CWE X LIMITED
📉Decliningactive
09738151 · ltd · incorporated 2015-08-18
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
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: conservative operator with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 67/100. 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: strategic trade sale (78/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 10.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 10.4 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 (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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
53 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
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £13,056
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 · FRS 102| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Profit before tax | £13.1k | £144.7k |
| Average employees | 3 | 300 |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
- 2026-07-06📄accounts-with-accounts-type-fullaccounts · AA
- 2026-02-19➕HUBBARD, Matthew Richard appointeddirector
- 2026-02-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-31➖HUTT, Bruce John Alexander resigneddirector
- 2025-08-05📄accounts-with-accounts-type-fullaccounts · AA
- 2024-07-07📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-18📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-20➕MYERS, Sarah Jane Louise appointeddirector
- 2023-03-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-16➕FRENCH, Timothy Paul appointeddirector
- 2022-11-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-13📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-08➖BIRD, James resigneddirector
- 2021-12-20📄accounts-with-accounts-type-fullaccounts · AA
- 2021-10-07➖AKERS-DOUGLAS, Dominic Lovett resigneddirector
- 2021-10-07➕BIRD, James appointeddirector
- 2021-10-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-01-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-01-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-01-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-01-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-01-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-01-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-01-05🔒Charge registered #5Lender: Lloyds Bank PLC as Trustee for the Secured Parties
- 2021-01-05🔓Charge satisfied #4
- 2021-01-05🔓Charge satisfied #3
- 2021-01-05🔓Charge satisfied #2
- 2021-01-05🔓Charge satisfied #1
- 2018-11-26🔒Charge registered #4Lender: Close Leasing Limited
- 2017-12-18🔒Charge registered #3Lender: Close Leasing Limited and Its Permitted Successors in Title, Assignees and Transferees
- 2016-05-18🔒Charge registered #2Lender: Close Leasing Limited Permitted Successors in Title, Assignees and Transferees
- 2016-03-15🔒Charge registered #1Lender: Close Leasing Limited and Its Permitted Successors in Title, Assignees and Transferees
- 2016-02-01➖PRESCOT, Nigel Kenrick Grosvenor resigneddirector
- 2016-01-20➕HUTT, Bruce John Alexander appointeddirector
- 2015-11-24➖ANDREWS, Luke resignedsecretary
- 2015-08-18🏢Company incorporatedAs CWE X LIMITED
- 2015-08-18➕ANDREWS, Luke appointedsecretary
- 2015-08-18➕AKERS-DOUGLAS, Dominic Lovett appointeddirector
- 2015-08-18➕PRESCOT, Nigel Kenrick Grosvenor appointeddirector
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
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
Cwe B Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Cwe B Limited
Corporate parent · holds 75-100% shares · board control
⬇
CWE X LIMITED
This company · 09738151
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 |
|---|---|---|---|---|
Cwe B Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/01/2021 |
1 historic (ceased) PSC
- Constantine Wind Energy Limitedceased 05/01/2021· 75-100% shares · 75-100% voting · board control
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 · GU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AIRSOURCE CLIMATE LTD→ 12709691 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BRUNICON LTD→ 15377667 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CWE BELHUS LIMITED→ 09942342 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| CWE WUK LIMITED→ 07626749 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| DA&AB LIMITED→ 16639141 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DRAINAGE AND MAINTENANCE UK LTD→ 14770184 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ECO FRIENDLY RECYCLING LTD→ 15519673 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ECO-COMPLY LIMITED→ 05855999 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| EDINAMPLE ENERGY LIMITED→ 09868022 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| EH NEE LTD→ 16184937 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| EKON SMART SYSTEMS LIMITED→ 08176041 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ELECTRICAL AND PUMP SERVICES LTD→ 07522664 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated2015-08-18
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
First Floor, River Court The Old Mill Office Complex
Mill Lane
Godalming
Surrey
GU7 1EZ
United Kingdom
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17
Officers (3 active · 5 resigned)
FRENCH, Timothy Paul→
Activedirector · ~43y · appointed 2022-11-16
View their other companies + combined net worth →
HUBBARD, Matthew Richard→
Activedirector · ~39y · appointed 2026-02-19
View their other companies + combined net worth →
MYERS, Sarah Jane Louise→
Activedirector · ~56y · appointed 2023-03-20
View their other companies + combined net worth →
ANDREWS, Luke→
Resignedsecretary · appointed 2015-08-18 · resigned 2015-11-24
AKERS-DOUGLAS, Dominic Lovett→
Resigneddirector · ~47y · appointed 2015-08-18 · resigned 2021-10-07
BIRD, James→
Resigneddirector · ~41y · appointed 2021-10-07 · resigned 2022-09-08
HUTT, Bruce John Alexander→
Resigneddirector · ~61y · appointed 2016-01-20 · resigned 2025-12-31
PRESCOT, Nigel Kenrick Grosvenor→
Resigneddirector · ~64y · appointed 2015-08-18 · resigned 2016-02-01
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC as Trustee for the Secured Parties | A registered charge | — | 05/01/2021 | — | |
| satisfied | Close Leasing Close Leasing Limited | A registered charge | 1 property | 26/11/2018 | 05/01/2021 | |
| satisfied | Close Leasing and Its Permitted Successors in Title, Assignees and Transferees Close Leasing Limited and Its Permitted Successors in Title, Assignees and Transferees | A registered charge | — | 18/12/2017 | 05/01/2021 | |
| satisfied | Close Leasing Permitted Successors in Title, Assignees and Transferees Close Leasing Limited Permitted Successors in Title, Assignees and Transferees | A registered charge | 1 property | 18/05/2016 | 05/01/2021 | |
| satisfied | Close Leasing and Its Permitted Successors in Title, Assignees and Transferees Close Leasing Limited and Its Permitted Successors in Title, Assignees and Transferees | A registered charge | — | 15/03/2016 | 05/01/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (53 total)
accounts-with-accounts-type-full
accounts · AA
2026-07-06
appoint-person-director-company-with-name-date
officers · AP01
2026-02-19
termination-director-company-with-name-termination-date
officers · TM01
2026-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-full
accounts · AA
2025-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-19
accounts-with-accounts-type-full
accounts · AA
2024-07-07
accounts-with-accounts-type-full
accounts · AA
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
appoint-person-director-company-with-name-date
officers · AP01
2023-03-20
appoint-person-director-company-with-name-date
officers · AP01
2022-11-16
accounts-with-accounts-type-full
accounts · AA
2022-09-13
termination-director-company-with-name-termination-date
officers · TM01
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-23
accounts-with-accounts-type-full
accounts · AA
2021-12-20