2 BUY A LIMITED
💤Zombieactive
05699074 · ltd · incorporated 2006-02-06
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
£136.1k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
2 live charges · oldest 0.6y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 0.6 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £136,118
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£136k
↑ 53% YoY
Current Assets
£162k
↑ 37% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £136.1k | £89.0k |
| Current assets | £161.9k | £117.9k |
| Net assets | £136.1k | £89.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-10-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-15🔒Charge registered #2Lender: Lloyds Bank PLC
- 2025-10-15🔒Charge registered #1Lender: Lloyds Bank PLC
- 2024-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-07📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-02-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-02-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-02-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-17📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-10-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-01➖SIMPSON, Andrew William resigneddirector
- 2008-10-01➕SIMPSON, Andrew William appointeddirector
- 2006-02-06🏢Company incorporatedAs 2 BUY A LIMITED
- 2006-02-06➕SIMPSON, Jacklynne appointedsecretary
- 2006-02-06➕SIMPSON, Luke Drew appointeddirector
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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
cleanNo 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 Luke Drew Simpson Individual · British · DOB 05/1983 · age 43 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Andrew William Simpsonceased 01/04/2019· 25-50% 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 · Wholesale & distribution · SS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 24 HOURS SOFT DRINKS SUPPLY LTD→ 14498822 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 888 CONSULT LTD→ 06668698 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| A & J RETAIL UK LTD→ 05480502 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| A.A.C. ELECTRIC LIMITED→ 01695662 · est 1983 · no financials extracted | — | — | — | — | 43y | — | — |
| A2Z SAVERS LIMITED→ 16417393 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB BOWEN LIMITED→ 10365249 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ABBOTT FASTENERS LIMITED→ 01627240 · est 1982 · no financials extracted | — | — | — | — | 44y | — | — |
| ABKG TRADING LIMITED→ 15963274 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACENTRIXIA LTD→ 15920572 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACH ACCESS CONTROL LIMITED→ 11148420 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ACORN COMPONENTS LIMITED→ 05145949 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ACORN TEXTILES LIMITED→ 04253720 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
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
Incorporated2006-02-06
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
1579 London Road
Leigh On Sea
Essex
SS9 2SG
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06
Officers (2 active · 1 resigned)
SIMPSON, Jacklynne→
Activesecretary · appointed 2006-02-06
View their other companies + combined net worth →
SIMPSON, Luke Drew→
Activedirector · ~43y · appointed 2006-02-06
View their other companies + combined net worth →
SIMPSON, Andrew William→
Resigneddirector · ~70y · appointed 2008-10-01 · resigned 2019-04-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 15/10/2025 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 15/10/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (58 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-07
change-person-secretary-company-with-change-date
officers · CH03
2022-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-02