C2 ENERGY LIMITED

🌳Matureactive

NI062032 · ltd · incorporated 2006-12-04

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Feb 2025

Net worth

£210.5k

book net assets

Opportunity

81/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 46740

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (80/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

7 officers (3 active, 7 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

8 connected companies via shared directors

Filing history

62 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £210,489

Net assets shrinking

Down £8,651 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£210k

↓ 3.9% YoY

Current Assets

£235k

↓ 4.7% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-28
Total assets	£210.5k	£219.1k
Current assets	£234.5k	£246.1k
Net assets	£210.5k	£219.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2026-03-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-27
📄
resolution
resolution · RESOLUTIONS
2022-10-27
📄
memorandum-articles
incorporation · MA
2022-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-11-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-01-06
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-01-20
➕
CAMPBELL, John appointed
secretary
2011-01-20
➖
CAMPBELL, Gary resigned
secretary
2011-01-20
➖
CAMPBELL, Gary resigned
director
2010-06-01
➕
CASSIDY, Terence appointed
director
2007-01-24
➕
CAMPBELL, John Michael Joseph appointed
director
2007-01-24
➕
CAMPBELL, Gary appointed
secretary
2007-01-24
➖
C.S. SECRETARIAL SERVICES LTD resigned
corporate-secretary
2007-01-24
➕
CAMPBELL, Gary appointed
director
2007-01-24
➖
CS DIRECTOR SERVICES LIMITED resigned
corporate-director
2006-12-04
🏢
Company incorporated
As C2 ENERGY LIMITED
2006-12-04
➕
C.S. SECRETARIAL SERVICES LTD appointed
corporate-secretary
2006-12-04
➕
CS DIRECTOR SERVICES LIMITED appointed
corporate-director

Owner dependency

76/100

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.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

69/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

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.
secondary12+ year tenure: Director in role 19 years.
secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

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

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Terence Cassidy Individual · Irish · DOB 08/1971 · age 55	25–50%	—	25-50% shares	04/12/2016

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 · Wholesale & distribution · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CTEC (NI) LIMITED→ NI055929 · est 2005	£17.92M £13.44M–£22.40M	£21.25M	—	1300	20y	87	66y
R. THOMPSON & SON (ARMAGH) LIMITED→ NI007069 · est 1967	£9.87M £7.40M–£12.34M	—	—	55	58y	87	89y
TAILORED IMAGE LTD→ NI034580 · est 1998	£5.64M £4.23M–£7.05M	£20.80M	—	11400	27y	93	63y
W.A.C. MCCANDLESS (ENGINEERS) LIMITED→ NI005177 · est 1962	£5.13M £3.85M–£6.42M	—	—	30	64y	88	68y
FORESTWOOD AGENCIES LIMITED→ NI029479 · est 1995	£4.47M £3.35M–£5.59M	—	—	1400	31y	87	62y
TAYLORS (FYFIN) LIMITED→ NI012103 · est 1977	£3.11M £2.33M–£3.89M	—	—	21	48y	87	72y
ERWIN AGRI-CARE LIMITED→ NI605964 · est 2011	£2.00M £1.50M–£2.50M	—	—	3700	15y	87	66y
IAN A KERNOHAN (NI) LIMITED→ NI019120 · est 1986	£370.7k £278.0k–£463.4k	£12.44M	—	3500	40y	93	69y
VANDEN RECYCLING LIMITED→ NI611544 · est 2012	£75.8k £56.8k–£94.7k	—	—	59	14y	89	49y
GORTRUSH TRADING LIMITED→ NI602780 · est 2010	£35.3k £26.5k–£44.2k	—	—	0	16y	95	59y
HANNAN MEATS LIMITED→ NI022775 · est 1989	—	—	—	2800	36y	87	66y
YANGKAILI LTD→ NI717560 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2006-12-04

Jurisdictionnorthern-ireland

Primary SIC46740 — SIC 46740

Registered office

101 Osborne Drive

Belfast

BT9 6LG

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2026-12-18

Last: 2025-12-04

Officers (3 active · 4 resigned)

CAMPBELL, John→

secretary · appointed 2011-01-20

View their other companies + combined net worth →

Active

CAMPBELL, John Michael Joseph→

director · ~59y · appointed 2007-01-24

View their other companies + combined net worth →

Active

CASSIDY, Terence→

director · ~55y · appointed 2010-06-01

View their other companies + combined net worth →

Active

CAMPBELL, Gary→

secretary · appointed 2007-01-24 · resigned 2011-01-20

Resigned

C.S. SECRETARIAL SERVICES LTD→

corporate-secretary · appointed 2006-12-04 · resigned 2007-01-24

Resigned

CAMPBELL, Gary→

director · ~55y · appointed 2007-01-24 · resigned 2011-01-20

Resigned

CS DIRECTOR SERVICES LIMITED→

corporate-director · appointed 2006-12-04 · resigned 2007-01-24

Resigned

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

Recent filings (62 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2026-03-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-12-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-18

accounts-with-accounts-type-micro-entity

accounts · AA

2024-11-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-18

accounts-with-accounts-type-micro-entity

accounts · AA

2023-11-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-12-19

accounts-with-accounts-type-micro-entity

accounts · AA

2022-11-30

resolution

resolution · RESOLUTIONS

2022-10-27

memorandum-articles

incorporation · MA

2022-10-27

accounts-with-accounts-type-micro-entity

accounts · AA

2022-02-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-12-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-12-21

accounts-with-accounts-type-micro-entity

accounts · AA

2020-10-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2019-12-18