LOLA'S CUPCAKES (HOLDINGS) LIMITED
Opportunity 70/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (65/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 12.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 12.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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.
Recent activity
- • 4 capital
- • 2 mortgage
- • 2 resolution
Corporate timeline (53 events)Click to expand
- 2025-12-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-26🔒Charge registered #4Lender: Glas Trust Corporation Limited (As Security Agent and Trustee for the Beneficiaries)
- 2025-11-14📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-11-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-11-13📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2025-11-10📄capital-name-of-class-of-sharescapital · SH08
- 2025-11-10📄memorandum-articlesincorporation · MA
- 2025-11-10📄resolutionresolution · RESOLUTIONS
- 2025-11-07📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2025-11-07📄legacycapital · SH20
- 2025-11-07⚠️legacyinsolvency · CAP-SS
- 2025-11-07📄resolutionresolution · RESOLUTIONS
- 2025-11-04📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2025-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-31🔒Charge registered #3Lender: Glas Trust Corporation Limited (As Security Agent)
- 2025-10-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-21🔓Charge satisfied #2
- 2025-08-18📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-08-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-18📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2025-08-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-08-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-08-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-15➕ONE ADVISORY LIMITED appointedcorporate-secretary
- 2025-08-15➕DUFFY, John Gerald appointeddirector
- 2025-08-15➕HILL, Steven Paul appointeddirector
- 2025-08-15➕STADDON, Simon Charles appointeddirector
- 2025-08-15➖BUDWIG, Debra Ruth resignedsecretary
- 2025-08-15➖JAYSON, Geoffrey Russell resigneddirector
- 2025-08-15➖SOLOMON, Harry, Sir resigneddirector
- 2025-01-28🔓Charge satisfied #1
- 2022-01-01➕BUDWIG, Mario Kurt appointeddirector
- 2022-01-01➖O'SULLIVAN, Richard Edward resigneddirector
- 2019-01-01➕O'SULLIVAN, Richard Edward appointeddirector
- 2016-02-11🔒Charge registered #2Lender: Santander UK PLC
- 2014-03-03🔒Charge registered #1Lender: Heathside Investments Limited
- 2013-01-29➖BUDWIG, Mario Kurt resigneddirector
- 2012-07-10➕BUDWIG, Debra Ruth appointedsecretary
- 2012-07-10➖JAYSON, Geoffrey Russell resignedsecretary
- 2012-07-10➕SOLOMON, Harry, Sir appointeddirector
- 2011-12-02➕BUDWIG, Asher Scott Jose appointeddirector
- 2011-12-02➕JAYSON, Geoffrey Russell appointedsecretary
- 2011-12-02➖CHALFEN SECRETARIES LIMITED resignedcorporate-secretary
- 2011-12-02➕BUDWIG, Mario Kurt appointeddirector
- 2011-12-02➕JAYSON, Geoffrey Russell appointeddirector
- 2011-12-02➖PURDON, Jonathan Gardner resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high · 2 med ·Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-11-07: legacy
Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BUDWIG, Debra Ruth resigned 2025-08-15; JAYSON, Geoffrey Russell resigned 2025-08-15; SOLOMON, Harry, Sir resigned 2025-08-15
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Finsbury Food Group Limited holds majority control (50-75%). Likely parent but not wholly-owned.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Finsbury Food Group Limited Corporate entity | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 15/08/2025 |
2 historic (ceased) PSCs
- Mr Asher Scott Jose Budwigceased 15/08/2025· 25-50% shares
- Sir Harry Solomonceased 15/08/2025· 25-50% shares
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.
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9 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 (6 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Glas Trust Corporation (As Security Agent and Trustee for the Beneficiaries) Glas Trust Corporation Limited (As Security Agent and Trustee for the Beneficiaries) | A registered charge | 1 property | 26/11/2025 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 31/10/2025 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | — | 11/02/2016 | 21/10/2025 | |
| satisfied | Heathside Investments Heathside Investments Limited | A registered charge | 1 property | 03/03/2014 | 28/01/2025 |