EATON'S PATISSERIE LTD
💤Zombieactive
07178469 · ltd · incorporated 2010-03-04
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£455.1k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 4 lenders · oldest 12.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 12.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · 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.
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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £455,061
Cash draining
Cash down 62% YoY
Cash YoY
-62%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£8k
↓ 62% YoY
Net Worth
£455k
↑ 5.0% YoY
Current Assets
£1.2m
↑ 15% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £566.2k | £538.2k |
| Current assets | £1.16M | £1.01M |
| Cash | £7.7k | £20.1k |
| Debtors | £753.4k | £579.0k |
| Net assets | £455.1k | £433.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 capital
Last 180 days
2
filings
- • 1 capital
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-05-13📄capital-allotment-sharescapital · SH01
- 2025-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-30➖BALL, Susan Sherrill resigneddirector
- 2024-10-30➖RAWSON, Julie resigneddirector
- 2023-11-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-12➖BURNELL, Mark Wayne resigneddirector
- 2022-11-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-25🔒Charge registered #6Lender: Lloyds Bank Commercial Finance Limited
- 2022-10-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-18🔓Charge satisfied #5
- 2021-12-22📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-27📄change-person-director-company-with-change-dateofficers · CH01
- 2021-01-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-10-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-11-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2018-11-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-05🔒Charge registered #5Lender: Lloyds Bank Commercial Finance LTD
- 2018-07-03🔓Charge satisfied #2
- 2018-07-03🔓Charge satisfied #1
- 2018-06-08🔒Charge registered #4Lender: Lloyds Bank PLC
- 2018-06-08🔒Charge registered #3Lender: Lloyds Bank PLC
- 2017-02-16🔒Charge registered #2Lender: Barclays Bank PLC
- 2015-02-10➕BURNELL, Mark Wayne appointeddirector
- 2014-01-31🔒Charge registered #1Lender: Barclays Bank PLC
- 2010-03-10➕BALL, Susan Sherrill appointeddirector
- 2010-03-10➕RAWSON, Julie appointeddirector
- 2010-03-04🏢Company incorporatedAs EATON'S PATISSERIE LTD
- 2010-03-04➕EATON, Russell William appointeddirector
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "EATON" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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
1 med ·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
Eaton's Patisserie Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Eaton's Patisserie Holdings Ltd
Corporate parent · holds 75-100% shares · board control
⬇
EATON'S PATISSERIE LTD
This company · 07178469
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 |
|---|---|---|---|---|
Eaton's Patisserie Holdings Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
Active · Food & drink · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AT 36 MIDDLE STREET LTD→ 16365791 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BAYTREE & MCQUEEN LIMITED→ 14146006 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BRIXHAM MAID LTD→ 10536903 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| COCOBA HOLDINGS LIMITED→ 16671539 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COMPLETELY CURED LTD→ 12140256 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CORMORANT CHARCUTERIE LTD→ 16287946 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CURA UNDER YOUR SKIN LTD→ 16401724 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DARTMOOR BREWERY LIMITED→ 02909638 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| DARTMOOR COMMUNITY KITCHEN HUB→ 09273975 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| DEVON COAST DISTILLERY LIMITED→ 11365084 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DEVON TEQUILA COMPANY LIMITED→ 13939149 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| EXCEL SHELLFISH LIMITED→ 04269695 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2010-03-04
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered office
17 Combe Road
Torquay
Devon
TQ2 8EJ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-18
Last: 2026-03-04
Officers (1 active · 3 resigned)
EATON, Russell William→
Activedirector · ~56y · appointed 2010-03-04
View their other companies + combined net worth →
BALL, Susan Sherrill→
Resigneddirector · ~71y · appointed 2010-03-10 · resigned 2024-10-30
BURNELL, Mark Wayne→
Resigneddirector · ~57y · appointed 2015-02-10 · resigned 2023-09-12
RAWSON, Julie→
Resigneddirector · ~68y · appointed 2010-03-10 · resigned 2024-10-30
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
3
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank Commercial Finance Limited | A registered charge | — | 25/10/2022 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank Commercial Finance LTD | A registered charge | — | 05/07/2018 | 18/10/2022 | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 08/06/2018 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 08/06/2018 | — | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 16/02/2017 | 03/07/2018 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 31/01/2014 | 03/07/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (62 total)
capital-allotment-shares
capital · SH01
2026-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
termination-director-company-with-name-termination-date
officers · TM01
2024-11-08
termination-director-company-with-name-termination-date
officers · TM01
2024-11-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-27
termination-director-company-with-name-termination-date
officers · TM01
2023-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-26
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-09