BROWNE'S CHOCOLATES LIMITED

💤Zombieactive
05305570 · ltd · incorporated 2004-12-06
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
44/100
Watch
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 1584
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 44/100 (watch), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.9y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 19.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: low (48/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 3 with DOB)
79
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
44/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
23
Multiple red flags — proceed with caution.
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 (41 events)Click to expand
  1. 2017-08-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  2. 2017-08-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2017-08-11
    MCGONNELL, Karl Thomas resigned
    secretary
  4. 2017-08-11
    MCGONNELL, Karl Thomas resigned
    director
  5. 2014-03-18
    📄
    restoration-order-of-court
    restoration · AC92
  6. 2012-09-12
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  7. 2012-06-12
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting
    insolvency · 4.72
  8. 2012-05-01
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · 4.68
  9. 2012-02-13
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  10. 2011-09-12
    ⚠️
    liquidation-miscellaneous
    insolvency · LIQ MISC
  11. 2011-07-21
    ⚠️
    liquidation-court-order-miscellaneous
    insolvency · LIQ MISC OC
  12. 2011-07-21
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  13. 2011-07-21
    ⚠️
    liquidation-voluntary-cease-to-act-as-liquidator
    insolvency · 4.40
  14. 2011-04-07
    ⚠️
    liquidation-disclaimer-notice
    insolvency · F10.2
  15. 2011-03-24
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  16. 2011-03-24
    ⚠️
    liquidation-voluntary-statement-of-affairs-with-form-attached
    insolvency · 4.20
  17. 2011-03-24
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2011-03-08
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  19. 2011-02-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2010-05-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2010-01-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2010-01-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2010-01-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2009-10-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2009-01-13
    📄
    legacy
    annual-return · 363a
  26. 2008-06-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  27. 2008-01-03
    📄
    legacy
    annual-return · 363a
  28. 2007-06-18
    LEWIS, Arnold Douglas resigned
    director
  29. 2006-10-16
    🔒
    Charge registered #2
    Lender: Rbs Invoice Finance Limited
  30. 2006-09-08
    CUTHBERTSON, Simon Mark resigned
    secretary
  31. 2006-09-08
    MCGONNELL, Karl Thomas appointed
    secretary
  32. 2006-09-08
    MCGONNELL, Karl Thomas appointed
    director
  33. 2006-09-05
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  34. 2005-09-05
    WHITE, Wendy Dawn appointed
    director
  35. 2004-12-22
    CUTHBERTSON, Simon Mark appointed
    secretary
  36. 2004-12-22
    EMW SECRETARIES LIMITED resigned
    corporate-secretary
  37. 2004-12-22
    LEWIS, Arnold Douglas appointed
    director
  38. 2004-12-22
    EMW DIRECTORS LIMITED resigned
    corporate-director
  39. 2004-12-06
    🏢
    Company incorporated
    As BROWNE'S CHOCOLATES LIMITED
  40. 2004-12-06
    EMW SECRETARIES LIMITED appointed
    corporate-secretary
  41. 2004-12-06
    EMW DIRECTORS LIMITED appointed
    corporate-director

Owner dependency

85/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2011-05-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2016-12-20

10 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2012-09-12: gazette-dissolved-liquidation; 2012-06-12: liquidation-voluntary-creditors-return-of-final-meeting

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

🔒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
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CHROMACON HOLDINGS LIMITED
11815462 · est 2019 · no financials extracted
7y
CIGAIRETTE LTD.
13455144 · est 2021 · no financials extracted
4y
COAST 2 COAST DESIGNS LTD
13085669 · est 2020 · no financials extracted
5y
COAST CREATIVE INTERIORS LTD.
12847025 · est 2020 · no financials extracted
5y
COASTAL CONNECTIONS (CORNWALL) LIMITED
16693977 · est 2025 · no financials extracted
COATING SOLUTIONS (SW) LTD
12527084 · est 2020 · no financials extracted
6y
COLOUR EARTH LIMITED
15528428 · est 2024 · no financials extracted
2y
COMMS GLUE LIMITED
09998059 · est 2016 · no financials extracted
10y
COMPLETE FIRE DOOR SOLUTIONS LTD
16345971 · est 2025 · no financials extracted
1y
COMPOSITE INTEGRATION LTD
04414508 · est 2002 · no financials extracted
24y
CONLAN ELECTRICAL SERVICES LTD
14196653 · est 2022 · no financials extracted
3y
CONTINENTAL ENGRAVERS (PRECISION) LIMITED
00819854 · est 1964 · no financials extracted
61y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

12 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
Incorporated2004-12-06
Jurisdictionengland-wales
Primary SIC1584 — SIC 1584

Registered office

1 Buckland House 12 William Prance Road
Plymouth Int Business Park
Plymouth
Devon
PL6 5WR

Filing status

Accounts
Next due: 2011-05-31OVERDUE
Last made up to: 2009-08-31
Confirmation statement
Next due: 2016-12-20OVERDUE
Last:

Officers (1 active · 6 resigned)

WHITE, Wendy Dawn
director · ~54y · appointed 2005-09-05
View their other companies + combined net worth →
Active
CUTHBERTSON, Simon Mark
secretary · appointed 2004-12-22 · resigned 2006-09-08
Resigned
MCGONNELL, Karl Thomas
secretary · appointed 2006-09-08 · resigned 2017-08-11
Resigned
EMW SECRETARIES LIMITED
corporate-secretary · appointed 2004-12-06 · resigned 2004-12-22
Resigned
LEWIS, Arnold Douglas
director · ~79y · appointed 2004-12-22 · resigned 2007-06-18
Resigned
MCGONNELL, Karl Thomas
director · ~61y · appointed 2006-09-08 · resigned 2017-08-11
Resigned
EMW DIRECTORS LIMITED
corporate-director · appointed 2004-12-06 · resigned 2004-12-22
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance Limited
Fixed and floating charge1 property16/10/2006
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property05/09/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (50 total)

termination-secretary-company-with-name-termination-date
officers · TM02
2017-08-22
termination-director-company-with-name-termination-date
officers · TM01
2017-08-22
restoration-order-of-court
restoration · AC92
2014-03-18
gazette-dissolved-liquidation
gazette · GAZ2
2012-09-12
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2012-06-12
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2012-05-01
change-registered-office-address-company-with-date-old-address
address · AD01
2012-02-13
liquidation-miscellaneous
insolvency · LIQ MISC
2011-09-12
liquidation-court-order-miscellaneous
insolvency · LIQ MISC OC
2011-07-21
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2011-07-21
liquidation-voluntary-cease-to-act-as-liquidator
insolvency · 4.40
2011-07-21
liquidation-disclaimer-notice
insolvency · F10.2
2011-04-07
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2011-03-24
liquidation-voluntary-statement-of-affairs-with-form-attached
insolvency · 4.20
2011-03-24
resolution
resolution · RESOLUTIONS
2011-03-24