2 AC PROPERTIES
💤Zombieactive
07031591 · private-unlimited-nsc · incorporated 2009-09-28
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
—
not disclosed
Net worth
—
book net assets
Opportunity
81/100
Exceptional
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
PursueActive trading company with a 71-year-old founder — textbook succession opportunity.
Opportunity 81/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 71). 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 15.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
82
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
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2024-07-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-10-08📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2014-10-01📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2013-09-30📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2012-10-03📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2011-10-03📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2011-02-18📄legacymortgage · MG01
- 2011-02-15🔒Charge registered #1Lender: Coutts & Company
- 2010-10-04📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2010-10-04📄change-person-director-company-with-change-dateofficers · CH01
- 2010-10-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2010-10-04📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-10-02📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2009-09-28🏢Company incorporatedAs 2 AC PROPERTIES
- 2009-09-28➕ROTHSTEIN, Malcolm Lewis appointedsecretary
- 2009-09-28➕ROTHSTEIN, Susan Mildred appointeddirector
- 2009-09-28📄incorporation-companyincorporation · NEWINC
Owner dependency
100/100
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 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
98/100
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 71 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Susan Mildred Rothstein Individual · United Kingdom · DOB 01/1955 · age 71 | 25–50% | — | 25-50% shares | 28/09/2016 |
Mr Malcolm Lewis Rothstein Individual · United Kingdom · DOB 08/1953 · age 73 | 25–50% | — | 25-50% shares | 28/09/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 1RG INVESTMENTS LIMITED→ 12552528 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 1ST CLASS PROTECTION LIMITED→ 05030024 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| 1ST EUROPE SERVICES LIMITED→ 14176115 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 2 GROUP SOLUTIONS LTD.→ 16201190 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2 LANCASTER GROVE (MANAGEMENT) LIMITED→ 02793088 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| 20 TWENTY INITIATIVE CIC→ 16061533 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 20/20 LDN LTD→ 09954066 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 204 WATFORD WAY LIMITED→ 08221140 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 21 MEDIA LIMITED→ 12618465 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 21 VISION LIMITED→ 06582439 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 22 LYNDALE AVENUE LIMITED→ 07501553 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 22 X 43 CREATIVE LTD→ 09633682 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Typeprivate-unlimited-nsc
Incorporated2009-09-28
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.
Registered office
6 Erskine Hill
London
NW11 6HB
England
Filing status
Accounts
Next due: —
Last made up to: —
Confirmation statement
Next due: 2026-10-12
Last: 2025-09-28
Officers (2 active · 0 resigned)
ROTHSTEIN, Malcolm Lewis→
Activesecretary · appointed 2009-09-28
View their other companies + combined net worth →
ROTHSTEIN, Susan Mildred→
Activedirector · ~71y · appointed 2009-09-28
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 | NatWest Group Coutts & Company | Legal charge | 1 property | 15/02/2011 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (24 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2016-09-30
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-10-08
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2014-10-01
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2013-09-30