CONE DRIVE OPERATIONS LIMITED
🌳Matureactive
SC477864 · ltd · incorporated 2014-05-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 11.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 11.6y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 11.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (58/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 10 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 2 gazette
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2025-12-13📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-12-12📄accounts-with-accounts-type-fullaccounts · AA
- 2025-12-09📄gazette-notice-compulsorygazette · GAZ1
- 2025-08-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-21➕DISCENZA, Michael appointeddirector
- 2025-08-21➖FRACASSA, Philip Dominic resigneddirector
- 2025-07-21📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-15➕GRAHAM, Timothy appointeddirector
- 2025-07-15➖COUGHLIN, Christopher A resigneddirector
- 2025-01-07📄accounts-with-accounts-type-fullaccounts · AA
- 2024-05-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-10-19📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-21📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-10📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-08-09📄gazette-notice-compulsorygazette · GAZ1
- 2021-12-21📄accounts-with-accounts-type-fullaccounts · AA
- 2020-12-30📄accounts-with-accounts-type-fullaccounts · AA
- 2020-01-16📄accounts-with-accounts-type-fullaccounts · AA
- 2019-12-21📄gazette-filings-brought-up-to-dategazette · DISS40
- 2018-08-31➕ROELLGEN, Andreas appointeddirector
- 2018-08-31➕COUGHLIN, Christopher A appointeddirector
- 2018-08-31➕FRACASSA, Philip Dominic appointeddirector
- 2018-08-31➖GAMELIN, Kurt Dale resigneddirector
- 2018-08-31➖HAWKINS, Douglas Grahame resigneddirector
- 2018-08-31➖OFFUTT, Bruce, Dr resigneddirector
- 2018-08-31➖POWELL, Shauna Margaret resigneddirector
- 2018-08-31🔓Charge satisfied #1
- 2016-08-08➖FARLEY, Shaun Michael resigneddirector
- 2016-08-08➕OFFUTT, Bruce, Dr appointeddirector
- 2015-08-20➕FARLEY, Shaun Michael appointeddirector
- 2015-08-20➕GAMELIN, Kurt Dale appointeddirector
- 2014-09-23🔒Charge registered #1Lender: Citizens Bank, National Association as Administrative Agent for Each of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
- 2014-05-20🏢Company incorporatedAs CONE DRIVE OPERATIONS LIMITED
- 2014-05-20➕HAWKINS, Douglas Grahame appointeddirector
- 2014-05-20➕POWELL, Shauna Margaret appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: COUGHLIN, Christopher A resigned 2025-07-15; FRACASSA, Philip Dominic resigned 2025-08-21
Group structure
Apiary Investment Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Apiary Investment Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
CONE DRIVE OPERATIONS LIMITED
This company · SC477864
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 |
|---|---|---|---|---|
Apiary Investment Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Citizens Financial Group Incceased 31/08/2018· 75-100% shares
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
Active · Trade services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| E F PROPERTIES (SCOTLAND) LIMITED→ SC263006 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| EASTON GP UNLIMITED→ SC373794 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ECHO 3 SCOTLAND LIMITED→ SC559159 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ECURIE ECOSSE PROMOTIONS LTD→ SC417017 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| EDINBURGH CITY DRIVING SCHOOL LTD→ SC373848 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| EDINBURGH CLEANING TEAM LTD→ SC877987 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| EDINBURGH CONNECT LTD→ SC831116 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| EDINBURGH CONTRACTS LTD→ SC733017 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| EDINBURGH GARDENERS LIMITED→ SC505295 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| EDINBURGH GARDENING SERVICES LIMITED→ SC846669 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EDINBURGH GRAVE CARE LTD→ SC877071 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| EDINBURGH K9 FERTILITY CLINIC LTD→ SC770661 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2014-05-20
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Building 1 9 Haymarket Square
Edinburgh
EH3 8RY
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-03
Last: 2025-05-20
Officers (3 active · 7 resigned)
DISCENZA, Michael→
Activedirector · ~55y · appointed 2025-08-21
View their other companies + combined net worth →
GRAHAM, Timothy→
Activedirector · ~57y · appointed 2025-07-15
View their other companies + combined net worth →
ROELLGEN, Andreas→
Activedirector · ~59y · appointed 2018-08-31
View their other companies + combined net worth →
COUGHLIN, Christopher A→
Resigneddirector · ~66y · appointed 2018-08-31 · resigned 2025-07-15
FARLEY, Shaun Michael→
Resigneddirector · ~58y · appointed 2015-08-20 · resigned 2016-08-08
FRACASSA, Philip Dominic→
Resigneddirector · ~58y · appointed 2018-08-31 · resigned 2025-08-21
GAMELIN, Kurt Dale→
Resigneddirector · ~63y · appointed 2015-08-20 · resigned 2018-08-31
HAWKINS, Douglas Grahame→
Resigneddirector · ~55y · appointed 2014-05-20 · resigned 2018-08-31
OFFUTT, Bruce, Dr→
Resigneddirector · ~63y · appointed 2016-08-08 · resigned 2018-08-31
POWELL, Shauna Margaret→
Resigneddirector · ~52y · appointed 2014-05-20 · resigned 2018-08-31
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Citizens Bank, National Association as Administrative Agent for Each of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01) | A registered charge | 1 property | 23/09/2014 | 31/08/2018 |
Recent filings (62 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-13
accounts-with-accounts-type-full
accounts · AA
2025-12-12
gazette-notice-compulsory
gazette · GAZ1
2025-12-09
termination-director-company-with-name-termination-date
officers · TM01
2025-08-28
appoint-person-director-company-with-name-date
officers · AP01
2025-08-28
change-person-director-company-with-change-date
officers · CH01
2025-07-21
termination-director-company-with-name-termination-date
officers · TM01
2025-07-21
appoint-person-director-company-with-name-date
officers · AP01
2025-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-10
accounts-with-accounts-type-full
accounts · AA
2025-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-05-21
accounts-with-accounts-type-full
accounts · AA
2023-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-05