CORNLAB INNOVATIONS LTD

💤Zombieactive
13191779 · ltd · incorporated 2021-02-10
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 10612
Sector: Manufacturing
ALSO REGISTERED FOR
  • 53202Unlicenced Carrier
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees100100

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2024-07-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-05-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2024-01-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-12-31
    ABENSON, Yaakov resigned
    director
  8. 2023-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-02-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-02-13
    HIRSCH, Nathan resigned
    director
  11. 2022-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-07-16
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2021-04-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2021-04-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2021-04-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2021-04-26
    SCHLEIDER, Joseph Zvi appointed
    director
  17. 2021-04-26
    HIRSCH, Nathan appointed
    director
  18. 2021-04-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-04-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2021-02-10
    🏢
    Company incorporated
    As CORNLAB INNOVATIONS LTD
  21. 2021-02-10
    ABENSON, Yaakov appointed
    director
  22. 2021-02-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Punica Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Punica Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
CORNLAB INNOVATIONS LTD
This company · 13191779

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Punica Group Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control · trust interest · firm interest23/07/2024
2 historic (ceased) PSCs
  • Mr Joseph Zvi Schleiderceased 23/07/2024· significant influence
  • Mr Yaakov Abensonceased 26/04/2021· 75-100% shares · 75-100% voting · board control

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2021-02-10
Jurisdictionengland-wales
Primary SIC10612 — SIC 10612

Registered office

163 Alexandra Road
Gateshead
NE8 1RB
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (1 active · 2 resigned)

SCHLEIDER, Joseph Zvi
director · ~41y · appointed 2021-04-26
View their other companies + combined net worth →
Active
ABENSON, Yaakov
director · ~37y · appointed 2021-02-10 · resigned 2023-12-31
Resigned
HIRSCH, Nathan
director · ~49y · appointed 2021-04-26 · resigned 2023-02-13
Resigned

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

Recent filings (22 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-07-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-23
certificate-change-of-name-company
change-of-name · CERTNM
2024-05-22
termination-director-company-with-name-termination-date
officers · TM01
2024-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-31
termination-director-company-with-name-termination-date
officers · TM01
2023-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-09
change-account-reference-date-company-current-shortened
accounts · AA01
2021-07-16