2 S PLUMBING & HEATING LTD
🌳Matureactive
07920318 · ltd · incorporated 2012-01-23
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 Jan 2025
Net worth
£7.6k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 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
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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £7,589
Net assets shrinking
Down £28,868 YoY
Cash YoY
+17%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£75k
↑ 17% YoY
Net Worth
£8k
↓ 79% YoY
Current Assets
£102k
↑ 6.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £13.8k | £53.2k |
| Current assets | £101.7k | £95.5k |
| Cash | £74.7k | £63.6k |
| Debtors | £24.0k | £28.9k |
| Net assets | £7.6k | £36.5k |
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
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-05-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-02-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-31➖SLATER, Jack resigneddirector
- 2021-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-08-29➕SLATER, Jack appointeddirector
- 2012-01-23🏢Company incorporatedAs 2 S PLUMBING & HEATING LTD
- 2012-01-23➕SLATER, Adam appointeddirector
- 2012-01-23➕SLATER, Matthew appointeddirector
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Matthew Slater Individual · British · DOB 08/1979 · age 47 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/06/2016 |
Mr Adam Slater Individual · British · DOB 06/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/06/2016 |
2 historic (ceased) PSCs
- Mr Jack Slaterceased 31/01/2022· significant influence
- Mrs Margaret Slaterceased 31/01/2022· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 1PROMAINTANANCRSERVICES LIMITED→ 17120846 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 1ST CALL MECHANICAL ELECTRICAL LIMITED→ 09309721 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 1ST CALL TECHNOLOGIES LTD→ 05734726 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 1ST CHOICE SEAMLESS GUTTERS LTD→ 14126621 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1ST CLAS CEILING AND PARTITION SPECIALISTS LIMITED→ 08584861 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| 1ST CLASS KITCHENS LIMITED→ 05556866 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 1ST CLASS ROOFING & BUILDING LTD→ 08297061 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 1ST CLASS TILING LTD→ 14381980 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 200 ACRES LTD→ 15942358 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 29 ELECTRICAL LTD→ 15276253 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2SOL LIMITED→ 07375680 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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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
Incorporated2012-01-23
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-30
Last: 2026-01-16
Officers (2 active · 1 resigned)
SLATER, Adam→
Activedirector · ~45y · appointed 2012-01-23
View their other companies + combined net worth →
SLATER, Matthew→
Activedirector · ~47y · appointed 2012-01-23
View their other companies + combined net worth →
SLATER, Jack→
Resigneddirector · ~77y · appointed 2014-08-29 · resigned 2022-01-31
Click a director name to see their full track record across all companies.
Recent filings (44 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-02
termination-director-company-with-name-termination-date
officers · TM01
2022-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-28