BACKBONE 2 BUSINESS LTD
🌳Matureactive
07010539 · ltd · incorporated 2009-09-07
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 Sept 2025
Net worth
£78.7k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -39% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 14.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 14.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £78,713
Net assets shrinking
Down £77,123 YoY
Cash YoY
-39%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£19k
↓ 39% YoY
Net Worth
£79k
↓ 49% YoY
Current Assets
£110k
↓ 14% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £88.6k | £165.7k |
| Current assets | £110.4k | £128.3k |
| Cash | £19.3k | £31.7k |
| Debtors | £91.1k | £96.6k |
| Net assets | £78.7k | £155.8k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-05📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-10📄change-person-director-company-with-change-dateofficers · CH01
- 2017-06-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-04-06➕GUY, Zahra Nazini appointeddirector
- 2011-10-05🔒Charge registered #1Lender: Ingenious Resources Limited
- 2009-09-07🏢Company incorporatedAs BACKBONE 2 BUSINESS LTD
- 2009-09-07➕SHAH, Nusrat Rehana appointeddirector
Owner dependency
81/100
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
- +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.
- +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.
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
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 |
|---|---|---|---|---|
Ms Nusrat Rehana Shah Individual · British · DOB 05/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · WD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ARTISAN SOLUTIONS UK LIMITED→ 06610521 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AUDIRE CONSULTANTS LIMITED→ 09971164 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AURA TAN & BEAUTY LIMITED→ 06147274 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| AUTOMOTIVE AND MARITIME HYDROGEN SOLUTIONS LTD→ 07630526 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AVDHOOT ENGINEERING LIMITED→ 10315251 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AXIAL LEGAL LIMITED→ 12966161 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AZTLAN LIMITED→ 07117959 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| B-A-R SERVICES GROUP LIMITED→ 12819863 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| B&A PRIME CLEANING SERVICES LTD→ 16955998 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| B2B BEAUTY LTD→ 16649450 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BACW CONSULTING LIMITED→ 13223650 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BALINTORE GUNDOGS LTD→ 16413569 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2009-09-07
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Sas House Friarswood
Chipperfield Road
Kings Langley
Hertfordshire
WD4 9JB
England
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05
Officers (2 active · 0 resigned)
GUY, Zahra Nazini→
Activedirector · ~36y · appointed 2016-04-06
View their other companies + combined net worth →
SHAH, Nusrat Rehana→
Activedirector · ~58y · appointed 2009-09-07
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ingenious Resources Ingenious Resources Limited | Deed of security assignment | 1 property | 05/10/2011 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (44 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-05
change-person-director-company-with-change-date
officers · CH01
2025-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-19