COBCO (236) LIMITED
🌳Matureactive
03557140 · ltd · incorporated 1998-05-01
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 78). 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
10 live charges · 3 lenders · oldest 25.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 25.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
105 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-smallaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2022-08-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-04-22📄resolutionresolution · RESOLUTIONS
- 2022-03-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-03-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-30📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2022-03-30📄legacycapital · SH20
- 2022-03-30⚠️legacyinsolvency · CAP-SS
- 2022-03-30📄resolutionresolution · RESOLUTIONS
- 2022-03-30📄capital-allotment-sharescapital · SH01
- 2022-03-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-03-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-01-04📄accounts-with-accounts-type-smallaccounts · AA
- 2021-08-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-06-30➖WHITBY, Mark Philip resigneddirector
- 2021-03-05📄accounts-with-accounts-type-smallaccounts · AA
- 2021-02-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-01-27🔒Charge registered #10Lender: Hsbc UK Bank PLC
- 2021-01-27🔒Charge registered #9Lender: Hsbc UK Bank PLC
- 2018-02-02🔓Charge satisfied #6
- 2018-02-02🔓Charge satisfied #5
- 2018-02-02🔓Charge satisfied #4
- 2017-12-16🔓Charge satisfied #3
- 2017-12-16🔓Charge satisfied #2
- 2017-12-16🔓Charge satisfied #1
- 2016-05-11➕WHITBY, Mark Philip appointeddirector
- 2014-09-12🔒Charge registered #8Lender: Hsbc Bank PLC
- 2014-08-22🔒Charge registered #7Lender: Hsbc Bank PLC
- 2008-04-30➖SANDERS, Bradley John resignedsecretary
- 2003-01-08🔒Charge registered #6Lender: National Westminster Bank PLC
- 2001-02-22🔒Charge registered #5Lender: National Westminster Bank PLC
- 2001-01-22🔒Charge registered #4Lender: National Westminster Bank PLC
- 2001-01-22🔒Charge registered #3Lender: National Westminster Bank PLC
- 2001-01-22🔒Charge registered #2Lender: National Westminster Bank PLC
- 2001-01-22🔒Charge registered #1Lender: National Westminster Bank PLC
- 1998-06-16➕HILL, Ronald Edward appointeddirector
- 1998-06-16➕SANDERS, Bradley John appointeddirector
- 1998-06-16➕SANDERS, Bradley John appointedsecretary
- 1998-06-16➖COBBETTS LIMITED resignedcorporate-secretary
- 1998-06-16➖COBBETTS LIMITED resignedcorporate-director
- 1998-05-01🏢Company incorporatedAs COBCO (236) LIMITED
- 1998-05-01➕COBBETTS LIMITED appointedcorporate-secretary
- 1998-05-01➕COBBETTS LIMITED appointedcorporate-director
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 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 78 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 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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 · 1 med ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-03-30: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Sebden Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Sebden Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
COBCO (236) LIMITED
This company · 03557140
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Sebden Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/03/2022 |
2 historic (ceased) PSCs
- The Sebden Group Limitedceased 30/03/2022· 75-100% shares · 75-100% voting
- Cobco 939 Ltdceased 30/03/2022· 75-100% shares · 75-100% voting
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 →Similar companies
Active · Property · WA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACED HOUSING LTD→ 15755307 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACOT PROPERTIES LIMITED→ 16214044 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADEL GARDENS MANAGEMENT COMPANY LTD→ 14150540 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADELPHI VILLAGE MANAGEMENT COMPANY LIMITED→ 06668441 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ADIOMA REALTY LTD→ 15554508 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADMOVE LTD→ 09545754 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ADR PROPERTY INVESTMENTS LIMITED→ 12031231 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADRIAN & CO PROPERTY LIMITED→ 11742664 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADRIAN TAN PROPERTY LTD→ 16977268 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADT COMMERCIAL LIMITED→ 16075113 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AEQUITAS ESTATE MANAGEMENT LIMITED→ 13329904 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AERA PROPERTY LTD→ 16539757 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Statusactive
Typeltd
Incorporated1998-05-01
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Craven House
Craven Road Broadheath
Altrincham
Cheshire
WA14 5HE
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-15
Last: 2026-05-01
Officers (2 active · 4 resigned)
HILL, Ronald Edward→
Activedirector · ~78y · appointed 1998-06-16
View their other companies + combined net worth →
SANDERS, Bradley John→
Activedirector · ~63y · appointed 1998-06-16
View their other companies + combined net worth →
SANDERS, Bradley John→
Resignedsecretary · appointed 1998-06-16 · resigned 2008-04-30
COBBETTS LIMITED→
Resignedcorporate-secretary · appointed 1998-05-01 · resigned 1998-06-16
WHITBY, Mark Philip→
Resigneddirector · ~68y · appointed 2016-05-11 · resigned 2021-06-30
COBBETTS LIMITED→
Resignedcorporate-director · appointed 1998-05-01 · resigned 1998-06-16
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
4
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 3 properties | 27/01/2021 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 27/01/2021 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 12/09/2014 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 22/08/2014 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 08/01/2003 | 02/02/2018 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 22/02/2001 | 02/02/2018 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 22/01/2001 | 02/02/2018 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 22/01/2001 | 16/12/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 22/01/2001 | 16/12/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 22/01/2001 | 16/12/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (105 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-08
accounts-with-accounts-type-small
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-small
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-01
accounts-with-accounts-type-small
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-16
accounts-with-accounts-type-small
accounts · AA
2022-12-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-03
resolution
resolution · RESOLUTIONS
2022-04-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-03-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-30
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2022-03-30
legacy
capital · SH20
2022-03-30