CORNISH BAKEHOUSE UK LIMITED
Opportunity 72/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100).
Refinance opportunity
11 live charges · 7 lenders · oldest 18.4y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 18.4 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 2 accounts
- • 2 other
- • 3 accounts
- • 2 other
- • 1 confirmation-statement
Corporate timeline (77 events)Click to expand
- 2026-04-21📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-04-21📄legacyaccounts · PARENT_ACC
- 2026-04-21📄legacyother · GUARANTEE2
- 2026-04-21📄legacyother · AGREEMENT2
- 2026-03-31📄legacyaccounts · PARENT_ACC
- 2025-09-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-29🔒Charge registered #11Lender: Barclays Security Trustee Limited
- 2025-04-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-04-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-01📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-04-01📄legacyaccounts · PARENT_ACC
- 2025-04-01📄legacyother · GUARANTEE2
- 2025-04-01📄legacyother · AGREEMENT2
- 2024-05-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-08🔓Charge satisfied #10
- 2024-03-27📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-03-27📄legacyaccounts · PARENT_ACC
- 2024-03-27📄legacyother · GUARANTEE2
- 2024-03-27📄legacyother · AGREEMENT2
- 2024-03-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-14📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-04-14📄legacyaccounts · PARENT_ACC
- 2023-04-14📄legacyother · AGREEMENT2
- 2023-04-14📄legacyother · GUARANTEE2
- 2022-04-11➕MCQUADE, Karen Lesley appointeddirector
- 2022-04-11➕REYNOLDS, George Christopher appointeddirector
- 2022-04-11➖BRADSHAW, Frank resigneddirector
- 2022-04-11➖CHRISTOPHERS, David Andrew resigneddirector
- 2022-04-11➖SAMUEL, Philip John resigneddirector
- 2022-04-11➖SYMONS, Timothy John resigneddirector
- 2022-04-11🔒Charge registered #10Lender: Symons Retail Limited
- 2022-04-08🔓Charge satisfied #8
- 2022-03-31🔓Charge satisfied #9
- 2021-04-12🔒Charge registered #9Lender: Barclays Bank PLC
- 2021-04-12🔒Charge registered #8Lender: Barclays Bank PLC
- 2021-03-15🔓Charge satisfied #7
- 2021-03-15🔓Charge satisfied #6
- 2017-01-06🔒Charge registered #7Lender: Hsbc Bank PLC
- 2016-12-05🔒Charge registered #6Lender: Hsbc Bank PLC
- 2012-07-05🔓Charge satisfied #4
- 2011-12-02🔒Charge registered #5Lender: Santander UK PLC
- 2011-07-11➖LAMONT, Christopher resignedsecretary
- 2011-07-11➖BEZER, Alexander John resigneddirector
- 2011-07-11➕BRADSHAW, Frank appointeddirector
- 2011-07-11➕CHRISTOPHERS, David Andrew appointeddirector
- 2011-07-11➖LAMONT, Christopher resigneddirector
- 2011-07-11➖NEWTON, Philip resigneddirector
- 2011-07-11➕SAMUEL, Philip John appointeddirector
- 2011-07-11➕SYMONS, Timothy John appointeddirector
- 2011-07-11➖WILDING, Linda resigneddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Bridgwater Bros.Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Bridgwater Bros.Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 31/01/2025 |
1 historic (ceased) PSC
- Cornish Bakehouse Investments Ltdceased 31/01/2025· 75-100% shares · 75-100% voting · board control · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (2 active · 17 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 29/08/2025 | — | |
| satisfied | Symons Retail / St Ives Restaurants / Philip Samuel / Frank Bradshaw Symons Retail Limited / St Ives Restaurants Limited / Philip Samuel / Frank Bradshaw | A registered charge | — | 11/04/2022 | 08/05/2024 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 12/04/2021 | 31/03/2022 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 12/04/2021 | 08/04/2022 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 06/01/2017 | 15/03/2021 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 05/12/2016 | 15/03/2021 | |
| outstanding | Santander Santander UK PLC | Rent deposit deed | 1 property | 02/12/2011 | — | |
| satisfied | Barclays Barclays Bank PLC | Guarantee and debenture | 1 property | 11/07/2011 | 05/07/2012 | |
| outstanding | Mapeley Columbus Mapeley Columbus Limited | Rent deposit deed | 1 property | 28/05/2008 | — | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 07/05/2008 | 19/03/2011 | |
| outstanding | Forge Mill Holdings Forge Mill Holdings Limited | Rent deposit deed | 1 property | 11/02/2008 | — |