CINDRIGO GEOTHERMAL LIMITED
💤Zombieactive
14015306 · ltd · incorporated 2022-03-31
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 Dec 2024
Net worth
£1
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueAsset-holding vehicle with a 69-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 69). 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).
Data confidence
Overall: medium (69/100)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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£1
~ YoY
Current Assets
—
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 | £1 | £454.5k |
| Debtors | £1 | £4.4k |
| Net assets | £1 | £1 |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-09-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-15📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-21📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-04-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-31📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-25➖OXLEY, Jordan Alexander resigneddirector
- 2023-05-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-03📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-04-28➕TAYLOR, Richard Mark appointedsecretary
- 2022-04-28➕GULDSTRAND, Lars Ingvar appointeddirector
- 2022-04-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-12➕OXLEY, Jordan Alexander appointeddirector
- 2022-04-12➖PATEL, Mustaq Alli resigneddirector
- 2022-04-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-31🏢Company incorporatedAs CINDRIGO GEOTHERMAL LIMITED
- 2022-03-31➕PATEL, Mustaq Alli appointeddirector
- 2022-03-31📄incorporation-companyincorporation · NEWINC
Owner dependency
90/100
Critical — business is the founderThe 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 69 — succession pressure is live.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
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|---|---|---|---|---|---|---|---|
| BATTERY ASSET MANAGEMENT LIMITED→ 12115914 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BERDEN SOLAR LIMITED→ 10915418 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BIG POWER LTD→ 14514648 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CAPBAL (BRACO) LIMITED→ 13910927 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CAPPAGH LINING SOLUTIONS LIMITED→ 14139863 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CAYTHORPE STORAGE LIMITED→ 14631093 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CHALTON MANOR SOLAR FARM LIMITED→ 12293011 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CHICKERELL STORAGE 2 LIMITED→ 14934106 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CHICKERELL STORAGE LIMITED→ 11505358 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CHIRMORIE WIND FARM LIMITED→ 09171934 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CITY FLOW DRAINAGE LIMITED→ 14795061 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CITY HEAT GAS SERVICES LIMITED→ 08346010 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2022-03-31
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
104 Napier Court Ranelagh Gardens
London
SW6 3XA
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-13
Last: 2026-03-30
Officers (2 active · 2 resigned)
TAYLOR, Richard Mark→
Activesecretary · appointed 2022-04-28
View their other companies + combined net worth →
GULDSTRAND, Lars Ingvar→
Activedirector · ~69y · appointed 2022-04-28
View their other companies + combined net worth →
OXLEY, Jordan Alexander→
Resigneddirector · ~53y · appointed 2022-04-12 · resigned 2024-03-25
PATEL, Mustaq Alli→
Resigneddirector · ~54y · appointed 2022-03-31 · resigned 2022-04-12
Click a director name to see their full track record across all companies.
Recent filings (15 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-30
accounts-with-accounts-type-full
accounts · AA
2024-10-15
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-12
termination-director-company-with-name-termination-date
officers · TM01
2024-04-12
accounts-with-accounts-type-full
accounts · AA
2024-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19
appoint-person-secretary-company-with-name-date
officers · AP03
2022-05-03
appoint-person-director-company-with-name-date
officers · AP01
2022-04-28
termination-director-company-with-name-termination-date
officers · TM01
2022-04-12
appoint-person-director-company-with-name-date
officers · AP01
2022-04-12
incorporation-company
incorporation · NEWINC
2022-03-31