COLD DRAWN TUBES LIMITED
Opportunity 49/100 (watch), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100). Current lenders should be on monthly review.
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (57 events)Click to expand
- 2021-09-07⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2021-09-07🏁Company dissolved
- 2021-08-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-31➖GIDWANI, Sharone Vanessa resigneddirector
- 2021-06-07⚠️liquidation-voluntary-members-return-of-final-meetinginsolvency · LIQ13
- 2021-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-12-15⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2019-11-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-11-29📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-11-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-11-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-10-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-10-21⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2019-10-21📄resolutionresolution · RESOLUTIONS
- 2019-10-21⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2019-10-03➕HARVEY, Colin Lloyd appointeddirector
- 2019-10-03➖ROBINSON, Theresa Valerie resignedsecretary
- 2019-10-03➕GIDWANI, Sharone Vanessa appointeddirector
- 2019-10-03➖SCANDRETT, Allison Leigh resigneddirector
- 2019-10-03➖BRITISH STEEL DIRECTORS (NOMINEES) LIMITED resignedcorporate-director
- 2017-01-27📄restoration-order-of-courtrestoration · AC92
- 2013-01-22📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-10-09📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-09-26📄dissolution-application-strike-off-companydissolution · DS01
- 2012-07-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-07-10📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2012-07-10📄legacycapital · SH20
- 2012-07-10⚠️legacyinsolvency · CAP-SS
- 2012-07-10📄resolutionresolution · RESOLUTIONS
- 2012-06-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-06-24➖STRICKLAND, Paul Rodger resigneddirector
- 2011-06-24➕BRITISH STEEL DIRECTORS (NOMINEES) LIMITED appointedcorporate-director
- 2008-04-28➖GLOVER, Derek Guy resigneddirector
- 2008-04-28➖NIELSEN, Frants Otto resigneddirector
- 2008-04-28➕SCANDRETT, Allison Leigh appointeddirector
- 2008-04-28➕STRICKLAND, Paul Rodger appointeddirector
- 2008-04-28➖WILKS, Peter Samuel resigneddirector
- 2007-06-28➖NAIRN, Alec James resignedsecretary
- 2007-06-28➕ROBINSON, Theresa Valerie appointedsecretary
- 2002-11-11➖GULLICK, Roger Richard Thomas resigneddirector
- 2002-11-11➕NIELSEN, Frants Otto appointeddirector
- 2002-11-01➖WHEELER, Timothy Glyn resigneddirector
- 1998-04-01➕WILKS, Peter Samuel appointeddirector
- 1998-03-24➖BROWN, David Stuart resigneddirector
- 1997-06-14➖VARLEY, Philip resigneddirector
- 1997-06-13➕BROWN, David Stuart appointeddirector
- 1997-06-13➕GLOVER, Derek Guy appointeddirector
- 1997-06-13➕WHEELER, Timothy Glyn appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 119 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2021-09-07
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2021-09-07: gazette-dissolved-liquidation; 2021-06-07: liquidation-voluntary-members-return-of-final-meeting
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Officers (0 active · 17 resigned)
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