PRIME ENERGY DEVELOPMENT LIMITED

⚰️Wound downdissolved
09577440 · ltd · incorporated 2015-05-06
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
50/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (53/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (3 active, 10 linked, 8 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2022-08-06
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2022-08-06
    🏁
    Company dissolved
  3. 2022-05-06
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · LIQ13
  4. 2021-05-18
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  5. 2021-05-18
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2021-05-18
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · LIQ01
  7. 2021-03-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2021-03-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-03-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-03-04
    HOPKINS, Matthew Philip appointed
    director
  11. 2021-03-04
    EYRE, Timothy Martin resigned
    director
  12. 2021-03-04
    THIELE, Christopher Allen resigned
    director
  13. 2020-10-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-09-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2020-08-17
    CAMPBELL, Norman James resigned
    director
  16. 2019-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-06-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2018-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2017-09-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2017-09-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2017-09-11
    EYRE, Timothy Martin appointed
    director
  23. 2017-09-11
    KELLY, Martin Baxter resigned
    director
  24. 2017-01-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2016-12-12
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  26. 2016-09-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2016-09-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  28. 2016-08-23
    KELLY, Martin Baxter appointed
    director
  29. 2016-08-23
    WATLER, Kevin George resigned
    director
  30. 2016-06-28
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  31. 2016-05-03
    BAJOLLE, Denis resigned
    director
  32. 2016-05-03
    WATLER, Kevin George appointed
    director
  33. 2015-05-22
    LIM, Chee Ying appointed
    secretary
  34. 2015-05-22
    TLT SECRETARIES LIMITED resigned
    corporate-secretary
  35. 2015-05-22
    BAJOLLE, Denis appointed
    director
  36. 2015-05-22
    THIELE, Christopher Allen appointed
    director
  37. 2015-05-06
    🏢
    Company incorporated
    As PRIME ENERGY DEVELOPMENT LIMITED
  38. 2015-05-06
    GRANT, George Malcolm appointed
    director
  39. 2015-05-06
    TLT SECRETARIES LIMITED appointed
    corporate-secretary
  40. 2015-05-06
    CAMPBELL, Norman James appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material 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 64 — approaching natural succession window.

Succession & seller-readiness

61/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2022-08-06

4 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2022-08-06: gazette-dissolved-liquidation; 2022-05-06: liquidation-voluntary-members-return-of-final-meeting

Group structure

Watt Power Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Watt Power Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
PRIME ENERGY DEVELOPMENT LIMITED
This company · 09577440

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
Watt Power Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

Active · Trade services · SW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
5 PILLAR AGENCY LTD
17021508 · est 2026 · no financials extracted
5 SEDLESCOMBE ROAD LIMITED
12623544 · est 2020 · no financials extracted
5y
5 STAR UNISEX HAIR SALON LTD.
09263868 · est 2014 · no financials extracted
11y
54 QUEEN'S GATE HOLDINGS LIMITED
04550319 · est 2002 · no financials extracted
23y
54 QUEEN'S GATE HOTEL NOMINEE 2 LIMITED
04578599 · est 2002 · no financials extracted
23y
58 NOVA RTM COMPANY LTD
08068899 · est 2012 · no financials extracted
13y
6 OLD DEVONSHIRE ROAD MANAGEMENT COMPANY LIMITED
03112671 · est 1995 · no financials extracted
30y
60TH PARALLEL SPV LTD
16205598 · est 2025 · no financials extracted
1y
65 EATON PLACE LIMITED
07463779 · est 2010 · no financials extracted
15y
66 CHURCH ROAD RECORDS LIMITED
10946682 · est 2017 · no financials extracted
8y
66 INVESTMENTS LIMITED
11992274 · est 2019 · no financials extracted
6y
6NINE26 LIMITED
13082716 · est 2020 · no financials extracted
5y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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

Statusdissolved
Typeltd
Incorporated2015-05-06
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Office 6.01 Nova North
11 Bressenden Place
Westminster
London
SW1E 5BY
England

Filing status

Accounts
Next due:
Last made up to: 2020-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 7 resigned)

LIM, Chee Ying
secretary · appointed 2015-05-22
View their other companies + combined net worth →
Active
GRANT, George Malcolm
director · ~64y · appointed 2015-05-06
View their other companies + combined net worth →
Active
HOPKINS, Matthew Philip
director · ~58y · appointed 2021-03-04
View their other companies + combined net worth →
Active
TLT SECRETARIES LIMITED
corporate-secretary · appointed 2015-05-06 · resigned 2015-05-22
Resigned
BAJOLLE, Denis
director · ~56y · appointed 2015-05-22 · resigned 2016-05-03
Resigned
CAMPBELL, Norman James
director · ~68y · appointed 2015-05-06 · resigned 2020-08-17
Resigned
EYRE, Timothy Martin
director · ~57y · appointed 2017-09-11 · resigned 2021-03-04
Resigned
KELLY, Martin Baxter
director · ~57y · appointed 2016-08-23 · resigned 2017-09-11
Resigned
THIELE, Christopher Allen
director · ~54y · appointed 2015-05-22 · resigned 2021-03-04
Resigned
WATLER, Kevin George
director · ~55y · appointed 2016-05-03 · resigned 2016-08-23
Resigned

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

Recent filings (39 total)

gazette-dissolved-liquidation
gazette · GAZ2
2022-08-06
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2022-05-06
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2021-05-18
resolution
resolution · RESOLUTIONS
2021-05-18
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2021-05-18
termination-director-company-with-name-termination-date
officers · TM01
2021-03-11
termination-director-company-with-name-termination-date
officers · TM01
2021-03-11
appoint-person-director-company-with-name-date
officers · AP01
2021-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-14
termination-director-company-with-name-termination-date
officers · TM01
2020-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-06