BRACO ENERGY LTD
No material changes in the last 30 days.
No material changes in the last 90 days.
No snapshot from 180 days ago — start tracking from today.
Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · oldest 11.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £793.8k | £561.8k |
| Current assets | £559.9k | £461.3k |
| Cash | £368.1k | £266.8k |
| Debtors | £191.8k | £194.4k |
| Net assets | £691.9k | £456.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
Corporate timeline (21 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-25📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2022-10-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-21➖ABERNETHY, Donna resignedsecretary
- 2021-01-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-22🔒Charge registered #2Lender: Close Leasing Limited
- 2020-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-30📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2016-07-18📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-08🔒Charge registered #1Lender: Close Leasing Limited
- 2014-09-18🏢Company incorporatedAs BRACO ENERGY LTD
- 2014-09-18➕ABERNETHY, David Brodie appointeddirector
- 2014-09-18➕ABERNETHY, Donna appointedsecretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
David Brodie Abernethy Individual · British · DOB 12/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (1 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Leasing Close Leasing Limited | A registered charge | — | 22/12/2020 | — | |
| outstanding | Close Leasing Close Leasing Limited | A registered charge | — | 08/01/2015 | — |