CHANGE ENERGY LIMITED

🌳Matureactive
SC378378 · ltd · incorporated 2010-05-11
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 8.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · oldest 8.3y

85/100
ready

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

  • · Oldest live charge is 8.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
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
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees200200

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-11
    📄
    capital-name-of-class-of-shares
    capital · SH08
  3. 2024-08-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-08-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-08-14
    LAURENSON, Rebekah Elisabeth appointed
    director
  6. 2023-08-18
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2023-07-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2023-07-28
    🔓
    Charge satisfied #1
  9. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-09-21
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2020-09-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2020-09-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2020-09-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-04-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2018-03-26
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  21. 2018-01-15
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  22. 2012-10-01
    LAURENSON, Rebekah appointed
    secretary
  23. 2011-09-15
    MACKINNONS resigned
    corporate-secretary
  24. 2010-05-11
    🏢
    Company incorporated
    As CHANGE ENERGY LIMITED
  25. 2010-05-11
    LAURENSON, Matthew John appointed
    director
  26. 2010-05-11
    MACKINNONS appointed
    corporate-secretary

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

49/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 16 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
NameSharesVoting rightsNature of controlNotified
Mr Matthew John Laurenson
Individual · British · DOB 05/1987 · age 39
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2010-05-11
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

29 Grandholm Grove
Bridge Of Don
Aberdeen
AB22 8AX
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-06-19
Last: 2025-06-05

Officers (3 active · 1 resigned)

LAURENSON, Rebekah
secretary · appointed 2012-10-01
View their other companies + combined net worth →
Active
LAURENSON, Matthew John
director · ~39y · appointed 2010-05-11
View their other companies + combined net worth →
Active
LAURENSON, Rebekah Elisabeth
director · ~38y · appointed 2024-08-14
View their other companies + combined net worth →
Active
MACKINNONS
corporate-secretary · appointed 2010-05-11 · resigned 2011-09-15
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property26/03/2018
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge15/01/201828/07/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (51 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-12
capital-name-of-class-of-shares
capital · SH08
2025-06-11
appoint-person-director-company-with-name-date
officers · AP01
2024-08-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-07
certificate-change-of-name-company
change-of-name · CERTNM
2023-08-18
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-30