CODEBREAKER BREW CO. LTD
🌳Matureactive
09456073 · ltd · incorporated 2015-02-24
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
£-301.7k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Manufacture of beer
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (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: Cash flow review and working-capital discipline. Cash down -31% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (80/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
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 declaredNegative net assets
Liabilities exceed assets by £301,654
Cash YoY
-31%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↓ 31% YoY
Net Worth
-£302k
↓ 20% YoY
Current Assets
£14k
↑ 2.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-281.7k | £-231.7k |
| Current assets | £13.8k | £13.6k |
| Cash | £1.5k | £2.1k |
| Debtors | £5.2k | £3.2k |
| Net assets | £-301.7k | £-251.7k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-16✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-07-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-04-05📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2016-07-08➕STRANGE, Tom Charles Fleming appointeddirector
- 2015-02-24🏢Company incorporatedAs CODEBREAKER BREW CO. LTD
- 2015-02-24➕STRANGE, William Peter Fleming appointeddirector
Owner dependency
71/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
41/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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 William Peter Fleming Strange Individual · British · DOB 04/1984 · age 42 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mr Tom Charles Fleming Strange Individual · British · DOB 06/1986 · age 40 | 25–50% | — | 25-50% shares | 06/04/2021 |
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 · LN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AQUA LABS CHEMICALS LTD→ 12379739 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ASSET HEALTH PRODUCTS LTD→ 13975552 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BAKES BY SONIA LTD→ 13686994 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BENSLEYS HOME MADE ICE CREAM LTD→ 11811115 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BONNIES HEALTH LIMITED→ 15494131 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BOSS OF BOSSES GLOBAL LIMITED→ 08516906 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BRANSTON LIMITED→ 02889789 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| CHARLIEBOYBBQ LTD→ 14300726 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| COULSONS YARD LIMITED→ 13897795 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CURRY JACKS LIMITED→ 10974606 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CURTIS OF LINCOLN LIMITED→ 08046640 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| DAISY MADE FARM LIMITED→ 09379620 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2015-02-24
Jurisdictionengland-wales
Primary SIC11050 — Manufacture of beer
Registered office
Unit 7 Discovery Court
North Hykeham
Lincoln
LN6 3AJ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-10
Last: 2026-02-24
Officers (2 active · 0 resigned)
STRANGE, Tom Charles Fleming→
Activedirector · ~40y · appointed 2016-07-08
View their other companies + combined net worth →
STRANGE, William Peter Fleming→
Activedirector · ~42y · appointed 2015-02-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (35 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
certificate-change-of-name-company
change-of-name · CERTNM
2022-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-04-06