ARMSTRONG ENERGY LIMITED
🌳Matureactive
07991720 · ltd · incorporated 2012-03-15
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 5.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£133.3k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: active trading company with exceptional profile and acceptable with review structure.
Opportunity 80/100 (exceptional), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 5.5y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 5.5 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: medium (76/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 6 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
20 connected companies via shared directors
90
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £133,323
Net assets shrinking
Down £81,441 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£133k
↓ 38% YoY
Current Assets
£155k
↓ 64% YoY
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 |
|---|---|---|
| Total assets | £133.3k | £214.8k |
| Current assets | £155.1k | £435.9k |
| Cash | — | £24.1k |
| Debtors | — | £411.7k |
| Net assets | £133.3k | £214.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
6
filings
- • 3 officers
- • 1 confirmation-statement
- • 1 address
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-01-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-16📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-01-16📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-13🔒Charge registered #2Lender: Andrew Newman
- 2025-05-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-22➖HUGHES, Michael John resigneddirector
- 2024-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-26📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-30📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-04-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-21➕HUGHES, Michael John appointeddirector
- 2022-04-21➖HUGHES, Michael John resigneddirector
- 2022-04-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-13➖MAHON, Stephen William, Dr resigneddirector
- 2021-03-11📄accounts-with-accounts-type-smallaccounts · AA
- 2020-11-25🔒Charge registered #1Lender: Armstrong Capital Management Limited
- 2018-07-13➖YAZDABADI, Alan Adi resigneddirector
- 2018-02-20➕HUGHES, Michael John appointeddirector
- 2013-04-05➕CHAMBERLAYNE, Robin Francis appointeddirector
- 2013-03-25➕YAZDABADI, Alan Adi appointeddirector
- 2012-03-15🏢Company incorporatedAs ARMSTRONG ENERGY LIMITED
- 2012-03-15➕NEWMAN, Andrew Jonathan Charles appointedsecretary
- 2012-03-15➕NEWMAN, Andrew Jonathan Charles appointeddirector
- 2012-03-15➕MAHON, Stephen William, Dr appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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| AEI HOLDCO LIMITED→ 08567239 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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| AQUA ENVIRONMENTAL COMMISSIONING LTD→ 14605771 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ARKHA NON-CONVENTIONAL ENERGY (HOLDINGS) LIMITED→ 09201441 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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| BGM NORFOLK LIMITED→ 15941481 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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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
Incorporated2012-03-15
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
C/O External Services Limited, 20 Central Avenue
St Andrews Business Park
Norwich
NR7 0HR
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-29
Last: 2026-03-15
Officers (3 active · 4 resigned)
NEWMAN, Andrew Jonathan Charles→
Activesecretary · appointed 2012-03-15
View their other companies + combined net worth →
CHAMBERLAYNE, Robin Francis→
Activedirector · ~60y · appointed 2013-04-05
View their other companies + combined net worth →
NEWMAN, Andrew Jonathan Charles→
Activedirector · ~56y · appointed 2012-03-15
View their other companies + combined net worth →
HUGHES, Michael John→
Resigneddirector · ~51y · appointed 2022-04-21 · resigned 2025-05-22
HUGHES, Michael John→
Resigneddirector · ~51y · appointed 2018-02-20 · resigned 2022-04-21
MAHON, Stephen William, Dr→
Resigneddirector · ~58y · appointed 2012-03-15 · resigned 2021-07-13
YAZDABADI, Alan Adi→
Resigneddirector · ~46y · appointed 2013-03-25 · resigned 2018-07-13
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Andrew Newman / Michael Hughes / Robin Chamberlayne / Stephen Mahon | A registered charge | 1 property | 13/11/2025 | — | |
| outstanding | Armstrong Capital Management Armstrong Capital Management Limited | A registered charge | 1 property | 25/11/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (77 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-16
change-person-secretary-company-with-change-date
officers · CH03
2026-01-16
change-person-director-company-with-change-date
officers · CH01
2026-01-16
change-person-director-company-with-change-date
officers · CH01
2026-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-17
termination-director-company-with-name-termination-date
officers · TM01
2025-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-20
change-person-director-company-with-change-date
officers · CH01
2024-11-26
change-person-director-company-with-change-date
officers · CH01
2024-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-20