CORE (HOLDINGS) LIMITED
⚰️Wound downdissolved
03671679 · ltd · incorporated 1998-11-20
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 26.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: SIC 19209
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 65/100 (strong), bankability 70/100. Strong seller-intent signal (65/100, director aged 60). 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
3 live charges · 2 lenders · oldest 26.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 26.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — 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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2020-01-14📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2020-01-14🏁Company dissolved
- 2019-10-29📄gazette-notice-voluntarygazette · GAZ1(A)
- 2019-10-22📄dissolution-application-strike-off-companydissolution · DS01
- 2019-09-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-08-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-08-23🔓Charge satisfied #1
- 2018-07-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-19📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-19📄change-person-secretary-company-with-change-dateofficers · CH03
- 2018-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-07-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-06-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-09-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-10-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-10-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-11-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-09-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-11-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-10-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-10-30📄change-person-director-company-with-change-dateofficers · CH01
- 2012-06-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-03-10➖MARTIN, Philip James resigneddirector
- 2008-11-01➕EVERITT, Steven David appointeddirector
- 2002-06-06🔒Charge registered #3Lender: Lloyds Tsb Commercial Finance Limited
- 2002-06-06🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 1999-07-26🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 1999-06-18➕FROGSON, Darren Barber appointedsecretary
- 1999-06-18➕FROGSON, Darren Barber appointeddirector
- 1999-06-18➖WS (SECRETARIES) LIMITED resignedcorporate-secretary
- 1999-06-18➕MARTIN, Philip James appointeddirector
- 1999-06-18➖WS (DIRECTORS) LIMITED resignedcorporate-director
- 1998-11-20🏢Company incorporatedAs CORE (HOLDINGS) LIMITED
- 1998-11-20➕WS (SECRETARIES) LIMITED appointedcorporate-secretary
- 1998-11-20➕WS (DIRECTORS) LIMITED appointedcorporate-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 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 ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-01-14
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Darren Barber Frogson Individual · British · DOB 10/1966 · age 60 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Manufacturing · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & P HOME MAINTENANCE LIMITED→ 04635586 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| A.P.D. FABRICATIONS LTD→ 12644277 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A.P.D. TRUCK MIXER REPAIRS LTD→ 07442456 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ALL STEEL FENCING NATIONWIDE LTD→ 13501702 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALL STEEL FENCING SUPPLIES LTD→ 15996441 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLUMS JEWELLERS LTD→ 05024709 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| ALPHA PRESTIGE REPAIR LTD→ 17068474 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALRIGHT ENGINEERING LIMITED→ 12460400 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALRIGHT FABRICATIONS LIMITED→ 06950517 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ALSON ENGINEERING LIMITED→ 04864509 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ALT CNC MACHINE TOOL SERVICES LTD.→ 08383619 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ALTOR CONSULTING LIMITED→ 12389434 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Statusdissolved
Typeltd
Incorporated1998-11-20
Jurisdictionengland-wales
Primary SIC19209 — SIC 19209
Registered office
Exol Lubricants Limited
All Saints Road
Darlaston
West Midlands
WS10 9LL
United Kingdom
Filing status
Accounts
Next due: —
Last made up to: 2017-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
FROGSON, Darren Barber→
Activesecretary · appointed 1999-06-18
View their other companies + combined net worth →
EVERITT, Steven David→
Activedirector · ~59y · appointed 2008-11-01
View their other companies + combined net worth →
FROGSON, Darren Barber→
Activedirector · ~60y · appointed 1999-06-18
View their other companies + combined net worth →
WS (SECRETARIES) LIMITED→
Resignedcorporate-secretary · appointed 1998-11-20 · resigned 1999-06-18
MARTIN, Philip James→
Resigneddirector · ~74y · appointed 1999-06-18 · resigned 2010-03-10
WS (DIRECTORS) LIMITED→
Resignedcorporate-director · appointed 1998-11-20 · resigned 1999-06-18
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Debenture | 1 property | 06/06/2002 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 06/06/2002 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 26/07/1999 | 23/08/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (76 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2020-01-14
gazette-notice-voluntary
gazette · GAZ1(A)
2019-10-29
dissolution-application-strike-off-company
dissolution · DS01
2019-10-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2019-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-26
mortgage-satisfy-charge-full
mortgage · MR04
2018-08-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-07-20
change-person-director-company-with-change-date
officers · CH01
2018-07-19
change-person-secretary-company-with-change-date
officers · CH03
2018-07-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-07-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-07-19
accounts-with-accounts-type-dormant
accounts · AA
2018-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-10-30
accounts-with-accounts-type-dormant
accounts · AA
2017-09-20
confirmation-statement-with-updates
confirmation-statement · CS01
2016-10-24