COTENDA LTD

🏛️Establishedactive
SC631665 · ltd · incorporated 2019-05-28
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
  • · Filings: 17 → 18
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Filings: 1718
Last 90 days

Picture improved over the last 90 days — 1 positive signal vs 0 negative.

  • Filings: 1718
Last 180 days

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

🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
£100
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £100
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100
~ YoY
Net Worth
£100
~ YoY
Current Assets
£100
~ YoY
Current Liabilities
£0£20£40£60£80£100Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£100£100
Current assets£100£100
Cash£100£100
Net assets£100£100

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

🔒Filing-note intelligence

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

Last 30 days
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-03-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-02-26
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2022-06-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-05-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2021-02-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-06-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2019-05-28
    🏢
    Company incorporated
    As COTENDA LTD
  11. 2019-05-28
    REID, Joshua Nicholas George appointed
    director
  12. 2019-05-28
    ROY, David William appointed
    director
  13. 2019-05-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Joshua Nicholas George Reid
Individual · British · DOB 09/1980 · age 46
50–75%50-75% voting28/05/2019
Mrs Karen Ann Reid
Individual · British · DOB 05/1977 · age 49
2550%
25-50% shares18/05/2021
David William Roy
Individual · British · DOB 03/1981 · age 45
25–50%25-50% voting28/05/2019
1 historic (ceased) PSC
  • Core Industries Ltdceased 01/06/2020· 75-100% shares · 75-100% voting · firm interest

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

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
Incorporated2019-05-28
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Unit J2 24 Craigmont Street
Maryhill
Glasgow
Lanarkshire
G20 9BT
Scotland

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-07-29
Last: 2026-07-15

Officers (2 active · 0 resigned)

REID, Joshua Nicholas George
director · ~46y · appointed 2019-05-28
View their other companies + combined net worth →
Active
ROY, David William
director · ~45y · appointed 2019-05-28
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-27
change-account-reference-date-company-previous-extended
accounts · AA01
2024-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-05-18
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-18
accounts-with-accounts-type-dormant
accounts · AA
2021-02-09