COBACO LIMITED

🌳Matureactive
05619753 · ltd · incorporated 2005-11-11
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 77/100. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

7 live charges · 6 lenders · oldest 20.1y

35/100
too messy

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

  • · Oldest live charge is 20.1 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
15 officers (3 active, 15 linked, 10 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
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 (60 events)Click to expand
  1. 2025-09-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-08-19
    ATTERBURY, Karen Lorraine appointed
    secretary
  3. 2024-08-19
    ATTERBURY, Karen Lorraine appointed
    director
  4. 2024-08-19
    HENDERSON, Charles Alex resigned
    secretary
  5. 2024-08-19
    HENDERSON, Charles Alex resigned
    director
  6. 2024-08-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-08-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2024-08-19
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  9. 2024-08-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-07-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2023-08-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-09-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-09-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2020-01-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2019-11-02
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  17. 2019-10-09
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  18. 2019-10-09
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2019-09-24
    📄
    legacy
    capital · SH20
  20. 2019-09-24
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  21. 2019-09-24
    ⚠️
    legacy
    insolvency · CAP-SS
  22. 2019-09-24
    📄
    resolution
    resolution · RESOLUTIONS
  23. 2019-02-26
    🔓
    Charge satisfied #7
  24. 2019-02-26
    🔓
    Charge satisfied #6
  25. 2019-02-26
    🔓
    Charge satisfied #5
  26. 2019-02-22
    WHITEHOUSE, Joel Paul appointed
    director
  27. 2019-02-22
    HENDERSON, Charles Alex appointed
    secretary
  28. 2019-02-22
    COOPER, Glenn Charles resigned
    director
  29. 2019-02-22
    COOPER, Heather Maria resigned
    director
  30. 2019-02-22
    HENDERSON, Charles Alex appointed
    director
  31. 2018-11-27
    🔓
    Charge satisfied #4
  32. 2018-04-09
    HULL, Christopher John resigned
    director
  33. 2017-11-30
    COOPER, Glenn Charles appointed
    director
  34. 2017-11-30
    HULL, Christopher John appointed
    director
  35. 2017-11-30
    SHIPLEY, Peter David resigned
    director
  36. 2017-11-01
    CLEGG, Mark resigned
    director
  37. 2017-08-11
    🔒
    Charge registered #7
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  38. 2015-07-20
    BALL, Robert Nicholas resigned
    director
  39. 2015-07-20
    COOPER, Glenn Charles resigned
    director
  40. 2015-07-20
    SHIPLEY, Peter David appointed
    director
  41. 2015-07-20
    🔒
    Charge registered #6
    Lender: Ldc (Managers) LTD
  42. 2014-09-19
    CLEGG, Mark appointed
    director
  43. 2013-02-15
    🔒
    Charge registered #5
    Lender: Ldc (Managers) Limited (Security Trustee)
  44. 2012-06-08
    🔓
    Charge satisfied #3
  45. 2012-04-27
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  46. 2010-09-28
    WOOD, Christopher James resigned
    secretary
  47. 2007-12-24
    🔓
    Charge satisfied #2
  48. 2007-12-24
    🔓
    Charge satisfied #1
  49. 2007-12-21
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  50. 2006-04-06
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
Showing most recent 50 of 60 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2019-09-24: legacy

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

Cobaco Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cobaco Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
COBACO LIMITED
This company · 05619753

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
Cobaco Holdings Ltd
Corporate entity
75100%
75-100% shares06/04/2016

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

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
Incorporated2005-11-11
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices

Registered office

Westhaven House Arleston Way
Shirley
Solihull
B90 4LH
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-10
Last: 2025-09-26

Officers (3 active · 12 resigned)

ATTERBURY, Karen Lorraine
secretary · appointed 2024-08-19
View their other companies + combined net worth →
Active
ATTERBURY, Karen Lorraine
director · ~50y · appointed 2024-08-19
View their other companies + combined net worth →
Active
WHITEHOUSE, Joel Paul
director · ~52y · appointed 2019-02-22
View their other companies + combined net worth →
Active
HENDERSON, Charles Alex
secretary · appointed 2019-02-22 · resigned 2024-08-19
Resigned
WOOD, Christopher James
secretary · appointed 2006-03-29 · resigned 2010-09-28
Resigned
CS SECRETARIES LIMITED
corporate-secretary · appointed 2005-11-11 · resigned 2006-03-29
Resigned
BALL, Robert Nicholas
director · ~65y · appointed 2006-03-29 · resigned 2015-07-20
Resigned
CLEGG, Mark
director · ~68y · appointed 2014-09-19 · resigned 2017-11-01
Resigned
COOPER, Glenn Charles
director · ~69y · appointed 2017-11-30 · resigned 2019-02-22
Resigned
COOPER, Glenn Charles
director · ~69y · appointed 2006-03-29 · resigned 2015-07-20
Resigned
COOPER, Heather Maria
director · ~65y · appointed 2006-03-29 · resigned 2019-02-22
Resigned
HENDERSON, Charles Alex
director · ~67y · appointed 2019-02-22 · resigned 2024-08-19
Resigned
HULL, Christopher John
director · ~60y · appointed 2017-11-30 · resigned 2018-04-09
Resigned
SHIPLEY, Peter David
director · ~40y · appointed 2015-07-20 · resigned 2017-11-30
Resigned
CS DIRECTORS LIMITED
corporate-director · appointed 2005-11-11 · resigned 2006-03-29
Resigned

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

Mortgages & charges

7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge1 property11/08/201726/02/2019
satisfied
Ldc (Managers)
Ldc (Managers) LTD
A registered charge20/07/201526/02/2019
satisfied
Ldc (Managers) (Security Trustee)
Ldc (Managers) Limited (Security Trustee)
Composite guarantee and debenture1 property15/02/201326/02/2019
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property27/04/201227/11/2018
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Debenture1 property21/12/200708/06/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property06/04/200624/12/2007
satisfied
Alan Taylor as Security Trustee for the Secured Parties (The Security Trustee)
Debenture1 property06/04/200624/12/2007

Recent filings (114 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-dormant
accounts · AA
2025-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
termination-director-company-with-name-termination-date
officers · TM01
2024-08-19
termination-secretary-company-with-name-termination-date
officers · TM02
2024-08-19
appoint-person-secretary-company-with-name-date
officers · AP03
2024-08-19
appoint-person-director-company-with-name-date
officers · AP01
2024-08-19
accounts-with-accounts-type-dormant
accounts · AA
2024-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-11
accounts-with-accounts-type-dormant
accounts · AA
2023-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-dormant
accounts · AA
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-12
accounts-with-accounts-type-dormant
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-26