CABLE GRIPS (MINEHEAD) LIMITED

💤Zombieactive
02567539 · ltd · incorporated 1990-12-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 14.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 14.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
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
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees12001100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (29 events)Click to expand
  1. 2025-08-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-09-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-09-08
    🔓
    Charge satisfied #1
  5. 2023-12-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-09-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-12-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2020-11-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2019-06-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2018-06-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2017-06-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2016-04-20
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  13. 2015-12-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2015-12-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-11-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2015-10-31
    BAUER, Werner resigned
    director
  17. 2015-10-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2015-10-28
    STAEHR, Christian appointed
    director
  19. 2014-10-16
    WOODS, Roger James resigned
    secretary
  20. 2011-12-01
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  21. 2007-07-28
    WOODS, Roger James appointed
    secretary
  22. 2007-07-27
    DAVIS, Alan Richard resigned
    secretary
  23. 1995-11-25
    CIELKER, Werner resigned
    director
  24. 1993-09-01
    BAUER, Werner appointed
    director
  25. 1993-08-31
    SHOREY, Louis William resigned
    director
  26. 1992-12-10
    CIELKER, Werner appointed
    director
  27. 1992-12-10
    DAVIS, Alan Richard resigned
    director
  28. 1992-12-10
    HILL, Keith William resigned
    director
  29. 1990-12-11
    🏢
    Company incorporated
    As CABLE GRIPS (MINEHEAD) LIMITED

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 36 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Katimex Cielker Gmbh is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Katimex Cielker Gmbh
Corporate parent · holds 75-100% shares · board control
ultimate parent
CABLE GRIPS (MINEHEAD) LIMITED
This company · 02567539

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%
NameSharesVoting rightsNature of controlNotified
Katimex Cielker Gmbh
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated1990-12-11
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990

Registered office

Units 1a & 1b
Minehead Enterprise Park Mart Road
Minehead
Somerset
TA24 5BJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-17
Last: 2025-11-03

Officers (1 active · 7 resigned)

STAEHR, Christian
director · ~57y · appointed 2015-10-28
View their other companies + combined net worth →
Active
DAVIS, Alan Richard
secretary · resigned 2007-07-27
Resigned
WOODS, Roger James
secretary · appointed 2007-07-28 · resigned 2014-10-16
Resigned
BAUER, Werner
director · ~78y · appointed 1993-09-01 · resigned 2015-10-31
Resigned
CIELKER, Werner
director · ~89y · appointed 1992-12-10 · resigned 1995-11-25
Resigned
DAVIS, Alan Richard
director · ~98y · resigned 1992-12-10
Resigned
HILL, Keith William
director · ~93y · resigned 1992-12-10
Resigned
SHOREY, Louis William
director · ~109y · resigned 1993-08-31
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property01/12/201108/09/2024

Recent filings (106 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-07
accounts-with-accounts-type-small
accounts · AA
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-05
accounts-with-accounts-type-small
accounts · AA
2024-09-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-08
accounts-with-accounts-type-small
accounts · AA
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-07
accounts-with-accounts-type-small
accounts · AA
2022-09-20
accounts-with-accounts-type-small
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-23
accounts-with-accounts-type-small
accounts · AA
2020-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-12
confirmation-statement-with-updates
confirmation-statement · CS01
2019-11-12
accounts-with-accounts-type-small
accounts · AA
2019-06-13