CREDITON DAIRY LIMITED
🌳Matureactive
08490730 · ltd · incorporated 2013-04-16
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 12.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 10511
Sector: Manufacturing
Investor take
PursueActive trading company with a 66-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (78/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 12.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 12.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (57/100)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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 6 total, 6 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
3
filings
- • 3 persons-with-significant-control
Last 180 days
3
filings
- • 3 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-05-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-04-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-20📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-27📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-08-25📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-17📄accounts-with-accounts-type-fullaccounts · AA
- 2022-01-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-01-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-01-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-12-07📄memorandum-articlesincorporation · MA
- 2021-12-07📄resolutionresolution · RESOLUTIONS
- 2021-12-07📄resolutionresolution · RESOLUTIONS
- 2021-12-01📄capital-name-of-class-of-sharescapital · SH08
- 2021-12-01📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2021-11-16📄capital-allotment-sharescapital · SH01
- 2021-10-07📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-13📄capital-cancellation-sharescapital · SH06
- 2021-08-12🔓Charge satisfied #2
- 2021-08-12🔓Charge satisfied #1
- 2019-04-01➕HUME, Christopher James appointedsecretary
- 2019-03-15➖MURRAY, Stephen Michael resignedsecretary
- 2018-06-30➖ROBERTSON, Mark resigneddirector
- 2017-11-01➕ROBERTSON, Mark appointeddirector
- 2017-07-14➖HAWKES, Carolyn Jane resignedsecretary
- 2017-07-14➕MURRAY, Stephen Michael appointedsecretary
- 2015-10-13➕HAWKES, Carolyn Jane appointedsecretary
- 2013-08-01🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 2013-08-01🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2013-05-13➕SMIDDY, Timothy Noel appointeddirector
- 2013-04-16🏢Company incorporatedAs CREDITON DAIRY LIMITED
- 2013-04-16➕KENNEDY, Neil Angus appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Neil Angus Kennedy Individual · British · DOB 08/1960 · age 66 | — | — | sig. influencesignificant influence | 29/04/2026 |
Mr Timothy Noel Smiddy Individual · Irish · DOB 12/1969 · age 57 | — | — | sig. influencesignificant influence | 29/04/2026 |
4 historic (ceased) PSCs
- Regal Holdings Unlimitedceased 29/04/2026· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
- Church Lane Group Limitedceased 14/12/2023· 75-100% shares · 75-100% voting · board control
- Mr Neil Angus Kennedyceased 12/11/2021· 25-50% shares
- Mr Timothy Noel Smiddyceased 12/11/2021· 25-50% 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 · Food & drink · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CORONA SOFT DRINKS LTD→ 16205825 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| COSTERMONGER GROUP LTD→ 12099545 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| COTTAGE BEER PROJECT LIMITED→ 13022326 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CRAFTY CAKES LIMITED→ 04836824 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| CREDITON MILLING COMPANY LIMITED→ 00813541 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| DARKPLACE BREWERY LIMITED→ 10508191 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| DEVON DAIRY BRANDS→ 13590601 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DEVON DELICIOUS LIMITED→ 11977491 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| DEVON DRINKS SOLUTIONS LIMITED→ 14658368 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| DEVON RUSK COMPANY LIMITED→ 14251315 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DEVONIA WATER LTD→ 08960379 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| DEVONVALE LIMITED→ 04399540 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
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
Incorporated2013-04-16
Jurisdictionengland-wales
Primary SIC10511 — SIC 10511
Registered office
Head Office
Church Lane
Crediton
Devon
EX17 2AH
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11
Officers (3 active · 3 resigned)
HUME, Christopher James→
Activesecretary · appointed 2019-04-01
View their other companies + combined net worth →
KENNEDY, Neil Angus→
Activedirector · ~66y · appointed 2013-04-16
View their other companies + combined net worth →
SMIDDY, Timothy Noel→
Activedirector · ~57y · appointed 2013-05-13
View their other companies + combined net worth →
HAWKES, Carolyn Jane→
Resignedsecretary · appointed 2015-10-13 · resigned 2017-07-14
MURRAY, Stephen Michael→
Resignedsecretary · appointed 2017-07-14 · resigned 2019-03-15
ROBERTSON, Mark→
Resigneddirector · ~66y · appointed 2017-11-01 · resigned 2018-06-30
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | A registered charge | 2 properties | 01/08/2013 | 12/08/2021 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 2 properties | 01/08/2013 | 12/08/2021 |
Recent filings (80 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-05-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-11
accounts-with-accounts-type-full
accounts · AA
2025-08-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-11
accounts-with-accounts-type-full
accounts · AA
2024-08-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-12
accounts-with-accounts-type-full
accounts · AA
2023-08-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-28
accounts-with-accounts-type-full
accounts · AA
2022-08-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-04