CHESTNUT DAIRIES LIMITED
🌳Matureactive
02488792 · ltd · incorporated 1990-04-04
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 34.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.18M
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 10511
Sector: Manufacturing
Investor take
Special-situation opportunityDistressed food-drink with salvageable qualities — special-situations priority.
Opportunity 72/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 34.3y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 34.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (6 active, 6 linked, 5 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,175,261
Cash YoY
+253%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£468k
↑ 253% YoY
Net Worth
£1.2m
↑ 22% YoY
Current Assets
£1.5m
↑ 21% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-28 | 2024-03-28 |
|---|---|---|
| Total assets | £1.39M | £1.02M |
| Current assets | £1.48M | £1.23M |
| Cash | £467.8k | £132.4k |
| Debtors | £956.7k | £1.02M |
| Net assets | £1.18M | £963.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
5
filings
- • 4 officers
- • 1 persons-with-significant-control
Last 180 days
6
filings
- • 4 officers
- • 1 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-03-25📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-25📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-25📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-25📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-28📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-02-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-22📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-29➕VARLEY, Claire Rebecca appointeddirector
- 2017-09-29➕VARLEY, Danielle Susanah appointeddirector
- 2017-09-29➕VARLEY, Mathieu Eric appointeddirector
- 1992-03-02🔒Charge registered #2Lender: Lloyds Bank PLC
- 1992-03-02🔒Charge registered #1Lender: Lloyds Bank PLC
- 1990-04-04🏢Company incorporatedAs CHESTNUT DAIRIES LIMITED
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +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
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-18
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Eric Walter Varley Individual · British · DOB 11/1947 · age 79 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Susan Varley Individual · British · DOB 06/1953 · age 73 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 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
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|---|---|---|---|---|---|---|---|
| BENSON PARK LIMITED→ 04508360 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BRAINWORKS (FOOD) LIMITED→ 10340963 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BROCKLESBY LIMITED→ 03333029 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| CAKEY BAKEY NEWPORT, BROUGH LIMITED→ 16643744 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHAMBERS & FARGUS LIMITED→ 02352279 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| CHRISSROFOOD LIMITED→ 16313449 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CRANSWICK COUNTRY FOODS PLC→ 01803402 · est 1984 · no financials extracted | — | — | — | — | 42y | — | — |
| CRANSWICK PET PRODUCTS LIMITED→ 00896298 · est 1967 · no financials extracted | — | — | — | — | 59y | — | — |
| CRISP SALES DEVELOPMENT LTD→ 09195366 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| DANJAN VENTURES LTD→ 11482632 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DEEZ PASTRIES LIMITED→ 16472874 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DONMI CATERING LTD→ 16915140 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1990-04-04
Jurisdictionengland-wales
Primary SIC10511 — SIC 10511
Registered office
Stud Farm
Seaton
Hull
HU11 5RJ
Filing status
Accounts
Next due: 2026-12-28
Last made up to: 2025-03-28
Confirmation statement
Next due: 2026-04-18OVERDUE
Last: 2025-04-04
Officers (6 active · 0 resigned)
Active
VARLEY, Claire Rebecca→
Activedirector · ~52y · appointed 2017-09-29
View their other companies + combined net worth →
VARLEY, Danielle Susanah→
Activedirector · ~47y · appointed 2017-09-29
View their other companies + combined net worth →
Active
VARLEY, Mathieu Eric→
Activedirector · ~50y · appointed 2017-09-29
View their other companies + combined net worth →
Active
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 02/03/1992 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | Single debenture | — | 02/03/1992 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (101 total)
change-person-director-company-with-change-date
officers · CH01
2026-03-25
change-person-director-company-with-change-date
officers · CH01
2026-03-25
change-person-director-company-with-change-date
officers · CH01
2026-03-25
change-person-director-company-with-change-date
officers · CH01
2026-03-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
change-account-reference-date-company-previous-extended
accounts · AA01
2024-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-02
change-person-director-company-with-change-date
officers · CH01
2024-02-22
change-person-director-company-with-change-date
officers · CH01
2024-02-22
change-person-secretary-company-with-change-date
officers · CH03
2024-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-06-30