MAEN KARNE AGGREGATES LIMITED
🌳Matureactive
05581711 · ltd · incorporated 2005-10-03
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
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: refinance and hold (40/100).
🏦
Refinance opportunity
12 live charges · 9 lenders · oldest 20.1y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 20.1 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (61/100)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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
17 officers (4 active, 17 linked, 14 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
32 connected companies via shared directors
90
Filing history
113 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
60
Some acquirability indicators.
Risk profile
69
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
4
filings
- • 4 officers
Counts from Companies House filing history.
Corporate timeline (77 events)Click to expand
- 2026-04-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-31➕EVANS, Philip David appointeddirector
- 2026-03-31➖CLAMP, Stephen Mark resigneddirector
- 2026-03-31➖GOSLING, Matthew Leslie resigneddirector
- 2026-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-30➖REID, Martin Paul resigneddirector
- 2025-10-27📄accounts-with-accounts-type-smallaccounts · AA
- 2025-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-26➖LYNE, Martyn resigneddirector
- 2024-12-11➕CLAMP, Stephen Mark appointeddirector
- 2024-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-20📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-08➖GALBRAITH, Douglas John resigneddirector
- 2024-05-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-02🔓Charge satisfied #9
- 2023-10-04📄accounts-with-accounts-type-smallaccounts · AA
- 2023-05-16📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-02📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-02📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-02📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-02📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-02📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-02📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-31🔓Charge satisfied #12
- 2023-03-31🔓Charge satisfied #11
- 2023-03-31🔓Charge satisfied #10
- 2023-03-31🔓Charge satisfied #8
- 2023-03-31🔓Charge satisfied #7
- 2023-03-31🔓Charge satisfied #6
- 2023-03-31🔓Charge satisfied #2
- 2023-03-31🔓Charge satisfied #1
- 2023-03-09➕HUDSON, Lee appointeddirector
- 2023-03-09➖BEAMISH, Antony Charles resigneddirector
- 2022-01-31➖FACEY, Ross Alexander resigneddirector
- 2020-09-30🔒Charge registered #12Lender: National Westminster Bank Public Limited Company (As Lender)
- 2020-09-30🔒Charge registered #11Lender: Hsbc UK Bank PLC (As Lender)
- 2020-09-30🔒Charge registered #10Lender: Lloyds Bank PLC (As Lender)
- 2020-09-30🔒Charge registered #9Lender: Lloyds Bank PLC
- 2020-09-23🔓Charge satisfied #4
- 2020-09-23🔓Charge satisfied #3
- 2020-06-26➕BEAMISH, Antony Charles appointeddirector
- 2020-06-05➕GALBRAITH, Douglas John appointeddirector
- 2020-05-27➖CRUTCHLEY, Gavin Lee resigneddirector
Showing most recent 50 of 77 events
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primary20+ year tenure: Director in role 21 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
2 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: CLAMP, Stephen Mark resigned 2026-03-31; GOSLING, Matthew Leslie resigned 2026-03-31; REID, Martin Paul resigned 2026-03-30
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
Grs Roadstone Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Grs Roadstone Group Limited
Corporate parent · holds 75-100% shares
⬇
MAEN KARNE AGGREGATES LIMITED
This company · 05581711
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 |
|---|---|---|---|---|
Grs Roadstone Group Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 30/12/2016 |
1 historic (ceased) PSC
- Mr Julian Winston Chenowethceased 30/12/2016· 75-100% shares
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.
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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
Incorporated2005-10-03
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110
Registered office
Melbur Works
Summercourt
Newquay
Cornwall
TR8 5UA
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03
Officers (4 active · 13 resigned)
CHENOWETH, Julian Winston→
Activedirector · ~50y · appointed 2005-10-03
View their other companies + combined net worth →
EVANS, Philip David→
Activedirector · ~38y · appointed 2026-03-31
View their other companies + combined net worth →
FISHER, Jonathan Gareth→
Activedirector · ~49y · appointed 2017-01-03
View their other companies + combined net worth →
Active
HARPER, Cathy Amanda→
Resignedsecretary · appointed 2006-06-23 · resigned 2012-01-12
LLOYD-KING, Joanna May→
Resignedsecretary · appointed 2005-10-03 · resigned 2006-06-23
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-10-03 · resigned 2005-10-03
BEAMISH, Antony Charles→
Resigneddirector · ~48y · appointed 2020-06-26 · resigned 2023-03-09
CLAMP, Stephen Mark→
Resigneddirector · ~52y · appointed 2024-12-11 · resigned 2026-03-31
CRUTCHLEY, Gavin Lee→
Resigneddirector · ~49y · appointed 2018-09-01 · resigned 2020-05-27
FACEY, Ross Alexander→
Resigneddirector · ~50y · appointed 2016-04-18 · resigned 2022-01-31
GALBRAITH, Douglas John→
Resigneddirector · ~45y · appointed 2020-06-05 · resigned 2024-05-08
GOSLING, Matthew Leslie→
Resigneddirector · ~54y · appointed 2019-05-07 · resigned 2026-03-31
LEWIS, Lucy Diana→
Resigneddirector · ~44y · appointed 2012-12-01 · resigned 2019-02-22
LYNE, Martyn→
Resigneddirector · ~67y · appointed 2012-12-01 · resigned 2025-03-26
QUINN, Laurence Anthony→
Resigneddirector · ~69y · appointed 2019-02-22 · resigned 2020-04-03
REID, Martin Paul→
Resigneddirector · ~59y · appointed 2017-01-03 · resigned 2026-03-30
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
0
Outstanding
0
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank Public Company (As Lender) National Westminster Bank Public Limited Company (As Lender) | A registered charge | — | 30/09/2020 | 31/03/2023 | |
| satisfied | HSBC Hsbc UK Bank PLC (As Lender) | A registered charge | — | 30/09/2020 | 31/03/2023 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC (As Lender) | A registered charge | — | 30/09/2020 | 31/03/2023 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 30/09/2020 | 02/05/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC (As Security Agent) | A registered charge | — | 18/12/2017 | 31/03/2023 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC (As Security Agent) | A registered charge | — | 18/12/2017 | 31/03/2023 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 29/03/2017 | 31/03/2023 | |
| satisfied | Rk Holdings Rk Holdings Limited | A registered charge | 1 property | 06/04/2016 | 24/11/2017 | |
| satisfied | Goonvean Aggregates Goonvean Aggregates Limited | A registered charge | 1 property | 06/03/2015 | 23/09/2020 | |
| satisfied | Goonvean Aggregates Goonvean Aggregates Limited | A registered charge | — | 06/03/2015 | 23/09/2020 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 27/02/2007 | 31/03/2023 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 07/06/2006 | 31/03/2023 |
Recent filings (113 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-04-10
termination-director-company-with-name-termination-date
officers · TM01
2026-04-10
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
accounts-with-accounts-type-small
accounts · AA
2025-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-06
termination-director-company-with-name-termination-date
officers · TM01
2025-04-14
appoint-person-director-company-with-name-date
officers · AP01
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-small
accounts · AA
2024-09-20
termination-director-company-with-name-termination-date
officers · TM01
2024-05-08
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-11
accounts-with-accounts-type-small
accounts · AA
2023-10-04
accounts-with-accounts-type-full
accounts · AA
2023-05-16