CORNWALL REFRIGERATED TRANSPORT SERVICES LIMITED
🌳Matureactive
04528775 · ltd · incorporated 2002-09-06
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 13.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 33170
Sector: Manufacturing
Investor take
PursueActive trading company with a 63-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 13.5y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
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 | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Total assets | — | £1.80M |
| Current assets | — | £749.2k |
| Cash | — | £216.5k |
| Debtors | — | £257.3k |
| Net assets | — | £1.77M |
| Average employees | 13 | — |
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
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-05-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-07➕POWELL, Charlotte Louise appointeddirector
- 2024-04-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-20🔓Charge satisfied #2
- 2023-10-20🔓Charge satisfied #1
- 2023-09-08📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-02📄capital-allotment-sharescapital · SH01
- 2019-07-02📄capital-allotment-sharescapital · SH01
- 2019-05-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2013-03-20🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2013-01-11🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2002-09-06🏢Company incorporatedAs CORNWALL REFRIGERATED TRANSPORT SERVICES LIMITED
- 2002-09-06➕EDWARDS, Elizabeth Jane appointedsecretary
- 2002-09-06➕EDWARDS, Timothy Neil appointeddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Timothy Neil Edwards Individual · British · DOB 11/1963 · age 63 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mrs Charlotte Louise Powell Individual · British · DOB 03/1990 · age 36 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/08/2024 |
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 · Manufacturing · PL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| C. TOMS AND SON LIMITED→ 00366970 · est 1941 · no financials extracted | — | — | — | — | 84y | — | — |
| CHROMACON HOLDINGS LIMITED→ 11815462 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| COOL-WHIP CAMPERS LTD→ 12455243 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CORNISH K9 LTD→ 16213040 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CORNISH LIME COMPANY LIMITED→ 04391187 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| CORNISH TIMBER PRODUCTS LTD→ 14708460 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CORNISH WHISPERS LTD→ 13312222 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CORNWALL BLINDS LTD→ 15466331 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CORNWALL BUILDING SOLUTIONS LIMITED→ 14577716 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CORNWALL CAMPERVAN CONVERSIONS LIMITED→ 13825679 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CORNWALL CONCRETE PUMPING LTD→ 08472204 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| CORNWALL SCALE & EQUIPMENT LTD→ 05881445 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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
Incorporated2002-09-06
Jurisdictionengland-wales
Primary SIC33170 — SIC 33170
Registered office
Unit 10 Callywith Gate Industrial Estate
Launceston Road
Bodmin
Cornwall
PL31 2RQ
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-09-20
Last: 2025-09-06
Officers (3 active · 0 resigned)
EDWARDS, Elizabeth Jane→
Activesecretary · appointed 2002-09-06
View their other companies + combined net worth →
EDWARDS, Timothy Neil→
Activedirector · ~63y · appointed 2002-09-06
View their other companies + combined net worth →
POWELL, Charlotte Louise→
Activedirector · ~36y · appointed 2024-08-07
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 20/03/2013 | 20/10/2023 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 11/01/2013 | 20/10/2023 |
Recent filings (61 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-26
appoint-person-director-company-with-name-date
officers · AP01
2024-11-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-04
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-20
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-15
change-person-director-company-with-change-date
officers · CH01
2023-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28