BUTE ENERGY CONSTRUCTION HOLDINGS LIMITED

🌱Startupactive
16369830 · ltd · incorporated 2025-04-07
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
  • 35120SIC 35120
  • 35130SIC 35130
  • 35140SIC 35140
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (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: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 1.0y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 1.0 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 23/100 — clean.

Data confidence

Overall: medium (61/100)

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

Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • 1 accounts
  • 1 address
Last 90 days
4
filings
  • 2 address
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
6
filings
  • 2 address
  • 2 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-05-12
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2026-05-11
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  3. 2026-05-06
    📍
    change-sail-address-company-with-new-address
    address · AD02
  4. 2025-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-12-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-12-01
    CHOWN, Martin John appointed
    director
  7. 2025-12-01
    HASTINGS, Derek Nicholas resigned
    director
  8. 2025-08-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-08-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-08-01
    GEORGE, Stuart Allan resigned
    director
  11. 2025-08-01
    HASTINGS, Derek Nicholas appointed
    director
  12. 2025-06-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-06-13
    HAMILL, Gareth Lee resigned
    director
  14. 2025-06-09
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2025-06-09
    📄
    memorandum-articles
    incorporation · MA
  16. 2025-06-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2025-06-02
    🔒
    Charge registered #1
    Lender: Ci V Dragon Lender LTD
  18. 2025-04-07
    🏢
    Company incorporated
    As BUTE ENERGY CONSTRUCTION HOLDINGS LIMITED
  19. 2025-04-07
    REED SMITH CORPORATE SERVICES LIMITED appointed
    corporate-secretary
  20. 2025-04-07
    MILLICAN, Oliver James appointed
    director
  21. 2025-04-07
    GEORGE, Stuart Allan appointed
    director
  22. 2025-04-07
    HAMILL, Gareth Lee appointed
    director
  23. 2025-04-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 1.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med · 1 low
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GEORGE, Stuart Allan resigned 2025-08-01; HAMILL, Gareth Lee resigned 2025-06-13; HASTINGS, Derek Nicholas resigned 2025-12-01

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Bute Energy Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bute Energy Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BUTE ENERGY CONSTRUCTION HOLDINGS LIMITED
This company · 16369830

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
Bute Energy Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/04/2025

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
Incorporated2025-04-07
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110

Registered office

Hodge House
Guildhall Place
Cardiff
CF10 1DY
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to:
Confirmation statement
Next due: 2027-04-20
Last: 2026-04-06

Officers (3 active · 3 resigned)

REED SMITH CORPORATE SERVICES LIMITED
corporate-secretary · appointed 2025-04-07
View their other companies + combined net worth →
Active
CHOWN, Martin John
director · ~55y · appointed 2025-12-01
View their other companies + combined net worth →
Active
MILLICAN, Oliver James
director · ~45y · appointed 2025-04-07
View their other companies + combined net worth →
Active
GEORGE, Stuart Allan
director · ~39y · appointed 2025-04-07 · resigned 2025-08-01
Resigned
HAMILL, Gareth Lee
director · ~48y · appointed 2025-04-07 · resigned 2025-06-13
Resigned
HASTINGS, Derek Nicholas
director · ~55y · appointed 2025-08-01 · resigned 2025-12-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Ci V Dragon Lender
Ci V Dragon Lender LTD
A registered charge1 property02/06/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (13 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-05-12
move-registers-to-sail-company-with-new-address
address · AD03
2026-05-11
change-sail-address-company-with-new-address
address · AD02
2026-05-06
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-07
termination-director-company-with-name-termination-date
officers · TM01
2025-12-12
appoint-person-director-company-with-name-date
officers · AP01
2025-12-12
appoint-person-director-company-with-name-date
officers · AP01
2025-08-08
termination-director-company-with-name-termination-date
officers · TM01
2025-08-06
termination-director-company-with-name-termination-date
officers · TM01
2025-06-23
resolution
resolution · RESOLUTIONS
2025-06-09
memorandum-articles
incorporation · MA
2025-06-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-02
incorporation-company
incorporation · NEWINC
2025-04-07