COBEN DISTRIBUTION LTD
- 46770SIC 46770
Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-05-31 | 2023-05-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 dissolution
- • 1 dissolution
- • 1 gazette
- • 1 officers
- • 2 officers
- • 1 dissolution
- • 1 gazette
Corporate timeline (24 events)Click to expand
- 2026-05-20📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2026-04-28📄gazette-notice-compulsorygazette · GAZ1
- 2026-03-02📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-02-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-03📄capital-allotment-sharescapital · SH01
- 2025-01-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-03📄capital-allotment-sharescapital · SH01
- 2024-10-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-05-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-01➕MCCAULEY, Gabriel Hugh appointeddirector
- 2020-02-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-18📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-12-02➕MCCAULEY, Gabriel appointedsecretary
- 2019-04-18➖GRAHAM, Peter resigneddirector
- 2019-04-09➕MCCAULEY, Patrick Gerard appointeddirector
- 2017-05-08🏢Company incorporatedAs COBEN DISTRIBUTION LTD
- 2017-05-08➕GRAHAM, Peter appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-02-28
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gabriel Mccauley Individual · Irish · DOB 11/1980 · age 46 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/06/2019 |
Mr Patrick Gerard Mccauley Individual · Irish · DOB 03/1953 · age 73 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/04/2019 |
1 historic (ceased) PSC
- Mr Peter Grahamceased 18/04/2019· 75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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9 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 →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
Registered office
Filing status
Officers (3 active · 1 resigned)
Click a director name to see their full track record across all companies.