CALIFORNIA WINES LIMITED

🌳Matureactive
10246979 · ltd · incorporated 2016-06-23
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 5.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£491.9k
book net assets
Opportunity
67/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed retail with salvageable qualities — special-situations priority.

Opportunity 67/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 5.3y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 5.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
2 charges (2/2 with lender, 2/2 with type)
90
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
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £491,860
Cash YoY
+9%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£561k
↑ 8.7% YoY
Net Worth
£492k
~ YoY
Current Assets
£601k
↑ 1.9% YoY
Current Liabilities
£0£120k£240k£361k£481k£601kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£499.4k£508.4k
Current assets£601.0k£590.0k
Cash£560.7k£515.8k
Debtors£5.3k£44.1k
Net assets£491.9k£488.3k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-02-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-03-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-01-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-05-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2021-05-14
    🔒
    Charge registered #2
    Lender: Barclays Security Trustee Limited
  8. 2021-03-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2021-03-17
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  10. 2020-10-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-05-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2019-04-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-01-08
    📄
    administrative-restoration-company
    restoration · RT01
  15. 2018-11-27
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  16. 2018-09-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2018-03-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2017-10-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2016-06-23
    🏢
    Company incorporated
    As CALIFORNIA WINES LIMITED
  20. 2016-06-23
    GNANASEKARAN, Gopithas appointed
    director
  21. 2016-06-23
    THAYALAN, Kajan appointed
    director

Owner dependency

63/100
High — earn-out structure required

Material 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.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited 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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-07-06

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Gopithas Gnanasekaran
Individual · British · DOB 08/1989 · age 37
2550%
25-50% shares22/06/2017
Mr Kajan Thayalan
Individual · British · DOB 11/1986 · age 40
2550%
25-50% shares22/06/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · CA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AS3 PERFORMANCE LIMITED
13127519 · est 2021 · no financials extracted
5y
BILLY BOGEY LIMITED
12600303 · est 2020 · no financials extracted
5y
BITWAX LTD
12070861 · est 2019 · no financials extracted
6y
BRUCCIANI (CARLISLE) LIMITED
05311041 · est 2004 · no financials extracted
21y
BY MOLLY&IZZIE LTD
11161345 · est 2018 · no financials extracted
8y
CAD MEDICAL LTD
14958811 · est 2023 · no financials extracted
2y
CAPTIVITAS LTD
12690291 · est 2020 · no financials extracted
5y
CARA DAN ENTERPRISES LIMITED
07512196 · est 2011 · no financials extracted
15y
CARAMAZ LTD
16579344 · est 2025 · no financials extracted
CARLISLE BARGAIN STORE LTD
16613455 · est 2025 · no financials extracted
CARLISLE BUSINESS SUPPLIES LIMITED
04491955 · est 2002 · no financials extracted
23y
CARLISLE CATHEDRAL ENTERPRISES LIMITED
01652511 · est 1982 · no financials extracted
43y
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
Incorporated2016-06-23
Jurisdictionengland-wales
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

16 Rydal Street
Frizington
Cumbria
CA26 3PY

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-06OVERDUE
Last: 2025-06-22

Officers (2 active · 0 resigned)

GNANASEKARAN, Gopithas
director · ~37y · appointed 2016-06-23
View their other companies + combined net worth →
Active
THAYALAN, Kajan
director · ~40y · appointed 2016-06-23
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge14/05/2021
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge17/03/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-05-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-24
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-28