CALINNOVA LTD

🌳Matureactive
02920686 · ltd · incorporated 1994-04-20
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.
🔒Estimated value
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Turnover
year to Sept 2024
Net worth
£112.2k
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 10920
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46900Non-specialised wholesale trade
  • 47760SIC 47760
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -32% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 28.9y

45/100
under pressure

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

  • · Oldest live charge is 28.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 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
9 officers (4 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
96 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £112,190
Net assets shrinking
Down £51,291 YoY
Cash YoY
-32%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£71k
↓ 32% YoY
Net Worth
£112k
↓ 31% YoY
Current Assets
£179k
↓ 26% YoY
Current Liabilities
£0£48k£97k£145k£193k£242kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£115.4k£166.7k
Current assets£178.6k£241.5k
Cash£71.2k£105.4k
Debtors£11.4k£16.1k
Net assets£112.2k£163.5k

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-10-29
    HOLLEY, Marcus Richard appointed
    director
  2. 2025-10-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-06-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2017-01-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2016-09-30
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2016-06-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-05-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 1997-12-18
    DAVIS, Colin Michael resigned
    director
  18. 1997-07-11
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  19. 1994-08-12
    GREEN, Sally Belinda appointed
    secretary
  20. 1994-08-12
    GREEN, Malcolm Geoffrey appointed
    director
  21. 1994-08-12
    GREEN, Sally Belinda appointed
    director
  22. 1994-08-12
    DAVIS, Jennifer resigned
    secretary
  23. 1994-08-12
    GESTIER, Anthony William resigned
    director
  24. 1994-05-05
    DAVIS, Jennifer appointed
    secretary
  25. 1994-05-05
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  26. 1994-05-05
    DAVIS, Colin Michael appointed
    director
  27. 1994-05-05
    GESTIER, Anthony William appointed
    director
  28. 1994-05-05
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director
  29. 1994-04-20
    🏢
    Company incorporated
    As CALINNOVA LTD
  30. 1994-04-20
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  31. 1994-04-20
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
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 73 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • 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

Greenteam Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Greenteam Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
CALINNOVA LTD
This company · 02920686

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
Greenteam Holdings Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting17/09/2016

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 →

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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
Incorporated1994-04-20
Jurisdictionengland-wales
Primary SIC10920 — SIC 10920

Registered office

Calinnova Ltd Unit 21
Spring Mill, Avening Road
Nailsworth, Stroud
GL6 0BS
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-05-04
Last: 2026-04-20

Officers (4 active · 5 resigned)

GREEN, Sally Belinda
secretary · appointed 1994-08-12
View their other companies + combined net worth →
Active
GREEN, Malcolm Geoffrey
director · ~73y · appointed 1994-08-12
View their other companies + combined net worth →
Active
GREEN, Sally Belinda
director · ~71y · appointed 1994-08-12
View their other companies + combined net worth →
Active
HOLLEY, Marcus Richard
director · ~44y · appointed 2025-10-29
View their other companies + combined net worth →
Active
DAVIS, Jennifer
secretary · appointed 1994-05-05 · resigned 1994-08-12
Resigned
WATERLOW SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1994-04-20 · resigned 1994-05-05
Resigned
DAVIS, Colin Michael
director · ~81y · appointed 1994-05-05 · resigned 1997-12-18
Resigned
GESTIER, Anthony William
director · ~71y · appointed 1994-05-05 · resigned 1994-08-12
Resigned
WATERLOW NOMINEES LIMITED
corporate-nominee-director · appointed 1994-04-20 · resigned 1994-05-05
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Debenture1 property11/07/1997
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (96 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-29
appoint-person-director-company-with-name-date
officers · AP01
2025-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-21