THE ORIGINAL CAKE COMPANY LIMITED
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 5.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 4000 | 3800 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
Corporate timeline (32 events)Click to expand
- 2025-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-16📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2023-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-31🔒Charge registered #1Lender: National Westminster Bank Public Limited Company
- 2021-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-03-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-03-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-03-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-09➖THORNE, Michael Julian Wade resigneddirector
- 2019-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-04📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-05-19➖ROBINSON, Stuart John resigneddirector
- 2016-01-31➖CAMPBELL, Graham Malcolm Mclaren resigneddirector
- 2016-01-31➖CAMPBELL, Ian David Malcolm resigneddirector
- 2016-01-27➖CURRIE, Allan resignedsecretary
- 2016-01-27➖CURRIE, Allan resigneddirector
- 2015-07-01➕WOODIWISS, Simon Kirt appointeddirector
- 2014-01-09➕CAMPBELL, Graham Malcolm Mclaren appointeddirector
- 2014-01-09➕CAMPBELL, Ian David Malcolm appointeddirector
- 2013-06-01➕CURRIE, Allan appointeddirector
- 2013-06-01➕ROBINSON, Stuart John appointeddirector
- 2008-05-27➕CURRIE, Allan appointedsecretary
- 2008-05-12🏢Company incorporatedAs THE ORIGINAL CAKE COMPANY LIMITED
- 2008-05-12➕THORNE, Michael Julian Wade appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanGroup structure
Two Bald Bakers 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 |
|---|---|---|---|---|
Two Bald Bakers Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 09/03/2020 |
2 historic (ceased) PSCs
- Mr Stuart John Robinsonceased 09/03/2020· 25-50% shares · 25-50% voting
- Mr Michael Julian Wade Thorneceased 09/03/2020· 50-75% shares · 50-75% voting
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 (1 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank Public Company National Westminster Bank Public Limited Company | A registered charge | — | 31/03/2021 | — |