PROCTERS CHEESES LIMITED

🌳Matureactive
02785393 · ltd · incorporated 1993-02-01
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 20.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 10511
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 85-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 85). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 20.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 20.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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 (5 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Average employees111000

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
3
filings
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-02-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-01-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-02-05
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2025-02-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-02-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-02-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-02-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-08-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2018-11-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2018-02-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2012-11-06
    🔓
    Charge satisfied #1
  18. 2006-01-04
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  19. 2005-03-21
    PROCTER, Susan Dawn appointed
    director
  20. 2004-12-16
    PROCTER, Timothy resigned
    director
  21. 1993-05-17
    PROCTER, Timothy appointed
    director
  22. 1993-03-01
    BARWISE, Jane Helen appointed
    director
  23. 1993-02-15
    PROCTER, Jane Christine appointed
    secretary
  24. 1993-02-15
    PROCTER, Jane Christine appointed
    director
  25. 1993-02-15
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  26. 1993-02-15
    PROCTER, Timothy appointed
    director
  27. 1993-02-15
    INSTANT COMPANIES LIMITED resigned
    corporate-nominee-director
  28. 1993-02-01
    🏢
    Company incorporated
    As PROCTERS CHEESES LIMITED
  29. 1993-02-01
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  30. 1993-02-01
    INSTANT COMPANIES LIMITED appointed
    corporate-nominee-director

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "PROCTER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 33 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Jane Christine Procter
Individual · British · DOB 04/1941 · age 85
5075%
50–75%50-75% shares · 50-75% voting01/07/2016

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 →
🔒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
Incorporated1993-02-01
Jurisdictionengland-wales
Primary SIC10511 — SIC 10511

Registered office

The Cheese Warehouse, Saunders
Raike, Chipping
Preston
Lancashire
PR3 2QR

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-15
Last: 2026-02-01

Officers (5 active · 3 resigned)

PROCTER, Jane Christine
secretary · appointed 1993-02-15
View their other companies + combined net worth →
Active
BARWISE, Jane Helen
director · ~60y · appointed 1993-03-01
View their other companies + combined net worth →
Active
PROCTER, Jane Christine
director · ~85y · appointed 1993-02-15
View their other companies + combined net worth →
Active
PROCTER, Susan Dawn
director · ~59y · appointed 2005-03-21
View their other companies + combined net worth →
Active
PROCTER, Timothy
director · ~59y · appointed 1993-05-17
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 1993-02-01 · resigned 1993-02-15
Resigned
PROCTER, Timothy
director · ~90y · appointed 1993-02-15 · resigned 2004-12-16
Resigned
INSTANT COMPANIES LIMITED
corporate-nominee-director · appointed 1993-02-01 · resigned 1993-02-15
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
Barclays
Barclays Bank PLC
Debenture1 property04/01/200606/11/2012

Recent filings (104 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-02
change-person-director-company-with-change-date
officers · CH01
2026-02-02
change-person-director-company-with-change-date
officers · CH01
2026-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
change-person-secretary-company-with-change-date
officers · CH03
2025-02-05
change-person-director-company-with-change-date
officers · CH01
2025-02-05
change-person-director-company-with-change-date
officers · CH01
2025-02-05
change-person-director-company-with-change-date
officers · CH01
2025-02-05
change-person-director-company-with-change-date
officers · CH01
2025-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-02