COLDRAW SERVICES LIMITED

⚰️Wound downdissolved
02855376 · ltd · incorporated 1993-09-21
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
59/100
Worth a look
🔔
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 62/100. Strong seller-intent signal (73/100, director aged 65). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 31.0y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 31.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (59/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
34 officers (2 active, 34 linked, 24 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
160 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth 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
70
Strong succession / seller-readiness signals.
Risk profile
59
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 (99 events)Click to expand
  1. 2020-12-08
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2020-12-08
    🏁
    Company dissolved
  3. 2020-09-22
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2020-09-10
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2020-04-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2020-02-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2020-01-27
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  8. 2019-12-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2019-10-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2019-10-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-09-06
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2019-09-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2019-09-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2019-09-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2019-09-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-09-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-08-23
    MILLS, Lorraine Olga appointed
    secretary
  18. 2019-08-23
    LOW, James Andrew Derrik appointed
    director
  19. 2019-08-23
    CROWLEY, Thomas Edward resigned
    director
  20. 2019-08-23
    D'CRUZ, Simon Nicholas resigned
    director
  21. 2018-09-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2018-01-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2018-01-19
    FRANKLIN, William James resigned
    director
  24. 2018-01-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2018-01-04
    D'CRUZ, Simon Nicholas appointed
    director
  26. 2017-10-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  27. 2017-04-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  28. 2016-12-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2016-12-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2016-12-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  31. 2016-12-16
    CROWLEY, Thomas Edward appointed
    director
  32. 2016-12-16
    FRANKLIN, William James appointed
    director
  33. 2016-12-16
    TEIXEIRA, Joaquim Rocha resigned
    director
  34. 2011-09-02
    SIMOVIC, Maria resigned
    director
  35. 2011-09-01
    TEIXEIRA, Joaquim Rocha appointed
    director
  36. 2011-03-31
    SILK, Frances resigned
    director
  37. 2010-10-27
    🔓
    Charge satisfied #3
  38. 2010-10-27
    🔓
    Charge satisfied #2
  39. 2010-10-27
    🔓
    Charge satisfied #1
  40. 2010-01-19
    DAVIES, Jonathan Owen resigned
    secretary
  41. 2010-01-19
    BROOK, Joel David resigned
    director
  42. 2010-01-19
    COLLINS, Miles Eric resigned
    director
  43. 2010-01-19
    DAVIES, Jonathan Owen resigned
    director
  44. 2010-01-19
    KEATING, Anthony John resigned
    director
  45. 2010-01-19
    RAINBOW, Mark resigned
    director
  46. 2010-01-19
    SILK, Frances appointed
    director
  47. 2010-01-19
    SIMOVIC, Maria appointed
    director
  48. 2009-12-24
    🔓
    Charge satisfied #4
  49. 2008-11-25
    WORRELL, Roger Arthur resigned
    director
  50. 2008-01-17
    CROSS, Garry Anthony resigned
    director
Showing most recent 50 of 99 events

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 33 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2020-12-08

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

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

🏛️
Prosalt Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
COLDRAW SERVICES LIMITED
This company · 02855376

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
Prosalt Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

🔒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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1993-09-21
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants

Registered office

Chapter House
33 London Road
Reigate
Surrey
RH2 9HZ
England

Filing status

Accounts
Next due:
Last made up to: 2018-12-30
Confirmation statement
Next due:
Last:

Officers (0 active · 32 resigned)

MILLS, Lorraine Olga
secretary · appointed 2019-08-23
View their other companies + combined net worth →
Active
LOW, James Andrew Derrik
director · ~65y · appointed 2019-08-23
View their other companies + combined net worth →
Active
DAVIES, Jonathan Owen
secretary · appointed 2006-06-15 · resigned 2010-01-19
Resigned
MASON, Timothy Charles
secretary · appointed 2001-01-15 · resigned 2006-06-15
Resigned
SIMPSON, Alan Robert Charles
secretary · appointed 1993-10-21 · resigned 1999-08-05
Resigned
TAYLOR, Richard Mann
secretary · appointed 1999-08-05 · resigned 2001-01-15
Resigned
COMBINED SECRETARIAL SERVICES LIMITED
corporate-nominee-secretary · appointed 1993-09-21 · resigned 1993-09-24
Resigned
HARRY RAMSDEN'S PLC
corporate-secretary · appointed 1993-09-24 · resigned 1993-10-21
Resigned
BARNES, Michael John
director · ~77y · appointed 1999-08-05 · resigned 2000-06-29
Resigned
BROOK, Joel David
director · ~69y · appointed 2006-10-17 · resigned 2010-01-19
Resigned
COLLINS, Miles Eric
director · ~60y · appointed 2006-10-17 · resigned 2010-01-19
Resigned
COPNER, Christopher Charles James
director · ~70y · appointed 2005-07-26 · resigned 2005-09-20
Resigned
COPNER, Christopher Charles James
director · ~70y · appointed 2001-01-15 · resigned 2004-09-06
Resigned
CRITOPH, Stephen Mark Anthony
director · ~66y · appointed 2001-01-15 · resigned 2004-04-23
Resigned
CROSS, Garry Anthony
director · ~65y · appointed 2004-05-06 · resigned 2008-01-17
Resigned
CROWLEY, Thomas Edward
director · ~53y · appointed 2016-12-16 · resigned 2019-08-23
Resigned
D'CRUZ, Simon Nicholas
director · ~51y · appointed 2018-01-04 · resigned 2019-08-23
Resigned
DAVIES, Jonathan Owen
director · ~64y · appointed 2006-10-17 · resigned 2010-01-19
Resigned
FRANKLIN, William James
director · ~54y · appointed 2016-12-16 · resigned 2018-01-19
Resigned
GAMMELL, Maurice
director · ~82y · appointed 1999-08-05 · resigned 2003-07-31
Resigned

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

Mortgages & charges

5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge27/01/2020
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property17/07/199724/12/2009
satisfied
Scottish & Newcastle
Scottish & Newcastle PLC
Fixed and floating charge1 property12/03/199627/10/2010
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property21/07/199527/10/2010
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property25/05/199527/10/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (160 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2020-12-08
gazette-notice-voluntary
gazette · GAZ1(A)
2020-09-22
dissolution-application-strike-off-company
dissolution · DS01
2020-09-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-02-03
change-person-director-company-with-change-date
officers · CH01
2019-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2019-10-31
accounts-with-accounts-type-dormant
accounts · AA
2019-10-05
appoint-person-secretary-company-with-name-date
officers · AP03
2019-09-06
termination-director-company-with-name-termination-date
officers · TM01
2019-09-03
termination-director-company-with-name-termination-date
officers · TM01
2019-09-03
change-person-director-company-with-change-date
officers · CH01
2019-09-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-09-03
appoint-person-director-company-with-name-date
officers · AP01
2019-09-03