CODLAW RENEWABLE ENERGY LIMITED
🌳Matureactive
08658290 · ltd · incorporated 2013-08-20
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 Mar 2025
Net worth
£246.2k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueActive trading company with a 66-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (78/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 12.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 12.1 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (83/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £246,210
Key financials
2 years extracted from filed iXBRL accountsCash
£107
Net Worth
£246k
Current Assets
£837k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £346.7k | — |
| Current assets | £837.1k | — |
| Cash | £107 | — |
| Debtors | £427.4k | — |
| Net assets | £246.2k | — |
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
4
filings
- • 4 mortgage
Last 90 days
4
filings
- • 4 mortgage
Last 180 days
4
filings
- • 4 mortgage
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2026-07-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-06-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-25🔓Charge satisfied #3
- 2026-06-25🔓Charge satisfied #2
- 2026-06-25🔓Charge satisfied #1
- 2026-06-24🔒Charge registered #7Lender: Ds & Sj Renewables Limited
- 2025-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-10🔓Charge satisfied #5
- 2025-04-10🔓Charge satisfied #4
- 2025-04-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-03🔓Charge satisfied #6
- 2024-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-10➖LIPMAN, Tom resigneddirector
- 2023-08-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-08-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-08-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-23➖IRELAND, David Melville resigneddirector
- 2021-06-27📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-11-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-08-03🔒Charge registered #6Lender: Lombard North Central PLC
- 2016-08-03🔒Charge registered #5Lender: Lombard North Central PLC
- 2016-08-03🔒Charge registered #4Lender: Lombard North Central PLC
- 2016-07-04🔒Charge registered #3Lender: National Westminster Bank PLC
- 2016-07-04🔒Charge registered #2Lender: National Westminster Bank PLC
- 2016-02-01➕LIPMAN, Tom appointeddirector
- 2015-05-11➕FELSTEAD, Mark Thomas appointeddirector
- 2014-06-05🔒Charge registered #1Lender: Susan Audrey Burnell and Guy Richard Burnell
- 2013-08-20🏢Company incorporatedAs CODLAW RENEWABLE ENERGY LIMITED
- 2013-08-20➕ENDERBY, Samuel James appointeddirector
- 2013-08-20➕IRELAND, David Melville appointeddirector
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Thomas Felstead Individual · British · DOB 10/1960 · age 66 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Susan Ann Felstead Individual · British · DOB 12/1961 · age 65 | — | — | sig. influencesignificant influence | 09/03/2023 |
Mr Samuel James Enderby Individual · British · DOB 10/1974 · age 52 | — | — | sig. influencesignificant influence | 01/09/2021 |
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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|---|---|---|---|---|---|---|---|
| BIKEPARTSFARM LTD→ 16697610 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BR AGGREGATES RECYCLING LTD→ 15700603 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BUNDLED BILLS LTD→ 17074871 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CERES ENERGY LIMITED→ 06490828 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| CLEAN WASTE SERVICES LTD→ 11740445 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CLEAR FLOW WATER TREATMENT LIMITED→ 10470370 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| COMMERCIAL AND SME MANAGEMENT LTD→ 14140855 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| COMPLETE SHREDDING LIMITED→ 14529510 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| COOL BREEZE FM LIMITED→ 06288006 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| COOL DESIGNS HOLDINGS LIMITED→ 08028854 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CRAIG ENTERPRISES LIMITED→ 04278577 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
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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
Incorporated2013-08-20
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
C/O Codlaw Farms Codlaw Hill
Wall
Hexham
Northumberland
NE46 4HF
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-03
Last: 2025-08-20
Officers (2 active · 2 resigned)
ENDERBY, Samuel James→
Activedirector · ~52y · appointed 2013-08-20
View their other companies + combined net worth →
FELSTEAD, Mark Thomas→
Activedirector · ~66y · appointed 2015-05-11
View their other companies + combined net worth →
IRELAND, David Melville→
Resigneddirector · ~55y · appointed 2013-08-20 · resigned 2021-07-23
LIPMAN, Tom→
Resigneddirector · ~64y · appointed 2016-02-01 · resigned 2023-08-10
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
1
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ds & Sj Renewables Ds & Sj Renewables Limited | A registered charge | 1 property | 24/06/2026 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | — | 03/08/2016 | 03/04/2025 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | — | 03/08/2016 | 10/04/2025 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 03/08/2016 | 10/04/2025 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 04/07/2016 | 25/06/2026 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 04/07/2016 | 25/06/2026 | |
| satisfied | Susan Audrey Burnell and Guy Richard Burnell | A registered charge | 1 property | 05/06/2014 | 25/06/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (62 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-07-02
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-25
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-25
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-20
termination-director-company-with-name-termination-date
officers · TM01
2023-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-12