E (GAS AND ELECTRICITY) LIMITED

📉Decliningactive
08520118 · ltd · incorporated 2013-05-08
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
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
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Turnover
£231.86M
year to Mar 2025
Net worth
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: SIC 35140
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
  • 35230SIC 35230
Investor take
Special-situation opportunity
Distressed energy with salvageable qualities — special-situations priority.

Opportunity 63/100 (worth a look), bankability 65/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (70/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 6.6y

70/100
ready

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

  • · Oldest live charge is 6.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £9,675,026
Revenue decline
Turnover down 17% YoY
Turnover YoY
-17%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Turnover£231.86M£278.77M
Gross profit£20.02M£25.06M
Operating profit£8.08M£13.68M
Profit before tax£9.68M£14.71M
Average employees1470015400

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

🔒Filing-note intelligence

2 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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-01-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-01-27
    🔒
    Charge registered #4
    Lender: Axpo Solutions Ag
  3. 2025-12-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2024-12-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2023-12-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2023-04-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2023-04-17
    🔓
    Charge satisfied #1
  8. 2023-03-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2023-03-07
    🔓
    Charge satisfied #2
  10. 2022-12-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2022-11-22
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2022-11-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-11-15
    🔒
    Charge registered #3
    Lender: Axpo Solutions Ag
  14. 2022-03-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2021-06-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2021-06-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2021-06-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2020-12-21
    📄
    mortgage-charge-part-release-with-charge-number
    mortgage · MR05
  19. 2020-12-21
    📄
    mortgage-charge-part-release-with-charge-number
    mortgage · MR05
  20. 2020-03-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  21. 2020-03-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2020-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2020-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2020-03-09
    MCPHEARSON AUSTIN, Lindsay Elizabeth appointed
    director
  25. 2020-03-09
    RITCHIE, Christopher appointed
    director
  26. 2020-03-09
    COOKE, Paul resigned
    director
  27. 2020-03-09
    🔒
    Charge registered #2
    Lender: Smartestenergy Limited
  28. 2019-10-22
    🔒
    Charge registered #1
    Lender: Smartestenergy Limited
  29. 2018-01-22
    PROFFITT, Claudia resigned
    director
  30. 2016-07-04
    PROFFITT, Claudia appointed
    director
  31. 2014-10-31
    HUGHES, Alison Louise resigned
    secretary
  32. 2014-10-31
    DYBALL, Andrew resigned
    director
  33. 2014-07-25
    COOKE, Paul appointed
    director
  34. 2013-05-08
    🏢
    Company incorporated
    As E (GAS AND ELECTRICITY) LIMITED
  35. 2013-05-08
    HUGHES, Alison Louise appointed
    secretary
  36. 2013-05-08
    DYBALL, Andrew appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-22

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Bayford Energy Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bayford Energy Bidco Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
E (GAS AND ELECTRICITY) LIMITED
This company · 08520118

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%
NameSharesVoting rightsNature of controlNotified
Bayford Energy Bidco Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/03/2020
3 historic (ceased) PSCs
  • E Holdings Limitedceased 09/03/2020· 75-100% shares
  • Paul Cookeceased 31/08/2016· 75-100% shares · 75-100% voting · board control
  • Miss Lubna Khiljiceased 31/08/2016· 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

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
Incorporated2013-05-08
Jurisdictionengland-wales
Primary SIC35140 — SIC 35140

Registered office

Bowcliffe Hall
Bramham
Wetherby
West Yorkshire
LS23 6LP
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-22OVERDUE
Last: 2025-05-08

Officers (2 active · 4 resigned)

MCPHEARSON AUSTIN, Lindsay Elizabeth
director · ~49y · appointed 2020-03-09
View their other companies + combined net worth →
Active
RITCHIE, Christopher
director · ~50y · appointed 2020-03-09
View their other companies + combined net worth →
Active
HUGHES, Alison Louise
secretary · appointed 2013-05-08 · resigned 2014-10-31
Resigned
COOKE, Paul
director · ~58y · appointed 2014-07-25 · resigned 2020-03-09
Resigned
DYBALL, Andrew
director · ~68y · appointed 2013-05-08 · resigned 2014-10-31
Resigned
PROFFITT, Claudia
director · ~45y · appointed 2016-07-04 · resigned 2018-01-22
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Axpo Solutions Ag
A registered charge1 property27/01/2026
outstanding
Axpo Solutions Ag
A registered charge1 property15/11/2022
satisfied
Smartestenergy
Smartestenergy Limited
A registered charge1 property09/03/202007/03/2023
satisfied
Smartestenergy
Smartestenergy Limited
A registered charge3 properties22/10/201917/04/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-27
accounts-with-accounts-type-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-full
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-11
accounts-with-accounts-type-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-17
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-07
accounts-with-accounts-type-full
accounts · AA
2022-12-21
resolution
resolution · RESOLUTIONS
2022-11-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-13
accounts-with-accounts-type-full
accounts · AA
2022-03-30
accounts-with-accounts-type-full
accounts · AA
2021-06-22