisfy-charge-full
mortgage · MR04
2017-01-14
🔓
Charge satisfied #1
2016-11-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-19
📄
change-person-director-company-with-change-date
officers · CH01
2011-11-15
🔒
Charge registered #1
Lender: Mw Trustees Limited, Lyster Richard Henry Denny and Sheena Ray Denny
2011-10-17
🏢
Company incorporated
As ANDEN LIMITED
2011-10-17
➕
DENNY, Lyster Richard Henry appointed
director
2011-10-17
➕
DENNY, Sheena Ray appointed
director

Owner dependency

86/100

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.
+Founder age: Director aged approximately 72 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

79/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 15 years.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Lyster Richard Henry Denny Individual · British · DOB 08/1961 · age 65	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Ms Sheena Ray Denny Individual · British · DOB 11/1954 · age 72	25–50%	25–50%	25-50% shares · 25-50% voting	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

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ASBESTOS SOLUTIONS SOUTHWEST LIMITED→ 11155054 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
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AXE SKIP HIRE LIMITED→ 03980515 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
AXMINSTER ENERGY AND UTILITIES GROUP LIMITED→ 14229351 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
BOTTLEMAN RECYCLING SERVICES LIMITED→ 06147063 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
BRK 002 LIMITED→ 11335406 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
BROOKE ENERGY (ENGINEERING) LIMITED→ 10169439 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
BURY WASTE COMPANY LIMITED→ 11748993 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
C.C. HAULAGE AND SONS LIMITED→ 04431564 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
CAGENUT LTD→ 15449924 · est 2024 · no financials extracted	—	—	—	—	2y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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

Incorporated2011-10-17

Jurisdictionengland-wales

Primary SIC35110 — SIC 35110

Registered office

Timberly

South Street

Axminster

Devon

EX13 5AD

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-10-31

Last: 2025-10-17

Officers (2 active · 0 resigned)

DENNY, Lyster Richard Henry→

director · ~65y · appointed 2011-10-17

View their other companies + combined net worth →

Active

DENNY, Sheena Ray→

director · ~72y · appointed 2011-10-17

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Mw Trustees , Lyster Richard Henry Denny and Sheena Ray Denny Mw Trustees Limited, Lyster Richard Henry Denny and Sheena Ray Denny	Legal charge	1 property	15/11/2011	14/01/2017