ERGO ENERGY LTD

🌳Matureactive
SC470683 · ltd · incorporated 2014-02-21
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
  • 35120SIC 35120
  • 35140SIC 35140
  • 35230SIC 35230
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. 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 (65/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 address
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 address
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-11-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-11-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-03-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-03-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-03-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-03-01
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2023-10-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-03-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-12-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-03-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-02-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-01-06
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  14. 2019-11-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-01-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2018-03-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2018-03-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2014-02-21
    🏢
    Company incorporated
    As ERGO ENERGY LTD
  19. 2014-02-21
    GRASSAM, Cheryl appointed
    secretary
  20. 2014-02-21
    GRASSAM, Cheryl appointed
    director
  21. 2014-02-21
    MITCHELL, David Robert appointed
    director

Owner dependency

66/100
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 64 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Cheryl Grassam
Individual · British · DOB 12/1962 · age 64
5075%
50–75%sig. influence50-75% shares · 50-75% voting · significant influence · firm interest06/04/2016
Mr David Robert Mitchell
Individual · British · DOB 03/1963 · age 63
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.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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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.

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Company details

Statusactive
Typeltd
Incorporated2014-02-21
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Berrybush Farm Cottage
Yarrow Valley
Selkirk
Scottish Borders
TD7 5NQ
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21

Officers (3 active · 0 resigned)

GRASSAM, Cheryl
secretary · appointed 2014-02-21
View their other companies + combined net worth →
Active
GRASSAM, Cheryl
director · ~64y · appointed 2014-02-21
View their other companies + combined net worth →
Active
MITCHELL, David Robert
director · ~63y · appointed 2014-02-21
View their other companies + combined net worth →
Active

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

Recent filings (33 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
accounts-with-accounts-type-dormant
accounts · AA
2025-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
accounts-with-accounts-type-dormant
accounts · AA
2024-11-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-01
change-person-director-company-with-change-date
officers · CH01
2024-03-01
change-person-director-company-with-change-date
officers · CH01
2024-03-01
change-person-secretary-company-with-change-date
officers · CH03
2024-03-01
accounts-with-accounts-type-dormant
accounts · AA
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
accounts-with-accounts-type-dormant
accounts · AA
2022-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-21
accounts-with-accounts-type-dormant
accounts · AA
2021-12-12