COOPER FOODS (ANDOVER) LIMITED

💤Zombieactive
02620383 · ltd · incorporated 1991-06-14
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
year to Dec 2024
Net worth
£2.23M
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Wholesale of meat and meat products
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46380Wholesale of other food, including fish, crustaceans and molluscs
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -44% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 34.5y

30/100
under pressure

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

  • · Oldest live charge is 34.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,226,021
Net assets shrinking
Down £234,705 YoY
Cash draining
Cash down 44% YoY
Cash YoY
-44%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£850k
↓ 44% YoY
Net Worth
£2.2m
↓ 9.5% YoY
Current Assets
£3.0m
↓ 12% YoY
Current Liabilities
£0£683k£1.4m£2.0m£2.7m£3.4mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£2.77M£2.65M
Current assets£2.99M£3.42M
Cash£850.1k£1.52M
Debtors£1.48M£1.36M
Net assets£2.23M£2.46M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2025-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2025-12-03
    🔓
    Charge satisfied #6
  3. 2025-07-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-07-10
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  5. 2025-07-08
    📄
    memorandum-articles
    incorporation · MA
  6. 2025-07-08
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2025-07-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-07-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2025-07-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2025-07-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2025-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2025-06-30
    JOHNS, Andrew Ronald appointed
    director
  15. 2025-06-30
    COOPER, William James Andrew resigned
    secretary
  16. 2025-06-30
    COOPER, Mark Edward resigned
    director
  17. 2025-06-30
    COOPER, William James Andrew resigned
    director
  18. 2025-06-27
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  19. 2025-06-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2025-06-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2025-06-27
    🔓
    Charge satisfied #5
  22. 2025-06-27
    🔓
    Charge satisfied #1
  23. 2024-08-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2024-05-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2024-05-20
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  26. 2023-10-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2023-10-12
    CRAVEN, Joseph Christian resigned
    director
  28. 2023-07-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  29. 2023-05-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  30. 2023-05-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  31. 2023-05-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  32. 2023-05-11
    🔓
    Charge satisfied #4
  33. 2023-05-11
    🔓
    Charge satisfied #3
  34. 2023-05-11
    🔓
    Charge satisfied #2
  35. 2022-09-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  36. 2021-09-30
    CRAVEN, Joseph Christian appointed
    director
  37. 2021-09-03
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  38. 2015-06-09
    COOPER, John Bailey resigned
    director
  39. 2009-12-24
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  40. 2009-12-24
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  41. 1991-11-26
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  42. 1991-06-14
    🏢
    Company incorporated
    As COOPER FOODS (ANDOVER) LIMITED

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: COOPER, William James Andrew resigned 2025-06-30; COOPER, Mark Edward resigned 2025-06-30; COOPER, William James Andrew resigned 2025-06-30

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

R.D. Johns Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
R.D. Johns Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
COOPER FOODS (ANDOVER) LIMITED
This company · 02620383

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%
NameSharesVoting rightsNature of controlNotified
R.D. Johns Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/06/2025
2 historic (ceased) PSCs
  • Mr Mark Edward Cooperceased 30/06/2025· 25-50% shares · 25-50% voting
  • Mr William James Andrew Cooperceased 30/06/2025· 25-50% shares · 25-50% voting

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
Incorporated1991-06-14
Jurisdictionengland-wales
Primary SIC46320 — Wholesale of meat and meat products

Registered office

Market House Hopkinson Way
Portway Industrial Estate
Andover
Hampshire
SP10 3ZE

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14

Officers (1 active · 5 resigned)

JOHNS, Andrew Ronald
director · ~53y · appointed 2025-06-30
View their other companies + combined net worth →
Active
COOPER, William James Andrew
secretary · resigned 2025-06-30
Resigned
COOPER, John Bailey
director · ~98y · resigned 2015-06-09
Resigned
COOPER, Mark Edward
director · ~65y · resigned 2025-06-30
Resigned
COOPER, William James Andrew
director · ~63y · resigned 2025-06-30
Resigned
CRAVEN, Joseph Christian
director · ~55y · appointed 2021-09-30 · resigned 2023-10-12
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge2 properties10/07/202503/12/2025
satisfied
Barclays
Barclays Bank PLC
A registered charge20/05/202427/06/2025
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property03/09/202111/05/2023
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property24/12/200911/05/2023
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property24/12/200911/05/2023
satisfied
Barclays
Barclays Bank PLC
Debenture1 property26/11/199127/06/2025

Recent filings (116 total)

mortgage-satisfy-charge-full
mortgage · MR04
2025-12-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-11
memorandum-articles
incorporation · MA
2025-07-08
resolution
resolution · RESOLUTIONS
2025-07-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-01
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-07-01
termination-director-company-with-name-termination-date
officers · TM01
2025-07-01
termination-director-company-with-name-termination-date
officers · TM01
2025-07-01
appoint-person-director-company-with-name-date
officers · AP01
2025-07-01
accounts-with-accounts-type-medium
accounts · AA
2025-06-27
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-27
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-18