2SMS.COM LTD

💤Zombieactive

03294453 · ltd · incorporated 1996-12-19

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

Why now

Window steady · high confidence

Thesis has shifted recently — watch for confirmation.

· Lifecycle stage: distressed → zombie
· Investment thesis: distressed_attractive → zombie_hold
· Hygiene score: 50 → 90
· Bankability: 47 → 67

Opportunity decay

drifting distress · 6-months

Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.

· Lifecycle stage drifting downward
· Currently "zombie"

What changed my view

Last 30 days

Picture improved over the last 30 days — 3 positive signals vs 1 negative.

↓Lifecycle stage: distressed → zombie
·Investment thesis: distressed_attractive → zombie_hold
↑Opportunity score: 67 → 77
↑Hygiene score: 50 → 90
↑Bankability: 47 → 67

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

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

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£-232.2k

book net assets

Opportunity

77/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other telecommunications activities

Sector: Information & communication

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (78/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

6 live charges · 6 lenders · oldest 24.1y

15/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 24.1 years old — likely at or near maturity.
· 6 lenders named — inter-creditor friction likely.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: high (84/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

27 officers (1 active, 27 linked, 20 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

208 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Negative net assets

Liabilities exceed assets by £232,215

Very low cash

Cash position: £0

Cash draining

Cash down 100% YoY

Cash YoY

-100%

Year on year

Key financials

3 years extracted from filed iXBRL accounts

Cash

£0

↓ 100% YoY

Net Worth

-£232k

↓ 7.0% YoY

Current Assets

£85k

↓ 18% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-06-30	2024-06-30	2023-06-30
Total assets	£-232.2k	£-217.1k	£1.34M
Current assets	£84.7k	£103.8k	£210.1k
Cash	£0	£5.3k	£5.4k
Debtors	£84.7k	£98.5k	£204.7k
Net assets	£-232.2k	£-217.1k	£1.34M

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 2 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (84 events)Click to expand

2026-04-29
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-31
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-23
📄
memorandum-articles
incorporation · MA
2023-12-23
📄
resolution
resolution · RESOLUTIONS
2023-12-22
📍
move-registers-to-sail-company-with-new-address
address · AD03
2023-12-22
📍
change-sail-address-company-with-old-address-new-address
address · AD02
2023-12-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-09-21
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-09-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-01
➕
TULLY, Liam appointed
director
2023-09-01
➖
KETT, James resigned
director
2023-03-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-01
➖
COGAN, Paul resigned
director
2022-09-29
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-19
🔒
Charge registered #6
Lender: Bpc Ireland Lending Dac
2022-09-08
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2021-09-30
📍
change-sail-address-company-with-old-address-new-address
address · AD02
2021-09-29
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-09-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-08-19
➖
ADDIS, Thomas Rowan resigned
secretary
2021-08-19
➕
COGAN, Paul appointed
director
2021-08-19
➕
KETT, James appointed
director
2021-08-19
➖
KING, Timothy Mark resigned
director
2021-08-19
➖
MCGOVERN, Kevin Allan resigned
director
2017-12-07
➕
ADDIS, Thomas Rowan appointed
secretary
2017-11-30
➖
HALE, Ingunn resigned
secretary
2017-11-30
➖
HALE, Ingunn resigned
director
2016-09-15
➖
GOLDSTEIN, Richard Brian resigned
director
2016-09-15
➖
ROBERTS, Victoria Jj resigned
director
2015-02-04
🔓
Charge satisfied #5
2015-02-04
🔓
Charge satisfied #4
2015-02-04
🔓
Charge satisfied #3
2014-02-13
➕
HALE, Ingunn appointed
director
2013-09-19
➖
JAUNCEY, Kevin Lester resigned
director
2013-01-25
🔓
Charge satisfied #2
2009-12-11
➖
HEADING, Courtenay resigned
director
2009-09-17
➕
ROBERTS, Victoria Jj appointed
director
2009-08-05
🔒
Charge registered #5
Lender: Richard Goldstein
2009-08-05
🔒
Charge registered #4
Lender: Timothy King
2009-08-05
🔒
Charge registered #3
Lender: Martin Ashley
2009-08-05
🔒
Charge registered #2
Lender: The Capital Fund No.1 LP
2009-06-25
🔓
Charge satisfied #1
2009-02-27
➕
HALE, Ingunn appointed
secretary
2009-02-27
➖
TUTT, Gemma resigned
secretary
2008-09-01
➕
JAUNCEY, Kevin Lester appointed
director
2008-03-12
➖
KING, Camilla Anne resigned
secretary

Showing most recent 50 of 84 events

Owner dependency

90/100

Critical — business is the founder

The 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 72 — succession pressure is live.

Succession & seller-readiness

75/100

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 72 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Voicesage Global Holdings Designated Activity Company is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Voicesage Global Holdings Designated Activity Company

Corporate parent · holds 75-100% shares

ultimate parent

⬇

2SMS.COM LTD

This company · 03294453

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
Voicesage Global Holdings Designated Activity Company Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	19/08/2021

1 historic (ceased) PSC

Mr Timothy Mark Kingceased 19/08/2021· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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

Incorporated1996-12-19

Jurisdictionengland-wales

Primary SIC61900 — Other telecommunications activities

Registered office

Unit 208, Bedford Heights Brickhill Drive

Bedford

MK41 7PH

England

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-01-02

Last: 2025-12-19

Officers (1 active · 26 resigned)

TULLY, Liam→

director · ~72y · appointed 2023-09-01

View their other companies + combined net worth →

Active

ADDIS, Thomas Rowan→

secretary · appointed 2017-12-07 · resigned 2021-08-19

Resigned

HALE, Ingunn→

secretary · appointed 2009-02-27 · resigned 2017-11-30

Resigned

KING, Camilla Anne→

secretary · appointed 2002-11-13 · resigned 2008-03-12

Resigned

KING, Camilla Anne→

secretary · appointed 1996-12-19 · resigned 2002-04-18

Resigned

TUTT, Gemma→

secretary · appointed 2008-03-12 · resigned 2009-02-27

Resigned

HALLMARK SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 1996-12-19 · resigned 1996-12-19

Resigned

BECKER, Gabrielle→

director · ~64y · appointed 2004-05-20 · resigned 2005-09-27

Resigned

COGAN, Paul→

director · ~48y · appointed 2021-08-19 · resigned 2022-12-01

Resigned

EDWARDS, Paul→

director · ~46y · appointed 2002-11-13 · resigned 2005-05-31

Resigned

FISCHELIS, James Morris→

director · ~53y · appointed 2000-06-05 · resigned 2002-12-31

Resigned

GOLDSTEIN, Richard Brian→

director · ~65y · appointed 2007-11-23 · resigned 2016-09-15

Resigned

HALE, Ingunn→

director · ~71y · appointed 2014-02-13 · resigned 2017-11-30

Resigned

HEADING, Courtenay→

director · ~69y · appointed 2007-09-01 · resigned 2009-12-11

Resigned

HEADING, Courtenay→

director · ~69y · appointed 2005-10-06 · resigned 2007-08-31

Resigned

HEADING, Courtenay→

director · ~69y · appointed 2001-03-01 · resigned 2002-04-18

Resigned

JAUNCEY, Kevin Lester→

director · ~66y · appointed 2008-09-01 · resigned 2013-09-19

Resigned

JONES, Peter Wingate→

director · ~84y · appointed 2001-01-01 · resigned 2002-04-18

Resigned

KETT, James→

director · ~72y · appointed 2021-08-19 · resigned 2023-09-01

Resigned

KING, Camilla Anne→

director · ~59y · appointed 1998-04-24 · resigned 2002-04-18

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:6 of 6 shown

		Type	Properties
outstanding	Bpc Ireland Lending Dac	A registered charge	—	19/09/2022	—
satisfied	Richard Goldstein	Debenture	1 property	05/08/2009	04/02/2015
satisfied	Timothy King	Debenture	1 property	05/08/2009	04/02/2015
satisfied	Martin Ashley	Debenture	1 property	05/08/2009	04/02/2015
satisfied	The Capital Fund No.1 LP	Debenture	1 property	05/08/2009	25/01/2013
satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	Debenture	1 property	27/06/2002	25/06/2009

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (208 total)

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2026-04-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-03-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-03-02

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2025-03-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-23

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2024-06-30

memorandum-articles

incorporation · MA

2023-12-23

resolution

resolution · RESOLUTIONS

2023-12-23

move-registers-to-sail-company-with-new-address

address · AD03

2023-12-22

change-sail-address-company-with-old-address-new-address

address · AD02

2023-12-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-20

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2023-12-20

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2023-09-21

termination-director-company-with-name-termination-date

officers · TM01

2023-09-06

appoint-person-director-company-with-name-date

officers · AP01

2023-09-06