FFOREST PARC BAKERY LIMITED
🌳Matureactive
02471724 · ltd · incorporated 1990-02-19
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 Aug 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 77/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
12 live charges · 9 lenders · oldest 33.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 33.4 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — 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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 | 2025-08-31 | 2024-08-31 |
|---|
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
1
filing
- • 1 accounts
Last 180 days
4
filings
- • 2 persons-with-significant-control
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2026-05-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2026-03-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-25🔒Charge registered #12Lender: Swansea Building Society
- 2025-07-25🔓Charge satisfied #11
- 2025-02-12➕GREY, Andrew Paul appointeddirector
- 2025-02-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-12🔒Charge registered #11Lender: Lht Swansea Limited
- 2022-03-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-22🔓Charge satisfied #10
- 2022-03-22🔓Charge satisfied #9
- 2022-03-22🔓Charge satisfied #7
- 2022-02-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-03-16🔒Charge registered #10Lender: Lloyds Bank Commercial Finance LTD
- 2020-02-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-02-05🔓Charge satisfied #8
- 2018-06-28🔒Charge registered #9Lender: Lsc Finance Limited
- 2009-04-25🔓Charge satisfied #6
- 2009-04-24🔒Charge registered #8Lender: Barclays Bank PLC
- 2008-02-29🔓Charge satisfied #4
- 2008-02-26🔒Charge registered #7Lender: Base Commercial Mortgages Limited
- 2008-02-22🔓Charge satisfied #5
- 2006-11-10🔒Charge registered #6Lender: Barclays Bank PLC
- 2006-05-31➖GREY, Joseph Thomas resigneddirector
- 2000-10-18🔓Charge satisfied #3
- 2000-10-18🔓Charge satisfied #2
- 2000-10-18🔓Charge satisfied #1
- 1999-11-23🔒Charge registered #5Lender: Hsbc Bank PLC
- 1999-11-23🔒Charge registered #4Lender: Hsbc Bank PLC
- 1994-09-30🔒Charge registered #3Lender: Allied Mills Limited
- 1994-09-30🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1993-02-24🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1990-02-19🏢Company incorporatedAs FFOREST PARC BAKERY LIMITED
Owner dependency
81/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 75 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
26/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — GREY, Andrew Paul (same surname) appointed 2025-02-12. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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.
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Paul Grey Individual · British · DOB 07/1980 · age 46 | 25–50% | — | 25-50% shares | 10/07/2025 |
Mr Paul Richard Grey Individual · British · DOB 07/1951 · age 75 | 25–50% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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
Active · Food & drink · SA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DWR PENCEIBWR WATER LIMITED→ 16491179 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ELDERMIST LTD→ 16941743 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ENNIS PRESERVES LIMITED→ 15760013 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| EYNON'S OF ST CLEARS LIMITED→ 04441700 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| FELINFOEL BREWERY COMPANY LIMITED(THE)→ 00090279 · est 1906 · no financials extracted | — | — | — | — | 119y | — | — |
| FFYNNON CARREG LIMITED→ 08160190 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| FLOW CHOCOLATE LTD→ 12329436 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| FORGE BREWING COMPANY LTD→ 16746072 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FUNCLES BAKERY LTD→ 15717500 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GARETH'S DELICIOUS DELIGHTS LTD→ 11802989 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| GK BENCH LIMITED→ 10625917 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| GLOBAL MEAT SUPPLIERS LTD→ 16324210 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1990-02-19
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered office
Llwyn Y Graig Llwyn Y
Garngoch Ind Estate
Swansea
West Glamorgan
SA4 9WG
Wales
Filing status
Accounts
Next due: 2027-05-30
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19
Officers (3 active · 1 resigned)
Active
GREY, Andrew Paul→
Activedirector · ~46y · appointed 2025-02-12
View their other companies + combined net worth →
Active
GREY, Joseph Thomas→
Resigneddirector · ~103y · resigned 2006-05-31
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
1
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Swansea Building Society | A registered charge | 1 property | 25/07/2025 | — | |
| satisfied | Lht Swansea Lht Swansea Limited | A registered charge | 1 property | 12/05/2023 | 25/07/2025 | |
| satisfied | Lloyds Banking Group Lloyds Bank Commercial Finance LTD | A registered charge | — | 16/03/2020 | 22/03/2022 | |
| satisfied | Lsc Finance Lsc Finance Limited | A registered charge | 1 property | 28/06/2018 | 22/03/2022 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 24/04/2009 | 05/02/2020 | |
| satisfied | Base Commercial Mortgages Base Commercial Mortgages Limited | Mortgage | 2 properties | 26/02/2008 | 22/03/2022 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 10/11/2006 | 25/04/2009 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 23/11/1999 | 22/02/2008 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 23/11/1999 | 29/02/2008 | |
| satisfied | Allied Mills Allied Mills Limited | Legal charge | 2 properties | 30/09/1994 | 18/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 30/09/1994 | 18/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 24/02/1993 | 18/10/2000 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (118 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-05-28
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-28
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
appoint-person-director-company-with-name-date
officers · AP01
2025-02-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
mortgage-satisfy-charge-full
mortgage · MR04
2022-03-22