2MORROW GROUP LIMITED
🌳Matureactive
04908506 · ltd · incorporated 2003-09-23
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
PursueActive trading company with a 80-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
10 live charges · 4 lenders · oldest 22.6y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 22.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (57/100)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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
21 officers (4 active, 21 linked, 7 with DOB)
77
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
149 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
5
filings
- • 4 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (77 events)Click to expand
- 2026-01-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-26📄accounts-with-accounts-type-groupaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-groupaccounts · AA
- 2023-09-21📄accounts-with-accounts-type-groupaccounts · AA
- 2023-08-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-29🔓Charge satisfied #10
- 2022-09-24📄accounts-with-accounts-type-groupaccounts · AA
- 2022-02-04📄auditors-resignation-companyauditors · AUD
- 2021-10-03📄accounts-with-accounts-type-groupaccounts · AA
- 2020-12-30📄accounts-with-accounts-type-groupaccounts · AA
- 2020-11-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-11-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-11-04➕HOWE-DAVIES, Michael John appointedsecretary
- 2020-11-04➖FLETCHER, Samantha resignedsecretary
- 2020-06-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-18🔒Charge registered #10Lender: Barclays Bank PLC
- 2019-11-04📄auditors-resignation-companyauditors · AUD
- 2019-09-27📄accounts-with-accounts-type-groupaccounts · AA
- 2019-07-01📄change-person-director-company-with-change-dateofficers · CH01
- 2019-05-13➕FLETCHER, Samantha appointedsecretary
- 2019-05-13➖GREEN, Robert Edward resignedsecretary
- 2018-01-18🔓Charge satisfied #3
- 2018-01-18🔓Charge satisfied #1
- 2016-07-06🔓Charge satisfied #2
- 2014-10-31➕HOWE-DAVIES, Michael John appointeddirector
- 2014-10-31➖ANCHOR MARITIME ENTERPRISES S.A. resignedcorporate-director
- 2014-10-31➖DELMAR SHIPPING CO. S.A. resignedcorporate-director
- 2014-10-31➖DOMAIN SEA SERVICES S.A. resignedcorporate-director
- 2012-05-12🔓Charge satisfied #9
- 2012-05-12🔓Charge satisfied #8
- 2012-05-12🔓Charge satisfied #7
- 2012-05-12🔓Charge satisfied #6
- 2012-05-12🔓Charge satisfied #5
- 2012-05-12🔓Charge satisfied #4
- 2010-02-12🔒Charge registered #9Lender: Lloyds Tsb Commercial Finance Limited
- 2009-09-28➕DELMAR SHIPPING CO. S.A. appointedcorporate-director
- 2009-09-28➖WELLNESS SHIPPINGCO. S.A. resignedcorporate-director
- 2009-09-14➕ANCHOR MARITIME ENTERPRISES S.A. appointedcorporate-director
- 2009-09-14➕DOMAIN SEA SERVICES S.A. appointedcorporate-director
- 2009-09-14➖OLTRAMARE SHIPPINGCO. S.A. resignedcorporate-director
- 2009-09-14➖WINSTON SHIPPINGCO. S.A. resignedcorporate-director
- 2008-10-16➖ASHBERRY, Simon resigneddirector
- 2008-10-16➖STEPHENS, Janette resigneddirector
- 2008-10-16➕OLTRAMARE SHIPPINGCO. S.A. appointedcorporate-director
- 2008-10-16➕WELLNESS SHIPPINGCO. S.A. appointedcorporate-director
- 2008-10-16➕WINSTON SHIPPINGCO. S.A. appointedcorporate-director
- 2008-03-14🔒Charge registered #8Lender: Bank of Scotland PLC
Showing most recent 50 of 77 events
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Alexander Howe-Davies Individual · British · DOB 09/1978 · age 48 | — | — | sig. influencesignificant influence | 07/01/2026 |
Mr Michael John Howe-Davies Individual · British · DOB 08/1980 · age 46 | — | — | sig. influencesignificant influence | 07/01/2026 |
Mr Christopher George Howe-Davies Individual · British · DOB 02/1946 · age 80 | — | — | sig. influencesignificant influence | 07/01/2026 |
1 historic (ceased) PSC
- Howe-Davies Family Discretionary Trustceased 07/01/2026· 75-100% shares
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 · Professional services · OX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 12TREES CONSULTING SERVICES LTD→ 14439635 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 130R SERVICES LIMITED→ 13271145 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 2012 LAW LIMITED→ 07942094 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 268 LEISURE & HOSPITALITY LTD→ 15691949 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3 GREEN LIGHTS LTD→ 13880928 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 360 GOLF LIMITED→ 02521499 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| 3DS ENGINEERING LIMITED→ 11425186 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 43SEVEN LIMITED→ 17014834 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 4A CONSULTING LTD→ 14694138 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 4DHB LTD→ 10353250 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 5 RHINO CONSULTING LTD→ 13257590 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 5C CONSULTING LTD→ 12610733 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2003-09-23
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices
Registered office
2morrow Court Appleford Road
Sutton Courtenay
Oxfordshire
OX14 4FH
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-07
Last: 2025-12-24
Officers (4 active · 17 resigned)
HOWE-DAVIES, Michael John→
Activesecretary · appointed 2020-11-04
View their other companies + combined net worth →
HOWE DAVIES, Christopher George→
Activedirector · ~80y · appointed 2003-09-23
View their other companies + combined net worth →
HOWE DAVIES, James Alexander→
Activedirector · ~48y · appointed 2003-10-03
View their other companies + combined net worth →
HOWE-DAVIES, Michael John→
Activedirector · ~46y · appointed 2014-10-31
View their other companies + combined net worth →
FLETCHER, Samantha→
Resignedsecretary · appointed 2019-05-13 · resigned 2020-11-04
GREEN, Robert Edward→
Resignedsecretary · appointed 2006-03-15 · resigned 2019-05-13
OCAMPOS, Maria→
Resignedsecretary · appointed 2005-07-01 · resigned 2005-10-28
PLUMLEY, Fiona→
Resignedsecretary · appointed 2003-09-23 · resigned 2004-02-20
STEPHENS, Janette→
Resignedsecretary · appointed 2004-02-20 · resigned 2005-07-01
CFA SEC LTD→
Resignedcorporate-secretary · appointed 2003-09-23 · resigned 2003-09-23
ASHBERRY, Simon→
Resigneddirector · ~61y · appointed 2005-01-01 · resigned 2008-10-16
BURTON, Thomas Richard Wingrave→
Resigneddirector · ~48y · appointed 2005-01-01 · resigned 2005-11-14
HAYES, Stephen→
Resigneddirector · ~72y · appointed 2005-01-01 · resigned 2005-12-12
STEPHENS, Janette→
Resigneddirector · ~63y · appointed 2005-01-01 · resigned 2008-10-16
ANCHOR MARITIME ENTERPRISES S.A.→
Resignedcorporate-director · appointed 2009-09-14 · resigned 2014-10-31
COMPANYFORMATIONAGENT.COM LTD→
Resignedcorporate-director · appointed 2003-09-23 · resigned 2003-09-23
DELMAR SHIPPING CO. S.A.→
Resignedcorporate-director · appointed 2009-09-28 · resigned 2014-10-31
DOMAIN SEA SERVICES S.A.→
Resignedcorporate-director · appointed 2009-09-14 · resigned 2014-10-31
OLTRAMARE SHIPPINGCO. S.A.→
Resignedcorporate-director · appointed 2008-10-16 · resigned 2009-09-14
WELLNESS SHIPPINGCO. S.A.→
Resignedcorporate-director · appointed 2008-10-16 · resigned 2009-09-28
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
0
Outstanding
0
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 18/06/2020 | 29/08/2023 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 12/02/2010 | 12/05/2012 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Debenture | 1 property | 14/03/2008 | 12/05/2012 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Legal charge | 1 property | 27/09/2007 | 12/05/2012 | |
| satisfied | Lloyds Banking Group Bank of Scotland | Deed of covenant | 1 property | 27/09/2007 | 12/05/2012 | |
| satisfied | Lloyds Banking Group Bank of Scotland | Deed of assignment of earnings & insurance | 1 property | 27/09/2007 | 12/05/2012 | |
| satisfied | Lloyds Banking Group Bank of Scotland | Mortgage of a ship | 1 property | 27/09/2007 | 12/05/2012 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 09/03/2007 | 18/01/2018 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/02/2004 | 06/07/2016 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 03/10/2003 | 18/01/2018 |
Recent filings (149 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-07
accounts-with-accounts-type-group
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-24
accounts-with-accounts-type-group
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-28
accounts-with-accounts-type-group
accounts · AA
2023-09-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-27
accounts-with-accounts-type-group
accounts · AA
2022-09-24
auditors-resignation-company
auditors · AUD
2022-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-24