CORNISH TRAILERS LIMITED

🌳Matureactive
08774943 · ltd · incorporated 2013-11-14
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 Nov 2023
Net worth
£8.4k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 29202
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (70/100)

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
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
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
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 £8,411

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£8k
Current Assets
£15k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-11-30
Total assets£14.8k
Current assets£15.1k
Net assets£8.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 2 persons-with-significant-control
Last 180 days
2
filings
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-05-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-05-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-08-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-04-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-04-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-04-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-04-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-04-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2025-04-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2024-07-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-07-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-07-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2013-11-14
    🏢
    Company incorporated
    As CORNISH TRAILERS LIMITED
  18. 2013-11-14
    TRENGOVE, Anne Elizabeth appointed
    director
  19. 2013-11-14
    TRENGOVE, Keith appointed
    director

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • 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

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 Anne Elizabeth Trengove
Individual · British · DOB 08/1960 · age 66
2550%
25–50%25-50% shares · 25-50% voting01/05/2026
Mr Keith Trengove
Individual · British · DOB 05/1956 · age 70
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Anne Trengoveceased 01/05/2026· 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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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Company details

Statusactive
Typeltd
Incorporated2013-11-14
Jurisdictionengland-wales
Primary SIC29202 — SIC 29202

Registered office

Ottava Chapel Hill
Brea
Camborne
TR14 9AZ
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-21
Last: 2025-11-07

Officers (2 active · 0 resigned)

TRENGOVE, Anne Elizabeth
director · ~66y · appointed 2013-11-14
View their other companies + combined net worth →
Active
TRENGOVE, Keith
director · ~70y · appointed 2013-11-14
View their other companies + combined net worth →
Active

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

Recent filings (35 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-05-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-11
change-person-director-company-with-change-date
officers · CH01
2025-04-04
change-person-director-company-with-change-date
officers · CH01
2025-04-04
change-person-director-company-with-change-date
officers · CH01
2025-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-16