2 SPOONS LIMITED

💤Zombieactive

04456639 · ltd · incorporated 2002-06-07

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Dormant / non-trading with a 82-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 82). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (2 active, 6 linked, 3 with DOB)

Ownership & PSC

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

Director network

8 connected companies via shared directors

Filing history

66 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2025-09-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-04-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-04-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-04-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-05-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-05-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-04-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-01-21
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-07-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-07-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-10-06
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-06-28
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2016-07-11
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-06-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-06-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-09-30
➖
ISAAC, Michael James resigned
director
2005-03-24
➕
ISAAC, Michael James appointed
director
2004-03-24
➖
SEDGBEER, Peter James resigned
director
2002-06-07
🏢
Company incorporated
As 2 SPOONS LIMITED
2002-06-07
➕
LEE, Carol Ann appointed
secretary
2002-06-07
➕
LEE, Graham appointed
director
2002-06-07
➕
TEMPLE SECRETARIES LIMITED appointed
corporate-nominee-secretary
2002-06-07
➖
TEMPLE SECRETARIES LIMITED resigned
corporate-nominee-secretary
2002-06-07
➕
SEDGBEER, Peter James appointed
director
2002-06-07
➕
COMPANY DIRECTORS LIMITED appointed
corporate-nominee-director
2002-06-07
➖
COMPANY DIRECTORS LIMITED resigned
corporate-nominee-director

Owner dependency

100/100

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.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

100/100

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 82 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Graham Lee Individual · British · DOB 06/1944 · age 82	75–100%	—	75-100% shares	07/06/2017

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 · Holding company · B postcode area

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1 - 3 BARBICAN ROAD RTM COMPANY LIMITED→ 11046395 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
10 WAKE GREEN RTM COMPANY LIMITED→ 05126273 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
10-16 METCHLEY RISE RTM COMPANY LIMITED→ 15158465 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
118 GROUP INVESTMENTS LTD.→ 10495899 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
1326 BRS RTM COMPANY LIMITED→ 15915306 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
149 DYNAMICS LTD→ 16727891 · est 2025 · no financials extracted	—	—	—	—	—	—	—
15 BELSIZE PARK GARDENS LIMITED→ 03203596 · est 1996 · no financials extracted	—	—	—	—	29y	—	—
18-24 LORDS LANE (STUDLEY) LIMITED→ 04148137 · est 2001 · no financials extracted	—	—	—	—	25y	—	—
1ST CLASS FINANCIAL SERVICES LIMITED→ 17058872 · est 2026 · no financials extracted	—	—	—	—	—	—	—
2 - 18 WALMEAD CROFT RTM COMPANY LIMITED→ 13408523 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
2020 INNOVATION TRAINING HOLDINGS LTD→ 11520618 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
206 WHAM PROPERTIES LIMITED→ 13073244 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated2002-06-07

Jurisdictionengland-wales

Primary SIC74990 — Non-trading company

Registered office

Statfold Barn Farm

Ashby Road

Tamworth

B79 0BU

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-06-21

Last: 2025-06-07

Officers (2 active · 4 resigned)

LEE, Carol Ann→

secretary · appointed 2002-06-07

View their other companies + combined net worth →

Active

LEE, Graham→

director · ~82y · appointed 2002-06-07

View their other companies + combined net worth →

Active

TEMPLE SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2002-06-07 · resigned 2002-06-07

Resigned

ISAAC, Michael James→

director · ~63y · appointed 2005-03-24 · resigned 2013-09-30

Resigned

SEDGBEER, Peter James→

director · ~86y · appointed 2002-06-07 · resigned 2004-03-24

Resigned

COMPANY DIRECTORS LIMITED→

corporate-nominee-director · appointed 2002-06-07 · resigned 2002-06-07

Resigned

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