GRIFFIN ENERGY LIMITED

💤Zombieactive
09794212 · ltd · incorporated 2015-09-24
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£62
book net assets
Opportunity
79/100
Strong
🔔
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: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

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

45/100
under pressure

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.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £62
Net assets shrinking
Down £26,554 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£62
↓ 100% YoY
Current Assets
£27k
↓ 54% YoY
Current Liabilities
£0£12k£23k£35k£47k£58kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-29
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.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-11-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2021-10-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2021-10-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2021-10-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-01-31
    SCRIMSHAW, Ian George appointed
    director
  12. 2021-01-31
    LIVINGSTONE SMITH, Rhoda Anne resigned
    director
  13. 2020-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-08-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-08-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2020-08-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2020-08-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2020-03-01
    LIVINGSTONE SMITH, Rhoda Anne appointed
    director
  19. 2020-03-01
    SCRIMSHAW, Ian George resigned
    director
  20. 2019-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2016-05-06
    🔒
    Charge registered #2
    Lender: Funding Knight Services Limited
  23. 2016-05-06
    🔒
    Charge registered #1
    Lender: Funding Knight Services Limited
  24. 2015-09-24
    🏢
    Company incorporated
    As GRIFFIN ENERGY LIMITED
  25. 2015-09-24
    SCRIMSHAW, Ian George appointed
    director

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +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

65/100
Strong succession signal

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

SIGNALS
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ian George Scrimshaw
Individual · British · DOB 03/1958 · age 68
75100%
75-100% shares31/01/2021
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.

🔒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 · HX postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ANDANIA CIVIL ENGINEERING SERVICES LTD.
04231135 · est 2001 · no financials extracted
24y
AVA RECYCLING LTD
11156822 · est 2018 · no financials extracted
8y
CLEANMET LIMITED
00787531 · est 1964 · no financials extracted
62y
DOODSON ELECTRICAL LIMITED
10910963 · est 2017 · no financials extracted
8y
EARTHWORKS GRAB & HAULAGE LTD
16769506 · est 2025 · no financials extracted
EFFECTIVE COOLING LTD
12197976 · est 2019 · no financials extracted
6y
ELLETE WASTE LTD
15158895 · est 2023 · no financials extracted
2y
ENERGYCLOUD SOCIAL ENTERPRISE CIC
16387434 · est 2025 · no financials extracted
1y
EVY BROKERS LIMITED
15681561 · est 2024 · no financials extracted
1y
FLOWPRO DRAINAGE LIMITED
15116460 · est 2023 · no financials extracted
2y
GEKKO WASTE MANAGEMENT LTD
14433484 · est 2022 · no financials extracted
3y
GROUND FLOOR
01867571 · est 1984 · no financials extracted
41y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2015-09-24
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110

Registered office

Laverock Hall Farm
Soil Hill
Halifax
HX2 9NT
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-10-07
Last: 2025-09-23

Officers (1 active · 2 resigned)

SCRIMSHAW, Ian George
director · ~68y · appointed 2021-01-31
View their other companies + combined net worth →
Active
LIVINGSTONE SMITH, Rhoda Anne
director · ~68y · appointed 2020-03-01 · resigned 2021-01-31
Resigned
SCRIMSHAW, Ian George
director · ~68y · appointed 2015-09-24 · resigned 2020-03-01
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Funding Knight Services
Funding Knight Services Limited
A registered charge1 property06/05/2016
outstanding
Funding Knight Services
Funding Knight Services Limited
A registered charge06/05/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-06
appoint-person-director-company-with-name-date
officers · AP01
2021-10-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-10-05
termination-director-company-with-name-termination-date
officers · TM01
2021-10-05