CHIPPING SODBURY CARAVANS LIMITED
- 45200SIC 45200
- 47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 83). 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
3 live charges · 3 lenders · oldest 18.1y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 18.1 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: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 1700 | 1700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (23 events)Click to expand
- 2025-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-02-09🔓Charge satisfied #2
- 2016-01-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-06-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-05-22📄capital-alter-shares-subdivisioncapital · SH02
- 2015-05-08📄resolutionresolution · RESOLUTIONS
- 2014-04-23🔒Charge registered #3Lender: Lloyds Bank PLC
- 2014-01-17➖PICKFORD, Michael Frederick resigneddirector
- 2012-02-17🔓Charge satisfied #1
- 2011-09-01🔒Charge registered #2Lender: Hsbc Bank PLC
- 2008-06-13🔒Charge registered #1Lender: National Westminster Bank PLC
- 2006-06-01➕PICKFORD, James Michael appointeddirector
- 1987-04-10🏢Company incorporatedAs CHIPPING SODBURY CARAVANS LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 83 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 39 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Mary Louise Pickford Individual · British · DOB 09/1943 · age 83 | — | — | sig. influencesignificant influence | 01/07/2016 |
Mr James Michael Pickford Individual · British · DOB 07/1973 · age 53 | — | — | sig. influencesignificant influence | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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7 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 →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
Registered office
Filing status
Officers (3 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 23/04/2014 | — | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 01/09/2011 | 09/02/2016 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 13/06/2008 | 17/02/2012 |