ALFANAR ENERGY LIMITED
🏛️Establishedactive
11520080 · ltd · incorporated 2018-08-15
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-651.0k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
- 35120SIC 35120
- 35130SIC 35130
- 42220SIC 42220
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 4 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £650,959
Key financials
2 years extracted from filed iXBRL accountsCash
£1.5m
Net Worth
-£651k
Current Assets
£63m
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-651.0k | — |
| Current assets | £63.14M | — |
| Cash | £1.54M | — |
| Debtors | £29.68M | — |
| Net assets | £-651.0k | — |
| Average employees | — | 1400 |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-10-06📄accounts-with-accounts-type-smallaccounts · AA
- 2025-08-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-22📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-11📄second-filing-notification-of-a-person-with-significant-controlpersons-with-significant-control · RP04PSC01
- 2025-05-22📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2024-11-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-10-24📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2024-10-15📄accounts-with-accounts-type-smallaccounts · AA
- 2024-08-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-10📄accounts-with-accounts-type-smallaccounts · AA
- 2022-10-28📄accounts-with-accounts-type-smallaccounts · AA
- 2022-08-18📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2022-08-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-07-27📄accounts-with-accounts-type-smallaccounts · AA
- 2021-04-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-08-15🏢Company incorporatedAs ALFANAR ENERGY LIMITED
- 2018-08-15➕ALMUTLAQ, Mishal Sabah M appointeddirector
- 2018-08-15➕WADI, Jamal appointeddirector
Owner dependency
78/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Sabah Mohammed Almutlaq Individual · Saudi Arabian · DOB 07/1951 · age 75 | — | — | sig. influencesignificant influence | 15/08/2018 |
Abdulsalam Mohammed Almutlaq Individual · Saudi Arabian · DOB 05/1947 · age 79 | — | — | sig. influencesignificant influence | 15/08/2018 |
1 historic (ceased) PSC
- Al Fanar Company (Limited Liability Co.)ceased 15/08/2018· 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 · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AP1 W2E LTD→ 16663712 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APE ALLEN LTD→ 15950397 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APPIN WIND FARM LIMITED→ 12672772 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AQUA FLOW DRAINAGE LTD→ 16776551 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AQUACITY NAV LTD→ 16068815 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARBROATH LIMITED→ 12142520 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARDOMESTIC AND COMMERICAL CLEARANCES LTD→ 17068589 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARENKO PINEAU LIMITED→ 10958858 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARENKO SUNTZU LTD→ 09900937 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ARL 018 LIMITED→ 11271753 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ARL 021 LIMITED→ 11448072 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARLESTON SOLAR LIMITED→ 15666094 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2018-08-15
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
1-6 Lombard Street
London
EC3V 9AA
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14
Officers (2 active · 0 resigned)
ALMUTLAQ, Mishal Sabah M→
Activedirector · ~38y · appointed 2018-08-15
View their other companies + combined net worth →
Active
Click a director name to see their full track record across all companies.
Recent filings (33 total)
accounts-with-accounts-type-small
accounts · AA
2025-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-28
change-person-director-company-with-change-date
officers · CH01
2025-08-27
change-person-director-company-with-change-date
officers · CH01
2025-08-22
change-person-director-company-with-change-date
officers · CH01
2025-07-02
change-person-director-company-with-change-date
officers · CH01
2025-06-20
second-filing-notification-of-a-person-with-significant-control
persons-with-significant-control · RP04PSC01
2025-06-11
change-sail-address-company-with-old-address-new-address
address · AD02
2025-05-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-25
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-10-24
accounts-with-accounts-type-small
accounts · AA
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-29