CAVAGHAN & GRAY LIMITED
- · Thesis: well-run, low negotiation leverage
- 10200SIC 10200
- 10390SIC 10390
- 10850Manufacture of prepared meals and dishes
Opportunity 77/100 (strong), bankability 62/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
Refinance opportunity
33 live charges · 11 lenders · oldest 49.2y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 49.2 years old — likely at or near maturity.
- · 11 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
Corporate timeline (206 events)Click to expand
- 2025-10-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-07➕FLETCHER, Ian Anthony appointeddirector
- 2025-10-07➖PATEL, Veepul resigneddirector
- 2025-04-30📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-04-30📄legacyaccounts · PARENT_ACC
- 2025-04-30📄legacyother · GUARANTEE2
- 2025-04-30📄legacyother · AGREEMENT2
- 2025-02-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-01➕FRISTON, Paul Allan appointeddirector
- 2024-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-18🔒Charge registered #33Lender: Hsbc Invoice Finance (UK) Limited
- 2024-07-26➖TOMKINSON, Craig Ashley resigneddirector
- 2024-07-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-07📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-05-16📄legacyaccounts · PARENT_ACC
- 2024-05-16📄legacyother · GUARANTEE2
- 2024-05-16📄legacyother · AGREEMENT2
- 2023-08-01📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-08-01📄legacyaccounts · PARENT_ACC
- 2023-08-01📄legacyother · GUARANTEE2
- 2023-08-01📄legacyother · AGREEMENT2
- 2023-06-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-26➖KERS, Ronald Klaas Otto, Mr. resigneddirector
- 2023-05-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-22➕PATEL, Veepul appointeddirector
- 2023-04-12➖PACKER, Keith Richard resigneddirector
- 2023-04-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-23🔒Charge registered #32Lender: Hsbc Invoice Finance (UK) Limited
- 2020-12-02🔓Charge satisfied #31
- 2020-12-02🔓Charge satisfied #30
- 2020-10-23➖SIMPSON, Richard Peter resigneddirector
- 2020-02-03🔒Charge registered #31Lender: Lucid Trustee Services Limited
- 2020-01-07🔒Charge registered #30Lender: Lucid Trustee Services Limited
- 2018-11-01➕PACKER, Keith Richard appointeddirector
- 2018-10-31➖WOOKEY, Simon James Penny resigneddirector
- 2018-07-31➖FLETCHER, Martyn Paul resigneddirector
- 2018-06-30➕KERS, Ronald Klaas Otto, Mr. appointeddirector
- 2018-06-30➖PIKE, Richard Neil resigneddirector
- 2018-06-30➕TOMKINSON, Craig Ashley appointeddirector
- 2017-08-31➖DAVIES, Gareth Wyn resigneddirector
- 2017-08-22➕PIKE, Richard Neil appointeddirector
- 2017-07-28➖LEADBEATER, Stephen Paul resigneddirector
- 2017-07-27➕FLETCHER, Martyn Paul appointeddirector
- 2017-07-27➕SIMPSON, Richard Peter appointeddirector
- 2017-07-07➖SMITH, Colin David resigneddirector
- 2016-08-03➖PRESTON, April resigneddirector
- 2016-07-08➖TOAL, Ian John resigneddirector
- 2016-04-29➖DUNSFORD, John Alexander resigneddirector
- 2015-10-22🔓Charge satisfied #29
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Cavaghan & Gray Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Cavaghan & Gray Group Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (3 active · 62 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | 1 property | 18/12/2024 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | — | 23/12/2020 | — | |
| satisfied | Lucid Trustee Services Lucid Trustee Services Limited | A registered charge | 1 property | 03/02/2020 | 02/12/2020 | |
| satisfied | Lucid Trustee Services Lucid Trustee Services Limited | A registered charge | 1 property | 07/01/2020 | 02/12/2020 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 04/08/2015 | 22/10/2015 | |
| satisfied | 3I Group 3I Group PLC | A standard security which was presented for registration in scotland on the 14TH may 1996 | 1 property | 08/03/1996 | 06/11/2001 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 2 properties | 08/02/1996 | 26/04/2000 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 08/01/1996 | 25/06/1999 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Legal charge | 1 property | 08/01/1996 | 25/06/1999 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Legal charge | 1 property | 08/01/1996 | 25/06/1999 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Legal charge | 1 property | 08/01/1996 | 25/06/1999 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Legal charge | 1 property | 08/01/1996 | 25/06/1999 | |
| satisfied | 3I Group 3I Group PLC | Mortgage | 1 property | 08/12/1995 | 06/11/2001 | |
| satisfied | 3I Group 3I Group PLC | Mortgage | 1 property | 08/12/1995 | 06/11/2001 | |
| satisfied | 3I Group 3I Group PLC | Mortgage | 1 property | 08/12/1995 | 19/11/2004 | |
| satisfied | 3I Group 3I Group PLC | Mortgage | 2 properties | 08/12/1995 | 06/11/2001 | |
| satisfied | 3I Group 3I Group PLC | Debenture | 1 property | 15/08/1991 | 11/11/2004 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Legal charge | 1 property | 15/08/1991 | 25/06/1999 | |
| satisfied | Investors in Industry Investors in Industry PLC | Mortgage | 1 property | 22/05/1987 | 06/11/2001 | |
| satisfied | Investors in Industry Investors in Industry PLC | Mortgage | 1 property | 22/05/1987 | 06/11/2001 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Mortgage | 1 property | 14/02/1986 | 25/06/1999 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Mortgage | 1 property | 14/02/1986 | 25/06/1999 | |
| satisfied | West Cumberland Farmers West Cumberland Farmers Limited | Legal charge | 1 property | 15/01/1986 | 08/09/1990 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Charge | 1 property | 07/02/1983 | 25/06/1999 | |
| satisfied | Ffi (UK Finance) Public Company Ffi (UK Finance) Public Limited Company | Supplemental legal charge | 1 property | 01/02/1983 | 06/11/2001 | |
| satisfied | Industrial and Commercial Finance Corporation Industrial and Commercial Finance Corporation Limited | Debenture | 1 property | 08/03/1979 | 06/11/2001 | |
| satisfied | Virgin Money Clydesdale Bank Limited | Mortgage | 1 property | 23/02/1977 | 09/10/1991 | |
| satisfied | Virgin Money Clydesdale Bank Limited | Mortgage | 1 property | 23/02/1977 | 09/10/1991 | |
| satisfied | Virgin Money Clydesdale Bank Limited | Mortgage | 1 property | 23/02/1977 | 25/06/1999 | |
| satisfied | Virgin Money Clydesdale Bank Limited | Mortgage | 1 property | 23/02/1977 | 09/10/1991 | |
| satisfied | Virgin Money Clydesdale Bank Limited | Mortgage | 1 property | 23/02/1977 | 25/06/1999 | |
| satisfied | Virgin Money Clydesdale Bank Limited | Mortgage | 1 property | 23/02/1977 | 25/06/1999 | |
| satisfied | Virgin Money Clydesdale Bank Limited | Mortgage | 1 property | 23/02/1977 | 09/10/1991 |