2PURE PRODUCTS (DISTRIBUTION) LIMITED

🌳Matureactive
07816055 · ltd · incorporated 2011-10-19
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 9.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 20590
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 80/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 9.9y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 9.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (5 active, 6 linked, 6 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees13800

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-06-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-01-04
    📄
    capital-return-purchase-own-shares
    capital · SH03
  8. 2021-12-23
    📄
    legacy
    capital · SH20
  9. 2021-12-20
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  10. 2021-12-20
    ⚠️
    legacy
    insolvency · CAP-SS
  11. 2021-12-20
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2021-12-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2021-12-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2021-10-07
    📄
    capital-cancellation-shares
    capital · SH06
  15. 2021-09-30
    MOODIE, Iain Alasdair Keith appointed
    director
  16. 2021-09-21
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2021-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-05-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2020-05-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2016-07-01
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  22. 2016-05-27
    NICHOLS, Philip Paul, Dr appointed
    director
  23. 2016-05-27
    WILDY, David Bruce appointed
    director
  24. 2014-09-01
    LAW, James appointed
    director
  25. 2013-06-21
    TRETT, Paul resigned
    director
  26. 2011-10-19
    🏢
    Company incorporated
    As 2PURE PRODUCTS (DISTRIBUTION) LIMITED
  27. 2011-10-19
    DONAGHEY, Barry John appointed
    director
  28. 2011-10-19
    TRETT, Paul appointed
    director

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 15 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2021-12-20: legacy

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Barry Donaghey
Individual · British · DOB 11/1956 · age 70
2550%
25-50% shares06/04/2016
Mr James Law
Individual · British · DOB 04/1971 · age 55
sig. influencesignificant influence06/04/2016

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 →

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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
Incorporated2011-10-19
Jurisdictionengland-wales
Primary SIC20590 — SIC 20590

Registered office

32 Portland Terrace
Newcastle Upon Tyne
Tyne And Wear
NE2 1QP

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-03
Last: 2025-09-19

Officers (5 active · 1 resigned)

DONAGHEY, Barry John
director · ~70y · appointed 2011-10-19
View their other companies + combined net worth →
Active
LAW, James
director · ~55y · appointed 2014-09-01
View their other companies + combined net worth →
Active
MOODIE, Iain Alasdair Keith
director · ~59y · appointed 2021-09-30
View their other companies + combined net worth →
Active
NICHOLS, Philip Paul, Dr
director · ~59y · appointed 2016-05-27
View their other companies + combined net worth →
Active
WILDY, David Bruce
director · ~54y · appointed 2016-05-27
View their other companies + combined net worth →
Active
TRETT, Paul
director · ~72y · appointed 2011-10-19 · resigned 2013-06-21
Resigned

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
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge01/07/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-19
change-person-director-company-with-change-date
officers · CH01
2024-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-26
appoint-person-director-company-with-name-date
officers · AP01
2022-06-17
capital-return-purchase-own-shares
capital · SH03
2022-01-04
legacy
capital · SH20
2021-12-23
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2021-12-20
legacy
insolvency · CAP-SS
2021-12-20
resolution
resolution · RESOLUTIONS
2021-12-20