DURHAM STREET ENERGY LIMITED

🌿Early-stageactive
NI716382 · ltd · incorporated 2024-05-29
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 May 2025
Net worth
£100
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Activities of open-ended investment companies
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle 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 (73/100).

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
12 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £100

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£100
Current Assets
£244k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-31
Current assets£243.9k
Net assets£100

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-10-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-09-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-05-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-05-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2025-05-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-05-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-05-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-05-07
    BEST, Simon John appointed
    director
  10. 2025-05-07
    SHAW, Adrian appointed
    director
  11. 2025-05-07
    GIBBONS, James resigned
    director
  12. 2025-05-07
    PERRY, Kristofer resigned
    director
  13. 2025-04-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2025-04-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2024-05-29
    🏢
    Company incorporated
    As DURHAM STREET ENERGY LIMITED
  16. 2024-05-29
    GIBBONS, James appointed
    director
  17. 2024-05-29
    PERRY, Kristofer appointed
    director
  18. 2024-05-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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 60 — approaching natural succession window.
  • +Young company: Only 2.0 years old — management layer unlikely to be developed.

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 60. 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

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

🏛️
Enermass Limited
Corporate parent · holds 75-100% shares
ultimate parent
DURHAM STREET ENERGY LIMITED
This company · NI716382

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
Enermass Limited
Corporate entity
75100%
75-100% shares07/05/2025
2 historic (ceased) PSCs
  • Gdp Partnership Limitedceased 07/05/2025· 75-100% shares · 75-100% voting
  • Mr James Gibbonsceased 24/04/2025· 75-100% shares · 75-100% voting · board control

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
Incorporated2024-05-29
Jurisdictionnorthern-ireland
Primary SIC64304 — Activities of open-ended investment companies

Registered office

Acton House Acton Road
Poyntzpass
Newry
BT35 6TA
Northern Ireland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-14
Last: 2025-04-30

Officers (2 active · 2 resigned)

BEST, Simon John
director · ~48y · appointed 2025-05-07
View their other companies + combined net worth →
Active
SHAW, Adrian
director · ~60y · appointed 2025-05-07
View their other companies + combined net worth →
Active
GIBBONS, James
director · ~62y · appointed 2024-05-29 · resigned 2025-05-07
Resigned
PERRY, Kristofer
director · ~41y · appointed 2024-05-29 · resigned 2025-05-07
Resigned

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

Recent filings (12 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-27
appoint-person-director-company-with-name-date
officers · AP01
2025-10-06
termination-director-company-with-name-termination-date
officers · TM01
2025-09-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-27
appoint-person-director-company-with-name-date
officers · AP01
2025-05-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-27
termination-director-company-with-name-termination-date
officers · TM01
2025-05-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-30
incorporation-company
incorporation · NEWINC
2024-05-29