COCKERHAM COMMERCIALS & RECOVERY SERVICES LIMITED
💤Zombieactive
06861680 · ltd · incorporated 2009-03-27
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 Jun 2025
Net worth
£687.3k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
1 live charge · oldest 15.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £687,250
Cash YoY
+1%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£193k
↑ 1.4% YoY
Net Worth
£687k
↑ 27% YoY
Current Assets
£379k
↓ 9.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £796.8k | £624.1k |
| Current assets | £379.4k | £418.4k |
| Cash | £192.9k | £190.3k |
| Debtors | £164.7k | £213.1k |
| Net assets | £687.3k | £542.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 accounts
Last 180 days
7
filings
- • 3 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-06-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-04-09📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-04-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-20➖COCKERHAM, Stephen William resigneddirector
- 2025-07-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-25🔓Charge satisfied #1
- 2025-06-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-04-03📄change-person-director-company-with-change-dateofficers · CH01
- 2018-04-03📄change-person-secretary-company-with-change-dateofficers · CH03
- 2012-10-29➕COCKERHAM, Thomas James appointedsecretary
- 2012-10-29➖WISE, Angela Ruth resignedsecretary
- 2011-04-04🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2010-12-15➕WISE, Angela Ruth appointedsecretary
- 2010-12-14➖COCKERHAM, Susan Rosemary resignedsecretary
- 2010-12-14➖COCKERHAM, Susan Rosemary resigneddirector
- 2009-03-27🏢Company incorporatedAs COCKERHAM COMMERCIALS & RECOVERY SERVICES LIMITED
- 2009-03-27➕COCKERHAM, Thomas James appointeddirector
- 2009-03-27➕COCKERHAM, Susan Rosemary appointedsecretary
- 2009-03-27➕COCKERHAM, Stephen William appointeddirector
- 2009-03-27➕COCKERHAM, Susan Rosemary appointeddirector
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "COCKERHAM" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Thomas James Cockerham Individual · British · DOB 04/1989 · age 37 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mrs Gemma Cockerham Individual · British · DOB 11/1988 · age 38 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/04/2025 |
1 historic (ceased) PSC
- Stephen William Cockerhamceased 20/10/2024· 25-50% shares · 25-50% 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 · Automotive · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BOX BUSH COMMERCIALS LTD→ 09053896 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BROOM PLANCE LIMITED→ 07468340 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| BULKGEAR ENGINEERING LIMITED→ 15191916 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CAR CARE SERVICE CENTRES LIMITED→ 03508007 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| CENTRAL PARK GARAGE LIMITED→ 01598335 · est 1981 · no financials extracted | — | — | — | — | 44y | — | — |
| CG CARS LIMITED→ 16282634 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CITY WEST COUNTRY LIMITED→ 04306194 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| CLASSIC CAR CLINIC SOUTH WEST LTD→ 11177499 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CLOVER CARS (BARNSTAPLE) LIMITED→ 04605556 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| CM CUSTOMS LTD→ 14565757 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CODDEN SERVICES LIMITED→ 02991359 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| COLIN'S GARAGE LTD→ 13752550 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2009-03-27
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200
Registered office
138 High Street
Crediton
Devon
EX17 3DX
England
Filing status
Accounts
Next due: 2027-03-29
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-10
Last: 2026-03-27
Officers (2 active · 4 resigned)
COCKERHAM, Thomas James→
Activesecretary · appointed 2012-10-29
View their other companies + combined net worth →
COCKERHAM, Thomas James→
Activedirector · ~37y · appointed 2009-03-27
View their other companies + combined net worth →
COCKERHAM, Susan Rosemary→
Resignedsecretary · appointed 2009-03-27 · resigned 2010-12-14
WISE, Angela Ruth→
Resignedsecretary · appointed 2010-12-15 · resigned 2012-10-29
COCKERHAM, Stephen William→
Resigneddirector · ~73y · appointed 2009-03-27 · resigned 2026-03-20
COCKERHAM, Susan Rosemary→
Resigneddirector · ~64y · appointed 2009-03-27 · resigned 2010-12-14
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 04/04/2011 | 25/07/2025 |
Recent filings (60 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-22
termination-director-company-with-name-termination-date
officers · TM01
2026-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-19
change-person-director-company-with-change-date
officers · CH01
2026-04-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-29