NORIKER POWER LTD
📈Growthactive
09675162 · ltd · incorporated 2015-07-07
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
£1.02M
year to Jul 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: leverage-led grower with strong profile and acceptable with review structure.
Opportunity 77/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).
🏦
Refinance opportunity
10 live charges · 10 lenders · oldest 8.5y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 8.5 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 11 with DOB)
87
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
25 connected companies via shared directors
90
Filing history
103 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
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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredProfitable
Profit before tax £16,016,215
Strong revenue growth
Turnover up 18% YoY
Turned profitable
Returned to profit this year
Turnover YoY
+18%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Turnover | £1.02M | £864.7k |
| Gross profit | £1.02M | £808.7k |
| Profit before tax | £16.02M | £-2.12M |
| Average employees | 4900 | 4000 |
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
1
filing
- • 1 mortgage
Last 180 days
3
filings
- • 1 mortgage
- • 1 accounts
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (64 events)Click to expand
- 2026-03-28📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2026-03-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-24📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-12-22➖KING, Russell resignedsecretary
- 2025-12-05📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2025-09-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-11🔒Charge registered #10Lender: Secured Fixed Income PLC
- 2025-08-27📄resolutionresolution · RESOLUTIONS
- 2025-08-27📄resolutionresolution · RESOLUTIONS
- 2025-08-08➕KNIGHT, Oscar Lyndon Rees appointeddirector
- 2025-08-08➕WILKINS, Jack Owen appointeddirector
- 2025-08-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-06-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-06-04📄capital-return-purchase-own-sharescapital · SH03
- 2025-04-24📄capital-cancellation-sharescapital · SH06
- 2025-04-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-23🔓Charge satisfied #8
- 2025-04-22📄resolutionresolution · RESOLUTIONS
- 2025-04-22📄resolutionresolution · RESOLUTIONS
- 2025-04-22📄memorandum-articlesincorporation · MA
- 2025-04-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-16🔓Charge satisfied #7
- 2025-04-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-10🔒Charge registered #9Lender: Triple Point Advancr Leasing PLC
- 2025-04-09🔒Charge registered #8Lender: Equinor New Energy Limited as the Lender.
- 2025-04-08➖FOSSGARD-MOSER, Ingrid Katherine resigneddirector
- 2025-04-08➖MAHAJAN, Vivek, Mr. resigneddirector
- 2025-04-08➖SMITH, James Isaac resigneddirector
- 2025-02-11🔒Charge registered #7Lender: Equinor New Energy Limited
- 2024-09-09➕KING, Russell appointedsecretary
- 2024-09-09➖THOMAS, Marc resignedsecretary
- 2023-07-10🔓Charge satisfied #6
- 2023-07-10🔓Charge satisfied #5
- 2023-05-02➖BRAATHEN, Bjørn Inge resigneddirector
- 2023-05-02➕MAHAJAN, Vivek, Mr. appointeddirector
- 2022-05-25➕SMITH, James Isaac appointeddirector
- 2021-12-01➕BRAATHEN, Bjørn Inge appointeddirector
- 2021-12-01➕FOSSGARD-MOSER, Ingrid Katherine appointeddirector
- 2021-12-01➖ROBINSON, Rupert Guy resigneddirector
- 2020-12-24🔒Charge registered #6Lender: Metka Egn Limited
- 2020-12-24🔒Charge registered #5Lender: Gresham House Energy Storage Holdings PLC
- 2020-12-23🔒Charge registered #4Lender: Barclays Security Trustee Limited
- 2020-07-30🔓Charge satisfied #2
Showing most recent 50 of 64 events
Owner dependency
55/100
Moderate — manageable with handoverSome 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 73 — succession pressure is live.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- 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.
Group structure
Rainiko Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Rainiko Ltd
Corporate parent · holds 75-100% shares
⬇
NORIKER POWER LTD
This company · 09675162
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Rainiko Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 25/07/2019 |
3 historic (ceased) PSCs
- Equinor New Energy Limitedceased 10/04/2025· 25-50% shares · 25-50% voting
- Gresham House Plcceased 21/05/2021· 25-50% shares · 25-50% voting
- Dr Marc Jason Thomasceased 25/07/2019· 50-75% shares · 50-75% voting
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 · Energy & utilities · GL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALGAEPOWER LTD→ 15953551 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BGS 103 HURST SOLAR PARK LIMITED→ 08783347 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BM LEAK DETECTION LTD→ 16666683 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRYNGOLWG SOLAR LTD→ 13851766 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CARN NICHOLAS SOLAR LIMITED→ 12534442 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CHELTENHAM GRAB HIRE LIMITED→ 15174035 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CHELTENHAM WASTE LIMITED→ 15880597 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CHESHIRE FARM BATTERY STORAGE LIMITED→ 13985291 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CHILLY PENGUIN LTD→ 16794019 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLAYS WOOD RECLAMATION LIMITED→ 01515521 · est 1980 · no financials extracted | — | — | — | — | 45y | — | — |
| CLEAR AND CLEAN HOUSE CLEARANCE LTD→ 16298128 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CLIFTON SOLAR LTD.→ 11677028 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Statusactive
Typeltd
Incorporated2015-07-07
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
Fourth Floor The Quadrangle
Imperial Square
Cheltenham
GL50 1PZ
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-04
Last: 2025-06-20
Officers (4 active · 9 resigned)
KNIGHT, Oscar Lyndon Rees→
Activedirector · ~32y · appointed 2025-08-08
View their other companies + combined net worth →
THOMAS, Marc Jason, Dr→
Activedirector · ~59y · appointed 2015-07-07
View their other companies + combined net worth →
WANG, Zhenni, Dr→
Activedirector · ~73y · appointed 2017-11-07
View their other companies + combined net worth →
WILKINS, Jack Owen→
Activedirector · ~33y · appointed 2025-08-08
View their other companies + combined net worth →
KING, Russell→
Resignedsecretary · appointed 2024-09-09 · resigned 2025-12-22
THOMAS, Marc→
Resignedsecretary · appointed 2015-07-07 · resigned 2024-09-09
BRAATHEN, Bjørn Inge→
Resigneddirector · ~58y · appointed 2021-12-01 · resigned 2023-05-02
FOSSGARD-MOSER, Ingrid Katherine→
Resigneddirector · ~54y · appointed 2021-12-01 · resigned 2025-04-08
GUDGEON, Richard Keith→
Resigneddirector · ~56y · appointed 2016-04-10 · resigned 2018-06-01
MAHAJAN, Vivek, Mr.→
Resigneddirector · ~45y · appointed 2023-05-02 · resigned 2025-04-08
PRATT, Stuart Jonathan→
Resigneddirector · ~73y · appointed 2016-02-01 · resigned 2018-03-13
ROBINSON, Rupert Guy→
Resigneddirector · ~60y · appointed 2019-05-01 · resigned 2021-12-01
SMITH, James Isaac→
Resigneddirector · ~64y · appointed 2022-05-25 · resigned 2025-04-08
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
3
Outstanding
3
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Secured Fixed Income Secured Fixed Income PLC | A registered charge | 1 property | 11/09/2025 | — | |
| outstanding | Triple Point Advancr Leasing Triple Point Advancr Leasing PLC | A registered charge | 1 property | 10/04/2025 | — | |
| satisfied | Equinor New Energy as the Lender. Equinor New Energy Limited as the Lender. | A registered charge | — | 09/04/2025 | 23/04/2025 | |
| satisfied | Equinor New Energy Equinor New Energy Limited | A registered charge | — | 11/02/2025 | 16/04/2025 | |
| satisfied | Metka Egn Metka Egn Limited | A registered charge | — | 24/12/2020 | 10/07/2023 | |
| satisfied | Gresham House Energy Storage Holdings Gresham House Energy Storage Holdings PLC | A registered charge | — | 24/12/2020 | 10/07/2023 | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 23/12/2020 | — | |
| satisfied | Noriker Staunch Noriker Staunch LTD | A registered charge | — | 28/06/2018 | 30/07/2020 | |
| satisfied | Hc ESS3 Hc ESS3 Limited | A registered charge | — | 27/06/2018 | 30/07/2020 | |
| satisfied | Hc ESS2 Hc ESS2 Limited | A registered charge | — | 29/12/2017 | 30/07/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (103 total)
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2026-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-06
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-24
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-12-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-16
resolution
resolution · RESOLUTIONS
2025-08-27
resolution
resolution · RESOLUTIONS
2025-08-27
appoint-person-director-company-with-name-date
officers · AP01
2025-08-08
appoint-person-director-company-with-name-date
officers · AP01
2025-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-20
capital-return-purchase-own-shares
capital · SH03
2025-06-04
capital-cancellation-shares
capital · SH06
2025-04-24