COVE MUSIC LIMITED
🌳Matureactive
10239497 · ltd · incorporated 2016-06-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
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 |
|---|---|---|
| Average employees | 300 | 300 |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-15📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2022-06-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-17📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-03-08📄gazette-notice-compulsorygazette · GAZ1
- 2020-11-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2016-06-20🏢Company incorporatedAs COVE MUSIC LIMITED
- 2016-06-20➕SPENCER-WORTLEY, Oliver William George appointeddirector
- 2016-06-20➕SPENCER-WORTLEY, Thomas Edward George appointeddirector
- 2016-06-20➕WORTLEY, Karen Elizabeth 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
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- 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 |
|---|---|---|---|---|
Thomas Edward George Spencer-Wortley Individual · British · DOB 05/1982 · age 44 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/06/2016 |
Oliver William George Spencer-Wortley Individual · British · DOB 12/1984 · age 42 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Leisure & entertainment · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRIGHTER FUTURE STUDIO LIMITED→ 12550923 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CLYST HYDON CRICKET & SPORTS CLUB→ 14042343 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| COACH HOUSE ARTS LTD→ 06148887 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| CORDEN STUDIOS LTD→ 13772782 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CORE OFFROAD EVENTS LTD→ 09598749 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CORNISH ROCK TORS LIMITED→ 05868810 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| CORNISH SECRETS LTD→ 13296861 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| COUNTY CASTLE FITNESS LTD→ 16617920 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CRACKSHOT LIMITED→ 09035383 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CRAFTY MEDIC CREATIONS LTD→ 16567962 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CRANBROOK YOUTH CLUB CIC→ 14503611 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CRASHING WAVE MUSIC LIMITED→ 06357670 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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
Incorporated2016-06-20
Jurisdictionengland-wales
Primary SIC90030 — Artistic creation
Registered office
Holly Cottage
Shirwell
Barnstaple
EX31 4JR
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-07-03
Last: 2026-06-19
Officers (3 active · 0 resigned)
SPENCER-WORTLEY, Oliver William George→
Activedirector · ~42y · appointed 2016-06-20
View their other companies + combined net worth →
SPENCER-WORTLEY, Thomas Edward George→
Activedirector · ~44y · appointed 2016-06-20
View their other companies + combined net worth →
WORTLEY, Karen Elizabeth→
Activedirector · ~67y · appointed 2016-06-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (42 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-15
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2022-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-28
gazette-filings-brought-up-to-date
gazette · DISS40
2022-03-23
change-person-director-company-with-change-date
officers · CH01
2022-03-22
change-person-director-company-with-change-date
officers · CH01
2022-03-22
change-person-director-company-with-change-date
officers · CH01
2022-03-22