2 SHEERWATER LIMITED

🌳Matureactive

08542888 · ltd · incorporated 2013-05-23

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

£100

book net assets

Opportunity

79/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other service activities n.e.c.

Sector: Other service activities

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (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 (73/100).

Data confidence

Overall: medium (72/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

28 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £100

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

£100

Current Assets

£100

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-05-31
Total assets	£100
Current assets	£100
Net assets	£100

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

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-02-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-02-20
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-06-21
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-06-21
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-02-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-06-01
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-06-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-15
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-03-15
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-07-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-05-23
🏢
Company incorporated
As 2 SHEERWATER LIMITED
2013-05-23
➕
ABBASI, Farid Abbas appointed
director
2013-05-23
➕
ABBASI, Shafaq Farid appointed
director

Owner dependency

79/100

High — earn-out structure required

Material 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.
+Senior director age: Director aged approximately 63 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 13 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No 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
Shafaq Farid Abbasi Individual · British · DOB 01/1969 · age 57	25–50%	—	25-50% shares	06/04/2017
Mr Farid Abbas Abbasi Individual · British · DOB 11/1963 · age 63	25–50%	—	25-50% shares	06/04/2017

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.

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182 IVERSON ROAD FREEHOLD LIMITED→ 09227256 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
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24/7 EMERGENCY LOCKSMITH SOLUTION LTD→ 13098260 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
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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.

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Company details

Statusactive

Typeltd

Incorporated2013-05-23

Jurisdictionengland-wales

Primary SIC96090 — Other service activities n.e.c.

Registered office

11a Empire Parade

Empire Way

Wembley

Middlesex

HA9 0RQ

England

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-06-06

Last: 2025-05-23

Officers (2 active · 0 resigned)

ABBASI, Farid Abbas→

director · ~63y · appointed 2013-05-23

View their other companies + combined net worth →

Active

ABBASI, Shafaq Farid→

director · ~57y · appointed 2013-05-23

View their other companies + combined net worth →

Active

Click a director name to see their full track record across all companies.