CORNWALL MARINE NETWORK LIMITED

🌳Matureactive

04477226 · private-limited-guarant-nsc · incorporated 2002-07-04

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 21.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Activities of business and employers membership organisations

Sector: Other service activities

Investor take

Pursue

Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (73/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 21.0y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 21.0 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (66/100)

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

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

33 officers (3 active, 33 linked, 29 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

9 connected companies via shared directors

Filing history

128 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31

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

filings

• 1 confirmation-statement
• 1 officers

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (91 events)Click to expand

2026-07-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-07-15
➕
PETERS, Victoria appointed
director
2025-12-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-18
➖
WILLIAMS, Mark resigned
director
2024-08-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-02-12
➖
BAISH, Christopher John resigned
director
2023-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-09-27
➖
CARDEN, Miles William resigned
director
2023-09-27
➖
CHILD, Peter Howard resigned
director
2023-09-27
➖
JONES, Drystan Dafydd resigned
director
2023-09-27
➖
MATTOS, Hugh Richard resigned
director
2023-09-27
➖
NICHOLLS-LEE, Rachel Felicity, Dr resigned
director
2023-09-27
➖
PARKINSON, Richard James resigned
director
2023-09-27
➖
THURSTON, Robert resigned
director
2023-09-08
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-09-07
➖
COCHRANE, Clare resigned
secretary
2023-01-03
📄
change-person-secretary-company-with-change-date
officers · CH03
2022-07-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-16
➕
BAISH, Christopher John appointed
director
2022-01-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-01-05
➕
CARDEN, Miles William appointed
director
2021-10-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-09-24
📄
accounts-with-accounts-type-small
accounts · AA
2021-09-22
➕
WILLIAMS, Mark appointed
director
2021-04-12
🔒
Charge registered #4
Lender: Lloyds Bank PLC
2019-12-20
➕
HARRIS, Lucy Elizabeth appointed
director
2019-04-16
🔓
Charge satisfied #3
2019-03-08
🔓
Charge satisfied #2
2018-07-25
➖
LANGAN, John Joseph resigned
director
2018-06-06
➕
COCHRANE, Clare appointed
secretary
2018-06-06
➖
LANGAN, John Joseph resigned
secretary
2018-03-01
➕
PARKINSON, Richard James appointed
director
2018-01-24
➕
NICHOLLS-LEE, Rachel Felicity, Dr appointed
director
2017-12-08
➕
JONES, Drystan Dafydd appointed
director
2017-11-29
➖
BROUGHAM, Michael resigned
director
2017-05-03
🔓
Charge satisfied #1
2017-04-27
🔒
Charge registered #3
Lender: Lloyds Bank PLC
2017-03-22
➖
BOYLE, Francis John resigned
director
2016-10-13
➕
THURSTON, Robert appointed
director
2016-09-27
➖
ARGALL, Richard Samuel Kelway resigned
director

Showing most recent 50 of 91 events

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

+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

63/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 20 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒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 · Other · TR postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BOORMANS (CARBIS WATER) LIMITED→ 05942056 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
BRILLIANTLY COLLECTIVE LTD→ 14883035 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
CAMBORNE SCHOOL OF MINES ASSOCIATION LTD→ 11404520 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
CORNISH HERITAGE BUILDERS LIMITED→ 16942888 · est 2026 · no financials extracted	—	—	—	—	—	—	—
CORNISH ORIGINALS CIC→ 15707883 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
CORNISH SKIPS LTD→ 13246801 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
CORNWALL HOSPITALITY COLLECTIVE CIC→ 15360454 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
CORNWALL MANUFACTURERS GROUP LIMITED→ 11449942 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
CORNWALL MARINE TECHNOLOGY HUB LIMITED→ 11139091 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
CORNWALL MEDICAL CONTRACTING LTD→ 13401611 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
CORNWALL MINING AND GEO-RESOURCES ALLIANCE LTD→ 16281508 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CORNWALL MINING CONSULTANTS LIMITED→ 14225749 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

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

Typeprivate-limited-guarant-nsc

Incorporated2002-07-04

Jurisdictionengland-wales

Primary SIC94110 — Activities of business and employers membership organisations

Registered office

Unit 7a And 7b Falmouth Business Park

Bickland Water Road

Falmouth

Cornwall

TR11 4SZ

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-07-24

Last: 2026-07-10

Officers (3 active · 30 resigned)

HARRIS, Lucy Elizabeth→

director · ~50y · appointed 2019-12-20

View their other companies + combined net worth →

Active

PETERS, Victoria→

director · ~48y · appointed 2026-07-15

View their other companies + combined net worth →

Active

WICKES, Paul Andrew→

director · ~66y · appointed 2006-09-01

View their other companies + combined net worth →

Active

COCHRANE, Clare→

secretary · appointed 2018-06-06 · resigned 2023-09-07

Resigned

LANGAN, John Joseph→

secretary · appointed 2008-07-01 · resigned 2018-06-06

Resigned

SHEPHERD, Alan Geoffrey→

secretary · appointed 2007-02-01 · resigned 2008-06-30

Resigned

SMART, John Gerrard Wernicke→

secretary · appointed 2002-07-04 · resigned 2007-01-31

Resigned

ARGALL, Richard Samuel Kelway→

director · ~46y · appointed 2011-05-31 · resigned 2016-09-27

Resigned

BAISH, Christopher John→

director · ~50y · appointed 2022-05-16 · resigned 2024-02-12

Resigned

BOYLE, Francis John→

director · ~72y · appointed 2016-08-22 · resigned 2017-03-22

Resigned

BROUGHAM, Michael→

director · ~79y · appointed 2002-07-04 · resigned 2017-11-29

Resigned

CARDEN, Miles William→

director · ~57y · appointed 2022-01-05 · resigned 2023-09-27

Resigned

CHILD, Peter Howard→

director · ~70y · appointed 2015-05-08 · resigned 2023-09-27

Resigned

COCKWELL, David Charles→

director · ~55y · appointed 2015-05-15 · resigned 2016-07-13

Resigned

DUNCAN, Danyel Robert→

director · ~57y · appointed 2011-06-02 · resigned 2014-03-19

Resigned

FELLOWS, Julie→

director · ~62y · appointed 2009-10-01 · resigned 2011-01-31

Resigned

GRAFFY, Roger Edmund→

director · ~69y · appointed 2002-07-04 · resigned 2011-06-30

Resigned

JONES, Drystan Dafydd→

director · ~52y · appointed 2017-12-08 · resigned 2023-09-27

Resigned

JORDAN, Alan David→

director · ~79y · appointed 2002-07-04 · resigned 2011-02-09

Resigned

LANGAN, John Joseph→

director · ~70y · appointed 2002-07-04 · resigned 2018-07-25

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
outstanding	Lloyds Banking Group Lloyds Bank PLC	A registered charge	—	12/04/2021	—
satisfied	Lloyds Banking Group Lloyds Bank PLC	A registered charge	1 property	27/04/2017	16/04/2019
satisfied	HSBC Hsbc Bank PLC	A registered charge	1 property	17/10/2014	08/03/2019
satisfied	HSBC Hsbc Bank PLC	Debenture	1 property	04/07/2005	03/05/2017

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (128 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-07-16

appoint-person-director-company-with-name-date

officers · AP01

2026-07-16

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-12-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-07-24

termination-director-company-with-name-termination-date

officers · TM01

2025-01-09

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-08-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-07-17

termination-director-company-with-name-termination-date

officers · TM01

2024-02-21

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-12-21

termination-director-company-with-name-termination-date

officers · TM01

2023-10-31

termination-director-company-with-name-termination-date

officers · TM01

2023-10-31

termination-director-company-with-name-termination-date

officers · TM01

2023-10-31

termination-director-company-with-name-termination-date

officers · TM01

2023-10-31

termination-director-company-with-name-termination-date

officers · TM01

2023-10-31

termination-director-company-with-name-termination-date

officers · TM01

2023-10-31