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.
🔒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 22.3y

45/100
under pressure

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

  • · Oldest live charge is 22.3 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, 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
1
filing
  • • 1 confirmation-statement
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
75–100%
—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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FTV PROCLAD (U.K.) LIMITED→
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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