CLEARCOST ENERGY LIMITED

🌳Matureactive
SC171781 · ltd · incorporated 1997-01-23
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-87.5k
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 23.0y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 23.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: high (81/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
16 officers (3 active, 16 linked, 10 with DOB)
83
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
126 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £87,531

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£88k
↑ 4.0% YoY
Current Assets
£39k
↓ 15% YoY
Current Liabilities
—
-£91k-£64k-£36k-£9k£18k£46kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£-87.5k£-88.9k
Current assets£38.8k£45.7k
Net assets£-87.5k£-91.2k

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
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 (49 events)Click to expand
  1. 2025-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-03
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  4. 2023-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-04-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-04-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2023-04-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2023-04-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-04-05
    ➖
    DAVIES, Mark Richard resigned
    director
  10. 2022-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-11-09
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2020-11-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2020-11-05
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  15. 2020-10-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-07-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2019-09-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-08-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2017-05-09
    ➕
    MORRIS, Christopher William, Dr appointed
    director
  20. 2017-05-09
    ➕
    DAVIES, Mark Richard appointed
    director
  21. 2013-08-01
    ➕
    LC SECRETARIES LIMITED appointed
    corporate-secretary
  22. 2013-08-01
    ➖
    DAVIES, Jill resigned
    secretary
  23. 2013-04-17
    🔓
    Charge satisfied #1
  24. 2006-05-01
    ➕
    DAVIES, Jill appointed
    secretary
  25. 2006-04-30
    ➖
    CAIRD, John resigned
    secretary
  26. 2006-04-30
    ➖
    CAIRD, John resigned
    director
  27. 2005-01-13
    ➕
    CAIRD, John appointed
    secretary
  28. 2005-01-13
    ➖
    DAVIES, Michael resigned
    secretary
  29. 2004-09-30
    ➖
    MURDOCH, Andrew Robert resigned
    director
  30. 2004-06-04
    ➕
    CAIRD, John appointed
    director
  31. 2003-11-30
    ➖
    DAVIES, Robert Arthur resigned
    director
  32. 2003-08-01
    ➕
    MURDOCH, Andrew Robert appointed
    director
  33. 2003-04-23
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Commercial Finance Limited
  34. 2001-12-11
    ➕
    DAVIES, Michael appointed
    secretary
  35. 2001-12-11
    ➖
    STILL, Barbara resigned
    secretary
  36. 2001-12-11
    ➖
    ARMEANU, Apostol resigned
    director
  37. 2001-12-11
    ➕
    DAVIES, Robert Arthur appointed
    director
  38. 2001-12-11
    ➖
    STILL, Barbara resigned
    director
  39. 2001-11-30
    ➖
    DAVIES, Jill resigned
    director
  40. 2001-11-02
    ➕
    ARMEANU, Apostol appointed
    director
  41. 2001-07-24
    ➖
    DAVIES, Michael resigned
    secretary
  42. 2001-07-24
    ➕
    STILL, Barbara appointed
    secretary
  43. 2001-07-24
    ➕
    DAVIES, Jill appointed
    director
  44. 2001-07-24
    ➕
    STILL, Barbara appointed
    director
  45. 2001-07-16
    ➖
    COTTERILL, David Matthew resigned
    director
  46. 1997-01-23
    🏢
    Company incorporated
    As CLEARCOST ENERGY LIMITED
  47. 1997-01-23
    ➕
    DAVIES, Michael appointed
    director
  48. 1997-01-23
    ➕
    DAVIES, Michael appointed
    secretary
  49. 1997-01-23
    ➕
    COTTERILL, David Matthew appointed
    director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

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 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Jill Davies
Individual · British · DOB 11/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting11/04/2023
Mr Michael Davies
Individual · British · DOB 06/1958 · age 68
25–50%
25–50%25-50% shares · 25-50% voting11/04/2023
3 historic (ceased) PSCs
  • Mr Mark Richard Daviesceased 11/04/2023· 25-50% shares · 25-50% voting
  • Mr Michael Daviesceased 22/02/2019· 50-75% shares · 50-75% voting · board control
  • Mrs Jill Daviesceased 09/05/2017· 25-50% shares · 25-50% voting

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
Incorporated1997-01-23
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (3 active · 13 resigned)

LC SECRETARIES LIMITED→
corporate-secretary · appointed 2013-08-01
View their other companies + combined net worth →
Active
DAVIES, Michael→
director · ~68y · appointed 1997-01-23
View their other companies + combined net worth →
Active
MORRIS, Christopher William, Dr→
director · ~79y · appointed 2017-05-09
View their other companies + combined net worth →
Active
CAIRD, John→
secretary · appointed 2005-01-13 · resigned 2006-04-30
Resigned
DAVIES, Jill→
secretary · appointed 2006-05-01 · resigned 2013-08-01
Resigned
DAVIES, Michael→
secretary · appointed 2001-12-11 · resigned 2005-01-13
Resigned
DAVIES, Michael→
secretary · appointed 1997-01-23 · resigned 2001-07-24
Resigned
STILL, Barbara→
secretary · appointed 2001-07-24 · resigned 2001-12-11
Resigned
ARMEANU, Apostol→
director · ~74y · appointed 2001-11-02 · resigned 2001-12-11
Resigned
CAIRD, John→
director · ~75y · appointed 2004-06-04 · resigned 2006-04-30
Resigned
COTTERILL, David Matthew→
director · ~61y · appointed 1997-01-23 · resigned 2001-07-16
Resigned
DAVIES, Jill→
director · ~69y · appointed 2001-07-24 · resigned 2001-11-30
Resigned
DAVIES, Mark Richard→
director · ~44y · appointed 2017-05-09 · resigned 2023-04-05
Resigned
DAVIES, Robert Arthur→
director · ~95y · appointed 2001-12-11 · resigned 2003-11-30
Resigned
MURDOCH, Andrew Robert→
director · ~69y · appointed 2003-08-01 · resigned 2004-09-30
Resigned
STILL, Barbara→
director · ~75y · appointed 2001-07-24 · resigned 2001-12-11
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Floating charge1 property23/04/200317/04/2013

Recent filings (126 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-05
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-04-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-04-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-04-13
termination-director-company-with-name-termination-date
officers · TM01
2023-04-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-24