CORD CONTRACT FURNITURE LIMITED
⚰️Wound downdissolved
SC080259 · ltd · incorporated 1982-10-05
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 43.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 75/100. Strong seller-intent signal (63/100, director aged 85). Share purchase looks the cleaner deal structure. 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 (73/100).
🏦
Refinance opportunity
2 live charges · oldest 43.1y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 43.1 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: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2016-09-20📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2016-09-20🏁Company dissolved
- 2016-07-05📄gazette-notice-voluntarygazette · GAZ1(A)
- 2016-06-28📄dissolution-application-strike-off-companydissolution · DS01
- 2016-02-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-06-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-09-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-05-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-05-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-05-29📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-05-29📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2012-06-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-05-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-08-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-05-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-06-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-09📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2010-06-09📄change-person-director-company-with-change-dateofficers · CH01
- 2009-09-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-07-17📄legacyofficers · 288a
- 2009-07-17📍legacyaddress · 287
- 2009-07-03📄legacyofficers · 288b
- 2009-07-01➖PETERKINS, SOLICITORS resignedcorporate-nominee-secretary
- 2009-06-22➕SRG LLP appointedcorporate-secretary
- 2009-05-11📄legacyannual-return · 363a
- 1992-04-10🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1990-11-02➖NICOL, Alexander resigneddirector
- 1983-03-11🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1982-10-05🏢Company incorporatedAs CORD CONTRACT FURNITURE LIMITED
Owner dependency
90/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 85 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 44 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-09-20
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Statusdissolved
Typeltd
Incorporated1982-10-05
Jurisdictionscotland
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Registered office
Suite 4.2 Turnberry House
175 West George Street
Glasgow
G2 2LB
Filing status
Accounts
Next due: —
Last made up to: 2015-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
Active
Active
PETERKINS, SOLICITORS→
Resignedcorporate-nominee-secretary · resigned 2009-07-01
NICOL, Alexander→
Resigneddirector · ~92y · resigned 1990-11-02
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 10/04/1992 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 11/03/1983 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (88 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2016-09-20
gazette-notice-voluntary
gazette · GAZ1(A)
2016-07-05
dissolution-application-strike-off-company
dissolution · DS01
2016-06-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-02-25
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-09-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-05-30
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-07-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-05-29
change-registered-office-address-company-with-date-old-address
address · AD01
2013-05-29
change-corporate-secretary-company-with-change-date
officers · CH04
2013-05-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-06-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-05-04
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-08-30