CANNON COMMERCIALS LIMITED
🌳Matureactive
04808608 · ltd · incorporated 2003-06-24
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 22.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 72-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 22.7y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 22.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (76/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 2 with DOB)
76
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Average employees | 0 | 2100 |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-10-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-18➖DAVIES, Stephanie Lyn resignedsecretary
- 2025-06-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-08-02➕GREENAWAY, Shirley Ann appointeddirector
- 2024-08-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-10🔓Charge satisfied #1
- 2023-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-04-05📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2017-04-05📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2017-03-28➖BUXTON, Jacqueline resignedsecretary
- 2017-03-28➕DAVIES, Stephanie Lyn appointedsecretary
- 2013-01-27➕BUXTON, Jacqueline appointedsecretary
- 2013-01-26➖DAVIES, Stephanie Lyn resignedsecretary
- 2003-11-06🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2003-06-24🏢Company incorporatedAs CANNON COMMERCIALS LIMITED
- 2003-06-24➕GREENAWAY, Derrick James appointeddirector
- 2003-06-24➕DAVIES, Stephanie Lyn appointedsecretary
- 2003-06-24➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-06-24➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-06-24➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2003-06-24➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
91/100
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.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 72 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Derrick James Greenaway Individual · British · DOB 04/1954 · age 72 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| C R MOTOR ENGINEERS LTD→ 13974047 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| C.S.M BREAKERS LTD→ 16829185 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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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
Incorporated2003-06-24
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200
Registered office
Fairfax Road
Heathfield
Newton Abbot
Devon
TQ12 6UD
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-06-15
Last: 2026-06-01
Officers (2 active · 5 resigned)
GREENAWAY, Derrick James→
Activedirector · ~72y · appointed 2003-06-24
View their other companies + combined net worth →
GREENAWAY, Shirley Ann→
Activedirector · ~72y · appointed 2024-08-02
View their other companies + combined net worth →
BUXTON, Jacqueline→
Resignedsecretary · appointed 2013-01-27 · resigned 2017-03-28
DAVIES, Stephanie Lyn→
Resignedsecretary · appointed 2017-03-28 · resigned 2025-06-18
DAVIES, Stephanie Lyn→
Resignedsecretary · appointed 2003-06-24 · resigned 2013-01-26
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-06-24 · resigned 2003-06-24
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-06-24 · resigned 2003-06-24
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 06/11/2003 | 10/04/2024 |
Recent filings (68 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-08
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-03
appoint-person-director-company-with-name-date
officers · AP01
2024-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-03
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-08