MA020 LIMITED

🌳Matureactive
08983628 · ltd · incorporated 2014-04-07
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 11.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
77/100
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 66-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (73/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · oldest 11.9y

85/100
ready

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

  • · Oldest live charge is 11.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

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 (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
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
£0£460k£921k£1.4m£1.8m£2.3mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£2.72M
Current assets£2.30M
Cash£83.6k
Debtors£2.22M
Net assets£65.4k
Average employees400

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
7
filings
  • 7 mortgage
Last 90 days
8
filings
  • 7 mortgage
  • 1 persons-with-significant-control
Last 180 days
8
filings
  • 7 mortgage
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2026-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2026-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2026-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2026-05-20
    🔓
    Charge satisfied #7
  9. 2026-05-20
    🔓
    Charge satisfied #6
  10. 2026-05-20
    🔓
    Charge satisfied #5
  11. 2026-05-20
    🔓
    Charge satisfied #4
  12. 2026-05-20
    🔓
    Charge satisfied #3
  13. 2026-05-20
    🔓
    Charge satisfied #2
  14. 2026-05-20
    🔓
    Charge satisfied #1
  15. 2026-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2025-08-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  17. 2025-08-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2025-08-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2025-08-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2025-08-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2025-08-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2025-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2024-11-28
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2024-11-28
    📄
    memorandum-articles
    incorporation · MA
  25. 2024-11-21
    📄
    capital-allotment-shares
    capital · SH01
  26. 2024-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2024-09-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  28. 2024-09-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  29. 2024-09-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  30. 2024-09-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  31. 2016-12-09
    🔒
    Charge registered #7
    Lender: Julian Hodge Bank Limited
  32. 2016-03-23
    🔒
    Charge registered #6
    Lender: Julian Hodge Bank Limited
  33. 2015-05-14
    🔒
    Charge registered #5
    Lender: Julian Hodge Bank Limited
  34. 2014-10-14
    🔒
    Charge registered #4
    Lender: Julian Hodge Bank Limited
  35. 2014-09-02
    🔒
    Charge registered #3
    Lender: Julian Hodge Bank Limited
  36. 2014-07-11
    🔒
    Charge registered #2
    Lender: Julian Hodge Bank Limited
  37. 2014-07-11
    🔒
    Charge registered #1
    Lender: Julian Hodge Bank Limited
  38. 2014-05-23
    PEARSON, John Edward appointed
    director
  39. 2014-04-07
    🏢
    Company incorporated
    As MA020 LIMITED
  40. 2014-04-07
    COLES, Simon Edward appointed
    director
  41. 2014-04-07
    FELSTEAD, Mark Thomas appointed
    director
  42. 2014-04-07
    WINTON, Joseph David appointed
    director

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

63/100
Strong succession signal

Multiple 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.
  • secondary12+ year tenure: Director in role 12 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
medium

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

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Noodleman Moon Ltd
Corporate parent · holds 25-50% shares
significant stake
🏛️
Third Wind Renewables Limited
Corporate parent · holds 25-50% shares
significant stake
MA020 LIMITED
This company · 08983628

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Noodleman Moon Ltd
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting21/10/2021
Third Wind Renewables Limited
Corporate entity
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Porterledge Renewable Limitedceased 21/10/2021· 25-50% shares

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

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
Incorporated2014-04-07
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110

Registered office

Vivian House
Newham Road
Truro
Cornwall
TR1 2DP
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14

Officers (4 active · 0 resigned)

COLES, Simon Edward
director · ~46y · appointed 2014-04-07
View their other companies + combined net worth →
Active
FELSTEAD, Mark Thomas
director · ~66y · appointed 2014-04-07
View their other companies + combined net worth →
Active
PEARSON, John Edward
director · ~51y · appointed 2014-05-23
View their other companies + combined net worth →
Active
WINTON, Joseph David
director · ~41y · appointed 2014-04-07
View their other companies + combined net worth →
Active

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

Mortgages & charges

7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge09/12/201620/05/2026
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge23/03/201620/05/2026
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge14/05/201520/05/2026
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge14/10/201420/05/2026
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge02/09/201420/05/2026
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge11/07/201420/05/2026
satisfied
Julian Hodge Bank
Julian Hodge Bank Limited
A registered charge1 property11/07/201420/05/2026

Recent filings (79 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-05-20
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-20
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-20
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-20
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-20
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-20
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-04-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-08-12
change-person-director-company-with-change-date
officers · CH01
2025-08-12
change-person-director-company-with-change-date
officers · CH01
2025-08-12
change-person-director-company-with-change-date
officers · CH01
2025-08-12
change-person-director-company-with-change-date
officers · CH01
2025-08-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-12