MITCHELL ENERGY LTD
- 64203Activities of construction holding companies
- 64209Activities of other holding companies n.e.c.
Opportunity 72/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
6 live charges · 5 lenders · oldest 12.0y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 12.0 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £19.82M |
| Current assets | — | £17.73M |
| Cash | — | £10.68M |
| Debtors | — | £7.00M |
| Net assets | — | £19.63M |
| Average employees | 2 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
4 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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 mortgage
Corporate timeline (29 events)Click to expand
- 2026-03-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-09🔒Charge registered #6Lender: John Lambie Picken and Margaret Hannah Picken
- 2025-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-29🔒Charge registered #5Lender: Hagshaw Ldes LTD
- 2024-12-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-10🔓Charge satisfied #4
- 2024-11-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-24🔓Charge satisfied #2
- 2024-07-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-16🔓Charge satisfied #1
- 2024-02-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-12🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2023-12-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-09-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-06-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-01🔒Charge registered #3Lender: Hagshaw Hill Repowering LTD
- 2020-03-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-10-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-06-02🔒Charge registered #2Lender: Lombard North Central PLC
- 2014-07-31🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2013-07-22🏢Company incorporatedAs MITCHELL ENERGY LTD
- 2013-07-22➕MITCHELL, William appointedsecretary
- 2013-07-22➕MITCHELL, John appointeddirector
- 2013-07-22➕MITCHELL, William appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "MITCHELL" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Mitchell Individual · British · DOB 09/1975 · age 51 | 25–50% | 25–50% | sig. influence25-50% shares · 25-50% voting · significant influence | 01/07/2016 |
Mr John Mitchell Individual · British · DOB 04/1979 · age 47 | 25–50% | 25–50% | sig. influence25-50% shares · 25-50% voting · significant influence | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
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8 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 →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
Registered office
Filing status
Officers (3 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | John Lambie Picken and Margaret Hannah Picken | A registered charge | 1 property | 09/03/2026 | — | |
| outstanding | Hagshaw Ldes Hagshaw Ldes LTD | A registered charge | 1 property | 29/07/2025 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 12/02/2024 | 10/12/2024 | |
| outstanding | Hagshaw Hill Repowering Hagshaw Hill Repowering LTD | A registered charge | 1 property | 01/06/2020 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | — | 02/06/2017 | 24/07/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 31/07/2014 | 16/07/2024 |