CDF HOLDINGS LIMITED

🌳Matureactive
SC244327 · ltd · incorporated 2003-02-20
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Why now
Window opening · medium confidence
Window opening — thesis has shifted to "property refinance" in the last 30 days.
  • · Investment thesis: well_run_hard_buy → property_refinance
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.0y old — refinance window within 12 months
What changed my view
Last 30 days

Mixed signals in the last 30 days — 0 improved, 0 worsened.

  • ·Investment thesis: well_run_hard_buy → property_refinance
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 Mar 2025
Net worth
£71.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 70221Financial management
Investor take
Pursue
Property-backed borrower with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 23.0y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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, 2 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 (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £71,479
Net assets shrinking
Down £7,300 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£71k
↓ 9.3% YoY
Current Assets
£27k
~ YoY
Current Liabilities
—
£0£16k£32k£47k£63k£79kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£71.5k£78.8k
Current assets£26.8k£26.8k
Net assets£71.5k£78.8k

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

Recent activity

Last 30 days
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-06-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-05-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-11-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-12-08
    ➕
    FORSTER, Andrea appointed
    director
  7. 2023-12-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2023-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-12-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-12-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-12-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2003-07-07
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  17. 2003-03-27
    ➕
    FORSTER, Andrea appointed
    secretary
  18. 2003-03-27
    ➕
    FORSTER, Patrick appointed
    director
  19. 2003-03-27
    ➖
    BLP SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  20. 2003-03-27
    ➖
    BLP CREATIONS LIMITED resigned
    corporate-nominee-director
  21. 2003-03-27
    ➖
    BLP FORMATIONS LIMITED resigned
    corporate-nominee-director
  22. 2003-02-20
    🏢
    Company incorporated
    As CDF HOLDINGS LIMITED
  23. 2003-02-20
    ➕
    BLP SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  24. 2003-02-20
    ➕
    BLP CREATIONS LIMITED appointed
    corporate-nominee-director
  25. 2003-02-20
    ➕
    BLP FORMATIONS LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Andrea Forster
Individual · British · DOB 06/1959 · age 67
25–50%
25–50%25-50% shares · 25-50% voting14/05/2025
Mr Patrick Forster
Individual · Scottish · DOB 07/1959 · age 67
25–50%
25–50%25-50% shares · 25-50% voting16/04/2016

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
Incorporated2003-02-20
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

10 Nettlehill Road
Houston Industrial Estate
Livingston
EH54 5DL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15

Officers (3 active · 3 resigned)

FORSTER, Andrea→
secretary · appointed 2003-03-27
View their other companies + combined net worth →
Active
FORSTER, Andrea→
director · ~67y · appointed 2023-12-08
View their other companies + combined net worth →
Active
FORSTER, Patrick→
director · ~67y · appointed 2003-03-27
View their other companies + combined net worth →
Active
BLP SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2003-02-20 · resigned 2003-03-27
Resigned
BLP CREATIONS LIMITED→
corporate-nominee-director · appointed 2003-02-20 · resigned 2003-03-27
Resigned
BLP FORMATIONS LIMITED→
corporate-nominee-director · appointed 2003-02-20 · resigned 2003-03-27
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property07/07/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (62 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-12
appoint-person-director-company-with-name-date
officers · AP01
2023-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-28