GRIFFIN ENERGY LIMITED
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · oldest 10.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £112.2k | £158.5k |
| Current assets | £26.8k | £58.3k |
| Net assets | £62 | £26.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (25 events)Click to expand
- 2025-08-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-31➕SCRIMSHAW, Ian George appointeddirector
- 2021-01-31➖LIVINGSTONE SMITH, Rhoda Anne resigneddirector
- 2020-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-08-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-08-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-08-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-03-01➕LIVINGSTONE SMITH, Rhoda Anne appointeddirector
- 2020-03-01➖SCRIMSHAW, Ian George resigneddirector
- 2019-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-05-06🔒Charge registered #2Lender: Funding Knight Services Limited
- 2016-05-06🔒Charge registered #1Lender: Funding Knight Services Limited
- 2015-09-24🏢Company incorporatedAs GRIFFIN ENERGY LIMITED
- 2015-09-24➕SCRIMSHAW, Ian George appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian George Scrimshaw Individual · British · DOB 03/1958 · age 68 | 75–100% | — | 75-100% shares | 31/01/2021 |
2 historic (ceased) PSCs
- Mrs Rhoda Anne Livingstone Smithceased 31/01/2021· significant influence
- Mr Ian George Scrimshawceased 01/03/2020· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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| ANDANIA CIVIL ENGINEERING SERVICES LTD.→ 04231135 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
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| GROUND FLOOR→ 01867571 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
8 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 →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
Registered office
Filing status
Officers (1 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Funding Knight Services Funding Knight Services Limited | A registered charge | 1 property | 06/05/2016 | — | |
| outstanding | Funding Knight Services Funding Knight Services Limited | A registered charge | — | 06/05/2016 | — |