DART ENERGY (EUROPE) LIMITED

🌳Matureactive
SC259898 · ltd · incorporated 2003-11-27
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
not disclosed
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 06200
Sector: Mining & quarrying
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

17 live charges · 10 lenders · oldest 21.8y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 21.8 years old — likely at or near maturity.
  • · 10 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

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, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
17 charges (17/17 with lender, 17/17 with type)
90
Directors & officers
39 officers (3 active, 39 linked, 32 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
269 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

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 (130 events)Click to expand
  1. 2025-10-04
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  2. 2025-10-04
    📄
    legacy
    accounts · PARENT_ACC
  3. 2025-10-04
    📄
    legacy
    other · GUARANTEE2
  4. 2025-10-04
    📄
    legacy
    other · AGREEMENT2
  5. 2024-10-30
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  6. 2024-10-30
    📄
    legacy
    accounts · PARENT_ACC
  7. 2024-10-30
    📄
    legacy
    other · AGREEMENT2
  8. 2024-10-30
    📄
    legacy
    other · GUARANTEE2
  9. 2024-06-05
    GLOVER, Ross David Hamilton appointed
    director
  10. 2024-06-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-06-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-06-04
    HOPKINSON, Simon Christopher resigned
    director
  13. 2024-05-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2024-05-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2024-05-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2024-05-04
    🔓
    Charge satisfied #16
  17. 2024-05-04
    🔓
    Charge satisfied #15
  18. 2024-05-04
    🔓
    Charge satisfied #14
  19. 2024-04-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2024-04-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2024-04-09
    🔒
    Charge registered #17
    Lender: Apex Corporate Trustees (UK) Limited
  22. 2023-10-05
    📄
    legacy
    other · AGREEMENT2
  23. 2023-10-05
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  24. 2023-10-05
    📄
    legacy
    accounts · PARENT_ACC
  25. 2023-10-05
    📄
    legacy
    other · AGREEMENT2
  26. 2023-10-05
    📄
    legacy
    other · GUARANTEE2
  27. 2022-11-01
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  28. 2022-09-15
    HOPKINSON, Simon Christopher appointed
    director
  29. 2022-09-14
    BOWLER, Stephen David resigned
    director
  30. 2020-07-31
    WARD, Frances appointed
    director
  31. 2020-07-31
    TEDDER, Julian Lester resigned
    director
  32. 2019-11-26
    🔓
    Charge satisfied #13
  33. 2019-11-14
    🔒
    Charge registered #16
    Lender: Bank of Montreal, London Branch as Security Trustee Itself and Each of the Other Secured Parties
  34. 2019-11-14
    🔒
    Charge registered #15
    Lender: Bank of Montreal, London Branch as Security Trustee Itself and Each of the Other Secured Parties
  35. 2019-11-14
    🔒
    Charge registered #14
    Lender: Bank of Montreal, London Branch as Security Trustee Itself and Each of the Other Secured Parties
  36. 2019-04-30
    PERERA SCHUETZE, Thamala appointed
    director
  37. 2019-04-30
    BLAYMIRES, John Malcolm resigned
    director
  38. 2015-10-13
    TEDDER, Julian Lester appointed
    director
  39. 2015-05-20
    AUSTIN, Andrew Philip resigned
    director
  40. 2015-04-10
    SHAH-GAIR, Jessel resigned
    secretary
  41. 2015-04-10
    BAIN, Douglas Fortune resigned
    director
  42. 2015-04-10
    KIPPS, Jacqueline resigned
    director
  43. 2015-04-07
    🔒
    Charge registered #13
    Lender: Nordic Trustee Asa
  44. 2015-03-06
    🔓
    Charge satisfied #12
  45. 2015-02-01
    WALTA, Justin resigned
    director
  46. 2014-10-15
    AUSTIN, Andrew Philip appointed
    director
  47. 2014-10-15
    BLAYMIRES, John Malcolm appointed
    director
  48. 2014-10-15
    BOWLER, Stephen David appointed
    director
  49. 2014-10-15
    ULIEL, Eytan Michael resigned
    director
  50. 2013-09-18
    MCGOLDRICK, John Russell resigned
    director
Showing most recent 50 of 130 events

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

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

🏛️
Island Gas Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
DART ENERGY (EUROPE) LIMITED
This company · SC259898

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
Island Gas Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/09/2016
1 historic (ceased) PSC
  • Igas Energy Plcceased 21/09/2016· 75-100% shares · 75-100% 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
Incorporated2003-11-27
Jurisdictionscotland
Primary SIC06200 — SIC 06200

Registered office

C/O Womble Bond Dickinson (Uk) Llp
2 Semple Street
Edinburgh
EH3 8BL
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-18
Last: 2025-12-04

Officers (3 active · 36 resigned)

GLOVER, Ross David Hamilton
director · ~52y · appointed 2024-06-05
View their other companies + combined net worth →
Active
PERERA SCHUETZE, Thamala
director · ~50y · appointed 2019-04-30
View their other companies + combined net worth →
Active
WARD, Frances
director · ~65y · appointed 2020-07-31
View their other companies + combined net worth →
Active
BOUSFIELD, Colin David
secretary · appointed 2010-01-25 · resigned 2011-02-27
Resigned
DODS, Sarah Jane
secretary · appointed 2009-06-25 · resigned 2009-12-31
Resigned
SHAH-GAIR, Jessel
secretary · appointed 2013-07-17 · resigned 2015-04-10
Resigned
MACLAY MURRAY & SPENS LLP
corporate-secretary · appointed 2010-01-25 · resigned 2011-02-27
Resigned
MACLAY MURRAY & SPENS LLP
corporate-nominee-secretary · appointed 2003-11-27 · resigned 2009-06-25
Resigned
ADAMSON, William
director · ~78y · appointed 2009-05-21 · resigned 2011-02-27
Resigned
AUSTIN, Andrew Philip
director · ~61y · appointed 2014-10-15 · resigned 2015-05-20
Resigned
BAIN, Douglas Fortune
director · ~57y · appointed 2011-10-14 · resigned 2015-04-10
Resigned
BENTLEY, John William Sharp
director · ~78y · appointed 2009-01-15 · resigned 2009-11-01
Resigned
BLAYMIRES, John Malcolm
director · ~69y · appointed 2014-10-15 · resigned 2019-04-30
Resigned
BOUSFIELD, Colin David
director · ~69y · appointed 2005-08-25 · resigned 2011-02-27
Resigned
BOWLER, Stephen David
director · ~53y · appointed 2014-10-15 · resigned 2022-09-14
Resigned
CATO, Guy Howard
director · ~55y · appointed 2009-12-10 · resigned 2010-01-26
Resigned
FEARNLEY, Kevan Walter
director · ~75y · appointed 2004-07-27 · resigned 2009-06-25
Resigned
FRASER, Stanley Thomson
director · ~79y · appointed 2004-07-27 · resigned 2011-02-27
Resigned
GRAY, David Mclaren
director · ~75y · appointed 2009-01-15 · resigned 2009-11-01
Resigned
HOPKINSON, Simon Christopher
director · ~59y · appointed 2022-09-15 · resigned 2024-06-04
Resigned

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

Mortgages & charges

17
Total charges
1
Outstanding
1
Active lenders
Status:Lender:17 of 17 shown
TypeProperties
outstanding
Apex Corporate Trustees (UK)
Apex Corporate Trustees (UK) Limited
A registered charge09/04/2024
satisfied
Bank of Montreal, London Branch as Security Trustee Itself and Each of the Other Secured Parties
A registered charge14/11/201904/05/2024
satisfied
Bank of Montreal, London Branch as Security Trustee Itself and Each of the Other Secured Parties
A registered charge14/11/201904/05/2024
satisfied
Bank of Montreal, London Branch as Security Trustee Itself and Each of the Other Secured Parties
A registered charge14/11/201904/05/2024
satisfied
Nordic Trustee Asa
A registered charge07/04/201526/11/2019
satisfied
Hongkong and Shanghai Banking Corporation
Hongkong and Shanghai Banking Corporation Limited
Security over shares agreement1 property21/09/201206/03/2015
satisfied
Leslie Milne Dick and Another
Standard security1 property16/06/200623/02/2011
satisfied
Stanley Thomson Fraser
Standard security1 property18/10/200416/07/2009
satisfied
Stanley Thomson Fraser
Standard security1 property18/10/200416/07/2009
satisfied
Coal Bed Methane
Coal Bed Methane Limited
Standard security1 property12/10/200413/03/2007
satisfied
Coal Bed Methane
Coal Bed Methane Limited
Standard security1 property12/10/200413/03/2007
satisfied
Coal Bed Methane
Coal Bed Methane Limited
Standard security1 property12/10/200413/03/2007
satisfied
Coalbed Methane
Coalbed Methane Limited
Standard security1 property12/10/200413/03/2007
satisfied
Coal Bed Methane
Coal Bed Methane Limited
Standard security1 property12/10/200413/03/2007
satisfied
Coal Bed Methane
Coal Bed Methane Limited
Standard security1 property12/10/200413/03/2007
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property01/10/200409/03/2011
satisfied
Stanley T. Fraser
Bond & floating charge1 property27/07/200429/01/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (269 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-10-04
legacy
accounts · PARENT_ACC
2025-10-04
legacy
other · GUARANTEE2
2025-10-04
legacy
other · AGREEMENT2
2025-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-10-30
legacy
accounts · PARENT_ACC
2024-10-30
legacy
other · AGREEMENT2
2024-10-30
legacy
other · GUARANTEE2
2024-10-30
termination-director-company-with-name-termination-date
officers · TM01
2024-06-05
appoint-person-director-company-with-name-date
officers · AP01
2024-06-05
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-04
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-04
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-04