NATIONAL GRID (US) INVESTMENTS 2 LIMITED

⚰️Wound downdissolved
03784528 · ltd · incorporated 1999-06-03
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
45/100
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 45/100 (watch), bankability 50/100. 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 (43/100). Current lenders should be on monthly review.

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
Confirmed no charges registered
85
Directors & officers
34 officers (1 active, 34 linked, 27 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
177 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
45/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
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 (92 events)Click to expand
  1. 2024-09-13
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2024-09-13
    🏁
    Company dissolved
  3. 2024-06-13
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · LIQ13
  4. 2023-10-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2023-10-26
    HAGAN, Lawrence resigned
    secretary
  6. 2023-08-26
    ⚠️
    liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
    insolvency · LIQ03
  7. 2022-11-23
    📄
    termination-director-company
    officers · TM01
  8. 2022-11-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2022-11-22
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2022-11-18
    BARNES, Megan resigned
    secretary
  11. 2022-11-18
    HAGAN, Lawrence appointed
    secretary
  12. 2022-06-29
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  13. 2022-06-29
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · LIQ01
  14. 2022-06-29
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2022-06-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2022-06-21
    DICKIE, Kylee Marie resigned
    director
  17. 2022-06-21
    GRANT, Simon Warren resigned
    director
  18. 2022-06-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-06-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2021-12-14
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  21. 2021-02-09
    📄
    capital-alter-shares-consolidation
    capital · SH02
  22. 2021-02-05
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  23. 2021-02-05
    📄
    legacy
    capital · SH20
  24. 2021-02-05
    ⚠️
    legacy
    insolvency · CAP-SS
  25. 2021-02-05
    📄
    resolution
    resolution · RESOLUTIONS
  26. 2021-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2021-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  28. 2021-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2021-01-28
    CLAY, Jonathan Paul resigned
    director
  30. 2021-01-28
    MEAD, Andrew Kenneth resigned
    director
  31. 2021-01-28
    WATERS, Christopher John resigned
    director
  32. 2020-08-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  33. 2020-07-01
    DICKIE, Kylee Marie appointed
    director
  34. 2018-11-30
    BARNES, Megan appointed
    secretary
  35. 2018-11-30
    MORGAN, Alice Parker resigned
    secretary
  36. 2018-04-30
    BONAR, David Charles resigned
    director
  37. 2017-11-01
    BEANEY, Fiona Louise resigned
    director
  38. 2017-11-01
    CLAY, Jonathan Paul appointed
    director
  39. 2017-07-27
    GRANT, Simon Warren appointed
    director
  40. 2017-07-27
    JACKSON, William Joseph resigned
    director
  41. 2016-03-08
    MORGAN, Alice Parker appointed
    secretary
  42. 2016-03-08
    RAYNER, Heather Maria resigned
    secretary
  43. 2015-12-07
    MEAD, Andrew Kenneth appointed
    director
  44. 2015-10-30
    FRASER, Emmanuel David resigned
    director
  45. 2015-10-29
    JACKSON, William Joseph appointed
    director
  46. 2013-11-30
    FORWARD, David Charles resigned
    secretary
  47. 2013-09-09
    LEWIS, Alexandra Morton resigned
    director
  48. 2013-05-31
    AGG, Andrew Jonathan resigned
    director
  49. 2013-05-23
    FRASER, Emmanuel David appointed
    director
  50. 2013-03-22
    PRESTON, David Anthony appointed
    director
Showing most recent 50 of 92 events

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
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple 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.
  • secondary12+ year tenure: Director in role 13 years.
  • secondaryStable-but-static management: Company is 27 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

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2024-09-13

6 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-09-13: gazette-dissolved-liquidation; 2024-06-13: liquidation-voluntary-members-return-of-final-meeting

Group structure

National Grid Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
National Grid Plc
Corporate parent · holds 75-100% shares · board control
ultimate parent
NATIONAL GRID (US) INVESTMENTS 2 LIMITED
This company · 03784528

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
National Grid Plc
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/09/2019
1 historic (ceased) PSC
  • National Grid (Us) Partner 1 Limitedceased 06/09/2019· 75-100% shares · 75-100% voting · board control

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

10 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 →
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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.

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Company details

Statusdissolved
Typeltd
Incorporated1999-06-03
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

C/O Interpath Limited
10 Fleet Place
London
EC4M 7RB

Filing status

Accounts
Next due:
Last made up to: 2020-03-31
Confirmation statement
Next due:
Last: 2021-12-11

Officers (0 active · 33 resigned)

PRESTON, David Anthony
director · ~55y · appointed 2013-03-22
View their other companies + combined net worth →
Active
BAKER, Helen Alice
secretary · appointed 2007-01-08 · resigned 2007-11-23
Resigned
BARNES, Megan
secretary · appointed 2018-11-30 · resigned 2022-11-18
Resigned
FORWARD, David Charles
secretary · appointed 1999-06-03 · resigned 2013-11-30
Resigned
HAGAN, Lawrence
secretary · appointed 2022-11-18 · resigned 2023-10-26
Resigned
MORGAN, Alice Parker
secretary · appointed 2016-03-08 · resigned 2018-11-30
Resigned
RAYNER, Heather Maria
secretary · appointed 2011-07-27 · resigned 2016-03-08
Resigned
SMITH, Fiona Brown
secretary · appointed 1999-06-09 · resigned 2002-12-31
Resigned
AGG, Andrew Jonathan
director · ~57y · appointed 2009-07-10 · resigned 2013-05-31
Resigned
BEANEY, Fiona Louise
director · ~55y · appointed 2013-03-22 · resigned 2017-11-01
Resigned
BONAR, David Charles
director · ~55y · appointed 2012-03-01 · resigned 2018-04-30
Resigned
BOX, Stephen John
director · ~76y · appointed 1999-06-03 · resigned 2002-11-30
Resigned
CARTER, Charles Ralph Ambrose
director · ~59y · appointed 2001-04-18 · resigned 2002-11-29
Resigned
CLAY, Jonathan Paul
director · ~51y · appointed 2017-11-01 · resigned 2021-01-28
Resigned
DICKIE, Kylee Marie
director · ~45y · appointed 2020-07-01 · resigned 2022-06-21
Resigned
FLAWN, Mark Antony David
director · ~70y · appointed 2008-09-30 · resigned 2013-03-22
Resigned
FORWARD, David Charles
director · ~71y · appointed 2002-12-20 · resigned 2009-03-16
Resigned
FRASER, Emmanuel David
director · ~49y · appointed 2013-05-23 · resigned 2015-10-30
Resigned
GERRETSEN, Wolbert
director · ~84y · appointed 1999-06-09 · resigned 2000-10-19
Resigned
GRANT, Simon Warren
director · ~47y · appointed 2017-07-27 · resigned 2022-06-21
Resigned

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

Recent filings (177 total)

gazette-dissolved-liquidation
gazette · GAZ2
2024-09-13
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2024-06-13
termination-secretary-company-with-name-termination-date
officers · TM02
2023-10-27
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2023-08-26
termination-director-company
officers · TM01
2022-11-23
termination-secretary-company-with-name-termination-date
officers · TM02
2022-11-22
appoint-person-secretary-company-with-name-date
officers · AP03
2022-11-22
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2022-06-29
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2022-06-29
resolution
resolution · RESOLUTIONS
2022-06-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-29
termination-director-company-with-name-termination-date
officers · TM01
2022-06-21
termination-director-company-with-name-termination-date
officers · TM01
2022-06-21
change-account-reference-date-company-previous-extended
accounts · AA01
2021-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-14