CORDSTRAP LIMITED

💤Zombieactive
02211068 · ltd · incorporated 1988-01-18
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 46760
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 3.7y

35/100
under pressure

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

  • · Charge age ~3.7 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (55/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
14 officers (1 active, 14 linked, 11 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
147 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2026-04-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-04-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2024-04-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-03-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-03-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2023-02-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2023-02-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-12-31
    ➖
    ZWITSERLOOT, Wilhelmus resigned
    secretary
  9. 2022-12-31
    ➖
    ZWITSERLOOT, Wilhelmus Maria resigned
    director
  10. 2022-12-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2022-10-18
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2022-09-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-09-21
    🔒
    Charge registered #1
    Lender: Glas Trust Corporation Limited (And Its Successors in Title and Permitted Transferees)
  14. 2022-08-09
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2022-08-09
    📄
    memorandum-articles
    incorporation · MA
  16. 2022-08-04
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  17. 2021-12-07
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  18. 2021-12-06
    📄
    legacy
    accounts · PARENT_ACC
  19. 2021-12-06
    📄
    legacy
    other · AGREEMENT2
  20. 2021-12-06
    📄
    legacy
    other · GUARANTEE2
  21. 2020-12-16
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  22. 2020-12-16
    📄
    legacy
    accounts · PARENT_ACC
  23. 2020-12-16
    📄
    legacy
    other · AGREEMENT2
  24. 2020-03-25
    ➖
    BLOWER, Jonathan Mark resigned
    secretary
  25. 2020-03-25
    ➕
    ZWITSERLOOT, Wilhelmus appointed
    secretary
  26. 2020-03-25
    ➖
    BLOWER, Jonathan Mark resigned
    director
  27. 2017-12-01
    ➕
    ZWITSERLOOT, Wilhelmus Maria appointed
    director
  28. 2016-11-30
    ➖
    VAN DER LOOIJ, Bart resigned
    director
  29. 2015-05-01
    ➕
    VAN DER LOOIJ, Bart appointed
    director
  30. 2015-02-01
    ➖
    PRINS, Jacob Marcus resigned
    director
  31. 2014-01-07
    ➕
    TRIBBLE, Bradford Joseph appointed
    director
  32. 2012-03-17
    ➖
    ANDRIESSEN, Johannes Francisus resigned
    director
  33. 2010-09-13
    ➕
    PRINS, Jacob Marcus appointed
    director
  34. 2003-09-11
    ➖
    DE WINTER, Dirk resigned
    director
  35. 2003-09-11
    ➖
    VAN DER HOEVEN, Gert Jan resigned
    director
  36. 2003-04-03
    ➖
    ALLATT, Kevin resigned
    secretary
  37. 2003-04-03
    ➕
    BLOWER, Jonathan Mark appointed
    secretary
  38. 2003-04-03
    ➖
    ALLATT, Kevin resigned
    director
  39. 2001-03-29
    ➕
    BLOWER, Jonathan Mark appointed
    director
  40. 2000-04-16
    ➖
    VAN ECK, Fred Marinus resigned
    director
  41. 1994-09-08
    ➕
    ANDRIESSEN, Johannes Francisus appointed
    director
  42. 1994-09-08
    ➖
    VAN DE HEL, Henk Willy resigned
    director
  43. 1992-09-22
    ➕
    VAN DER HOEVEN, Gert Jan appointed
    director
  44. 1988-01-18
    🏢
    Company incorporated
    As CORDSTRAP LIMITED

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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.
  • secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-21

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Gert Jan Van Der Hoeven
Individual · Dutch · DOB 07/1956 · age 70
50–75%
50–75%board control50-75% shares · 50-75% voting · board control12/05/2022
1 historic (ceased) PSC
  • Cordstrap B.V.ceased 12/05/2022· 75-100% shares

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

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

Statusactive
Typeltd
Incorporated1988-01-18
Jurisdictionengland-wales
Primary SIC46760 — SIC 46760

Registered office

Paddock Road
West Pimbo
Skelmersdale
Lancashire
WN8 9PL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-21OVERDUE
Last: 2025-03-07

Officers (1 active · 13 resigned)

TRIBBLE, Bradford Joseph→
director · ~61y · appointed 2014-01-07
View their other companies + combined net worth →
Active
ALLATT, Kevin→
secretary · resigned 2003-04-03
Resigned
BLOWER, Jonathan Mark→
secretary · appointed 2003-04-03 · resigned 2020-03-25
Resigned
ZWITSERLOOT, Wilhelmus→
secretary · appointed 2020-03-25 · resigned 2022-12-31
Resigned
ALLATT, Kevin→
director · ~84y · resigned 2003-04-03
Resigned
ANDRIESSEN, Johannes Francisus→
director · ~77y · appointed 1994-09-08 · resigned 2012-03-17
Resigned
BLOWER, Jonathan Mark→
director · ~69y · appointed 2001-03-29 · resigned 2020-03-25
Resigned
DE WINTER, Dirk→
director · ~108y · resigned 2003-09-11
Resigned
PRINS, Jacob Marcus→
director · ~60y · appointed 2010-09-13 · resigned 2015-02-01
Resigned
VAN DE HEL, Henk Willy→
director · ~85y · resigned 1994-09-08
Resigned
VAN DER HOEVEN, Gert Jan→
director · ~70y · appointed 1992-09-22 · resigned 2003-09-11
Resigned
VAN DER LOOIJ, Bart→
director · ~56y · appointed 2015-05-01 · resigned 2016-11-30
Resigned
VAN ECK, Fred Marinus→
director · ~108y · resigned 2000-04-16
Resigned
ZWITSERLOOT, Wilhelmus Maria→
director · ~51y · appointed 2017-12-01 · resigned 2022-12-31
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
Glas Trust Corporation (And Its Successors in Title and Permitted Transferees)
Glas Trust Corporation Limited (And Its Successors in Title and Permitted Transferees)
A registered charge—21/09/2022—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (147 total)

accounts-with-accounts-type-full
accounts · AA
2026-04-13
accounts-with-accounts-type-full
accounts · AA
2025-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
accounts-with-accounts-type-full
accounts · AA
2024-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
termination-director-company-with-name-termination-date
officers · TM01
2023-03-07
termination-secretary-company-with-name-termination-date
officers · TM02
2023-03-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-15
accounts-with-accounts-type-full
accounts · AA
2022-12-22
resolution
resolution · RESOLUTIONS
2022-10-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-26
resolution
resolution · RESOLUTIONS
2022-08-09
memorandum-articles
incorporation · MA
2022-08-09