CONDOR WINES LTD
🌳Matureactive
07670221 · ltd · incorporated 2011-06-15
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£330.5k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 46342
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 54). 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 (58/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 14.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 14.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
57 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 £330,466
Cash YoY
-16%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£261k
↓ 16% YoY
Net Worth
£330k
↑ 8.5% YoY
Current Assets
£1.1m
↓ 18% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £389.1k | £401.3k |
| Current assets | £1.13M | £1.38M |
| Cash | £260.7k | £311.4k |
| Debtors | £572.8k | £551.7k |
| Net assets | £330.5k | £304.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 90 days
8
filings
- • 2 miscellaneous
- • 2 persons-with-significant-control
- • 2 officers
Last 180 days
8
filings
- • 2 miscellaneous
- • 2 persons-with-significant-control
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-07-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-06-10📄legacymiscellaneous · RP01PSC01
- 2026-06-02📄legacymiscellaneous · RP01PSC01
- 2026-05-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-05-26📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-26📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-09-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-11-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-03📄change-person-director-company-with-change-dateofficers · CH01
- 2020-07-01📄change-to-a-person-with-significant-control-without-name-datepersons-with-significant-control · PSC04
- 2020-06-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-01-28🔓Charge satisfied #2
- 2019-01-25🔒Charge registered #3Lender: Lloyds Bank Commercial Finance LTD
- 2017-10-30🔒Charge registered #2Lender: Growth Street Provision Limited
- 2017-10-24🔓Charge satisfied #1
- 2012-07-04🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2011-06-15🏢Company incorporatedAs CONDOR WINES LTD
- 2011-06-15➕EVANS, Lee Andrew appointeddirector
- 2011-06-15➕EVANS, Maria Soledad appointeddirector
Owner dependency
81/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 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.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lee Andrew Evans Individual · British · DOB 01/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Maria Soledad Evans Individual · Argentine · DOB 03/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Lee Evansceased 01/08/2017· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| CLEVER TECHNOLOGY SOLUTIONS LTD→ 08395135 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| CORE AIR TECH LIMITED→ 15839935 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CORTAL LIMITED→ 16398672 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CP COLLECTIVE LTD→ 17026451 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CPAR DELIVERY SERVICE LTD→ 15828791 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CRAFTED IN SPACE LTD→ 15345750 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CURED HAM SPECIALIST LTD→ 11697518 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CWF OXFORD LIMITED→ 10365099 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CYGNET ELECTRONICS LIMITED→ 01835617 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| D DIRECT LIMITED→ 10986743 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| DACASTELLO LIMITED→ 08583445 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| DACILINE LTD→ 14353736 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2011-06-15
Jurisdictionengland-wales
Primary SIC46342 — SIC 46342
Registered office
16 Henge Court Thame
Oxon
Oxfordshire
OX9 2FX
England
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-06-29
Last: 2026-06-15
Officers (2 active · 0 resigned)
EVANS, Lee Andrew→
Activedirector · ~52y · appointed 2011-06-15
View their other companies + combined net worth →
EVANS, Maria Soledad→
Activedirector · ~54y · appointed 2011-06-15
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank Commercial Finance LTD | A registered charge | — | 25/01/2019 | — | |
| satisfied | Growth Street Provision Growth Street Provision Limited | A registered charge | — | 30/10/2017 | 28/01/2019 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 04/07/2012 | 24/10/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (57 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-07-16
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-30
legacy
miscellaneous · RP01PSC01
2026-06-10
legacy
miscellaneous · RP01PSC01
2026-06-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-26
change-person-director-company-with-change-date
officers · CH01
2026-05-26
change-person-director-company-with-change-date
officers · CH01
2026-05-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-20