NEO NEXT+ ENERGY UPSTREAM UK LIMITED

🌳Matureactive

SC279865 · ltd · incorporated 2005-02-11

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

66/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 09100

Sector: Mining & quarrying

Investor take

Pursue

Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 57/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

33 live charges · 9 lenders · oldest 9.2y

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 9.2 years old — likely at or near maturity.
· 9 lenders named — inter-creditor friction likely.
· Legal-friction score 53/100 (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

Lenders & charges

33 charges (33/33 with lender, 33/33 with type)

Directors & officers

51 officers (6 active, 51 linked, 43 with DOB)

Ownership & PSC

1 active PSC(s) of 4 total, 4 with control declared

Director network

19 connected companies via shared directors

Filing history

289 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

66/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

• 3 mortgage
• 2 officers
• 1 capital

Last 90 days

filings

• 3 mortgage
• 2 officers
• 2 persons-with-significant-control

Last 180 days

filings

• 3 mortgage
• 2 officers
• 2 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (166 events)Click to expand

2026-04-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-01
📄
capital-allotment-shares
capital · SH01
2026-04-01
📄
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2026-04-01
📄
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2026-03-31
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2026-03-30
➕
PAYER, Nicolas Bertrand appointed
director
2026-03-30
➖
SHEIKH, Adam Alum resigned
director
2026-03-30
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-27
🔒
Charge registered #33
Lender: Ing Bank N.V. as Security Agent and Trustee for the Secured Parties.
2026-02-24
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-10
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-04
📄
accounts-with-accounts-type-full
accounts · AA
2025-10-03
🔒
Charge registered #32
Lender: Ing Bank N.V. as Security Agent and Trustee for Itself and Each of the Other Secured Parties
2025-08-28
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-08-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-05
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-08-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-08-05
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-29
➕
MCINTOSH, Andrew Graham appointed
secretary
2025-07-29
➕
RIGARDO, Ferdinando appointed
director
2025-07-29
➖
PRESLY, Victoria Katie resigned
secretary
2025-07-29
➖
MANZI, Catriona Evelyn resigned
director
2025-07-29
➖
MCKENZIE, Craig resigned
director
2025-07-29
➕
SHEIKH, Adam Alum appointed
director
2025-07-17
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-07-14
📄
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC05
2025-07-14
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-25
🔒
Charge registered #31
Lender: Ing Bank N.V. as Security Agent and Trustee for Itself and Each of the Other Secured Parties
2025-06-25
🔒
Charge registered #30
Lender: Ing Bank N.V. as Security Agent and Trustee for Itself and Each of the Other Secured Parties
2025-06-25
🔒
Charge registered #29
Lender: Ing Bank N.V. as Security Agent and Trustee for Itself and Each of the Other Secured Parties
2025-06-10
🔒
Charge registered #28
Lender: Ing Bank N.V. as Security Agent and Trustee for Itself and Each of the Other Secured Parties
2025-06-10
🔒
Charge registered #27
Lender: Ing Bank N.V. as Security Agent and Trustee for Itself and Each of the Other Secured Parties
2025-06-10
🔒
Charge registered #26
Lender: Ing Bank N.V. as Security Agent and Trustee for Itself and Each of the Other Secured Parties
2024-10-22
➕
MCKENZIE, Craig appointed
director
2024-10-11
➖
HARRIS, Paul resigned
director
2024-10-11
➖
ROWE, Martin James resigned
director
2024-09-02
➖
MCINTOSH, Andrew Graham resigned
secretary
2024-09-02
➕
PRESLY, Victoria Katie appointed
secretary
2024-09-02
➕
MANZI, Catriona Evelyn appointed
director
2023-01-20
➕
GAIR, Robert Huw appointed
director
2023-01-20
➖
ADAMS, Robert Stephen resigned
director
2023-01-20
➖
ALTON, Russell Alexander resigned
director
2022-05-17
🔒
Charge registered #25
Lender: Bnp Paribas (As Security Agent)

Showing most recent 50 of 166 events

Owner dependency

48/100

Moderate — manageable with handover

Some 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.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

40/100

Moderate signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.

Red flags

4 med · 1 low

4 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: PRESLY, Victoria Katie resigned 2025-07-29; MANZI, Catriona Evelyn resigned 2025-07-29; MCKENZIE, Craig resigned 2025-07-29

8 new charges in last 12 months

medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-03-27: A registered charge; 2025-10-03: A registered charge; 2025-06-25: A registered charge

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.

Name changed recently

medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-03-31: certificate-change-of-name-company

21 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Neo Next+ Energy Consolidated Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Neo Next+ Energy Consolidated Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

NEO NEXT+ ENERGY UPSTREAM UK LIMITED

This company · SC279865

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
Neo Next+ Energy Consolidated Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	24/04/2024

3 historic (ceased) PSCs

Bnp Paribas Saceased 11/06/2025· 75-100% shares
Ranelagh Nominees Limitedceased 23/07/2020· 75-100% shares
Neo Energy Group Limitedceased 24/04/2024· 75-100% voting · board control

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 · Manufacturing · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A ROGACZEWSKI LIMITED→ SC817898 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
A SOUTER ELECTRICAL LTD→ SC796760 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
A.R.C RESOURCES LTD→ SC799858 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
AJA WELDING SERVICES LTD→ SC751535 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ALBA GASKETS LIMITED→ SC324543 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
ALTA SERVICES LTD→ SC655593 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
ALTRAD INTEGRITY SERVICES LIMITED→ SC161193 · est 1995 · no financials extracted	—	—	—	—	30y	—	—
AMPLUS ENERGY SERVICES LIMITED→ SC344539 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
AMSP LIMITED→ SC818194 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ANDREW BUCHAN LTD→ SC440052 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
ANDREW OGILVIE & PARTNERS LTD→ SC499965 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
APEX JOINERY/CONSTRUCTION LTD→ SC806682 · est 2024 · no financials extracted	—	—	—	—	2y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Incorporated2005-02-11

Jurisdictionscotland

Primary SIC09100 — SIC 09100

Registered office

The Silver Fin Building (9th Floor)

455 Union Street

Aberdeen

AB11 6DB

United Kingdom

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-02-25

Last: 2026-02-11