H.E.HINITT AND CO.LIMITED

💤Zombieactive
00491123 · ltd · incorporated 1951-02-01
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 39.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 39.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
95 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
70
Strong succession / seller-readiness signals.
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Average employees29002900

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-10-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-01-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2019-01-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2019-01-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-01-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  12. 2018-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-01-13
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  15. 2016-08-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-11-16
    🔓
    Charge satisfied #1
  17. 2000-04-06
    HINITT, Doreen resigned
    director
  18. 1986-09-30
    🔒
    Charge registered #1
    Lender: Yorkshire Bank PLC.
  19. 1951-02-01
    🏢
    Company incorporated
    As H.E.HINITT AND CO.LIMITED

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "HINITT" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

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
David Michael Hinitt
Individual · British · DOB 02/1958 · age 68
5075%
50–75%50-75% shares · 50-75% voting06/04/2016
Kathryn Susan Roslyn
Individual · British · DOB 11/1953 · age 73
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

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
Incorporated1951-02-01
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

82 Station Rd
Ackworth
Nr Pontefract
West Yorkshire
WF7 7LY

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (2 active · 1 resigned)

ROSLYN, Kathryn Susan
secretary
View their other companies + combined net worth →
Active
HINITT, David Michael
director · ~68y
View their other companies + combined net worth →
Active
HINITT, Doreen
director · ~104y · resigned 2000-04-06
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Yorkshire Bank PLC.
Legal mortgage1 property30/09/198616/11/2011

Recent filings (95 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-15