CYGNET LABORATORY FURNITURE LIMITED

🌳Matureactive
00490102 · ltd · incorporated 1951-01-01
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: SIC 3614
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 30/100. Strong seller-intent signal (78/100, director aged 73). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: low (46/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
12 officers (2 active, 12 linked, 8 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (22 events)Click to expand
  1. 2020-12-07
    📄
    restoration-order-of-court
    restoration · AC92
  2. 1995-01-01
    📄
    selection-of-documents-registered-before-January-1995
    historical · PRE95
  3. 1995-01-01
    📄
    selection-of-mortgage-documents-registered-before-January-1995
    historical · PRE95M
  4. 1994-11-28
    KING, Catherine Margaret resigned
    secretary
  5. 1994-02-04
    KING, Catherine Margaret appointed
    secretary
  6. 1994-02-04
    RICE, Anthony George resigned
    secretary
  7. 1993-12-31
    DAWS, Christopher William resigned
    secretary
  8. 1993-12-31
    RICE, Anthony George appointed
    secretary
  9. 1993-12-31
    DAWS, Christopher William resigned
    director
  10. 1993-07-28
    JOHNSON, Andrew David Michael appointed
    director
  11. 1993-07-28
    KINGDON, Adam Fletcher Downs appointed
    director
  12. 1993-07-28
    DAWS, Christopher William appointed
    director
  13. 1993-07-01
    DAWS, Christopher William appointed
    secretary
  14. 1993-07-01
    SHAW, Lindsey Jane resigned
    secretary
  15. 1993-05-01
    SHAW, Jack Edward resigned
    director
  16. 1993-04-29
    LANE, Peter Milton resigned
    director
  17. 1993-04-22
    HOPKINS, Peter Christopher William resigned
    director
  18. 1992-09-21
    TRON, Simon resigned
    director
  19. 1992-03-06
    TRON, Simon appointed
    director
  20. 1992-02-07
    RUFF, Christopher William resigned
    director
  21. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  22. 1951-01-01
    🏢
    Company incorporated
    As CYGNET LABORATORY FURNITURE LIMITED

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

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 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

91/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 75 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1997-07-30

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

🔒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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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.

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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.

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Company details

Statusactive
Typeltd
Incorporated1951-01-01
Jurisdictionengland-wales
Primary SIC3614 — SIC 3614

Registered office

Price Waterhouse
101 Barbirolli Square
Mosley Street
Manchester
M2 3PW

Filing status

Accounts
Next due: 1997-07-30OVERDUE
Last made up to:
Confirmation statement
Next due:
Last:

Officers (2 active · 10 resigned)

JOHNSON, Andrew David Michael
director · ~73y · appointed 1993-07-28
View their other companies + combined net worth →
Active
KINGDON, Adam Fletcher Downs
director · ~68y · appointed 1993-07-28
View their other companies + combined net worth →
Active
DAWS, Christopher William
secretary · appointed 1993-07-01 · resigned 1993-12-31
Resigned
KING, Catherine Margaret
secretary · appointed 1994-02-04 · resigned 1994-11-28
Resigned
RICE, Anthony George
secretary · appointed 1993-12-31 · resigned 1994-02-04
Resigned
SHAW, Lindsey Jane
secretary · resigned 1993-07-01
Resigned
DAWS, Christopher William
director · ~79y · appointed 1993-07-28 · resigned 1993-12-31
Resigned
HOPKINS, Peter Christopher William
director · ~78y · resigned 1993-04-22
Resigned
LANE, Peter Milton
director · ~82y · resigned 1993-04-29
Resigned
RUFF, Christopher William
director · ~69y · resigned 1992-02-07
Resigned
SHAW, Jack Edward
director · ~74y · resigned 1993-05-01
Resigned
TRON, Simon
director · ~83y · appointed 1992-03-06 · resigned 1992-09-21
Resigned

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

Recent filings (4 total)

restoration-order-of-court
restoration · AC92
2020-12-07
selection-of-documents-registered-before-January-1995
historical · PRE95
1995-01-01
selection-of-mortgage-documents-registered-before-January-1995
historical · PRE95M
1995-01-01
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01