CORTEND LIMITED
⚰️Wound downdissolved
01196343 · ltd · incorporated 1975-01-14
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 47.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 47.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 47.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 7 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
11 connected companies via shared directors
78
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
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 (45 events)Click to expand
- 2013-03-19📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2013-03-19🏁Company dissolved
- 2012-12-04📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-11-27📄dissolution-application-strike-off-companydissolution · DS01
- 2012-11-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-09-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-11-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-04-07📄appoint-person-director-company-with-nameofficers · AP01
- 2011-04-07📄termination-director-company-with-nameofficers · TM01
- 2011-03-11➕DIETEREN, Johannes Matheus Louis appointeddirector
- 2011-03-11➖HAWORTH, Neil Alan resigneddirector
- 2010-11-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2009-11-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-11📄change-person-director-company-with-change-dateofficers · CH01
- 2009-11-11📄change-person-director-company-with-change-dateofficers · CH01
- 2009-08-01📄accounts-with-made-up-dateaccounts · AA
- 2009-01-12📄legacyofficers · 288b
- 2009-01-12📄legacyofficers · 288a
- 2008-12-31➕HAWORTH, Neil Alan appointeddirector
- 2008-12-31➖ROLAND, Philip Godfrey resigneddirector
- 2008-11-20📄legacyannual-return · 363a
- 2008-09-18📄accounts-with-made-up-dateaccounts · AA
- 2008-07-04📄resolutionresolution · RESOLUTIONS
- 2008-05-09📄legacyofficers · 288b
- 2008-05-09📄legacyofficers · 288a
- 2008-04-21➕RICHARDS, Raymond Victor appointedsecretary
- 2008-04-21➕RICHARDS, Raymond Victor appointeddirector
- 2008-04-21➖GREENALL, Timothy Paul resignedsecretary
- 2008-04-21➖GREENALL, Timothy Paul resigneddirector
- 2007-11-22📄legacyannual-return · 363a
- 2007-10-31📄accounts-with-accounts-type-fullaccounts · AA
- 2006-11-10📄legacyannual-return · 363a
- 2003-05-27➕GREENALL, Timothy Paul appointedsecretary
- 2003-04-27➖HOUGH, David resignedsecretary
- 1997-04-01➕HOUGH, David appointedsecretary
- 1997-04-01➖TERRY, Derek George Frederick resignedsecretary
- 1997-04-01➕GREENALL, Timothy Paul appointeddirector
- 1997-04-01➕ROLAND, Philip Godfrey appointeddirector
- 1997-04-01➖TERRY, Derek George Frederick resigneddirector
- 1997-04-01➖TWINE, Harold John resigneddirector
- 1978-07-05🔒Charge registered #2Lender: National Westminster Bank LTD
- 1978-07-05🔒Charge registered #1Lender: National Westminster Bank PLC
- 1975-01-14🏢Company incorporatedAs CORTEND LIMITED
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. 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 18 years.
- secondaryStable-but-static management: Company is 51 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-03-19
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Construction · PO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 106 PROPERTY GROUP LIMITED→ 09789625 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 10X CONSTRUCTION LIMITED→ 15529536 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 1ST GLAZING REPAIRS LIMITED→ 06798269 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| 1ST WESTMINSTER BUILDERS LIMITED→ 04969687 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 2 BROTHERS CONCRETE PUMPING LIMITED→ 12985159 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 2 TECK LIMITED→ 04834894 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 21ST MILE LIMITED→ 11028129 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 2RPROJECTS LIMITED→ 13141534 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 2X7 LTD→ 11403201 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3 SIXTY TRAINING LTD→ 15516817 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 310 HIGHBURY LTD→ 13812453 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 32 CHERRY TREE LANE LTD→ 16212293 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Statusdissolved
Typeltd
Incorporated1975-01-14
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.
Registered office
Westminster House
Crompton Way
Fareham
Hampshire
PO15 5SS
Filing status
Accounts
Next due: —
Last made up to: 2011-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 8 resigned)
RICHARDS, Raymond Victor→
Activesecretary · appointed 2008-04-21
View their other companies + combined net worth →
DIETEREN, Johannes Matheus Louis→
Activedirector · ~62y · appointed 2011-03-11
View their other companies + combined net worth →
RICHARDS, Raymond Victor→
Activedirector · ~68y · appointed 2008-04-21
View their other companies + combined net worth →
GREENALL, Timothy Paul→
Resignedsecretary · appointed 2003-05-27 · resigned 2008-04-21
HOUGH, David→
Resignedsecretary · appointed 1997-04-01 · resigned 2003-04-27
TERRY, Derek George Frederick→
Resignedsecretary · resigned 1997-04-01
GREENALL, Timothy Paul→
Resigneddirector · ~76y · appointed 1997-04-01 · resigned 2008-04-21
HAWORTH, Neil Alan→
Resigneddirector · ~67y · appointed 2008-12-31 · resigned 2011-03-11
ROLAND, Philip Godfrey→
Resigneddirector · ~79y · appointed 1997-04-01 · resigned 2008-12-31
TERRY, Derek George Frederick→
Resigneddirector · ~90y · resigned 1997-04-01
TWINE, Harold John→
Resigneddirector · ~102y · resigned 1997-04-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank LTD | Marine deed of covenant. | 1 property | 05/07/1978 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Ships mortgage | 1 property | 05/07/1978 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (82 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-03-19
gazette-notice-voluntary
gazette · GAZ1(A)
2012-12-04
dissolution-application-strike-off-company
dissolution · DS01
2012-11-27
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-11-13
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-09-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2011-09-22
appoint-person-director-company-with-name
officers · AP01
2011-04-07
termination-director-company-with-name
officers · TM01
2011-04-07
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-09-21
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-11
change-person-director-company-with-change-date
officers · CH01
2009-11-11
change-person-director-company-with-change-date
officers · CH01
2009-11-11
accounts-with-made-up-date
accounts · AA
2009-08-01