CORNISH MEAD CO.LIMITED
🌳Matureactive
00584062 · ltd · incorporated 1957-05-16
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 53.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 11030
Sector: Manufacturing
ALSO REGISTERED FOR
- 41100Development of building projects
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
16 live charges · 2 lenders · oldest 53.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 53.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
133 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Cash | — | £329.4k |
| Net assets | — | £730.0k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (55 events)Click to expand
- 2025-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-09-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-09-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-22➖LEIWORTHY, Sidney Thomas resigneddirector
- 2023-04-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-06📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-05📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2017-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-04-23🔓Charge satisfied #16
- 2012-07-01➕LEIWORTHY, Matthew appointedsecretary
- 2012-06-30➖MOORE, Julian William resignedsecretary
- 2012-06-30➖MOORE, Julian William resigneddirector
- 2000-12-01➕LEIWORTHY, Matthew Thomas appointeddirector
- 1997-09-17🔓Charge satisfied #15
- 1997-09-17🔓Charge satisfied #14
- 1997-09-17🔓Charge satisfied #13
- 1997-09-17🔓Charge satisfied #12
- 1997-09-17🔓Charge satisfied #11
- 1997-09-17🔓Charge satisfied #10
- 1997-09-17🔓Charge satisfied #9
- 1997-09-17🔓Charge satisfied #8
- 1997-09-17🔓Charge satisfied #7
- 1997-09-17🔓Charge satisfied #6
- 1997-09-17🔓Charge satisfied #5
- 1997-09-17🔓Charge satisfied #4
- 1997-09-17🔓Charge satisfied #3
- 1997-09-17🔓Charge satisfied #2
- 1997-09-17🔓Charge satisfied #1
- 1997-05-08🔒Charge registered #16Lender: The Royal Bank of Scotland PLC
- 1994-03-01🔒Charge registered #15Lender: Midland Bank PLC
- 1992-08-18🔒Charge registered #14Lender: Midland Bank PLC
- 1992-03-05🔒Charge registered #13Lender: Midland Bank PLC
- 1991-06-05🔒Charge registered #12Lender: Midland Bank PLC
- 1991-06-05🔒Charge registered #11Lender: Midland Bank PLC
- 1991-06-05🔒Charge registered #10Lender: Midland Bank PLC
- 1990-04-25🔒Charge registered #9Lender: Midland Bank PLC
- 1990-04-25🔒Charge registered #8Lender: Midland Bank PLC
- 1988-09-28🔒Charge registered #7Lender: Midland Bank PLC
- 1985-06-18🔒Charge registered #6Lender: Midland Bank PLC
- 1983-07-14🔒Charge registered #5Lender: Midland Bank PLC
Showing most recent 50 of 55 events
Owner dependency
76/100
High — earn-out structure requiredMaterial 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.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 69 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Cmc New Dawn Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Cmc New Dawn Limited
Corporate parent · holds 75-100% shares
⬇
CORNISH MEAD CO.LIMITED
This company · 00584062
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Cmc New Dawn Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 26/09/2023 |
2 historic (ceased) PSCs
- Long Rock Holdings Limitedceased 26/09/2023· 75-100% shares · 75-100% voting
- Mr Sidney Thomas Leiworthyceased 22/09/2023· 75-100% shares
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
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|---|---|---|---|---|---|---|---|
| AGNATE LIMITED→ 09270735 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BAITPAX LIMITED→ 15305994 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CAKECITY LTD→ 16611934 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHRISTOPHER ELLIS AND SON LIMITED→ 05918589 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| COLIN HARRY FLETCHER LIMITED→ 15577786 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CORNISH GEOTHERMAL DISTILLERY COMPANY LTD→ 12361436 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CORNISH SARDINE COMPANY LIMITED→ 08191110 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CORNWALL CIDER CO. LIMITED→ 08743140 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| COUNTY CONFECTIONERY LIMITED→ 02226904 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| CREPE CUISINE CORNWALL LTD→ 11738387 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CRIB AND CROUST LIMITED→ 11843964 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CULTURA LIVE FOOD LTD→ 16411301 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated1957-05-16
Jurisdictionengland-wales
Primary SIC11030 — SIC 11030
Registered office
The Mead House Mount Prospect Terrace
Newlyn
Penzance
Cornwall
TR18 5QF
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14
Officers (3 active · 3 resigned)
LEIWORTHY, Matthew→
Activesecretary · appointed 2012-07-01
View their other companies + combined net worth →
Active
LEIWORTHY, Matthew Thomas→
Activedirector · ~59y · appointed 2000-12-01
View their other companies + combined net worth →
MOORE, Julian William→
Resignedsecretary · resigned 2012-06-30
LEIWORTHY, Sidney Thomas→
Resigneddirector · ~88y · resigned 2023-09-22
MOORE, Julian William→
Resigneddirector · ~80y · resigned 2012-06-30
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
0
Outstanding
0
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 08/05/1997 | 23/04/2016 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 2 properties | 01/03/1994 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 2 properties | 18/08/1992 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 05/03/1992 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 05/06/1991 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 05/06/1991 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 05/06/1991 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 25/04/1990 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 25/04/1990 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 2 properties | 28/09/1988 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 2 properties | 18/06/1985 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 14/07/1983 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Mortgage | 1 property | 29/04/1974 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Mortgage | 1 property | 29/04/1974 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Mortgage | 1 property | 28/03/1973 | 17/09/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Mortgage | 1 property | 28/03/1973 | 17/09/1997 |
Recent filings (133 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-09-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-27
termination-director-company-with-name-termination-date
officers · TM01
2023-09-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-09-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-27
change-person-director-company-with-change-date
officers · CH01
2023-04-06
change-person-director-company-with-change-date
officers · CH01
2023-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-17