CORNFORTH FINANCE LIMITED
🌳Matureactive
08436498 · ltd · incorporated 2013-03-08
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-2.7k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Activities of open-ended investment companies
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).
Data confidence
Overall: high (82/100)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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
4 active PSC(s) of 5 total, 5 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
44 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 · FRS 102Negative net assets
Liabilities exceed assets by £2,743
Cash YoY
+108%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£108
↑ 108% YoY
Net Worth
-£3k
↓ 25% YoY
Current Assets
£4k
↑ 1.6% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-2.7k | £-2.2k |
| Current assets | £3.6k | £3.6k |
| Cash | £108 | £52 |
| Debtors | £3.5k | £3.5k |
| Net assets | £-2.7k | £-2.2k |
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
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-17📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-12-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-12-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-31➕BAKER, Peter James appointeddirector
- 2022-03-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-22➖WATSON, Peter George resigneddirector
- 2019-10-28➕WATSON, Ralph Benjamin appointeddirector
- 2016-11-29➖MULLINEAUX, William Thomas resignedsecretary
- 2013-03-08🏢Company incorporatedAs CORNFORTH FINANCE LIMITED
- 2013-03-08➕MULLINEAUX, William Thomas appointedsecretary
- 2013-03-08➕WATSON, Peter George appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Mills And Reeve Trust Corporation Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mills And Reeve Trust Corporation Limited
Corporate parent · holds 75-100% shares
⬇
CORNFORTH FINANCE LIMITED
This company · 08436498
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
4 active beneficial owners · dominant holder ≥75% · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mills And Reeve Trust Corporation Limited Corporate entity | 75–100% | — | 75-100% shares | 22/12/2023 |
Mrs Aida Shisa Watson Individual · British · DOB 04/1977 · age 49 | 75–100% | — | 75-100% shares | 22/12/2021 |
Mr Ralph Benjamin Watson Individual · British · DOB 04/1980 · age 46 | 75–100% | 25–50% | 75-100% shares · 75-100% voting | 22/12/2021 |
Mr Peter James Baker Individual · British · DOB 10/1981 · age 45 | 75–100% | 50–75% | 75-100% shares · 75-100% voting | 22/12/2021 |
1 historic (ceased) PSC
- Mr Peter George Watsonceased 22/12/2021· 75-100% shares
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 · Financial services · FY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALLIUM MONEY LIMITED→ 10977963 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BOWMORE INVESTMENTS LIMITED→ 09924895 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CLIFTON COMMERCIAL FINANCE LTD→ 12031780 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| COMFORIN FUNDING LIMITED→ 16415911 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CONSTRUCTIVE ASSET FINANCE LTD→ 14996682 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| COOPER PROPERTY CLAIMS LIMITED→ 15189010 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CORDATUS CONSULTING LIMITED→ 14252883 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CORPORATE & PERSONAL WEALTH SOLUTIONS LIMITED→ 09594052 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| COX LCF LTD→ 09353678 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CRANLEIGH HOUSE ASSOCIATES LTD→ 07366925 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| CUSTODIAN FINANCIAL MANAGEMENT LIMITED→ 10909396 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CYK CONSULTING LIMITED→ 09693874 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2013-03-08
Jurisdictionengland-wales
Primary SIC64304 — Activities of open-ended investment companies
Registered office
17 Wood Street
St Annes-On-Sea
Lancashire
FY8 1QR
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-12
Last: 2025-12-29
Officers (2 active · 2 resigned)
BAKER, Peter James→
Activedirector · ~45y · appointed 2022-10-31
View their other companies + combined net worth →
WATSON, Ralph Benjamin→
Activedirector · ~46y · appointed 2019-10-28
View their other companies + combined net worth →
MULLINEAUX, William Thomas→
Resignedsecretary · appointed 2013-03-08 · resigned 2016-11-29
WATSON, Peter George→
Resigneddirector · ~76y · appointed 2013-03-08 · resigned 2021-12-22
Click a director name to see their full track record across all companies.
Recent filings (44 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-17
change-person-director-company-with-change-date
officers · CH01
2024-01-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-12-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-12-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-12-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27