BULLEN POWER LIMITED

🌿Early-stageactive
14828753 · ltd · incorporated 2023-04-26
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
11 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
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Average employees200100

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
1
filing
  • 1 accounts
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-05-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-08-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-05-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2024-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-09-16
    MANN, Gary David appointed
    director
  6. 2024-09-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-04-28
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  8. 2023-04-28
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  9. 2023-04-26
    🏢
    Company incorporated
    As BULLEN POWER LIMITED
  10. 2023-04-26
    GIBBINS, Jonathan Martin appointed
    secretary
  11. 2023-04-26
    HANDLEY HOWORTH, Nigel Charles appointed
    director
  12. 2023-04-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Bullen Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bullen Group Ltd
Corporate parent · holds 75-100% shares
ultimate parent
BULLEN POWER LIMITED
This company · 14828753

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Bullen Group Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting26/04/2023

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

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
Incorporated2023-04-26
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110

Registered office

Lowlands Costessey Lane
Drayton
Norwich
NR8 6HA
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-05-09
Last: 2026-04-25

Officers (3 active · 0 resigned)

GIBBINS, Jonathan Martin
secretary · appointed 2023-04-26
View their other companies + combined net worth →
Active
HANDLEY HOWORTH, Nigel Charles
director · ~59y · appointed 2023-04-26
View their other companies + combined net worth →
Active
MANN, Gary David
director · ~41y · appointed 2024-09-16
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
accounts-with-accounts-type-dormant
accounts · AA
2025-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-02
accounts-with-accounts-type-dormant
accounts · AA
2024-09-30
appoint-person-director-company-with-name-date
officers · AP01
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
change-account-reference-date-company-current-shortened
accounts · AA01
2023-04-28
appoint-person-secretary-company-with-name-date
officers · AP03
2023-04-28
incorporation-company
incorporation · NEWINC
2023-04-26