DRINKWATER'S MUSHROOMS LIMITED
🌳Matureactive
01540571 · ltd · incorporated 1981-01-22
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
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£4.82M
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 01130
Sector: Agriculture, forestry & fishing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (60/100, director aged 59). Share purchase looks the cleaner deal structure. 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 (65/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 19.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 19.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
130 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
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £4,822,161
Cash YoY
+9%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3.2m
↑ 8.8% YoY
Net Worth
£4.8m
↑ 5.7% YoY
Current Assets
£4.9m
↑ 6.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £5.18M | £4.94M |
| Current assets | £4.88M | £4.57M |
| Cash | £3.15M | £2.90M |
| Debtors | £1.20M | £1.18M |
| Net assets | £4.82M | £4.56M |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-12-05📄accounts-with-accounts-type-mediumaccounts · AA
- 2025-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-14🔓Charge satisfied #4
- 2025-10-14🔓Charge satisfied #3
- 2025-10-14🔓Charge satisfied #2
- 2025-10-14🔓Charge satisfied #1
- 2025-09-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-09-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-09-17📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-06📄accounts-with-accounts-type-fullaccounts · AA
- 2023-02-09📄accounts-with-accounts-type-fullaccounts · AA
- 2022-02-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-01➕DRINKWATER, Jane Alicia appointeddirector
- 2022-01-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-25➖DRINKWATER, Phyllis resigneddirector
- 2021-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-09-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-09-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-21➖DRINKWATER, Phyllis resignedsecretary
- 2021-09-21➖DRINKWATER, Kenneth resigneddirector
- 2020-10-19📄accounts-with-accounts-type-fullaccounts · AA
- 2019-12-06➖SHARPE, Harlan Kemp resigneddirector
- 2019-06-14🔒Charge registered #5Lender: Hsbc UK Bank PLC
- 2012-07-09🔒Charge registered #4Lender: National Westminster Bank PLC
- 2012-02-22🔒Charge registered #3Lender: National Westminster Bank PLC
- 2011-10-19🔒Charge registered #2Lender: National Westminster Bank PLC
- 2007-03-22🔒Charge registered #1Lender: Barclays Bank PLC
- 2005-02-01➕SHARPE, Harlan Kemp appointeddirector
- 2002-08-21➕DRINKWATER, Kenneth Stephen appointeddirector
- 2002-08-21➕DRINKWATER, Philip Edward appointeddirector
- 1981-01-22🏢Company incorporatedAs DRINKWATER'S MUSHROOMS LIMITED
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Founder name in company name: Company name contains director surname "DRINKWATER" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 46 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
Ruby Star Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ruby Star Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
DRINKWATER'S MUSHROOMS LIMITED
This company · 01540571
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 |
|---|---|---|---|---|
Ruby Star Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 09/09/2025 |
3 historic (ceased) PSCs
- Mr Kenneth Stephen Drinkwaterceased 09/09/2025· 75-100% shares · 75-100% voting · board control
- Mrs Phyllis Drinkwaterceased 21/09/2021· 25-50% shares · 25-50% voting
- Mr Kenneth Drinkwaterceased 21/09/2021· 25-50% shares · 25-50% voting
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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|---|---|---|---|---|---|---|---|
| A J BOLSOVER & SON LTD→ 11462251 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARMISTEAD'S EGGS LIMITED→ 13792328 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BENTHAM AND DISTRICT FARMERS' AUCTION MART COMPANY,LIMITED(THE)→ 00076760 · est 1903 · no financials extracted | — | — | — | — | 123y | — | — |
| BUBBLE AND SQUEAK DOG SPA LIMITED→ 15521224 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CLAUGHTON HALL (BISONS) LIMITED→ 02106061 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| CLAUGHTON HALL ESTATE LIMITED→ 12461461 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| D. LATHAM LIMITED→ 00665439 · est 1960 · no financials extracted | — | — | — | — | 65y | — | — |
| DAN MAGUIRE HOOF TRIMMING LIMITED→ 15632324 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| DAVE AINSWORTH LTD→ 06469660 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| DEWOLF BUSHCRAFT CIC→ 13595268 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DIVINY LIVERY LIMITED→ 06655129 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| DODGSON WOOD LTD→ 16253391 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1981-01-22
Jurisdictionengland-wales
Primary SIC01130 — SIC 01130
Registered office
Dalton House
9 Dalton Square
Lancaster
LA1 1WD
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01
Officers (3 active · 4 resigned)
DRINKWATER, Jane Alicia→
Activedirector · ~57y · appointed 2022-02-01
View their other companies + combined net worth →
DRINKWATER, Kenneth Stephen→
Activedirector · ~53y · appointed 2002-08-21
View their other companies + combined net worth →
DRINKWATER, Philip Edward→
Activedirector · ~59y · appointed 2002-08-21
View their other companies + combined net worth →
DRINKWATER, Phyllis→
Resignedsecretary · resigned 2021-09-21
DRINKWATER, Kenneth→
Resigneddirector · ~83y · resigned 2021-09-21
DRINKWATER, Phyllis→
Resigneddirector · ~80y · resigned 2022-01-25
SHARPE, Harlan Kemp→
Resigneddirector · ~66y · appointed 2005-02-01 · resigned 2019-12-06
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 14/06/2019 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 09/07/2012 | 14/10/2025 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 22/02/2012 | 14/10/2025 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 19/10/2011 | 14/10/2025 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 22/03/2007 | 14/10/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (130 total)
accounts-with-accounts-type-medium
accounts · AA
2025-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-09-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-full
accounts · AA
2024-09-17
accounts-with-accounts-type-full
accounts · AA
2024-02-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-full
accounts · AA
2023-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-17
appoint-person-director-company-with-name-date
officers · AP01
2022-02-17