CENTRAL BAKERY SUPPLIES LTD.

🌳Matureactive

SC370821 · ltd · incorporated 2010-01-07

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 8.7y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 8.7y

85/100

ready

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

· Oldest live charge is 8.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

3 officers (2 active, 3 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

5 connected companies via shared directors

Filing history

43 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-09-30	2023-09-30
Average employees	900	900

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-01-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-10-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-24
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2018-01-11
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-10-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2017-08-17
🔒
Charge registered #1
Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
2016-10-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-09-03
➕
WEBB, Eli appointed
director
2010-04-02
➖
MACKINNON, Karen Alison resigned
director
2010-04-01
➕
MCCULLAGH, John appointed
director
2010-01-07
🏢
Company incorporated
As CENTRAL BAKERY SUPPLIES LTD.
2010-01-07
➕
MACKINNON, Karen Alison appointed
director

Owner dependency

83/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

79/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Eli Webb Individual · British · DOB 06/1965 · age 61	25–50%	25–50%	25-50% shares · 25-50% voting	06/01/2017
Mr John Mccullagh Individual · British · DOB 05/1961 · age 65	25–50%	25–50%	25-50% shares · 25-50% voting	06/01/2017

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.

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Similar companies

Active · Food & drink · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DAVIDSON BROTHERS (SHOTTS) LIMITED→ SC025270 · est 1947	£13.67M £10.07M–£17.27M	—	—	69	79y	84	79y
BLAIRMHOR DISTILLERS LIMITED→ SC140080 · est 1992	—	—	£0	—	33y	83	77y
BLAIRMHOR LIMITED→ SC099017 · est 1986	—	—	£9.05M	—	39y	83	77y
LAZY DAY FOODS LIMITED→ SC298222 · est 2006	—	—	£2.52M	—	20y	83	71y
GARDINERS OF SCOTLAND LIMITED→ SC207381 · est 2000	—	—	£2.80M	—	25y	82	85y
BRAND NEW CAKE LIMITED→ SC379264 · est 2010	—	—	—	—	15y	80	61y
CALIFORNIA CAKE COMPANY LIMITED→ SC204757 · est 2000 · no financials extracted	—	—	—	—	26y	80	64y
CAMPBELLS FUDGE LIMITED→ SC394263 · est 2011	—	—	—	200	15y	80	62y
DENHOLM BAKERS LTD→ SC358592 · est 2009	—	—	£149.5k	—	17y	80	74y
INVER HOUSE DISTILLERS LIMITED→ SC040036 · est 1964 · no financials extracted	—	—	—	—	62y	80	72y
JINXY LIMITED→ SC254032 · est 2003	—	—	£56.3k	—	22y	80	72y
KERR'S BAKERY LIMITED→ SC294053 · est 2005	—	—	—	50	20y	80	60y

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

Incorporated2010-01-07

Jurisdictionscotland

Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

1 Moncrieffe Road

Chapelhall

Airdrie

ML6 8FS

Scotland

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-11-25

Last: 2025-11-11

Officers (2 active · 1 resigned)

MCCULLAGH, John→

director · ~65y · appointed 2010-04-01

View their other companies + combined net worth →

Active

WEBB, Eli→

director · ~61y · appointed 2010-09-03

View their other companies + combined net worth →

Active

MACKINNON, Karen Alison→

director · ~57y · appointed 2010-01-07 · resigned 2010-04-02

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)	A registered charge	—	17/08/2017	—

Click column headers to sort. Use filters above to narrow by status and lender.