2FRY LTD
Opportunity 66/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 6.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-23 | 2023-09-30 |
|---|---|---|
| Total assets | £204.0k | £245.6k |
| Current assets | £549.3k | £402.6k |
| Net assets | £204.0k | £245.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (22 events)Click to expand
- 2025-06-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-06-21📄gazette-notice-compulsorygazette · GAZ1
- 2022-06-18📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-04📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2020-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-02📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-04-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-09-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-09-10📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-09-10📄change-person-director-company-with-change-dateofficers · CH01
- 2019-06-18🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2015-01-28🏢Company incorporatedAs 2FRY LTD
- 2015-01-28➕DALAL, Ronak appointedsecretary
- 2015-01-28➕DALAL, Ronak appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-15
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ronak Dalal Individual · British · DOB 12/1974 · age 52 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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Active · Hospitality · LE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 GREY STONE LTD→ 11954950 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 10 DINING STREET LIMITED→ 15830171 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 10STAY PROPERTIES LTD→ 15327945 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 BROTHERS CATERING LTD→ 15220452 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2 FOR 1 PIZZA & KEBAB LIMITED→ 11159966 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 21AMED LTD→ 15231870 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 263RESTAURANT AND BAR LTD→ 14099451 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 27 KILMORIE ROAD (FREEHOLD) LIMITED→ 07006214 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 2FRY WOODGREEN LTD→ 10275108 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 2FUNKY BAR & KITCHEN LIMITED→ 11481171 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3 KILNS LTD→ 12648832 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 3 LITTLE BIRDS RESTAURANT LTD→ 14721158 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 18/06/2019 | — |