CONWAY BAILEY TRANSPORT LIMITED
🌳Matureactive
04002249 · ltd · incorporated 2000-05-25
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
£36.65M
year to Jan 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
PursueStrong opportunity: leverage-led grower with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).
🏦
Refinance opportunity
15 live charges · 7 lenders · oldest 16.4y
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 16.4 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (72/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
9 officers (5 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
117 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
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £2,191,561
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-01-31 |
|---|---|
| Turnover | £36.65M |
| Gross profit | £6.18M |
| Operating profit | £2.49M |
| Profit before tax | £2.19M |
| Average employees | 27300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
4
filings
- • 4 mortgage
Last 90 days
5
filings
- • 5 mortgage
Last 180 days
5
filings
- • 5 mortgage
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
- 2026-05-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-29🔒Charge registered #15Lender: Hsbc UK Bank PLC
- 2026-04-29🔒Charge registered #14Lender: Hsbc UK Bank PLC
- 2026-04-29🔒Charge registered #13Lender: Hsbc UK Bank PLC
- 2026-04-29🔒Charge registered #12Lender: Hsbc UK Bank PLC
- 2026-04-29🔒Charge registered #11Lender: Hsbc Invoice Finance (UK) Limited
- 2025-10-16📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-25📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-11➕GREEN, Caroline Inez appointeddirector
- 2023-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-02📄accounts-with-accounts-type-fullaccounts · AA
- 2023-08-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-08📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2023-08-07📄memorandum-articlesincorporation · MA
- 2023-08-07📄resolutionresolution · RESOLUTIONS
- 2023-08-07📄resolutionresolution · RESOLUTIONS
- 2023-08-07📄capital-name-of-class-of-sharescapital · SH08
- 2023-08-07📄memorandum-articlesincorporation · MA
- 2023-08-02📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-08-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-08-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-02🔓Charge satisfied #3
- 2023-08-01➕HARLAND, Simon Leslie appointedsecretary
- 2023-08-01➖BAILEY, Kathryn Mary resignedsecretary
- 2023-08-01🔒Charge registered #8Lender: Mgb (Cornwall) Limited (14668830)
- 2023-07-31➕HARLAND, Simon Leslie appointeddirector
- 2023-07-31➖BAILEY, Kathryn Mary resigneddirector
- 2023-07-31🔒Charge registered #10Lender: Lloyds Bank PLC
- 2023-07-31🔒Charge registered #9Lender: Lloyds Bank PLC
- 2020-08-10🔓Charge satisfied #6
- 2020-08-10🔓Charge satisfied #5
- 2020-06-23🔒Charge registered #7Lender: Lloyds Bank PLC
- 2019-06-28🔒Charge registered #6Lender: Lloyds Bank PLC
- 2018-05-11🔒Charge registered #5Lender: Lloyds Bank PLC
- 2017-02-07➕WILLS, Lee Daniel appointeddirector
- 2011-03-31➕BAILEY, Kathryn Mary appointeddirector
- 2011-02-02🔓Charge satisfied #1
- 2010-03-30🔒Charge registered #4Lender: Lloyds Tsb Bank PLC
- 2010-02-01🔒Charge registered #3Lender: Mark Gordon Bailey
- 2010-02-01🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 2010-01-26🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2000-05-25🏢Company incorporatedAs CONWAY BAILEY TRANSPORT LIMITED
- 2000-05-25➕BAILEY, Mark Gordon appointeddirector
- 2000-05-25➕BAILEY, Kathryn Mary appointedsecretary
Showing most recent 50 of 54 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "BAILEY" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primary20+ year tenure: Director in role 26 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
2 med · 1 low5 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-04-29: A registered charge; 2026-04-29: A registered charge; 2026-04-29: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
11 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Mgb (Cornwall) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mgb (Cornwall) Limited
Corporate parent · holds 75-100% shares · board control
⬇
CONWAY BAILEY TRANSPORT LIMITED
This company · 04002249
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mgb (Cornwall) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/08/2023 |
1 historic (ceased) PSC
- Mr Mark Gordon Baileyceased 01/08/2023· 75-100% shares
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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|---|---|---|---|---|---|---|---|
| A2B TAXIS NEWQUAY LIMITED→ 11064997 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABACUS AND FALMOUTH TAXIS LIMITED→ 06636778 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| APOLLO EC TRURO TAXIS LTD→ 15288481 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCOACHES LIMITED→ 16781976 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AZAR BATRI UORMIYA CONSULTING LTD→ 16862619 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COAST PATH COURIERS LTD→ 15042808 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| COASTAL STORAGE (CORNWALL) LIMITED→ 10908993 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CONSTANTINE QUAY COMMUNITY INTEREST COMPANY→ 12834478 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CORNISH BOAT TOURS LTD→ 14699407 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CORNISH DREAM CHARTERS LIMITED→ 07972073 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CORNISH LUGGAGE TRANSFERS LIMITED→ 09009153 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CORNISH SAILING ACADEMY LTD→ 16146637 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2000-05-25
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road
Registered office
Venayr Goonearl
Scorrier
Redruth
Cornwall
TR16 5EB
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-08-26
Last: 2025-08-12
Officers (5 active · 4 resigned)
HARLAND, Simon Leslie→
Activesecretary · appointed 2023-08-01
View their other companies + combined net worth →
BAILEY, Mark Gordon→
Activedirector · ~58y · appointed 2000-05-25
View their other companies + combined net worth →
GREEN, Caroline Inez→
Activedirector · ~58y · appointed 2023-12-11
View their other companies + combined net worth →
HARLAND, Simon Leslie→
Activedirector · ~60y · appointed 2023-07-31
View their other companies + combined net worth →
WILLS, Lee Daniel→
Activedirector · ~41y · appointed 2017-02-07
View their other companies + combined net worth →
BAILEY, Kathryn Mary→
Resignedsecretary · appointed 2000-05-25 · resigned 2023-08-01
CDF SECRETARIAL SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-05-25 · resigned 2000-05-25
BAILEY, Kathryn Mary→
Resigneddirector · ~52y · appointed 2011-03-31 · resigned 2023-07-31
CDF FORMATIONS LIMITED→
Resignedcorporate-nominee-director · appointed 2000-05-25 · resigned 2000-05-25
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
11
Outstanding
3
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 29/04/2026 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 29/04/2026 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 29/04/2026 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 29/04/2026 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | — | 29/04/2026 | — | |
| outstanding | Mgb (Cornwall) (14668830) Mgb (Cornwall) Limited (14668830) | A registered charge | — | 01/08/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 31/07/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 31/07/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 23/06/2020 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 28/06/2019 | 10/08/2020 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 11/05/2018 | 10/08/2020 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 30/03/2010 | — | |
| satisfied | Mark Gordon Bailey | Debenture | 1 property | 01/02/2010 | 02/08/2023 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 01/02/2010 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 26/01/2010 | 02/02/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (117 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-01
accounts-with-accounts-type-full
accounts · AA
2025-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
accounts-with-accounts-type-full
accounts · AA
2024-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
appoint-person-director-company-with-name-date
officers · AP01
2023-12-11
accounts-with-accounts-type-full
accounts · AA
2023-11-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-11
capital-variation-of-rights-attached-to-shares
capital · SH10
2023-08-08