ENERGEN BIOGAS LIMITED
🌳Matureactive
SC338426 · ltd · incorporated 2008-02-27
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.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
- · Hygiene score: 75 → 85
What changed my view
Last 30 days
Picture improved over the last 30 days — 1 positive signal vs 0 negative.
- ↑Hygiene score: 75 → 85
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueConservative operator. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (62/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 16.7y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 16.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (84/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
23 officers (4 active, 23 linked, 21 with DOB)
88
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
145 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £3,727,068
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Profit before tax | £3.73M | — |
| Average employees | 2300 | 2000 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
5
filings
- • 4 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (76 events)Click to expand
- 2026-02-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-10➕MCQUAID, James appointeddirector
- 2026-01-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-19➕SHARWOOD, Christopher Neil appointeddirector
- 2025-12-19➖GILL, Paul Ellis resigneddirector
- 2025-10-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-25📄accounts-with-accounts-type-fullaccounts · AA
- 2025-09-23➖CZULOWSKI, Mary Bethan resigneddirector
- 2025-05-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-12➕MCKEE, David Joseph, Dr appointeddirector
- 2025-05-09➖SHARPE, Anthony Peter resigneddirector
- 2025-04-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-23➖RAANAN, Itai resigneddirector
- 2025-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-01➕HARRISON, Jake appointeddirector
- 2025-01-31➖FISHWICK, Michael resigneddirector
- 2024-08-21📄accounts-with-accounts-type-smallaccounts · AA
- 2024-02-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-23📄resolutionresolution · RESOLUTIONS
- 2024-01-23📄statement-of-companys-objectschange-of-constitution · CC04
- 2024-01-23📄memorandum-articlesincorporation · MA
- 2024-01-23📄resolutionresolution · RESOLUTIONS
- 2023-10-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-14📄accounts-with-accounts-type-smallaccounts · AA
- 2023-04-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-17➕FISHWICK, Michael appointeddirector
- 2022-12-22➖ETHERSON, Robert James resigneddirector
- 2022-01-26➕CZULOWSKI, Mary Bethan appointeddirector
- 2021-10-01➕SHARPE, Anthony Peter appointeddirector
- 2020-08-19➖GISSIN, Erez resigneddirector
- 2020-08-19➕RAANAN, Itai appointeddirector
- 2020-06-09➖COOPER, Ross resigneddirector
- 2020-06-09➕GILL, Paul Ellis appointeddirector
- 2019-10-01➖BLASE, Steven resigneddirector
- 2018-09-18🔓Charge satisfied #2
- 2018-09-10🔓Charge satisfied #6
- 2018-09-10🔓Charge satisfied #5
- 2018-09-10🔓Charge satisfied #3
- 2018-09-10🔓Charge satisfied #4
- 2018-09-10🔓Charge satisfied #1
- 2018-08-30➖GRIFFIN-SMITH, Philip Bernard resignedsecretary
- 2018-08-30➕BLASE, Steven appointeddirector
- 2018-08-30➖BROOKES, Alistair Daniel resigneddirector
- 2018-08-30➕COOPER, Ross appointeddirector
- 2018-08-30➕GISSIN, Erez appointeddirector
Showing most recent 50 of 76 events
Owner dependency
40/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: CZULOWSKI, Mary Bethan resigned 2025-09-23; GILL, Paul Ellis resigned 2025-12-19
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Energen Biogas Holdco Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Energen Biogas Holdco Ltd
Corporate parent · holds 75-100% shares
⬇
ENERGEN BIOGAS LIMITED
This company · SC338426
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Energen Biogas Holdco Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 30/08/2018 |
4 historic (ceased) PSCs
- Renewi Plcceased 30/08/2018· 25-50% shares · 25-50% voting
- Paragon Efficiencies Limitedceased 24/10/2022· 50-75% shares · 50-75% voting
- Renewi Uk Services Limitedceased 12/07/2018· 25-50% shares · 25-50% voting
- Mr Robert James Ethersonceased 30/01/2018· 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 →Similar companies
Active · Energy & utilities · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ENVIROCLEAN (SCOTLAND) LIMITED→ SC176022 · est 1997 | £9.58M £6.90M–£12.26M | — | — | 246 | 29y | 84 | 59y |
| BARR + WRAY LIMITED→ SC040952 · est 1964 | £4.90M £3.53M–£6.28M | — | — | 5900 | 61y | 84 | 59y |
| BARR + WRAY HOLDINGS 2 LIMITED→ SC276252 · est 2004 | £1.34M £963.0k–£1.71M | — | — | 0 | 21y | 84 | 59y |
| BARR + WRAY HOLDINGS LIMITED→ SC175728 · est 1997 | £1.34M £963.0k–£1.71M | — | — | 0 | 29y | 82 | 59y |
| BAILLIE WINDFARM LIMITED→ SC256692 · est 2003 · no financials extracted | — | — | — | — | 22y | 83 | 71y |
| HIGHLANDER INTERNATIONAL RECYCLING LIMITED→ SC265586 · est 2004 | — | — | £1.59M | — | 22y | 83 | 61y |
| HIGHLANDER SECURITY SHREDDING LTD→ SC395423 · est 2011 | — | — | £646.8k | — | 15y | 83 | 61y |
| SPRUCE CARPETS LTD.→ SC280302 · est 2005 · no financials extracted | — | — | — | — | 21y | 83 | 70y |
| DPM WATER TECHNOLOGIES LIMITED→ SC264863 · est 2004 | — | — | £353.6k | — | 22y | 82 | 71y |
| DRAINTEC SOLUTIONS LIMITED→ SC303174 · est 2006 | — | — | £800.9k | — | 20y | 82 | 60y |
| ENVIROCLEAN CONTRACTS LTD→ SC360560 · est 2009 | — | — | — | — | 17y | 82 | 58y |
| MITCHELL THOMSON LIMITED→ SC028501 · est 1951 | — | — | £251.0k | — | 74y | 82 | 58y |
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
Incorporated2008-02-27
Jurisdictionscotland
Primary SIC35110 — SIC 35110
Registered office
Dunns Wood Road
Wardpark South Industrial Estate
Cumbernauld
G67 3EN
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20
Officers (4 active · 19 resigned)
HARRISON, Jake→
Activedirector · ~37y · appointed 2025-02-01
View their other companies + combined net worth →
MCKEE, David Joseph, Dr→
Activedirector · ~46y · appointed 2025-05-12
View their other companies + combined net worth →
MCQUAID, James→
Activedirector · ~41y · appointed 2026-02-10
View their other companies + combined net worth →
SHARWOOD, Christopher Neil→
Activedirector · ~33y · appointed 2025-12-19
View their other companies + combined net worth →
ETHERSON, Jacqueline→
Resignedsecretary · appointed 2008-02-27 · resigned 2009-10-01
GRIFFIN-SMITH, Philip Bernard→
Resignedsecretary · appointed 2009-10-01 · resigned 2018-08-30
BLASE, Steven→
Resigneddirector · ~60y · appointed 2018-08-30 · resigned 2019-10-01
BROOKES, Alistair Daniel→
Resigneddirector · ~50y · appointed 2016-01-01 · resigned 2018-08-30
COOPER, Ross→
Resigneddirector · ~48y · appointed 2018-08-30 · resigned 2020-06-09
CZULOWSKI, Mary Bethan→
Resigneddirector · ~68y · appointed 2022-01-26 · resigned 2025-09-23
EGLINTON, Peter Damian→
Resigneddirector · ~57y · appointed 2013-04-15 · resigned 2016-07-06
ETHERSON, Robert James→
Resigneddirector · ~58y · appointed 2008-02-27 · resigned 2022-12-22
FISHWICK, Michael→
Resigneddirector · ~61y · appointed 2023-01-17 · resigned 2025-01-31
GILL, Paul Ellis→
Resigneddirector · ~51y · appointed 2020-06-09 · resigned 2025-12-19
GISSIN, Erez→
Resigneddirector · ~68y · appointed 2018-08-30 · resigned 2020-08-19
GOODFELLOW, Ian Frederick→
Resigneddirector · ~72y · appointed 2009-10-01 · resigned 2013-03-31
MILES, Neil Rowland→
Resigneddirector · ~56y · appointed 2016-07-06 · resigned 2018-08-30
MULLIGAN, David Kevin→
Resigneddirector · ~57y · appointed 2014-04-01 · resigned 2015-12-31
RAANAN, Itai→
Resigneddirector · ~50y · appointed 2020-08-19 · resigned 2025-04-23
SAUNDERS, Mark Ian→
Resigneddirector · ~58y · appointed 2009-10-01 · resigned 2011-07-31
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 24/04/2013 | 10/09/2018 | |
| satisfied | Barclays Barclays Bank PLC | Floating charge | 1 property | 28/03/2013 | 10/09/2018 | |
| satisfied | Paragon Paragon Efficiencies Limited | Standard security | 1 property | 07/10/2009 | 10/09/2018 | |
| satisfied | Shanks Waste Management Shanks Waste Management Limited | Standard security | 1 property | 07/10/2009 | 18/09/2018 | |
| satisfied | Paragon Paragon Efficiencies Limited | Floating charge | 1 property | 01/10/2009 | 10/09/2018 | |
| satisfied | Shanks Waste Management Shanks Waste Management Limited | Floating charge | 1 property | 01/10/2009 | 10/09/2018 |
Recent filings (145 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
appoint-person-director-company-with-name-date
officers · AP01
2026-02-16
change-person-director-company-with-change-date
officers · CH01
2026-01-27
appoint-person-director-company-with-name-date
officers · AP01
2025-12-30
termination-director-company-with-name-termination-date
officers · TM01
2025-12-30
termination-director-company-with-name-termination-date
officers · TM01
2025-10-10
accounts-with-accounts-type-full
accounts · AA
2025-09-25
change-person-director-company-with-change-date
officers · CH01
2025-05-27
appoint-person-director-company-with-name-date
officers · AP01
2025-05-20
termination-director-company-with-name-termination-date
officers · TM01
2025-05-13
termination-director-company-with-name-termination-date
officers · TM01
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
appoint-person-director-company-with-name-date
officers · AP01
2025-02-12
termination-director-company-with-name-termination-date
officers · TM01
2025-02-04
accounts-with-accounts-type-small
accounts · AA
2024-08-21