CANATRICE LIMITED

🌳Matureactive

01211471 · ltd · incorporated 1975-05-07

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

—

year to Jun 2025

Net worth

—

book net assets

Opportunity

75/100

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 87-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 87). 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 (45/100).

🏦

Refinance opportunity

11 live charges · 3 lenders · oldest 41.6y

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 41.6 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 50/100 (high).

Data confidence

Overall: medium (78/100)

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

Lenders & charges

11 charges (11/11 with lender, 11/11 with type)

Directors & officers

5 officers (4 active, 5 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

Network not yet resolved

Filing history

109 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

75/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-06-30	2024-06-30
Average employees	1100	1100

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2026-01-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-02
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-02
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-15
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-01-09
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-04-01
➕
WARD, David appointed
director
2008-04-01
➕
WARD, David appointed
director
2008-04-01
➖
WARD, David resigned
director
1998-10-28
🔓
Charge satisfied #8
1998-05-19
🔒
Charge registered #11
Lender: Barclays Bank PLC
1998-05-19
🔒
Charge registered #10
Lender: Barclays Bank PLC
1998-05-19
🔒
Charge registered #9
Lender: Barclays Bank PLC
1992-02-04
🔒
Charge registered #8
Lender: Tsb Bank PLC
1992-02-04
🔒
Charge registered #7
Lender: Tsb Bank PLC
1990-02-07
🔓
Charge satisfied #1
1990-02-07
🔓
Charge satisfied #4
1990-02-07
🔓
Charge satisfied #3
1990-02-07
🔓
Charge satisfied #2
1989-06-27
🔒
Charge registered #6
Lender: Tsb Bank PLC.
1989-06-27
🔒
Charge registered #5
Lender: Tsb Bank PLC.
1987-01-14
🔒
Charge registered #1
Lender: Barclays Bank PLC
1985-02-08
🔒
Charge registered #4
Lender: Barclays Bank PLC
1984-11-30
🔒
Charge registered #3
Lender: Barclays Bank PLC
1984-11-30
🔒
Charge registered #2
Lender: Barclays Bank PLC
1975-05-07
🏢
Company incorporated
As CANATRICE 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

+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 87 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100

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 87 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 18 years.
secondaryStable-but-static management: Company is 51 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 low

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

6 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Cyril Ward Individual · British · DOB 08/1939 · age 87	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

2 historic (ceased) PSCs

Mr David Wardceased 02/10/2023· significant influence
Margaret Audrey Wardceased 02/10/2023· significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Food & drink · NE postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BARI TEA WHOLESALE LTD→ 11162335 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
BIONAID LTD→ 13901435 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
BLUE HOUSE BEVERAGE COMPANY LIMITED→ 16480778 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BREAD ON THE TYNE LTD→ 12035885 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
BREWIS BEER CO LTD→ 11722030 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
BRYONY'S BOTANICALS LTD→ 16007581 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
CACAO BREW LTD→ 11417563 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
CAKES UNUSUAL LIMITED→ 16733055 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CAKEVILLE PATISSERIE LIMITED→ 16182241 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CANNY GOAT LIMITED→ 11746412 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
CANNY SOURDOUGH LTD→ 15639537 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
CARIBE COFFEE COMPANY LTD→ 11221846 · est 2018 · no financials extracted	—	—	—	—	8y	—	—

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

Incorporated1975-05-07

Jurisdictionengland-wales

Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

63 North King St

North Shields

Tyne & Wear

NE30 2EA

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-10-15

Last: 2025-10-01

Officers (4 active · 1 resigned)

WARD, Margaret Audrey→

secretary

View their other companies + combined net worth →

Active

WARD, Cyril→

director · ~87y

View their other companies + combined net worth →

Active

WARD, David→

director · ~53y · appointed 2008-04-01

View their other companies + combined net worth →

Active

WARD, Margaret Audrey→

director · ~79y

View their other companies + combined net worth →

Active

WARD, David→

director · ~41y · appointed 2008-04-01 · resigned 2008-04-01

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:11 of 11 shown

		Type	Properties
outstanding	Barclays Barclays Bank PLC	Legal charge	1 property	19/05/1998	—
outstanding	Barclays Barclays Bank PLC	Legal charge	1 property	19/05/1998	—
outstanding	Barclays Barclays Bank PLC	Legal charge	1 property	19/05/1998	—
satisfied	Lloyds Banking Group Tsb Bank PLC	Legal charge	2 properties	04/02/1992	28/10/1998
outstanding	Lloyds Banking Group Tsb Bank PLC	Mortgage debenture	1 property	04/02/1992	—
outstanding	Lloyds Banking Group Tsb Bank PLC.	Legal charge	1 property	27/06/1989	—
outstanding	Lloyds Banking Group Tsb Bank PLC.	Legal charge	1 property	27/06/1989	—
satisfied	Barclays Barclays Bank PLC	Legal charge	1 property	14/01/1987	07/02/1990
satisfied	Barclays Barclays Bank PLC	Legal charge	2 properties	08/02/1985	07/02/1990
satisfied	Barclays Barclays Bank PLC	Legal charge	1 property	30/11/1984	07/02/1990
satisfied	Barclays Barclays Bank PLC	Legal charge	1 property	30/11/1984	07/02/1990

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (109 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-01-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-07

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-12-09

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-02

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-10-02

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-10-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-02-12

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-09

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-11-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-12

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-11-17

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-10-07

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-11-16

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2020-11-16

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2020-11-16