COCHRAN LTD

🌳Matureactive
SC379382 · ltd · incorporated 2010-05-28
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 28210
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 70). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 15.8y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 15.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
82
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
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-06-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-05-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-05-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-05-30
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  5. 2023-05-30
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  6. 2023-04-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2022-05-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2021-04-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2020-10-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2020-05-29
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2020-05-22
    📄
    capital-allotment-shares
    capital · SH01
  12. 2020-01-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2018-11-19
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  14. 2018-08-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2018-06-14
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  16. 2018-05-28
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  17. 2017-07-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2016-02-03
    🔒
    Charge registered #6
    Lender: Cochran Services LTD
  19. 2016-02-03
    🔒
    Charge registered #5
    Lender: Cochran Services LTD
  20. 2012-10-30
    ➕
    RITCHIE, Thomas Patrick appointed
    director
  21. 2011-05-25
    🔒
    Charge registered #4
    Lender: Hsbc Bank PLC
  22. 2011-05-06
    🔒
    Charge registered #3
    Lender: Hsbc Bank PLC
  23. 2010-11-05
    ➖
    DONG, Ping resigned
    director
  24. 2010-08-04
    🔒
    Charge registered #2
    Lender: Cochran Group LTD
  25. 2010-07-30
    ➕
    LI, Jianming appointed
    director
  26. 2010-07-19
    ➕
    VELICHANSKY, Andrew Boris appointed
    secretary
  27. 2010-07-19
    🔒
    Charge registered #1
    Lender: Cochran Group LTD
  28. 2010-07-16
    ➕
    DONG, Ping appointed
    director
  29. 2010-05-28
    🏢
    Company incorporated
    As COCHRAN LTD
  30. 2010-05-28
    ➕
    VELICHANSKY, Andrew Boris appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low
6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Cochran Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cochran Group Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
COCHRAN LTD
This company · SC379382

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%
NameSharesVoting rightsNature of controlNotified
Cochran Group Ltd
Corporate entity
75–100%
—75-100% shares06/04/2016

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

8 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
Incorporated2010-05-28
Jurisdictionscotland
Primary SIC28210 — SIC 28210

Registered office

Newbie Works
Annan
Annan
Dumfriesshire
DG12 5QU

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-11
Last: 2025-05-28

Officers (4 active · 1 resigned)

VELICHANSKY, Andrew Boris→
secretary · appointed 2010-07-19
View their other companies + combined net worth →
Active
LI, Jianming→
director · ~70y · appointed 2010-07-30
View their other companies + combined net worth →
Active
RITCHIE, Thomas Patrick→
director · ~58y · appointed 2012-10-30
View their other companies + combined net worth →
Active
VELICHANSKY, Andrew Boris→
director · ~63y · appointed 2010-05-28
View their other companies + combined net worth →
Active
DONG, Ping→
director · ~65y · appointed 2010-07-16 · resigned 2010-11-05
Resigned

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

Mortgages & charges

6
Total charges
6
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Cochran Services
Cochran Services LTD
A registered charge—03/02/2016—
outstanding
Cochran Services
Cochran Services LTD
A registered charge1 property03/02/2016—
outstanding
HSBC
Hsbc Bank PLC
Standard security1 property25/05/2011—
outstanding
HSBC
Hsbc Bank PLC
Floating charge1 property06/05/2011—
outstanding
Cochran Group
Cochran Group LTD
Standard security1 property04/08/2010—
outstanding
Cochran Group
Cochran Group LTD
Bond & floating charge1 property19/07/2010—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

accounts-with-accounts-type-full
accounts · AA
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
change-person-director-company-with-change-date
officers · CH01
2025-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
accounts-with-accounts-type-full
accounts · AA
2024-05-02
change-sail-address-company-with-old-address-new-address
address · AD02
2023-05-30
move-registers-to-sail-company-with-new-address
address · AD03
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-full
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-03
accounts-with-accounts-type-full
accounts · AA
2022-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-28
accounts-with-accounts-type-full
accounts · AA
2021-04-30
accounts-with-accounts-type-full
accounts · AA
2020-10-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-02