CREDITON MILLING COMPANY LIMITED
🌳Matureactive
00813541 · ltd · incorporated 1964-07-22
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 10910
Sector: Manufacturing
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 77). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
11 live charges · 5 lenders · oldest 51.3y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 51.3 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
13 officers (8 active, 13 linked, 12 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
144 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
5
filings
- • 5 officers
Last 90 days
5
filings
- • 5 officers
Last 180 days
6
filings
- • 5 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
- 2026-05-22📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-22📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-22📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-22📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-22📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-01-29📄accounts-with-accounts-type-fullaccounts · AA
- 2025-12-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-05-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-23🔒Charge registered #11Lender: Barclays Bank PLC
- 2024-12-27📄accounts-with-accounts-type-fullaccounts · AA
- 2024-07-18📄change-person-director-company-with-change-dateofficers · CH01
- 2024-04-26📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-03-22📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-06-23📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-12-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-12-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-05-25📄accounts-with-accounts-type-fullaccounts · AA
- 2022-05-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-03-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-28➕RANCE, Matthew William appointeddirector
- 2022-01-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-31➖VANSTONE, Michael John resigneddirector
- 2021-09-17🔒Charge registered #10Lender: Barclays Bank PLC of Lending Operations, Po Box 299, Birmingham, B1 3PF
- 2018-02-23➕BRIMILCOMBE, Scott John appointeddirector
- 2015-10-19➕GULLEY, Stephen John appointeddirector
- 2012-12-12🔒Charge registered #9Lender: Barclays Bank PLC
- 2011-07-28🔒Charge registered #8Lender: Barclays Bank PLC
- 2009-06-30➖GULLEY, Ian William resigneddirector
- 2008-09-29🔒Charge registered #7Lender: Barclays Bank PLC
- 2008-04-01🔒Charge registered #6Lender: Barclays Bank PLC
- 2007-01-31➕POWER, Andrew Theo appointeddirector
- 2003-04-02➖GULLEY, Geoffrey William resigneddirector
- 2002-07-15➕CRANG, Russell William John appointeddirector
- 2002-07-15➕GULLEY, Mark James appointeddirector
- 2000-03-31➖STEPHENS, David Alwyn resigneddirector
- 1999-08-06🔓Charge satisfied #5
- 1997-07-01➕STEPHENS, David Alwyn appointeddirector
- 1997-07-01➕VANSTONE, Michael John appointeddirector
- 1995-10-27🔓Charge satisfied #4
- 1995-10-11🔓Charge satisfied #3
- 1995-10-11🔓Charge satisfied #2
- 1995-02-20➖GULLEY, Hettie Louisa resigneddirector
- 1993-10-01🔒Charge registered #5Lender: Hettie Louisa Gulley
- 1993-08-18🔒Charge registered #4Lender: Close Brothers Limited
- 1991-07-19🔒Charge registered #3Lender: Close Brothers Limited
- 1990-08-28🔒Charge registered #2Lender: Close Brothers Limited
- 1975-02-03🔒Charge registered #1Lender: Barclays Bank LTD
- 1964-07-22🏢Company incorporatedAs CREDITON MILLING COMPANY LIMITED
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -7 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
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 77 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 62 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Cmc Holdings (Sw) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Cmc Holdings (Sw) Ltd
Corporate parent · holds 75-100% shares · board control
⬇
CREDITON MILLING COMPANY LIMITED
This company · 00813541
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 Holdings (Sw) Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 25/05/2021 |
1 historic (ceased) PSC
- Mr Mark James Gulleyceased 26/05/2021· 25-50% shares · firm interest
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.
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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
Incorporated1964-07-22
Jurisdictionengland-wales
Primary SIC10910 — SIC 10910
Registered office
Fordton Mill
Fordton
Crediton
Devon
EX17 3DH
Filing status
Accounts
Next due: 2027-03-28
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06
Officers (8 active · 5 resigned)
Active
BRIMILCOMBE, Scott John→
Activedirector · ~49y · appointed 2018-02-23
View their other companies + combined net worth →
CRANG, Russell William John→
Activedirector · ~56y · appointed 2002-07-15
View their other companies + combined net worth →
GULLEY, Mark James→
Activedirector · ~50y · appointed 2002-07-15
View their other companies + combined net worth →
Active
GULLEY, Stephen John→
Activedirector · ~46y · appointed 2015-10-19
View their other companies + combined net worth →
POWER, Andrew Theo→
Activedirector · ~52y · appointed 2007-01-31
View their other companies + combined net worth →
RANCE, Matthew William→
Activedirector · ~49y · appointed 2022-02-28
View their other companies + combined net worth →
GULLEY, Geoffrey William→
Resigneddirector · ~74y · resigned 2003-04-02
GULLEY, Hettie Louisa→
Resigneddirector · ~105y · resigned 1995-02-20
GULLEY, Ian William→
Resigneddirector · ~77y · resigned 2009-06-30
STEPHENS, David Alwyn→
Resigneddirector · ~75y · appointed 1997-07-01 · resigned 2000-03-31
VANSTONE, Michael John→
Resigneddirector · ~71y · appointed 1997-07-01 · resigned 2021-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
7
Outstanding
1
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 23/05/2025 | — | |
| outstanding | Barclays Barclays Bank PLC of Lending Operations, Po Box 299, Birmingham, B1 3PF | A registered charge | 1 property | 17/09/2021 | — | |
| outstanding | Barclays Barclays Bank PLC | Guarantee and debenture | 1 property | 12/12/2012 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 28/07/2011 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 29/09/2008 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 01/04/2008 | — | |
| satisfied | Hettie Louisa Gulley | Debenture | 1 property | 01/10/1993 | 06/08/1999 | |
| satisfied | Close Brothers Close Brothers Limited | Credit agreement | 1 property | 18/08/1993 | 27/10/1995 | |
| satisfied | Close Brothers Close Brothers Limited | Credit agreement | 1 property | 19/07/1991 | 11/10/1995 | |
| satisfied | Close Brothers Close Brothers Limited | Credit agreement | 1 property | 28/08/1990 | 11/10/1995 | |
| outstanding | Barclays Barclays Bank LTD | Debenture | 1 property | 03/02/1975 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (144 total)
change-person-director-company-with-change-date
officers · CH01
2026-05-22
change-person-director-company-with-change-date
officers · CH01
2026-05-22
change-person-director-company-with-change-date
officers · CH01
2026-05-22
change-person-director-company-with-change-date
officers · CH01
2026-05-22
change-person-secretary-company-with-change-date
officers · CH03
2026-05-22
accounts-with-accounts-type-full
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-12-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-27
accounts-with-accounts-type-full
accounts · AA
2024-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
change-person-director-company-with-change-date
officers · CH01
2024-07-18
accounts-with-accounts-type-full
accounts · AA
2024-04-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-25
change-account-reference-date-company-previous-extended
accounts · AA01
2024-03-22