BRITISH BAKELS LIMITED
🌳Matureactive
00430208 · ltd · incorporated 1947-02-25
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
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 10890
Sector: Manufacturing
Investor take
Special-situation opportunityDistressed food-drink with salvageable qualities — special-situations priority.
Opportunity 74/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 27.4y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 27.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
16 officers (3 active, 16 linked, 13 with DOB)
86
Ownership & PSC
5 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
158 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,969,052
Turned profitable
Returned to profit this year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Profit before tax | £1.97M | £-1.07M |
| Average employees | 427 | 40700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
- 2026-02-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-31➖HOULISTON, Keith resigneddirector
- 2025-09-04📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-23📍change-sail-address-company-with-new-addressaddress · AD02
- 2024-04-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-22📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-05📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-11📄accounts-with-accounts-type-fullaccounts · AA
- 2021-02-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-02-24🔓Charge satisfied #4
- 2021-01-08📄accounts-with-accounts-type-fullaccounts · AA
- 2019-10-08📄accounts-with-accounts-type-fullaccounts · AA
- 2019-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-08-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-07-23➕GLOGGNER, Patrick Albert appointeddirector
- 2019-07-23➖ULRICH, Armin resigneddirector
- 2018-10-04📄accounts-with-accounts-type-fullaccounts · AA
- 2018-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-10-30🔒Charge registered #4Lender: Albion Land (2012) Limited
- 2011-08-25➖ABASS, Aderemi Adetokunbo resignedsecretary
- 2011-08-25➖ABASS, Aderemi Adetokunbo resigneddirector
- 2010-01-01➕ABASS, Aderemi Adetokunbo appointeddirector
- 2009-01-20➖DOBBIE, Ian resigneddirector
- 2008-10-01➕DOBBIE, Ian appointeddirector
- 2007-01-31➖RUSELL, Mark resigneddirector
- 2006-03-31➖WESTON, Paul resigneddirector
- 2006-01-01➕RUSELL, Mark appointeddirector
- 2002-04-30➕ABASS, Aderemi Adetokunbo appointedsecretary
- 2002-04-30➖WILKINS, Amanda Jayne resignedsecretary
- 2001-09-05🔒Charge registered #3Lender: Barclays Bank PLC
- 2001-08-13🔓Charge satisfied #1
- 2001-05-18🔒Charge registered #2Lender: Barclays Bank PLC
- 2000-01-01➕HOULISTON, Keith appointeddirector
- 1999-01-19🔒Charge registered #1Lender: Midland Bank PLC
- 1999-01-01➕WESTON, Paul appointeddirector
- 1998-08-18➖PENNINGTON, John Marshall resigneddirector
- 1997-01-01➕KINNEY, David appointeddirector
- 1996-12-31➖PARKER, Bernard Joseph resigneddirector
- 1996-07-01➕WILKINS, Amanda Jayne appointedsecretary
- 1996-06-30➖BOCKING, Arlene Mary resignedsecretary
- 1996-06-30➖DUNCAN, Ian Martin resigneddirector
- 1995-04-21➖KEIR, Alexander James resigneddirector
- 1994-11-01➕DUNCAN, Ian Martin appointeddirector
- 1994-10-21➕MORROW, Paul Lawson Thomas appointeddirector
- 1947-02-25🏢Company incorporatedAs BRITISH BAKELS LIMITED
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 79 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-09
Shareholders & ownership
5 active beneficial owners · dominant holder ≥75% · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Irene Siri Bakels-Noreen Individual · Dutch · DOB 10/1942 · age 84 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · trust interest | 06/04/2016 |
Mr Armin Ulrich Individual · Swiss · DOB 05/1949 · age 77 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · trust interest | 06/04/2016 |
Mr Duncan Loney Individual · New Zealander · DOB 03/1946 · age 80 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · trust interest | 06/04/2016 |
Dr Jurg Waeffler Individual · Swiss · DOB 07/1942 · age 84 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · trust interest | 06/04/2016 |
Dr Christoph Ebersberg Individual · Austrian · DOB 07/1947 · age 79 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · trust interest | 06/04/2016 |
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.
See pricing →Similar companies
Active · Food & drink · OX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 33COCOA LTD→ 15481763 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABSOLUTE TASTE LIMITED→ 03308362 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| AEDDA'S FARM DISTILLERY LIMITED→ 14130092 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BAREFOOT OXFORD LIMITED→ 08344872 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BARRY CALLEBAUT HOLDING (UK) LIMITED→ 02512309 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| BARRY CALLEBAUT MANUFACTURING (UK) LIMITED→ 01156841 · est 1974 · no financials extracted | — | — | — | — | 52y | — | — |
| BEEWATCH LTD→ 14011957 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BRIZE SERVICES LTD→ 15292065 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BROCHE BAKERY LTD→ 15253352 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BROCHE COFFEE LTD→ 15017456 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BROCHE HEADINGTON LTD→ 16244565 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CADIAN LTD→ 16016576 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1947-02-25
Jurisdictionengland-wales
Primary SIC10890 — SIC 10890
Registered office
Granville Way
Off Launton Road
Bicester
Oxon
OX26 4JT
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-09OVERDUE
Last: 2025-04-25
Officers (3 active · 13 resigned)
GLOGGNER, Patrick Albert→
Activedirector · ~60y · appointed 2019-07-23
View their other companies + combined net worth →
KINNEY, David→
Activedirector · ~70y · appointed 1997-01-01
View their other companies + combined net worth →
MORROW, Paul Lawson Thomas→
Activedirector · ~71y · appointed 1994-10-21
View their other companies + combined net worth →
ABASS, Aderemi Adetokunbo→
Resignedsecretary · appointed 2002-04-30 · resigned 2011-08-25
BOCKING, Arlene Mary→
Resignedsecretary · resigned 1996-06-30
WILKINS, Amanda Jayne→
Resignedsecretary · appointed 1996-07-01 · resigned 2002-04-30
ABASS, Aderemi Adetokunbo→
Resigneddirector · ~58y · appointed 2010-01-01 · resigned 2011-08-25
DOBBIE, Ian→
Resigneddirector · ~63y · appointed 2008-10-01 · resigned 2009-01-20
DUNCAN, Ian Martin→
Resigneddirector · ~73y · appointed 1994-11-01 · resigned 1996-06-30
HOULISTON, Keith→
Resigneddirector · ~71y · appointed 2000-01-01 · resigned 2025-12-31
KEIR, Alexander James→
Resigneddirector · ~94y · resigned 1995-04-21
PARKER, Bernard Joseph→
Resigneddirector · ~74y · resigned 1996-12-31
PENNINGTON, John Marshall→
Resigneddirector · ~94y · resigned 1998-08-18
RUSELL, Mark→
Resigneddirector · ~58y · appointed 2006-01-01 · resigned 2007-01-31
ULRICH, Armin→
Resigneddirector · ~77y · resigned 2019-07-23
WESTON, Paul→
Resigneddirector · ~68y · appointed 1999-01-01 · resigned 2006-03-31
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Albion Land (2012) Albion Land (2012) Limited | A registered charge | 1 property | 30/10/2017 | 24/02/2021 | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 05/09/2001 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 18/05/2001 | — | |
| satisfied | Midland Bank Midland Bank PLC | Debenture | 1 property | 19/01/1999 | 13/08/2001 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (158 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-02-09
accounts-with-accounts-type-full
accounts · AA
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-25
change-sail-address-company-with-new-address
address · AD02
2025-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-full
accounts · AA
2024-04-30
change-person-director-company-with-change-date
officers · CH01
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-full
accounts · AA
2023-03-30
accounts-with-accounts-type-full
accounts · AA
2022-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-full
accounts · AA
2021-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-18
mortgage-satisfy-charge-full
mortgage · MR04
2021-02-24
accounts-with-accounts-type-full
accounts · AA
2021-01-08