CARSE GRAY RENEWABLES LIMITED
🌳Matureactive
08419772 · ltd · incorporated 2013-02-26
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 10.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£35.4k
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 bankable structure.
Opportunity 80/100 (exceptional), 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 (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 10.5y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 10.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 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 · FRS 105 (micro)Positive net assets
Net assets £35,418
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£35k
↑ 1011% YoY
Current Assets
£73k
↓ 6.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £35.4k | £-3.9k |
| Current assets | £73.1k | £77.7k |
| Net assets | £35.4k | £-3.9k |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-11-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-05-14🔒Charge registered #2Lender: Gigabox No 4 Limited
- 2021-01-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-03-06📄change-person-director-company-with-change-dateofficers · CH01
- 2017-03-06📄change-person-director-company-with-change-dateofficers · CH01
- 2016-12-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-11🔒Charge registered #1Lender: Carsebank Solar Limited
- 2013-02-26🏢Company incorporatedAs CARSE GRAY RENEWABLES LIMITED
- 2013-02-26➕GRAY-CHEAPE, Hugo James appointeddirector
- 2013-02-26➕GRAY-CHEAPE, Melissa Noreen appointeddirector
Owner dependency
79/100
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 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
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 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 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.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Hugo James Gray-Cheape Individual · British · DOB 11/1968 · age 58 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| DRAIN DADDIES LIMITED→ 15808372 · 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
Incorporated2013-02-26
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
Barclays Bank Chambers
Bridge Street
Stratford-Upon-Avon
CV37 6AH
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09
Officers (2 active · 0 resigned)
GRAY-CHEAPE, Hugo James→
Activedirector · ~58y · appointed 2013-02-26
View their other companies + combined net worth →
GRAY-CHEAPE, Melissa Noreen→
Activedirector · ~55y · appointed 2013-02-26
View their other companies + combined net worth →
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 | Gigabox No 4 Gigabox No 4 Limited | A registered charge | 1 property | 14/05/2021 | — | |
| outstanding | Carsebank Solar Carsebank Solar Limited | A registered charge | 1 property | 11/12/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (32 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-12