CHELTENHAM BAKERS LIMITED

💤Zombieactive
08250680 · ltd · incorporated 2012-10-12
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
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Turnover
year to Oct 2024
Net worth
£11.1k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (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 (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £11,122

Key financials

1 year extracted from filed iXBRL accounts
Cash
£56k
Net Worth
£11k
Current Assets
£136k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-31
Total assets£58.9k
Current assets£136.2k
Cash£56.3k
Debtors£79.0k
Net assets£11.1k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-30
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2024-11-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-09-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-09-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-04-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-05-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-07-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2012-10-12
    🏢
    Company incorporated
    As CHELTENHAM BAKERS LIMITED
  17. 2012-10-12
    ALAMDARI, Pasha Pashapour appointed
    director

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
Strong succession signal

Multiple 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 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Haleh Norooz Mazandarani
Individual · Iranian · DOB 06/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control30/06/2024
Mr Pasha Pashapour Alamdari
Individual · Iranian · DOB 05/1979 · age 47
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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 →

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11787658 · est 2019 · no financials extracted
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09231951 · est 2014 · no financials extracted
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16648770 · est 2025 · no financials extracted
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15778083 · est 2024 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2012-10-12
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

4 Ashlea Meadow
Bishops Cleeve
Cheltenham
GL52 7WG
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-07
Last: 2025-07-24

Officers (1 active · 0 resigned)

ALAMDARI, Pasha Pashapour
director · ~47y · appointed 2012-10-12
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (33 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
change-account-reference-date-company-current-extended
accounts · AA01
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
change-person-director-company-with-change-date
officers · CH01
2021-04-22