BLUESTONE ENERGY LTD
Opportunity 76/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
7 live charges · 6 lenders · oldest 6.7y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 6.7 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Average employees | 1800 | 1400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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
- • 1 mortgage
- • 2 mortgage
- • 3 mortgage
- • 1 confirmation-statement
Corporate timeline (49 events)Click to expand
- 2026-05-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-06🔒Charge registered #7Lender: Nucleus Cash Flow FINANCE6 Limited
- 2026-04-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-18🔓Charge satisfied #6
- 2025-12-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-27🔒Charge registered #6Lender: Crumlin Capital Limited
- 2025-08-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-09➕WHITE, Freddy appointeddirector
- 2025-05-09➖MACPHERSON, Andrew John resigneddirector
- 2025-05-09➖ROBERTSON, David Alan resigneddirector
- 2025-05-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-19🔓Charge satisfied #3
- 2024-07-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-26🔒Charge registered #5Lender: Agp Sustainable Real Assets Limited
- 2024-07-26🔒Charge registered #4Lender: Agp Sustainable Real Assets Limited
- 2024-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-28🔒Charge registered #3Lender: Ampyr Idea Assetco UK LTD
- 2024-02-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-02-27📄gazette-notice-compulsorygazette · GAZ1
- 2024-02-26📄capital-allotment-sharescapital · SH01
- 2023-08-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-31🔓Charge satisfied #2
- 2023-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-01📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-01-31📄gazette-notice-compulsorygazette · GAZ1
- 2021-11-16🔒Charge registered #2Lender: Emc Finance LTD
- 2021-05-31➕WHITE, Joseph Patrick appointeddirector
- 2021-05-31➖JONES, Nigel resigneddirector
- 2021-02-17➕MACPHERSON, Andrew John appointeddirector
- 2020-05-07🔓Charge satisfied #1
- 2019-10-15➕ROBERTSON, David Alan appointeddirector
- 2019-09-24🔒Charge registered #1Lender: Castle Property Group Limited
- 2019-08-15➖ROBERTSON, David Alan resigneddirector
- 2019-06-01➕JONES, Nigel appointeddirector
- 2019-06-01➕ROBERTSON, David Alan appointeddirector
- 2019-03-22➕WHITE, Susan Ann appointeddirector
- 2019-03-22➖WHITE, Joseph Patrick resigneddirector
- 2019-03-15➖JOSE, Lee Edward resigneddirector
- 2018-11-13🏢Company incorporatedAs BLUESTONE ENERGY LTD
- 2018-11-13➕JOSE, Lee Edward appointeddirector
- 2018-11-13➕WHITE, Joseph Patrick appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
No meaningful acquirability indicators from public data.
- primaryFamily succession underway: Not a takeover target — WHITE, Freddy (same surname) appointed 2025-05-09. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Susan Ann White Individual · British · DOB 03/1956 · age 70 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 22/03/2019 |
Mr David Alan Robertson Individual · British · DOB 03/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 08/10/2019 |
3 historic (ceased) PSCs
- Mr Nigel Jonesceased 06/05/2022· 25-50% shares · 25-50% voting · board control
- Mr Joseph Patrick Whiteceased 22/03/2019· 75-100% shares · 75-100% voting · board control
- Mr Lee Edward Joseceased 15/03/2019· 50-75% shares · 50-75% voting · board control
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.
See pricing →Similar companies
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9 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 (3 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Nucleus Cash Flow FINANCE6 Nucleus Cash Flow FINANCE6 Limited | A registered charge | — | 06/05/2026 | — | |
| satisfied | Crumlin Capital Crumlin Capital Limited | A registered charge | — | 27/11/2025 | 18/04/2026 | |
| outstanding | Agp Sustainable Real Assets Agp Sustainable Real Assets Limited | A registered charge | — | 26/07/2024 | — | |
| outstanding | Agp Sustainable Real Assets Agp Sustainable Real Assets Limited | A registered charge | — | 26/07/2024 | — | |
| satisfied | Ampyr Idea Assetco UK Ampyr Idea Assetco UK LTD | A registered charge | — | 28/03/2024 | 19/02/2025 | |
| satisfied | Emc Finance Emc Finance LTD | A registered charge | — | 16/11/2021 | 31/08/2023 | |
| satisfied | Castle Property Group Castle Property Group Limited | A registered charge | — | 24/09/2019 | 07/05/2020 |