ZENITH (TWO) LIMITED
⚰️Wound downdissolved
03316079 · ltd · incorporated 1997-02-11
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
55/100
Worth a look
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 55/100 (worth a look), bankability 72/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 28.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 28.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
14 officers (2 active, 14 linked, 10 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth 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
55
Some acquirability indicators.
Risk profile
59
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 (62 events)Click to expand
- 2018-01-16📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2018-01-16🏁Company dissolved
- 2017-10-31📄gazette-notice-voluntarygazette · GAZ1(A)
- 2017-10-19📄dissolution-application-strike-off-companydissolution · DS01
- 2017-10-18📄legacyother · GUARANTEE2
- 2017-10-10📄second-filing-of-director-appointment-with-namedocument-replacement · RP04AP01
- 2017-07-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-07-17🔓Charge satisfied #5
- 2017-03-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-10-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-07-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-05-20➖ALLAN, Mark Christopher resigneddirector
- 2016-05-19➕FAULKNER, David appointeddirector
- 2016-02-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-17📄change-person-director-company-with-change-dateofficers · CH01
- 2015-11-10📄change-person-director-company-with-change-dateofficers · CH01
- 2015-09-10📄change-person-secretary-company-with-change-dateofficers · CH03
- 2015-08-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-03-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-08-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-03-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-09-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-02-18➕SZPOJNAROWICZ, Christopher Robert appointedsecretary
- 2013-02-18➖REID, Andrew Donald resignedsecretary
- 2013-02-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-02-18📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2013-02-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2012-10-22📄change-person-director-company-with-change-dateofficers · CH01
- 2012-09-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-03-01➖BENNETT, Michael Peter resigneddirector
- 2008-12-01➖MCDONALD, David Andrew resigneddirector
- 2007-05-22➕BENNETT, Michael Peter appointeddirector
- 2007-05-22➕MCDONALD, David Andrew appointeddirector
- 2007-01-14➖WHATSON, Andrew James resigneddirector
- 2006-11-20➖PORTER, Nicholas Anthony resigneddirector
- 2003-06-30➖RANSOME, David Peter resigneddirector
- 2001-12-20🔓Charge satisfied #3
- 2001-12-20🔓Charge satisfied #4
- 2001-12-20🔓Charge satisfied #2
- 2000-09-01➕ALLAN, Mark Christopher appointeddirector
- 2000-07-04➖GRIFFIN, Peter Andrew Travers resigneddirector
- 2000-01-07➖RANSOME, David Peter resignedsecretary
- 2000-01-07➕REID, Andrew Donald appointedsecretary
- 1999-09-30➖BROADBENT, Walter Louis Farndon resigneddirector
- 1999-09-27🔒Charge registered #5Lender: Allied Dunbar Assurance PLC
- 1999-04-26🔒Charge registered #3Lender: Dunbar Bank PLC
- 1999-04-16➕BROADBENT, Walter Louis Farndon appointeddirector
- 1999-04-16➕WHATSON, Andrew James appointeddirector
- 1999-03-24➕GRIFFIN, Peter Andrew Travers appointeddirector
Showing most recent 50 of 62 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 29 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 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2018-01-16
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Unite Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Unite Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
ZENITH (TWO) LIMITED
This company · 03316079
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 |
|---|---|---|---|---|
Unite Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
Active · Property · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 31 DOWNLEAZE (MANAGEMENT) LIMITED→ 02572979 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| 38 ARCHFIELD ROAD, COTHAM LIMITED→ 01372453 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| 39 SUSSEX AVENUE LIMITED→ 15442102 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 3A LETS LTD→ 16846081 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4 CAMBRIDGE PARK REDLAND MANAGEMENT LIMITED→ 01545807 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| 40 STATION ROAD LTD→ 09062872 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 44 TO 46 JAMAICA STREET MANAGEMENT COMPANY LIMITED→ 14333433 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 47 STACKPOOL ROAD LTD→ 16270882 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 48 CHEAM ROAD LTD→ 11700003 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 48 DOWNS PARK WEST MANAGEMENT COMPANY LIMITED→ 02752810 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| 48 PARK STREET BRISTOL LTD→ 13583720 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 48 PARK STREET OPCO LIMITED→ 15550666 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Statusdissolved
Typeltd
Incorporated1997-02-11
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
South Quay
Temple Back
Bristol
BS1 6FL
United Kingdom
Filing status
Accounts
Next due: —
Last made up to: 2015-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 12 resigned)
SZPOJNAROWICZ, Christopher Robert→
Activesecretary · appointed 2013-02-18
View their other companies + combined net worth →
FAULKNER, David→
Activedirector · ~50y · appointed 2016-05-19
View their other companies + combined net worth →
RANSOME, David Peter→
Resignedsecretary · appointed 1997-02-11 · resigned 2000-01-07
REID, Andrew Donald→
Resignedsecretary · appointed 2000-01-07 · resigned 2013-02-18
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-02-11 · resigned 1997-02-11
ALLAN, Mark Christopher→
Resigneddirector · ~54y · appointed 2000-09-01 · resigned 2016-05-20
BENNETT, Michael Peter→
Resigneddirector · ~68y · appointed 2007-05-22 · resigned 2012-03-01
BROADBENT, Walter Louis Farndon→
Resigneddirector · ~63y · appointed 1999-04-16 · resigned 1999-09-30
GRIFFIN, Peter Andrew Travers→
Resigneddirector · ~70y · appointed 1999-03-24 · resigned 2000-07-04
KURASH, Perry Ian→
Resigneddirector · ~65y · appointed 1997-02-11 · resigned 1998-06-30
MCDONALD, David Andrew→
Resigneddirector · ~60y · appointed 2007-05-22 · resigned 2008-12-01
PORTER, Nicholas Anthony→
Resigneddirector · ~57y · appointed 1997-02-11 · resigned 2006-11-20
RANSOME, David Peter→
Resigneddirector · ~59y · appointed 1998-03-09 · resigned 2003-06-30
WHATSON, Andrew James→
Resigneddirector · ~60y · appointed 1999-04-16 · resigned 2007-01-14
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Allied Dunbar Assurance Allied Dunbar Assurance PLC | Legal and floating charge | 2 properties | 27/09/1999 | 17/07/2017 | |
| satisfied | Dunbar Bank Dunbar Bank PLC | Debenture | 1 property | 26/04/1999 | 20/12/2001 | |
| satisfied | Dunbar Bank Dunbar Bank PLC | Legal charge | 1 property | 30/01/1999 | 20/12/2001 | |
| satisfied | The Heritable & General Investment Bank The Heritable & General Investment Bank Limited | Floating charge | 3 properties | 05/09/1997 | 20/12/2001 | |
| satisfied | The Heritable & General Investment Bank The Heritable & General Investment Bank Limited | Legal charge | 1 property | 05/09/1997 | 10/03/1999 |
Recent filings (92 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-01-16
gazette-notice-voluntary
gazette · GAZ1(A)
2017-10-31
dissolution-application-strike-off-company
dissolution · DS01
2017-10-19
legacy
other · GUARANTEE2
2017-10-18
second-filing-of-director-appointment-with-name
document-replacement · RP04AP01
2017-10-10
mortgage-satisfy-charge-full
mortgage · MR04
2017-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2017-04-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-03-27
appoint-person-director-company-with-name-date
officers · AP01
2016-10-27
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-07-14
termination-director-company-with-name-termination-date
officers · TM01
2016-05-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-02-29
change-person-director-company-with-change-date
officers · CH01
2015-11-17
change-person-director-company-with-change-date
officers · CH01
2015-11-10
change-person-secretary-company-with-change-date
officers · CH03
2015-09-10