ERGO ENERGY LTD
- · Thesis: well-run, low negotiation leverage
- 35120SIC 35120
- 35140SIC 35140
- 35230SIC 35230
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.
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 · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 address
- • 1 confirmation-statement
- • 1 address
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (21 events)Click to expand
- 2026-03-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-03-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-01📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-01📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-01📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-10-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-03-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-01-06📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2019-11-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-01-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-03-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-03-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2014-02-21🏢Company incorporatedAs ERGO ENERGY LTD
- 2014-02-21➕GRASSAM, Cheryl appointedsecretary
- 2014-02-21➕GRASSAM, Cheryl appointeddirector
- 2014-02-21➕MITCHELL, David Robert appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Cheryl Grassam Individual · British · DOB 12/1962 · age 64 | 50–75% | 50–75% | sig. influence50-75% shares · 50-75% voting · significant influence · firm interest | 06/04/2016 |
Mr David Robert Mitchell Individual · British · DOB 03/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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.
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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 →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)
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