COOLFORCE LIMITED

💤Zombieactive
SC204027 · ltd · incorporated 2000-02-17
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
ALSO REGISTERED FOR
  • 43220Plumbing, heat and air-conditioning installation
  • 45400SIC 45400
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 61). 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).

🏦

Refinance opportunity

2 live charges · oldest 22.4y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 22.4 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, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Average employees00

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

🔒Filing-note intelligence

2 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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-27
    EAVES, William resigned
    director
  3. 2024-11-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-10-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-11-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-11-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2019-11-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2019-11-09
    🔓
    Charge satisfied #2
  12. 2019-11-09
    🔓
    Charge satisfied #1
  13. 2019-10-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2018-10-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2017-09-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2016-06-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-03-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2007-02-01
    EAVES, William appointed
    director
  19. 2006-11-30
    MITCHELL, John resigned
    director
  20. 2004-12-10
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 2004-01-14
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2000-02-17
    🏢
    Company incorporated
    As COOLFORCE LIMITED
  23. 2000-02-17
    MITCHELL, Graeme Thomas Cunningham appointed
    secretary
  24. 2000-02-17
    MITCHELL, Graeme Thomas Cunningham appointed
    director
  25. 2000-02-17
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  26. 2000-02-17
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  27. 2000-02-17
    MITCHELL, John appointed
    director

Owner dependency

93/100
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 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Graeme Thomas Cunningham Mitchell
Individual · British · DOB 11/1965 · age 61
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
Incorporated2000-02-17
Jurisdictionscotland
Primary SIC33120 — Repair of machinery

Registered office

127 Commercial Street
Kirkcaldy
Fife
KY1 2NY

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-03-03
Last: 2026-02-17

Officers (2 active · 3 resigned)

MITCHELL, Graeme Thomas Cunningham
secretary · appointed 2000-02-17
View their other companies + combined net worth →
Active
MITCHELL, Graeme Thomas Cunningham
director · ~61y · appointed 2000-02-17
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2000-02-17 · resigned 2000-02-17
Resigned
EAVES, William
director · ~66y · appointed 2007-02-01 · resigned 2024-11-27
Resigned
MITCHELL, John
director · ~75y · appointed 2000-02-17 · resigned 2006-11-30
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property10/12/200409/11/2019
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property14/01/200409/11/2019

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
termination-director-company-with-name-termination-date
officers · TM01
2024-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-21