COFREE TECHNOLOGY LIMITED

💤Zombieactive

04384989 · ltd · incorporated 2002-03-01

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 Mar 2025

Net worth

£62

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 32409

Sector: Manufacturing

ALSO REGISTERED FOR

71122Engineering related scientific and technical consulting activities
74901Environmental consulting activities

Investor take

Pursue

Asset-holding vehicle with a 82-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 82). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £62

Net assets shrinking

Down £124 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£62

↓ 67% YoY

Current Assets

£512

↑ 17% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£1.5k	£1.4k
Current assets	£512	£436
Net assets	£62	£186

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-11-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-04
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-11-09
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2016-12-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-09-23
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-03-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-04
📄
change-person-secretary-company-with-change-date
officers · CH03
2016-03-04
📄
change-person-director-company-with-change-date
officers · CH01
2016-02-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2002-03-13
➕
HAINES, Judith Anne appointed
secretary
2002-03-13
➕
HAINES, Michael Rennie appointed
director
2002-03-06
➖
UKBF NOMINEE COMPANY SECRETARY LIMITED resigned
corporate-nominee-secretary
2002-03-06
➖
UKBF NOMINEE DIRECTOR LIMITED resigned
corporate-nominee-director
2002-03-01
🏢
Company incorporated
As COFREE TECHNOLOGY LIMITED
2002-03-01
➕
UKBF NOMINEE COMPANY SECRETARY LIMITED appointed
corporate-nominee-secretary
2002-03-01
➕
UKBF NOMINEE DIRECTOR LIMITED appointed
corporate-nominee-director

Owner dependency

100/100

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.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

100/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael Rennie Haines Individual · British · DOB 10/1944 · age 82	25–50%	—	25-50% shares	06/04/2016

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

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BLIGHTY SERVICES LIMITED→ 11473588 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
CAMBER CYCLE WORKS LTD→ 13372375 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
CICOREL (LONDON) LIMITED→ 00898362 · est 1967 · no financials extracted	—	—	—	—	59y	—	—
CLARKE ELLIOT NORMAN ASSOCIATES LIMITED→ 02321509 · est 1988 · no financials extracted	—	—	—	—	37y	—	—
CLAXTON CABINETRY LTD→ 13186658 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
CLEAR SIGNS DIGITAL LIMITED→ 08004350 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
CLEMENTINE CUSACK FILMS LTD→ 13309717 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
COLLINS NETS DC LTD→ 13332362 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
COLLINS NETS LIMITED→ 04688956 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
COLT AND WILLOW LTD.→ 11834351 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
COMPLETE BOILER CARE LTD→ 14558589 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
COMPLETE ELEVATOR SOLUTIONS LTD→ 14142617 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

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

Incorporated2002-03-01

Jurisdictionengland-wales

Primary SIC32409 — SIC 32409

Registered office

Vallemar Charberry Rise

Charmouth

Bridport

Dorset

DT6 6BN

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-15

Last: 2026-03-01

Officers (2 active · 2 resigned)

HAINES, Judith Anne→

secretary · appointed 2002-03-13

View their other companies + combined net worth →

Active

HAINES, Michael Rennie→

director · ~82y · appointed 2002-03-13

View their other companies + combined net worth →

Active

UKBF NOMINEE COMPANY SECRETARY LIMITED→

corporate-nominee-secretary · appointed 2002-03-01 · resigned 2002-03-06

Resigned

UKBF NOMINEE DIRECTOR LIMITED→

corporate-nominee-director · appointed 2002-03-01 · resigned 2002-03-06

Resigned

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