LEWIS PIES LIMITED
🌳Matureactive
04477394 · ltd · incorporated 2002-07-04
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 Dec 2024
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
ALSO REGISTERED FOR
- 10821SIC 10821
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 67/100. 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. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).
🏦
Refinance opportunity
9 live charges · 8 lenders · oldest 23.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 23.7 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 43/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 7 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 10600 | 10300 |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (56 events)Click to expand
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-30➕LEWIS, Lucy Alexandra appointedsecretary
- 2025-04-30➖HARRIES, Sylvia resignedsecretary
- 2025-04-30📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-04-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-09-29📄capital-name-of-class-of-sharescapital · SH08
- 2024-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-16🔓Charge satisfied #3
- 2024-09-10➕LEWIS, Lucy Alexandra appointeddirector
- 2024-09-10➕HARRIES, Sylvia appointedsecretary
- 2024-09-10➖LEWIS, Patricia Elizabeth resignedsecretary
- 2024-09-10➖HARRIES, Sylvia resigneddirector
- 2024-09-10➖LEWIS, John resigneddirector
- 2024-09-10➖LEWIS, Wilfred John resigneddirector
- 2024-09-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-10📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-09-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-09-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-10🔒Charge registered #9Lender: Dbw Investments (3) Limited
- 2023-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-07-21📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2022-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-07🔓Charge satisfied #8
- 2022-07-07🔓Charge satisfied #7
- 2022-07-07🔓Charge satisfied #6
- 2022-07-07🔓Charge satisfied #4
- 2020-03-05➕HARRIES, Sylvia appointeddirector
- 2019-09-06🔓Charge satisfied #2
- 2019-08-14🔓Charge satisfied #5
- 2015-01-01➕LEWIS, Wilfred James appointeddirector
- 2013-09-20🔒Charge registered #8Lender: Trustee - Wilfred John Lewis
- 2012-10-19🔒Charge registered #7Lender: John Lewis Kim Lewis Patricia Lewis and Wilfred John Lewis (Managing Trustees) Suntrust Limited (Special Trustee)
- 2009-04-30🔒Charge registered #6Lender: Patricia Lewis, Kim Lewis, John Lewis and Wilfred John Lewis
- 2009-04-28🔒Charge registered #5Lender: The Council of the City & County of Swansea
- 2009-03-13🔒Charge registered #4Lender: John Lewis Kim Lewis Patricia Elizabeth Lewis and Wilfred John Lewis
- 2009-03-13🔒Charge registered #3Lender: Barclays Bank PLC
- 2008-07-22🔒Charge registered #2Lender: Lombard North Central PLC
- 2003-12-31➖LEWIS, Geoffrey Charles resigneddirector
- 2002-11-11🔒Charge registered #1Lender: Barclays Bank PLC
- 2002-07-04🏢Company incorporatedAs LEWIS PIES LIMITED
- 2002-07-04➕LAZARUS, Heather Ann appointednominee-secretary
- 2002-07-04➖LAZARUS, Heather Ann resignednominee-secretary
Showing most recent 50 of 56 events
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "LEWIS" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
41/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Lewis Pies Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Lewis Pies Holdings Limited
Corporate parent · holds 75-100% shares
⬇
LEWIS PIES LIMITED
This company · 04477394
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 |
|---|---|---|---|---|
Lewis Pies Holdings Limited Corporate entity | 75–100% | — | 75-100% shares | 15/07/2022 |
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 · Food & drink · SA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HARBOUR BREWERY TENBY LIMITED→ 09323534 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| HAVEN FOODS LIMITED→ 04608179 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| HAVIN TURKISH PASTRY LTD→ 12811129 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HIGHMEAD DAIRIES LIMITED→ 02051184 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| IN THE WELSH WIND DISTILLERY LTD→ 11166962 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| JAM TAN FOODS LTD→ 14599617 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| JOE'S ICE CREAM LIMITED→ 04976003 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LA CREME PATISSERIE & CATERING CO. LTD→ 05629921 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| LEEKY BARREL BREWING LIMITED→ 15089556 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LEVANT DELIGHTS UK LIMITED→ 10703432 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| LIQUID ICE WATER COMPANY LIMITED→ 03326700 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| LITTLE VALLEY BAKERY LTD→ 11909578 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2002-07-04
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered office
Lewis Pies Limited Unit 3-6
Abergelli Road Swansea West
Industrial Estate Fforestfach
Swansea West Glamorgan
SA5 4DY
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-28
Last: 2025-07-14
Officers (3 active · 8 resigned)
LEWIS, Lucy Alexandra→
Activesecretary · appointed 2025-04-30
View their other companies + combined net worth →
LEWIS, Lucy Alexandra→
Activedirector · ~51y · appointed 2024-09-10
View their other companies + combined net worth →
LEWIS, Wilfred James→
Activedirector · ~50y · appointed 2015-01-01
View their other companies + combined net worth →
HARRIES, Sylvia→
Resignedsecretary · appointed 2024-09-10 · resigned 2025-04-30
LAZARUS, Heather Ann→
Resignednominee-secretary · appointed 2002-07-04 · resigned 2002-07-04
LEWIS, Patricia Elizabeth→
Resignedsecretary · appointed 2002-07-04 · resigned 2024-09-10
HARRIES, Sylvia→
Resigneddirector · ~72y · appointed 2020-03-05 · resigned 2024-09-10
LAZARUS, Harry Pierre→
Resignednominee-director · ~89y · appointed 2002-07-04 · resigned 2002-07-04
LEWIS, Geoffrey Charles→
Resigneddirector · ~83y · appointed 2002-07-04 · resigned 2003-12-31
LEWIS, John→
Resigneddirector · ~66y · appointed 2002-07-04 · resigned 2024-09-10
LEWIS, Wilfred John→
Resigneddirector · ~76y · appointed 2002-07-04 · resigned 2024-09-10
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
2
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dbw Investments (3) Dbw Investments (3) Limited | A registered charge | 2 properties | 10/06/2024 | — | |
| satisfied | Trustee - Wilfred John Lewis / Trustee - Patricia Elizabeth Lewis / Trustee - John Lewis / Trustee - Kim Lewis | A registered charge | — | 20/09/2013 | 07/07/2022 | |
| satisfied | John Lewis Kim Lewis Patricia Lewis and Wilfred John Lewis (Managing Trustees) Suntrust (Special Trustee) John Lewis Kim Lewis Patricia Lewis and Wilfred John Lewis (Managing Trustees) Suntrust Limited (Special Trustee) | Legal charge | 1 property | 19/10/2012 | 07/07/2022 | |
| satisfied | Patricia Lewis, Kim Lewis, John Lewis and Wilfred John Lewis | Legal charge | 1 property | 30/04/2009 | 07/07/2022 | |
| satisfied | The Council of the City & County of Swansea | Legal charge | 1 property | 28/04/2009 | 14/08/2019 | |
| satisfied | John Lewis Kim Lewis Patricia Elizabeth Lewis and Wilfred John Lewis | Legal charge | 1 property | 13/03/2009 | 07/07/2022 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 13/03/2009 | 16/09/2024 | |
| satisfied | Lombard North Central Lombard North Central PLC | Chattel mortgage | 1 property | 22/07/2008 | 06/09/2019 | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 11/11/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (97 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-29
appoint-person-secretary-company-with-name-date
officers · AP03
2025-04-30
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-01
capital-name-of-class-of-shares
capital · SH08
2024-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-16
termination-director-company-with-name-termination-date
officers · TM01
2024-09-10
appoint-person-secretary-company-with-name-date
officers · AP03
2024-09-10
termination-secretary-company-with-name-termination-date
officers · TM02
2024-09-10
termination-director-company-with-name-termination-date
officers · TM01
2024-09-10
termination-director-company-with-name-termination-date
officers · TM01
2024-09-10
appoint-person-director-company-with-name-date
officers · AP01
2024-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17