WINDSOR HOME BAKERY LTD

🌳Matureactive
NI625946 · ltd · incorporated 2014-08-01
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 Nov 2024
Net worth
£344.8k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
ALSO REGISTERED FOR
  • 47240Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 80/100 (exceptional), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 11.5y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 11.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
3 charges (3/3 with lender, 3/3 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
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £344,751

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£345k
↑ 46% YoY
Current Assets
£187k
↑ 14% YoY
Current Liabilities
—
£0£69k£138k£207k£276k£345kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£394.6k£312.3k
Current assets£187.3k£164.0k
Debtors£105.9k£101.6k
Net assets£344.8k£235.3k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-05-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-07-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-06-01
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-02-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-02-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-01-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-09-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2022-09-01
    🔓
    Charge satisfied #3
  9. 2022-06-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-06-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2022-06-14
    🔒
    Charge registered #3
    Lender: Aib Group (UK) P.L.C
  12. 2022-06-14
    🔒
    Charge registered #2
    Lender: Aib Group (UK) P.L.C.
  13. 2022-06-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2021-04-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2020-06-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2019-08-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2019-07-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2018-06-05
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2017-07-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2015-12-01
    ➕
    EDWARDS, Linda Ann appointed
    director
  21. 2014-12-02
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  22. 2014-08-01
    🏢
    Company incorporated
    As WINDSOR HOME BAKERY LTD
  23. 2014-08-01
    ➕
    EDWARDS, John appointed
    director

Owner dependency

79/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

61/100
Strong succession signal

Multiple 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.
  • 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mrs Linda Ann Edwards
Individual · Irish · DOB 06/1966 · age 60
25–50%
25–50%25-50% shares · 25-50% voting24/06/2019
Mr John Barry Edwards
Individual · British · DOB 10/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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£2.71M–£4.64M
£9.80M—1100046y8579y
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
Incorporated2014-08-01
Jurisdictionnorthern-ireland
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

27a Kernan Road
Gilford
Co Armagh
BT63 6BX

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-08-15
Last: 2025-08-01

Officers (2 active · 0 resigned)

EDWARDS, John→
director · ~63y · appointed 2014-08-01
View their other companies + combined net worth →
Active
EDWARDS, Linda Ann→
director · ~60y · appointed 2015-12-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Aib Group (UK) P.L.C
A registered charge—14/06/202201/09/2022
outstanding
Aib Group (UK) P.L.C.
A registered charge1 property14/06/2022—
outstanding
Aib Group (UK)
Aib Group (UK) PLC
A registered charge—02/12/2014—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (33 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-23
mortgage-satisfy-charge-full
mortgage · MR04
2022-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-10