MANGA ENERGY LIMITED

⚰️Wound downliquidation
10420496 · ltd · incorporated 2016-10-11
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£9.4k
book net assets
Opportunity
47/100
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What this business does
Primary activity: SIC 35140
Sector: Electricity, gas & energy
Investor take
Special-situation opportunity
Distressed energy with salvageable qualities — special-situations priority.

Opportunity 47/100 (watch), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Company in liquidation. Company is actively being wound up. Not a going concern. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
47/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
5
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £9,433
Net assets shrinking
Down £2,254 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£9k
↓ 19% YoY
Current Assets
£85k
↓ 10% YoY
Current Liabilities
£0£19k£38k£57k£75k£94kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£29.6k£21.0k
Current assets£84.6k£94.3k
Net assets£9.4k£11.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
4
filings
  • 2 insolvency
  • 1 resolution
  • 1 address
Last 180 days
5
filings
  • 2 insolvency
  • 1 resolution
  • 1 address
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-29
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  2. 2026-04-29
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  3. 2026-04-29
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2026-04-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2026-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-09-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-12-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-12-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-09-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-08-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2022-08-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-08-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2022-08-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-11-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-09-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-08-26
    SMITH, Mandy Elizabeth resigned
    director
  19. 2021-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2018-03-01
    SMITH, Gary appointed
    director
  22. 2016-10-11
    🏢
    Company incorporated
    As MANGA ENERGY LIMITED
  23. 2016-10-11
    SMITH, Mandy Elizabeth appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 high ·
Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-04-29: liquidation-voluntary-appointment-of-liquidator; 2026-04-29: liquidation-voluntary-statement-of-affairs

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Gary Smith
Individual · British · DOB 10/1965 · age 61
75100%
75-100% shares17/08/2022
1 historic (ceased) PSC
  • Mrs Mandy Elizabeth Smithceased 26/08/2021· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusliquidation
Typeltd
Incorporated2016-10-11
Jurisdictionengland-wales
Primary SIC35140 — SIC 35140

Registered office

11 Clifton Moor Business Village
James Nicolson Link
Clifton Moor
York
YO30 4XG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-21
Last: 2025-10-07

Officers (1 active · 1 resigned)

SMITH, Gary
director · ~61y · appointed 2018-03-01
View their other companies + combined net worth →
Active
SMITH, Mandy Elizabeth
director · ~62y · appointed 2016-10-11 · resigned 2021-08-26
Resigned

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

Recent filings (37 total)

liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-04-29
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2026-04-29
resolution
resolution · RESOLUTIONS
2026-04-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-26
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2022-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-29
gazette-notice-compulsory
gazette · GAZ1
2022-12-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-09