CORDIUM INV CO LIMITED
⚰️Wound downdissolved
07378113 · ltd · incorporated 2010-09-16
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
55/100
Worth a look
What this business does
Primary activity: Activities of financial services holding companies
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)Distressed asset-holding vehicle — structural issues outweigh the discount.
Opportunity 55/100 (worth a look), bankability 72/100. Strong seller-intent signal (60/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
9 live charges · 9 lenders · oldest 15.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 15.6 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — 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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
19 officers (2 active, 19 linked, 18 with DOB)
89
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
156 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
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 (78 events)Click to expand
- 2025-02-11📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2025-02-11🏁Company dissolved
- 2024-12-28📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-12-28📄legacyaccounts · PARENT_ACC
- 2024-12-09📄legacyother · GUARANTEE2
- 2024-12-09📄legacyother · AGREEMENT2
- 2024-11-26📄gazette-notice-voluntarygazette · GAZ1(A)
- 2024-11-19📄dissolution-application-strike-off-companydissolution · DS01
- 2024-05-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-04-24📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-04-24📄legacyaccounts · PARENT_ACC
- 2024-04-24📄legacyother · AGREEMENT2
- 2024-04-24📄legacyother · GUARANTEE2
- 2023-10-18➖STEINHILBER, Matthew resignedsecretary
- 2023-06-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-05➕OLSON, Patrick appointeddirector
- 2023-06-05➖PALMER, Adam Keith resigneddirector
- 2023-06-05➖SHAH, Shvetank resigneddirector
- 2023-01-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-01-11🔓Charge satisfied #9
- 2022-12-21📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2022-12-21📄legacycapital · SH20
- 2022-12-21⚠️legacyinsolvency · CAP-SS
- 2022-12-21📄resolutionresolution · RESOLUTIONS
- 2022-11-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-10📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-05-26➕KARHADE, Neeraj, Director appointeddirector
- 2022-05-26➖METZGER, David Michael Kinsey resigneddirector
- 2021-03-09➕METZGER, David Michael Kinsey appointeddirector
- 2021-03-09➖WEEKES, Ron Gareth resigneddirector
- 2020-10-14🔒Charge registered #9Lender: Ares Capital Corporation
- 2020-05-15➖EICHENLAUB, Theodore resigneddirector
- 2020-05-15➕PALMER, Adam Keith appointeddirector
- 2020-05-15➕SHAH, Shvetank appointeddirector
- 2019-06-07➖STYPE, JR, Robert Louis resigneddirector
- 2019-04-30➖GRUBBS, Wayne resigneddirector
- 2018-12-17➕WEEKES, Ron Gareth appointeddirector
- 2018-09-28🔓Charge satisfied #8
- 2018-09-28🔓Charge satisfied #7
- 2018-08-31➕STEINHILBER, Matthew appointedsecretary
- 2018-08-31➖BURKE, Stephen John James resigneddirector
- 2018-08-31➕EICHENLAUB, Theodore appointeddirector
- 2018-08-31➕GRUBBS, Wayne appointeddirector
- 2018-08-31➖MULLIGAN, William George resigneddirector
- 2018-08-31➕STYPE, JR, Robert Louis appointeddirector
- 2017-11-29➖INSLEY, Andrew David Paul resigneddirector
- 2017-08-11🔓Charge satisfied #6
- 2017-08-11🔓Charge satisfied #5
Showing most recent 50 of 78 events
Owner dependency
66/100
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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2025-02-11
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-12-21: 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
Cordium Hold Co Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Cordium Hold Co Limited
Corporate parent · holds 75-100% shares · board control
⬇
CORDIUM INV CO LIMITED
This company · 07378113
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 |
|---|---|---|---|---|
Cordium Hold Co Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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
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|---|---|---|---|---|---|---|---|
| AIMS HOLDINGS NO. 2 LIMITED→ 03580575 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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| AIROULE UK LTD→ 11373283 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AITKEN ALEXANDER HOLDINGS LIMITED→ 15518620 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AIX CAPITAL GROUP LTD→ 16595963 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIX PROPERTIES LTD→ 13805413 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AJAINDRA HOLDINGS LTD→ 16900887 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJN DEVELOPMENTS LIMITED→ 03444996 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| AJN HOLDCO LTD→ 16203913 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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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
Statusdissolved
Typeltd
Incorporated2010-09-16
Jurisdictionengland-wales
Primary SIC64205 — Activities of financial services holding companies
Registered office
11 Strand
London
WC2N 5HR
England
Filing status
Accounts
Next due: —
Last made up to: 2023-12-31
Confirmation statement
Next due: —
Last: 2024-09-16
Officers (0 active · 17 resigned)
KARHADE, Neeraj, Director→
Activedirector · ~50y · appointed 2022-05-26
View their other companies + combined net worth →
OLSON, Patrick→
Activedirector · ~61y · appointed 2023-06-05
View their other companies + combined net worth →
STEINHILBER, Matthew→
Resignedsecretary · appointed 2018-08-31 · resigned 2023-10-18
BURKE, Stephen John James→
Resigneddirector · ~62y · appointed 2012-04-03 · resigned 2018-08-31
COX, Neil Simon→
Resigneddirector · ~58y · appointed 2010-09-16 · resigned 2015-01-30
DALLI, Dominic Stefan→
Resigneddirector · ~54y · appointed 2010-11-29 · resigned 2011-09-23
EICHENLAUB, Theodore→
Resigneddirector · ~52y · appointed 2018-08-31 · resigned 2020-05-15
GRUBBS, Wayne→
Resigneddirector · ~58y · appointed 2018-08-31 · resigned 2019-04-30
INSLEY, Andrew David Paul→
Resigneddirector · ~47y · appointed 2011-11-02 · resigned 2017-11-29
METZGER, David Michael Kinsey→
Resigneddirector · ~71y · appointed 2021-03-09 · resigned 2022-05-26
MULLIGAN, William George→
Resigneddirector · ~57y · appointed 2013-10-01 · resigned 2018-08-31
NEEDLEY, Michael→
Resigneddirector · ~56y · appointed 2011-09-23 · resigned 2015-01-30
PALMER, Adam Keith→
Resigneddirector · ~49y · appointed 2020-05-15 · resigned 2023-06-05
SHAH, Shvetank→
Resigneddirector · ~60y · appointed 2020-05-15 · resigned 2023-06-05
SOLWAY, Anthony Christopher John→
Resigneddirector · ~67y · appointed 2010-11-29 · resigned 2015-01-30
STYPE, JR, Robert Louis→
Resigneddirector · ~55y · appointed 2018-08-31 · resigned 2019-06-07
VAN LEEUWEN, Gerardus Jan Michel→
Resigneddirector · ~60y · appointed 2010-11-29 · resigned 2015-10-23
WEEKES, Ron Gareth→
Resigneddirector · ~58y · appointed 2018-12-17 · resigned 2021-03-09
WILSON, David Scott→
Resigneddirector · ~66y · appointed 2010-11-29 · resigned 2011-11-05
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Ares Capital Corporation | A registered charge | 1 property | 14/10/2020 | 11/01/2023 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC as Security Agent | A registered charge | — | 25/03/2015 | 28/09/2018 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 13/02/2015 | 28/09/2018 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC as Security Agent | Share pledge agreement | 1 property | 07/01/2012 | 11/08/2017 | |
| satisfied | Sovereign Capital Partners Sovereign Capital Partners LLP | Pledge agreement | 1 property | 07/01/2012 | 11/08/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC (As Security Agent for the Finance Parties) | Legal assignment | 1 property | 18/08/2011 | 11/08/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Legal assignment of keyman policy | 1 property | 01/06/2011 | 11/08/2017 | |
| satisfied | Sovereign Capital Partners as Security Trustee Sovereign Capital Partners LLP as Security Trustee | Guarantee & debenture | 1 property | 29/11/2010 | 11/08/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC (As Agent and Trustee for the Finance Parties) | Debenture | 1 property | 29/11/2010 | 11/08/2017 |
Recent filings (156 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2025-02-11
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-12-28
legacy
accounts · PARENT_ACC
2024-12-28
legacy
other · GUARANTEE2
2024-12-09
legacy
other · AGREEMENT2
2024-12-09
gazette-notice-voluntary
gazette · GAZ1(A)
2024-11-26
dissolution-application-strike-off-company
dissolution · DS01
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
termination-secretary-company-with-name-termination-date
officers · TM02
2024-05-16
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-04-24
legacy
accounts · PARENT_ACC
2024-04-24
legacy
other · AGREEMENT2
2024-04-24
legacy
other · GUARANTEE2
2024-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
termination-director-company-with-name-termination-date
officers · TM01
2023-06-28