CORNISH PREMIER PASTIES LIMITED

📉Decliningactive
06453034 · ltd · incorporated 2007-12-13
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
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
Pursue
Conservative operator with a 61-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (65/100, director aged 61). Share purchase looks the cleaner deal structure. 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 (85/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 5.5y

35/100
too messy

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

  • · Oldest live charge is 5.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 10 with DOB)
87
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,474,778

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Profit before tax£1.47M£2.02M
Average employees817300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2026-05-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-05-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2025-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-03-19
    ➕
    BRAY, Andrew Paul appointed
    director
  5. 2025-03-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-11-26
    ➖
    NORTON, Mark Darron resigned
    director
  7. 2024-10-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-10-14
    🔒
    Charge registered #3
    Lender: Lloyds Bank Commercial Finance Limited
  9. 2024-10-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2024-10-09
    🔓
    Charge satisfied #2
  11. 2024-09-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2024-09-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2024-09-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2024-05-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2023-05-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2023-01-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2023-01-19
    🔓
    Charge satisfied #1
  18. 2022-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-12-21
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  20. 2021-10-11
    ➖
    JOBLING, Jason resigned
    director
  21. 2021-10-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2021-01-25
    📄
    resolution
    resolution · RESOLUTIONS
  23. 2021-01-25
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2021-01-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2021-01-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  26. 2021-01-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2020-12-21
    ➕
    NORTON, Lynne appointed
    director
  28. 2020-12-21
    ➖
    RICK, Fiona resigned
    secretary
  29. 2020-12-21
    ➖
    BRADSHAW, Frank resigned
    director
  30. 2020-12-21
    ➕
    NORTON, Mark Darron appointed
    director
  31. 2020-12-21
    ➖
    RICK, Fiona resigned
    director
  32. 2020-12-21
    🔒
    Charge registered #2
    Lender: Tc Loans (Cbils) Limited (as Security Trustee)
  33. 2020-12-21
    🔒
    Charge registered #1
    Lender: Frank Bradshaw
  34. 2020-07-01
    ➕
    JOBLING, Jason appointed
    director
  35. 2020-03-03
    ➖
    JACKSON, Paul resigned
    director
  36. 2017-06-30
    ➖
    PLECHOWICZ, Michael William David resigned
    director
  37. 2017-06-30
    ➖
    PLECHOWICZ, Peter Franklin John resigned
    director
  38. 2016-12-28
    ➖
    BRADSHAW, Wendy Joy resigned
    director
  39. 2012-11-01
    ➖
    PLECHOWICZ, Michael William David resigned
    secretary
  40. 2012-11-01
    ➕
    RICK, Fiona appointed
    secretary
  41. 2010-05-01
    ➕
    RICK, Fiona appointed
    director
  42. 2009-05-01
    ➕
    JACKSON, Paul appointed
    director
  43. 2007-12-13
    🏢
    Company incorporated
    As CORNISH PREMIER PASTIES LIMITED
  44. 2007-12-13
    ➕
    PLECHOWICZ, Michael William David appointed
    secretary
  45. 2007-12-13
    ➕
    BRADSHAW, Frank appointed
    director
  46. 2007-12-13
    ➕
    BRADSHAW, Wendy Joy appointed
    director
  47. 2007-12-13
    ➕
    PLECHOWICZ, Michael William David appointed
    director
  48. 2007-12-13
    ➕
    PLECHOWICZ, Peter Franklin John appointed
    director

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 61 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Prima Bakeries Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Prima Bakeries Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
CORNISH PREMIER PASTIES LIMITED
This company · 06453034

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
Prima Bakeries Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control21/12/2020
3 historic (ceased) PSCs
  • Mrs Fiona Rickceased 21/12/2020· 25-50% shares · 25-50% voting
  • Mr Frank Bradshawceased 21/12/2020· 25-50% shares · 25-50% voting
  • Mr Paul Jacksonceased 02/03/2020· 25-50% shares · 25-50% voting

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

Statusactive
Typeltd
Incorporated2007-12-13
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

Unit 4-5 Hurling Way
St. Columb Major Business Park
St. Columb
Cornwall
TR9 6SX
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-11-23
Last: 2025-11-09

Officers (2 active · 10 resigned)

BRAY, Andrew Paul→
director · ~49y · appointed 2025-03-19
View their other companies + combined net worth →
Active
NORTON, Lynne→
director · ~61y · appointed 2020-12-21
View their other companies + combined net worth →
Active
PLECHOWICZ, Michael William David→
secretary · appointed 2007-12-13 · resigned 2012-11-01
Resigned
RICK, Fiona→
secretary · appointed 2012-11-01 · resigned 2020-12-21
Resigned
BRADSHAW, Frank→
director · ~79y · appointed 2007-12-13 · resigned 2020-12-21
Resigned
BRADSHAW, Wendy Joy→
director · ~67y · appointed 2007-12-13 · resigned 2016-12-28
Resigned
JACKSON, Paul→
director · ~58y · appointed 2009-05-01 · resigned 2020-03-03
Resigned
JOBLING, Jason→
director · ~51y · appointed 2020-07-01 · resigned 2021-10-11
Resigned
NORTON, Mark Darron→
director · ~62y · appointed 2020-12-21 · resigned 2024-11-26
Resigned
PLECHOWICZ, Michael William David→
director · ~73y · appointed 2007-12-13 · resigned 2017-06-30
Resigned
PLECHOWICZ, Peter Franklin John→
director · ~74y · appointed 2007-12-13 · resigned 2017-06-30
Resigned
RICK, Fiona→
director · ~66y · appointed 2010-05-01 · resigned 2020-12-21
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge—14/10/2024—
satisfied
Tc Loans (Cbils) (as Security Trustee)
Tc Loans (Cbils) Limited (as Security Trustee)
A registered charge—21/12/202009/10/2024
satisfied
Frank Bradshaw
A registered charge1 property21/12/202019/01/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (104 total)

accounts-with-accounts-type-full
accounts · AA
2026-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-full
accounts · AA
2025-05-23
appoint-person-director-company-with-name-date
officers · AP01
2025-04-10
termination-director-company-with-name-termination-date
officers · TM01
2025-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-21
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-09-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-09-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-11
accounts-with-accounts-type-small
accounts · AA
2024-05-10
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-small
accounts · AA
2023-05-31
mortgage-satisfy-charge-full
mortgage · MR04
2023-01-19