21 DEGREES LIMITED

🌳Matureactive

04635311 · ltd · incorporated 2003-01-13

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 23.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Plumbing, heat and air-conditioning installation

Sector: Construction

Investor take

Pursue

Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 23.1y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 23.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

7 officers (5 active, 7 linked, 4 with DOB)

Ownership & PSC

4 active PSC(s) of 4 total, 4 with control declared

Director network

Network not yet resolved

Filing history

67 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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

100

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	2025-01-31	2024-01-31
Average employees	27	2300

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

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-10-31
📄
accounts-with-accounts-type-small
accounts · AA
2024-10-29
📄
accounts-with-accounts-type-small
accounts · AA
2024-01-25
📄
accounts-with-accounts-type-small
accounts · AA
2022-10-31
📄
accounts-with-accounts-type-small
accounts · AA
2021-12-10
📄
accounts-with-accounts-type-small
accounts · AA
2020-10-06
📄
accounts-with-accounts-type-small
accounts · AA
2019-10-31
📄
accounts-with-accounts-type-small
accounts · AA
2018-10-31
📄
accounts-with-accounts-type-small
accounts · AA
2017-11-07
📄
accounts-with-accounts-type-small
accounts · AA
2016-11-09
📄
accounts-with-accounts-type-small
accounts · AA
2016-02-23
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-12
📄
accounts-with-accounts-type-small
accounts · AA
2015-01-29
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2014-11-18
📄
accounts-with-accounts-type-small
accounts · AA
2007-06-30
➕
NOBLE, Deborah appointed
director
2007-06-30
➕
REDHEAD, Christine appointed
director
2003-04-01
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2003-01-13
🏢
Company incorporated
As 21 DEGREES LIMITED
2003-01-13
➕
REDHEAD, Steven appointed
secretary
2003-01-13
➕
NOBLE, Vincent appointed
director
2003-01-13
➕
REDHEAD, Steven appointed
director
2003-01-13
➕
JL NOMINEES TWO LIMITED appointed
corporate-nominee-secretary
2003-01-13
➖
JL NOMINEES TWO LIMITED resigned
corporate-nominee-secretary
2003-01-13
➕
JL NOMINEES ONE LIMITED appointed
corporate-nominee-director
2003-01-13
➖
JL NOMINEES ONE LIMITED resigned
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 23 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

4 active beneficial owners · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Mrs Christine Redhead Individual · British · DOB 07/1961 · age 65	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Vincent Noble Individual · British · DOB 12/1965 · age 61	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Steven Redhead Individual · British · DOB 04/1961 · age 65	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Deborah Noble Individual · British · DOB 03/1969 · age 57	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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

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05748280 LTD→ 05748280 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
0800 REWIRE LIMITED→ 13286405 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
1 SYCAMORE SQUARE LTD→ 14216679 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
13J LTD→ 12700265 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
1BB LTD→ 11701606 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
1NG LIMITED→ 06835399 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
1OAK PROJECTS LIMITED→ 16086457 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
1ST FIX GROUP LTD→ 16777122 · est 2025 · no financials extracted	—	—	—	—	—	—	—
1ST FIX UPVC LTD→ 14044707 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
21ST CENTURY STYLE LIMITED→ 03896886 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
24 HOUR PLUMBING SERVICES LIMITED→ 16031506 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
24-7 PLUMBING & BOILERS LTD→ 16343525 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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.

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Company details

Statusactive

Typeltd

Incorporated2003-01-13

Jurisdictionengland-wales

Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

Unit 10 Apollo Court, Koppers Way

Monkton Business Park

Hebburn

Tyne And Wear

NE31 2ES

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-01-27

Last: 2026-01-13

Officers (5 active · 2 resigned)

REDHEAD, Steven→

secretary · appointed 2003-01-13

View their other companies + combined net worth →

Active

NOBLE, Deborah→

director · ~57y · appointed 2007-06-30

View their other companies + combined net worth →

Active

NOBLE, Vincent→

director · ~61y · appointed 2003-01-13

View their other companies + combined net worth →

Active

REDHEAD, Christine→

director · ~65y · appointed 2007-06-30

View their other companies + combined net worth →

Active

REDHEAD, Steven→

director · ~65y · appointed 2003-01-13

View their other companies + combined net worth →

Active

JL NOMINEES TWO LIMITED→

corporate-nominee-secretary · appointed 2003-01-13 · resigned 2003-01-13

Resigned

JL NOMINEES ONE LIMITED→

corporate-nominee-director · appointed 2003-01-13 · resigned 2003-01-13

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Debenture	1 property	01/04/2003	—

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