CORNWALL GROUP LIMITED
🌳Matureactive
03560161 · ltd · incorporated 1998-05-01
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
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 46130
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47520Retail sale of hardware, paints and glass in specialised stores
- 82990Other business support service activities n.e.c.
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (38/100).
🏦
Refinance opportunity
27 live charges · 4 lenders · oldest 28.1y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 28.1 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
27 charges (27/27 with lender, 27/27 with type)
90
Directors & officers
17 officers (4 active, 17 linked, 13 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
171 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
65
Some acquirability indicators.
Risk profile
74
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 · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | — | £14.63M |
| Current assets | — | £1.36M |
| Cash | — | £18.6k |
| Debtors | — | £1.34M |
| Net assets | — | £3.59M |
| Average employees | 29 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
5 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
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (96 events)Click to expand
- 2025-10-31📄accounts-with-accounts-type-groupaccounts · AA
- 2024-10-30📄accounts-with-accounts-type-groupaccounts · AA
- 2023-12-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-30🔒Charge registered #27Lender: Barclays Bank PLC
- 2023-10-24📄accounts-with-accounts-type-groupaccounts · AA
- 2023-08-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-28🔒Charge registered #26Lender: Barclays Bank PLC
- 2023-07-28🔒Charge registered #25Lender: G.J. Hendra Limited
- 2022-10-31📄accounts-with-accounts-type-groupaccounts · AA
- 2022-06-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-06🔓Charge satisfied #22
- 2022-04-06🔓Charge satisfied #21
- 2022-04-06🔓Charge satisfied #20
- 2022-04-06🔓Charge satisfied #19
- 2022-04-06🔓Charge satisfied #16
- 2022-04-06🔓Charge satisfied #15
- 2022-04-06🔓Charge satisfied #12
- 2022-04-06🔓Charge satisfied #10
- 2022-04-06🔓Charge satisfied #8
- 2022-03-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-24📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-18➕BUNT, Kathryn Elizabeth appointeddirector
- 2022-03-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-16🔓Charge satisfied #11
- 2021-12-21🔒Charge registered #24Lender: Barclays Bank PLC
- 2021-11-26🔓Charge satisfied #1
- 2021-03-01➖MITCHELL, David John resigneddirector
- 2021-02-24➖PHILLIPS, Martin Jeremy resigneddirector
- 2020-01-01➕JULIAN, Thomas Stuart appointeddirector
- 2019-07-01➕MITCHELL, Denise Pamela appointedsecretary
- 2019-06-30➖MITCHELL, Mark John resignedsecretary
- 2019-06-30➖GARRARD, Paul David resigneddirector
- 2019-06-30➖HERDMAN, Angus John resigneddirector
- 2019-06-30➖KNIGHT, Mark James resigneddirector
- 2019-06-30➖MITCHELL, Garry David resigneddirector
- 2019-06-30➖NORCLIFFE, Mark resigneddirector
- 2019-05-21🔒Charge registered #23Lender: Barclays Bank PLC
- 2019-03-18➖SAINT, Martin Colin resigneddirector
- 2017-11-24➖HERBERT, Mark Ivor resigneddirector
- 2017-11-24➖PROWSE, Matthew John resigneddirector
Showing most recent 50 of 96 events
Owner dependency
60/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark John Mitchell Individual · British · DOB 03/1970 · age 56 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
2 historic (ceased) PSCs
- Mr David John Mitchellceased 01/03/2021· 25-50% shares · 25-50% voting
- Mr Garry David Mitchellceased 30/06/2019· 25-50% shares · 25-50% voting
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 · Wholesale & distribution · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALL GOOD THINGS AGENCY LTD→ 16016928 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BEAUTIFULLY HANDCRAFTED LTD→ 08690925 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| C LOOKER LTD→ 10970198 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CARN BREA AUCTIONS LTD→ 10533481 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CHENOWETHS HOLDINGS LTD→ 11481003 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CMC NEW DAWN LIMITED→ 15010942 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| COFFEE CARGO LIMITED→ 11395285 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| COMPACT-BALING SOLUTIONS UK LIMITED→ 10760559 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CORNISH MILK MINERAL PAINT LTD→ 15209892 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CORNWALL AERIAL GUYS LTD→ 11695625 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CORNWALL GRANITE LIMITED→ 07611890 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| COUNTRYSIDE SEEDS LIMITED→ 10779614 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated1998-05-01
Jurisdictionengland-wales
Primary SIC46130 — SIC 46130
Registered office
Old Mansion House
9 Quay Street
Truro
Cornwall
TR1 2HE
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-15
Last: 2026-03-01
Officers (4 active · 13 resigned)
MITCHELL, Denise Pamela→
Activesecretary · appointed 2019-07-01
View their other companies + combined net worth →
BUNT, Kathryn Elizabeth→
Activedirector · ~31y · appointed 2022-03-18
View their other companies + combined net worth →
JULIAN, Thomas Stuart→
Activedirector · ~43y · appointed 2020-01-01
View their other companies + combined net worth →
MITCHELL, Mark John→
Activedirector · ~56y · appointed 1998-05-01
View their other companies + combined net worth →
MITCHELL, Mark John→
Resignedsecretary · appointed 1998-05-01 · resigned 2019-06-30
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-05-01 · resigned 1998-05-01
GARRARD, Paul David→
Resigneddirector · ~58y · appointed 2011-11-28 · resigned 2019-06-30
HERBERT, Mark Ivor→
Resigneddirector · ~57y · appointed 2015-11-11 · resigned 2017-11-24
HERDMAN, Angus John→
Resigneddirector · ~62y · appointed 2001-10-09 · resigned 2019-06-30
KNIGHT, Mark James→
Resigneddirector · ~51y · appointed 2015-11-11 · resigned 2019-06-30
MITCHELL, David John→
Resigneddirector · ~81y · appointed 1998-05-01 · resigned 2021-03-01
MITCHELL, Garry David→
Resigneddirector · ~54y · appointed 1998-05-01 · resigned 2019-06-30
NORCLIFFE, Mark→
Resigneddirector · ~65y · appointed 2008-09-01 · resigned 2019-06-30
PHILLIPS, Martin Jeremy→
Resigneddirector · ~59y · appointed 2001-10-09 · resigned 2021-02-24
PROWSE, Matthew John→
Resigneddirector · ~44y · appointed 2015-11-11 · resigned 2017-11-24
SAINT, Martin Colin→
Resigneddirector · ~61y · appointed 2015-11-11 · resigned 2019-03-18
INSTANT COMPANIES LIMITED→
Resignedcorporate-nominee-director · appointed 1998-05-01 · resigned 1998-05-01
Click a director name to see their full track record across all companies.
Mortgages & charges
27
Total charges
9
Outstanding
2
Active lenders
Status:Lender:27 of 27 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 30/11/2023 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 28/07/2023 | — | |
| outstanding | G.J. Hendra G.J. Hendra Limited | A registered charge | 1 property | 28/07/2023 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 21/12/2021 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 21/05/2019 | — | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 16/06/2016 | 06/04/2022 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 07/06/2016 | 06/04/2022 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 24/02/2016 | 06/04/2022 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 18/01/2016 | 06/04/2022 | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 29/06/2015 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 29/06/2015 | — | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 04/06/2013 | 06/04/2022 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 20/04/2011 | 06/04/2022 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 24/01/2011 | 24/10/2012 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 24/01/2011 | 24/10/2012 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 30/06/2010 | 06/04/2022 | |
| satisfied | Medina Dairy Bristol Medina Dairy Bristol Limited | Rent deposit deed | 1 property | 24/05/2010 | 16/03/2022 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 29/06/2009 | 06/04/2022 | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 2 properties | 18/04/2007 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 09/10/2006 | 06/04/2022 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 17/07/2006 | 24/10/2012 | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 2 properties | 30/05/2006 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 08/02/2006 | 24/10/2012 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 02/12/2005 | 24/10/2012 | |
| satisfied | Barclays Barclays Mercantile Business Finance Limited | Legal charge | 2 properties | 30/05/2003 | 24/10/2012 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 21/01/2001 | 24/10/2012 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 18/06/1998 | 26/11/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (171 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-group
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-group
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-11
accounts-with-accounts-type-group
accounts · AA
2023-10-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-03
accounts-with-accounts-type-group
accounts · AA
2022-10-31
change-person-director-company-with-change-date
officers · CH01
2022-06-27
mortgage-satisfy-charge-full
mortgage · MR04
2022-04-06
mortgage-satisfy-charge-full
mortgage · MR04
2022-04-06
mortgage-satisfy-charge-full
mortgage · MR04
2022-04-06