THE CORNISH DAIRY LIMITED

⚰️Wound downdissolved
04890757 · ltd · incorporated 2003-09-08
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 72/100. Strong seller-intent signal (60/100, director aged 60). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 21.5y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 21.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
19 officers (2 active, 19 linked, 14 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (70 events)Click to expand
  1. 2021-05-18
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2021-05-18
    🏁
    Company dissolved
  3. 2021-03-02
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2021-02-23
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2020-11-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2019-09-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-09-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2019-09-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2019-09-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2019-08-30
    HODKINSON, Steven Paul appointed
    director
  11. 2019-08-30
    RANA, Major Singh appointed
    director
  12. 2019-08-30
    THORNTON, Christopher Ronald resigned
    director
  13. 2018-12-18
    GREENBURY, Lee resigned
    director
  14. 2018-12-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2018-11-13
    THORNTON, Christopher Ronald appointed
    director
  16. 2018-11-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2018-10-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2018-10-01
    MCINNES, Andrew Ronald resigned
    director
  19. 2018-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-09-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2017-09-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2017-06-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2017-06-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2017-06-12
    GREENBURY, Lee appointed
    director
  25. 2017-05-31
    BURNSIDE, Maureen Agnes resigned
    secretary
  26. 2017-05-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  27. 2017-04-30
    KERS, Ronald Klaas Otto resigned
    director
  28. 2016-10-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  29. 2015-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  30. 2015-09-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  31. 2012-11-26
    KEANE, William Gerard resigned
    director
  32. 2012-11-26
    KERS, Ronald Klaas Otto appointed
    director
  33. 2012-11-26
    MCINNES, Andrew Ronald appointed
    director
  34. 2012-11-26
    SWEENEY, Gerard resigned
    director
  35. 2012-03-09
    WISEMAN, Robert Tennant resigned
    director
  36. 2010-09-01
    BURNSIDE, Maureen Agnes appointed
    secretary
  37. 2010-09-01
    SWEENEY, Gerard resigned
    secretary
  38. 2006-09-26
    🔓
    Charge satisfied #6
  39. 2006-09-26
    🔓
    Charge satisfied #5
  40. 2006-09-26
    🔓
    Charge satisfied #4
  41. 2006-09-26
    🔓
    Charge satisfied #3
  42. 2006-09-26
    🔓
    Charge satisfied #2
  43. 2006-08-26
    SWEENEY, Gerard appointed
    secretary
  44. 2006-08-26
    YOUNG, Karen Bridget resigned
    secretary
  45. 2006-08-26
    KEANE, William Gerard appointed
    director
  46. 2006-08-26
    MORRIS, Andrew David resigned
    director
  47. 2006-08-26
    NICHOLLS, Barry John Leonard resigned
    director
  48. 2006-08-26
    SWEENEY, Gerard appointed
    director
  49. 2006-08-26
    WILLIAMS, David Anthony James resigned
    director
  50. 2006-08-26
    WISEMAN, Robert Tennant appointed
    director
Showing most recent 50 of 70 events

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2021-05-18

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.

Group structure

Müller Wiseman Dairies Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Müller Wiseman Dairies Limited
Corporate parent · holds 75-100% shares
ultimate parent
THE CORNISH DAIRY LIMITED
This company · 04890757

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%
NameSharesVoting rightsNature of controlNotified
Müller Wiseman Dairies Limited
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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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

Statusdissolved
Typeltd
Incorporated2003-09-08
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

Tern Valley Business Park
Shrewsbury Road
Market Drayton
Shropshire
TF9 3SQ
England

Filing status

Accounts
Next due:
Last made up to: 2019-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 17 resigned)

HODKINSON, Steven Paul
director · ~54y · appointed 2019-08-30
View their other companies + combined net worth →
Active
RANA, Major Singh
director · ~60y · appointed 2019-08-30
View their other companies + combined net worth →
Active
BURNSIDE, Maureen Agnes
secretary · appointed 2010-09-01 · resigned 2017-05-31
Resigned
SWEENEY, Gerard
secretary · appointed 2006-08-26 · resigned 2010-09-01
Resigned
YOUNG, Karen Bridget
secretary · appointed 2004-01-15 · resigned 2006-08-26
Resigned
NQH (CO SEC) LIMITED
corporate-nominee-secretary · appointed 2003-09-08 · resigned 2004-01-15
Resigned
GREENBURY, Lee
director · ~63y · appointed 2017-06-12 · resigned 2018-12-18
Resigned
KEANE, William Gerard
director · ~71y · appointed 2006-08-26 · resigned 2012-11-26
Resigned
KERS, Ronald Klaas Otto
director · ~57y · appointed 2012-11-26 · resigned 2017-04-30
Resigned
MCINNES, Andrew Ronald
director · ~54y · appointed 2012-11-26 · resigned 2018-10-01
Resigned
MORRIS, Andrew David
director · ~65y · appointed 2004-01-15 · resigned 2006-08-26
Resigned
MORRIS, David Rothwell
director · ~88y · appointed 2004-01-15 · resigned 2004-12-22
Resigned
NICHOLLS, Barry John Leonard
director · ~79y · appointed 2004-01-15 · resigned 2006-08-26
Resigned
RICHARDS, David Maldwyn
director · ~66y · appointed 2004-01-15 · resigned 2005-09-19
Resigned
SWEENEY, Gerard
director · ~59y · appointed 2006-08-26 · resigned 2012-11-26
Resigned
THORNTON, Christopher Ronald
director · ~62y · appointed 2018-11-13 · resigned 2019-08-30
Resigned
WILLIAMS, David Anthony James
director · ~62y · appointed 2004-01-15 · resigned 2006-08-26
Resigned
WISEMAN, Robert Tennant
director · ~71y · appointed 2006-08-26 · resigned 2012-03-09
Resigned
NQH LIMITED
corporate-nominee-director · appointed 2003-09-08 · resigned 2004-01-15
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Omnibus guarantee and set off agreement1 property20/02/200626/09/2006
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property20/02/200626/09/2006
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
All assets debenture1 property20/02/200626/09/2006
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Chattel mortgage1 property20/02/200626/09/2006
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Legal charge2 properties20/02/200626/09/2006
satisfied
Cooperative Centrale, Raiffeisen-Boerenleenbank B.A.(Trading as Rabobank International)
Security agreement1 property17/12/200415/03/2006

Recent filings (108 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2021-05-18
gazette-notice-voluntary
gazette · GAZ1(A)
2021-03-02
dissolution-application-strike-off-company
dissolution · DS01
2021-02-23
accounts-with-accounts-type-dormant
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-09
accounts-with-accounts-type-dormant
accounts · AA
2019-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-17
termination-director-company-with-name-termination-date
officers · TM01
2019-09-13
appoint-person-director-company-with-name-date
officers · AP01
2019-09-13
appoint-person-director-company-with-name-date
officers · AP01
2019-09-13
termination-director-company-with-name-termination-date
officers · TM01
2018-12-18
appoint-person-director-company-with-name-date
officers · AP01
2018-11-13
termination-director-company-with-name-termination-date
officers · TM01
2018-10-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-11