COTTINGHAM RECREATION CLUB,LIMITED(THE)

🌳Matureactive
00220599 · ltd · incorporated 1927-03-24
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£-627
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Activities of sport clubs
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 87). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -47% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 99.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 99.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
24 officers (5 active, 24 linked, 20 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
135 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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
Negative net assets
Liabilities exceed assets by £627
Cash draining
Cash down 47% YoY
Cash YoY
-47%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£180
↓ 47% YoY
Net Worth
-£627
↓ 126% YoY
Current Assets
£180
Current Liabilities
-£627-£434-£241-£47£146£339Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£-627£-278
Current assets£180
Cash£180£339
Net assets£-627£-278

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
  1. 2026-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-26
    WARD, John Peter resigned
    director
  3. 2026-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2026-01-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-05-01
    GIBBONS, Shirley resigned
    director
  6. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-01-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-01-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-02-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-07-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2021-04-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2020-11-24
    WALKER, Alec resigned
    director
  15. 2020-02-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2020-02-06
    AXIOTES, Peter appointed
    director
  17. 2020-02-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2019-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-03-28
    WALSTER MBE, Francis Raymond appointed
    director
  20. 2019-03-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2019-02-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2019-01-31
    SMART, Alan resigned
    director
  23. 2018-12-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  24. 2018-12-04
    ABBA, Denys Leonard resigned
    director
  25. 2017-12-06
    FOSTER, Richard appointed
    secretary
  26. 2017-12-06
    GIBBONS, Shirley resigned
    secretary
  27. 2017-04-30
    RYLEY, John David resigned
    secretary
  28. 2015-12-03
    FOSTER, Richard appointed
    director
  29. 2015-12-03
    DEVINE, Brian Adrian resigned
    director
  30. 2009-01-03
    WARD, John Peter appointed
    director
  31. 2008-12-10
    RUSSELL, Clifford Melvin resigned
    director
  32. 2008-01-08
    WOODESON, Susan Christine appointed
    director
  33. 2008-01-05
    GIBBONS, Shirley appointed
    secretary
  34. 2008-01-05
    GIBBONS, Shirley appointed
    director
  35. 2007-12-12
    RYLEY, John David resigned
    director
  36. 2007-12-12
    WADSWORTH, Peter Hugh resigned
    director
  37. 2006-12-13
    SMART, Alan appointed
    director
  38. 2006-11-11
    BULMER, Donald Barnett resigned
    director
  39. 2002-03-26
    DEVINE, Brian Adrian appointed
    director
  40. 2002-02-27
    ROBINSON, Keith Wilburn resigned
    director
  41. 1999-12-08
    ABBA, Denys Leonard appointed
    director
  42. 1999-12-08
    WALKER, Alec appointed
    director
  43. 1999-09-15
    COOK, Arthur Noel Stewart resigned
    director
  44. 1999-09-15
    WINFIELD, John George resigned
    director
  45. 1997-12-10
    RYLEY, John David appointed
    secretary
  46. 1997-12-10
    WINFIELD, John George resigned
    secretary
  47. 1995-12-11
    LAYTON, Henry Arthur resigned
    director
  48. 1995-12-11
    ROBINSON, Keith Wilburn appointed
    director
  49. 1995-12-11
    RYLEY, John David appointed
    director
  50. 1995-12-11
    WADSWORTH, Peter Hugh appointed
    director
Showing most recent 50 of 54 events

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 87 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 99 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Richard Foster
Individual · British · DOB 08/1950 · age 76
sig. influencesignificant influence06/12/2017
1 historic (ceased) PSC
  • Mrs Shirley Gibbonsceased 06/12/2017· significant influence

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

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1927-03-24
Jurisdictionengland-wales
Primary SIC93120 — Activities of sport clubs

Registered office

Suite 1 Riverside Building
Livingstone Road
Hessle
North Humberside
HU13 0DZ

Filing status

Accounts
Next due: 2027-01-28
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05

Officers (5 active · 19 resigned)

FOSTER, Richard
secretary · appointed 2017-12-06
View their other companies + combined net worth →
Active
AXIOTES, Peter
director · ~85y · appointed 2020-02-06
View their other companies + combined net worth →
Active
FOSTER, Richard
director · ~76y · appointed 2015-12-03
View their other companies + combined net worth →
Active
WALSTER MBE, Francis Raymond
director · ~78y · appointed 2019-03-28
View their other companies + combined net worth →
Active
WOODESON, Susan Christine
director · ~87y · appointed 2008-01-08
View their other companies + combined net worth →
Active
GIBBONS, Shirley
secretary · appointed 2008-01-05 · resigned 2017-12-06
Resigned
RYLEY, John David
secretary · appointed 1997-12-10 · resigned 2017-04-30
Resigned
WINFIELD, John George
secretary · resigned 1997-12-10
Resigned
ABBA, Denys Leonard
director · ~89y · appointed 1999-12-08 · resigned 2018-12-04
Resigned
BULMER, Donald Barnett
director · ~116y · resigned 2006-11-11
Resigned
COOK, Arthur Noel Stewart
director · ~105y · resigned 1999-09-15
Resigned
DEVINE, Brian Adrian
director · ~93y · appointed 2002-03-26 · resigned 2015-12-03
Resigned
GIBBONS, Shirley
director · ~89y · appointed 2008-01-05 · resigned 2025-05-01
Resigned
LAYTON, Henry Arthur
director · ~116y · resigned 1995-12-11
Resigned
ROBINSON, Keith Wilburn
director · ~99y · appointed 1995-12-11 · resigned 2002-02-27
Resigned
ROBINSON, Walter
director · ~114y · resigned 1995-01-08
Resigned
RUSSELL, Clifford Melvin
director · ~101y · resigned 2008-12-10
Resigned
RYLEY, John David
director · ~94y · appointed 1995-12-11 · resigned 2007-12-12
Resigned
SMART, Alan
director · ~93y · appointed 2006-12-13 · resigned 2019-01-31
Resigned
WADSWORTH, Peter Hugh
director · ~97y · appointed 1995-12-11 · resigned 2007-12-12
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Midland Bank
Midland Bank LTD
Mortgage1 property27/06/1927
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (135 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-09
termination-director-company-with-name-termination-date
officers · TM01
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-19
termination-director-company-with-name-termination-date
officers · TM01
2023-01-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-13
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-07-20