TANHILL ENERGY LIMITED

🌳Matureactive

SC446944 · ltd · incorporated 2013-04-08

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 11.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 35110

Sector: Electricity, gas & energy

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 80/100. 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).

🏦

Refinance opportunity

3 live charges · oldest 11.6y

85/100

ready

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

· Oldest live charge is 11.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

3 officers (2 active, 3 linked, 3 with DOB)

Ownership & PSC

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

Director network

7 connected companies via shared directors

Filing history

35 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	200	200

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-06-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-06-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-11-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-18
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-04-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-26
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2014-11-14
🔒
Charge registered #3
Lender: Close Brothers Limited
2014-10-17
🔒
Charge registered #2
Lender: Close Brothers Limited
2014-10-17
🔒
Charge registered #1
Lender: Close Brothers Limited
2013-12-03
➕
MITCHELL, Joseph William appointed
director
2013-12-03
➕
MITCHELL, Stephen Gordon appointed
director
2013-12-03
➖
LYLE, Andrew William resigned
director
2013-04-08
🏢
Company incorporated
As TANHILL ENERGY LIMITED
2013-04-08
➕
LYLE, Andrew William appointed
director

Owner dependency

74/100

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 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 12 years.
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 Joseph William Mitchell Individual · British · DOB 02/1964 · age 62	25–50%	—	25-50% shares	06/04/2016

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 →

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ROTTAL HYDRO LIMITED→ SC335669 · est 2007	—	—	£544.4k	—	18y	80	61y
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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.

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Company details

Statusactive

Typeltd

Incorporated2013-04-08

Jurisdictionscotland

Primary SIC35110 — SIC 35110

Registered office

35 Hillside Road

Forfar

Angus

DD8 2AY

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-02-19

Last: 2026-02-05

Officers (2 active · 1 resigned)

MITCHELL, Joseph William→

director · ~62y · appointed 2013-12-03

View their other companies + combined net worth →

Active

MITCHELL, Stephen Gordon→

director · ~59y · appointed 2013-12-03

View their other companies + combined net worth →

Active

LYLE, Andrew William→

director · ~46y · appointed 2013-04-08 · resigned 2013-12-03

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:3 of 3 shown

		Type	Properties
outstanding	Close Brothers Close Brothers Limited	A registered charge	1 property	14/11/2014	—
outstanding	Close Brothers Close Brothers Limited	A registered charge	—	17/10/2014	—
outstanding	Close Brothers Close Brothers Limited	A registered charge	—	17/10/2014	—

Click column headers to sort. Use filters above to narrow by status and lender.