TEES ECO ENERGY LTD

💤Zombieactive
10189741 · ltd · incorporated 2016-05-19
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 Sept 2024
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Activities of venture and development capital companies
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
7 officers (1 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30

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 (35 events)Click to expand
  1. 2025-02-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2024-12-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-10-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-08-21
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  6. 2024-08-21
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  7. 2024-08-21
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  8. 2024-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-09-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-07-07
    ROMANIN, Stefano resigned
    director
  13. 2022-07-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2021-11-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2021-10-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2021-10-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2021-10-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-10-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2021-10-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2021-10-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2021-10-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2021-10-13
    VISTRA COSEC LIMITED resigned
    corporate-secretary
  23. 2021-09-30
    CONWAY, Peter James appointed
    director
  24. 2021-09-30
    GRUMSTRUP SORENSEN, Christina resigned
    director
  25. 2021-09-30
    ROMANIN, Stefano appointed
    director
  26. 2021-09-30
    TOFTGAARD, Soren resigned
    director
  27. 2021-09-12
    📄
    accounts-with-accounts-type-full
    accounts · AA
  28. 2018-07-05
    VISTRA COSEC LIMITED appointed
    corporate-secretary
  29. 2018-07-05
    CONWAY, Peter James resigned
    director
  30. 2018-07-05
    DICKINSON, Alexander James resigned
    director
  31. 2018-07-05
    GRUMSTRUP SORENSEN, Christina appointed
    director
  32. 2018-07-05
    TOFTGAARD, Soren appointed
    director
  33. 2016-05-19
    🏢
    Company incorporated
    As TEES ECO ENERGY LTD
  34. 2016-05-19
    CONWAY, Peter James appointed
    director
  35. 2016-05-19
    DICKINSON, Alexander James appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-01

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Stefano Romanin
Individual · Italian · DOB 10/1980 · age 46
5075%
50-75% shares30/09/2021
2 historic (ceased) PSCs
  • Ci Iii Tees Efw Limitedceased 30/09/2021· 75-100% shares
  • Mr Stefano Romaninceased 05/07/2018· 50-75% 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 →

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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
Incorporated2016-05-19
Jurisdictionengland-wales
Primary SIC64303 — Activities of venture and development capital companies

Registered office

85 Great Portland Street
First Floor
London
W1W 7LT

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-06-01OVERDUE
Last: 2025-05-18

Officers (1 active · 6 resigned)

CONWAY, Peter James
director · ~57y · appointed 2021-09-30
View their other companies + combined net worth →
Active
VISTRA COSEC LIMITED
corporate-secretary · appointed 2018-07-05 · resigned 2021-10-13
Resigned
CONWAY, Peter James
director · ~57y · appointed 2016-05-19 · resigned 2018-07-05
Resigned
DICKINSON, Alexander James
director · ~67y · appointed 2016-05-19 · resigned 2018-07-05
Resigned
GRUMSTRUP SORENSEN, Christina
director · ~54y · appointed 2018-07-05 · resigned 2021-09-30
Resigned
ROMANIN, Stefano
director · ~46y · appointed 2021-09-30 · resigned 2022-07-07
Resigned
TOFTGAARD, Soren
director · ~50y · appointed 2018-07-05 · resigned 2021-09-30
Resigned

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

Recent filings (52 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-12
gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-03
gazette-notice-compulsory
gazette · GAZ1
2024-10-08
default-companies-house-service-address-applied-psc
address · RP10
2024-08-21
default-companies-house-service-address-applied-officer
address · RP09
2024-08-21
default-companies-house-registered-office-address-applied
address · RP05
2024-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
termination-director-company-with-name-termination-date
officers · TM01
2022-07-07