CORNISH CABINET & JOINERY CO LTD
💤Zombieactive
13847965 · ltd · incorporated 2022-01-13
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 Mar 2026
Net worth
£51.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
ALSO REGISTERED FOR
- 31090Manufacture of other furniture
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 75/100 (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: Cash flow review and working-capital discipline. Cash down -85% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
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, 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
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 declaredPositive net assets
Net assets £51,130
Cash draining
Cash down 85% YoY
Cash YoY
-85%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↓ 85% YoY
Net Worth
£51k
↑ 6438% YoY
Current Assets
£16k
↓ 3.2% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Total assets | £97.0k | £68.2k |
| Current assets | £16.3k | £16.8k |
| Cash | £1.9k | £12.8k |
| Debtors | £3.6k | — |
| Net assets | £51.1k | £782 |
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
4
filings
- • 2 persons-with-significant-control
- • 1 address
- • 1 accounts
Last 90 days
4
filings
- • 2 persons-with-significant-control
- • 1 address
- • 1 accounts
Last 180 days
4
filings
- • 2 persons-with-significant-control
- • 1 address
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-07-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-07-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-07-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-06-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-07-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-29📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2024-04-29📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2024-04-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-29📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2024-04-29📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2024-04-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-23📄capital-allotment-sharescapital · SH01
- 2022-11-23📄resolutionresolution · RESOLUTIONS
- 2022-11-23📄memorandum-articlesincorporation · MA
- 2022-02-02📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-02-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-13🏢Company incorporatedAs CORNISH CABINET & JOINERY CO LTD
- 2022-01-13➕DRAYCOTT, Darren appointeddirector
- 2022-01-13📄incorporation-companyincorporation · NEWINC
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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
3 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Draycott Individual · British · DOB 07/1991 · age 35 | 25–50% | — | 25-50% shares | 21/11/2022 |
Mrs Sarah Elizabeth Draycott Individual · British · DOB 01/1966 · age 60 | 25–50% | — | 25-50% shares | 21/11/2022 |
Mr Darren Draycott Individual · British · DOB 08/1963 · age 63 | 25–50% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/01/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · PL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CHROMACON HOLDINGS LIMITED→ 11815462 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CIGAIRETTE LTD.→ 13455144 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| COASTAL CONNECTIONS (CORNWALL) LIMITED→ 16693977 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COATING SOLUTIONS (SW) LTD→ 12527084 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| COLOUR EARTH LIMITED→ 15528428 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| COMMS GLUE LIMITED→ 09998059 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| COMPOSITE INTEGRATION LTD→ 04414508 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| CONLAN ELECTRICAL SERVICES LTD→ 14196653 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CONTINENTAL ENGRAVERS (PRECISION) LIMITED→ 00819854 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| COOL-WHIP CAMPERS LTD→ 12455243 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| COREDOCS LIMITED→ 16859568 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CORNISH ESSENTIAL OILS LIMITED→ 11345544 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2022-01-13
Jurisdictionengland-wales
Primary SIC16230 — Manufacture of other builders' carpentry and joinery
Registered office
1 The Roundhouse Harbour Road
Par
St Austell
Cornwall
PL24 2BB
England
Filing status
Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2027-01-21
Last: 2026-01-07
Officers (1 active · 0 resigned)
DRAYCOTT, Darren→
Activedirector · ~63y · appointed 2022-01-13
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (24 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-07-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-07-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-07-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-05
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-04-29
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2024-04-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-29
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-04-29
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2024-04-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-29