CORNISH TRAVEL LIMITED
Opportunity 75/100 (strong), bankability 75/100. 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).
Data confidence
Overall: medium (78/100)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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Average employees | 0 | -100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 confirmation-statement
Corporate timeline (17 events)Click to expand
- 2025-08-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-11-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2014-12-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-08-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-01-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2008-11-28🏢Company incorporatedAs CORNISH TRAVEL LIMITED
- 2008-11-28➕BAWDEN, Stephen Paul appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 18 years old with no director changes — suggests a very tight-knit founder team never broadened.
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.
- secondary12+ year tenure: Director in role 18 years.
- 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Paul Bawden Individual · British · DOB 08/1970 · age 56 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Transport & logistics · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A2B TAXIS NEWQUAY LIMITED→ 11064997 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ABACUS AND FALMOUTH TAXIS LIMITED→ 06636778 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| APOLLO EC TRURO TAXIS LTD→ 15288481 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCOACHES LIMITED→ 16781976 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AZAR BATRI UORMIYA CONSULTING LTD→ 16862619 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COAST PATH COURIERS LTD→ 15042808 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| COASTAL STORAGE (CORNWALL) LIMITED→ 10908993 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CONSTANTINE QUAY COMMUNITY INTEREST COMPANY→ 12834478 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CORNISH BOAT TOURS LTD→ 14699407 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CORNISH DREAM CHARTERS LIMITED→ 07972073 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CORNISH SAILING ACADEMY LTD→ 16146637 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CORNWALL AIRPORT LIMITED→ 06098925 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
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 · 0 resigned)
Click a director name to see their full track record across all companies.