NORDX / CDT LIMITED
- · Oldest live charge 36.6y old — refinance window within 12 months
Opportunity 59/100 (worth a look), bankability 80/100. Strong seller-intent signal (78/100, director aged 75). 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
1 live charge · oldest 36.6y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 36.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (70 events)Click to expand
- 2014-09-23📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2014-09-23🏁Company dissolved
- 2014-06-10📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-05-29📄dissolution-application-strike-off-companydissolution · DS01
- 2014-04-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-04-14📄change-person-director-company-with-change-dateofficers · CH01
- 2013-10-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-03-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2013-01-09📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-09-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-03-09📄change-person-director-company-with-change-dateofficers · CH01
- 2012-03-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-03-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-11-01📄accounts-with-accounts-type-fullaccounts · AA
- 2010-07-13📄termination-director-company-with-nameofficers · TM01
- 2010-05-14➖BUESCHER, Michael Edward resigneddirector
- 2010-03-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2010-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2010-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2009-09-14📄legacycapital · SH20
- 2009-09-14⚠️legacyinsolvency · CAP-SS
- 2009-09-14📄legacycapital · CAP-MDSC
- 2009-09-14📄resolutionresolution · RESOLUTIONS
- 2009-09-01📄accounts-with-accounts-type-fullaccounts · AA
- 2007-12-21➕DERKSEN, Hendrikus Petrus Cornelis appointeddirector
- 2007-12-21➕BUESCHER, Michael Edward appointeddirector
- 2007-12-21➖NORMAN, John S resigneddirector
- 2007-12-21➖ROSE, Larrie resigneddirector
- 2006-06-16➖NAEGER, Jeffrey Michael resigneddirector
- 2006-06-16➕NORMAN, John S appointeddirector
- 2005-12-31➖BORET, Graham Stephen resigneddirector
- 2004-07-27➕BLOOMFIELD, Kevin appointedsecretary
- 2004-07-27➕BLOOMFIELD, Kevin appointeddirector
- 2004-07-27➖ROWLES, Ronald Keith resignedsecretary
- 2004-07-27➖GRAEBER, George resigneddirector
- 2004-07-27➖KUZNIK, Ferdinand Christopher resigneddirector
- 2004-07-27➕NAEGER, Jeffrey Michael appointeddirector
- 2004-07-27➕ROSE, Larrie appointeddirector
- 2003-01-31➖KINSELLA, Edward Earl resigneddirector
- 2002-11-29➖HALE, Kenneth Oliver resignedsecretary
- 2002-11-29➕ROWLES, Ronald Keith appointedsecretary
- 2002-11-29➖HALE, Kenneth Oliver resigneddirector
- 2002-11-29➕ROWLES, Ronald Keith appointeddirector
- 2002-11-29➖ROWLES, Ronald Keith resigneddirector
- 2002-10-02➖BOURQUE, Normand resigneddirector
- 2002-10-02➕GRAEBER, George appointeddirector
- 2002-01-28➕KUZNIK, Ferdinand Christopher appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 41 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
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2014-09-23
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2009-09-14: legacy
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Available from the Pro tier upwards.
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9 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 (0 active · 23 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 14/12/1989 | 02/03/1996 |