2 WORKS TM LIMITED
🌳Matureactive
06952827 · ltd · incorporated 2009-07-06
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
—
year to Jun 2023
Net worth
£-1.74M
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 15.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 15.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (75/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £1,735,514
Key financials
1 year extracted from filed iXBRL accountsCash
£224k
Net Worth
-£1.7m
Current Assets
£814k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2023-06-29 |
|---|---|
| Total assets | £-1.57M |
| Current assets | £813.7k |
| Cash | £223.7k |
| Debtors | £589.9k |
| Net assets | £-1.74M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
2
filings
- • 2 mortgage
Last 180 days
4
filings
- • 4 mortgage
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2026-03-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-20🔓Charge satisfied #1
- 2026-03-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-16🔓Charge satisfied #2
- 2025-12-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-02🔒Charge registered #5Lender: Cynergy Business Finance Limited
- 2025-12-02🔒Charge registered #4Lender: Cynergy Business Finance Limited
- 2025-04-02📄accounts-with-accounts-type-smallaccounts · AA
- 2024-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-29📄accounts-with-accounts-type-smallaccounts · AA
- 2023-07-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-07-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-30📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-06-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-25📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-18📄accounts-with-accounts-type-smallaccounts · AA
- 2022-02-28📄accounts-with-accounts-type-smallaccounts · AA
- 2021-09-08📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-09-07📄gazette-notice-compulsorygazette · GAZ1
- 2021-01-26📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-09-18🔓Charge satisfied #3
- 2014-09-12🔒Charge registered #3Lender: By Way of Legal Charge All Legal Interest in Warehouse and Yard, Spen Lane, Cleckheaton, BD19 3SP (Land Registry No WYK272664)
- 2014-09-12🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2010-11-23🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2010-10-25➖DELANEY, Edward resigneddirector
- 2010-10-25➖MILLS, Darren resigneddirector
- 2010-10-01➖DELANEY, Edward resignedsecretary
- 2010-03-25➖HARDY, Alan resigneddirector
- 2010-03-25➖PORTER, Stuart resigneddirector
- 2009-09-10➕MILLS, Darren appointeddirector
- 2009-08-07➕HART, Christopher Stanley appointeddirector
- 2009-08-07➕WARBURTON, James Edward appointeddirector
- 2009-08-07➕HARDY, Alan appointeddirector
- 2009-08-07➕PORTER, Stuart appointeddirector
- 2009-07-06🏢Company incorporatedAs 2 WORKS TM LIMITED
- 2009-07-06➕DELANEY, Edward appointedsecretary
- 2009-07-06➕DELANEY, Edward appointeddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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.
Group structure
Majstor Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Majstor Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
2 WORKS TM LIMITED
This company · 06952827
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Majstor Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/07/2023 |
2 historic (ceased) PSCs
- Makehappen Group Limitedceased 05/07/2023· 75-100% shares · 75-100% voting · board control
- Mr Christopher Stanley Hartceased 03/04/2019· significant influence
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 · Trade services · WA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10BRIDGE LIMITED→ 08034973 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 11 DIGITAL LTD→ 12471028 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 11912584 LIMITED→ 11912584 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 15 MANCAVE HAIRDRESSING LTD→ 15287210 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 15 MANCAVE LTD→ 11234460 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 162 BEAUTY STUDIOS LTD→ 16569821 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 17 AVIATION LIMITED→ 10334123 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 1813 BALMORAL LIMITED→ 09212557 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 19 SCORE LIMITED→ 08845817 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| 1ENA CARS LIMITED→ 14171926 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 21 PROJECT LTD→ 16983408 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 24 SUPERIOR CLEANING LIMITED→ 11372170 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2009-07-06
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.
Registered office
Junction Lane
Sankey Valley Industrial Estate
Newton-Le-Willows
WA12 8DN
England
Filing status
Accounts
Next due: 2026-06-29
Last made up to: 2024-06-29
Confirmation statement
Next due: 2026-09-02
Last: 2025-08-19
Officers (2 active · 5 resigned)
HART, Christopher Stanley→
Activedirector · ~51y · appointed 2009-08-07
View their other companies + combined net worth →
WARBURTON, James Edward→
Activedirector · ~58y · appointed 2009-08-07
View their other companies + combined net worth →
DELANEY, Edward→
Resignedsecretary · appointed 2009-07-06 · resigned 2010-10-01
DELANEY, Edward→
Resigneddirector · ~43y · appointed 2009-07-06 · resigned 2010-10-25
HARDY, Alan→
Resigneddirector · ~62y · appointed 2009-08-07 · resigned 2010-03-25
MILLS, Darren→
Resigneddirector · ~54y · appointed 2009-09-10 · resigned 2010-10-25
PORTER, Stuart→
Resigneddirector · ~67y · appointed 2009-08-07 · resigned 2010-03-25
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | 1 property | 02/12/2025 | — | |
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | 6 properties | 02/12/2025 | — | |
| satisfied | By Way of Legal Charge All Legal Interest in Warehouse and Yard, Spen Lane, Cleckheaton, BD19 3SP (Land Registry No WYK272664) | A registered charge | 1 property | 12/09/2014 | 18/09/2014 | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 12/09/2014 | 16/03/2026 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 23/11/2010 | 20/03/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (72 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-20
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-03
accounts-with-accounts-type-small
accounts · AA
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-05
accounts-with-accounts-type-small
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-07-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-10
change-account-reference-date-company-current-shortened
accounts · AA01
2023-06-30
change-person-director-company-with-change-date
officers · CH01
2023-06-16