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2FRY LTD

💤Zombieactive
09411355 · ltd · incorporated 2015-01-28
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.
Why now
Window opening · high confidence
More negotiable than before — 5 signals weakening over the last 30 days.
  • · Deal-killer verdict: workable → complicated
  • · Opportunity score: 66 → 61
  • · Hygiene score: 70 → 60
  • · Bankability: 70 → 65
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 10 recent signals weakening vs 2 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 5 negative signals vs 1 positive.

  • Deal-killer verdict: workablecomplicated
  • Opportunity score: 6661
  • Hygiene score: 7060
  • Bankability: 7065
  • Live charges: 10
  • +3 more
Last 90 days

Picture worsened over the last 90 days — 5 negative signals vs 1 positive.

  • Deal-killer verdict: workablecomplicated
  • Opportunity score: 6661
  • Hygiene score: 7060
  • Bankability: 7065
  • Live charges: 10
  • +3 more
Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
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Turnover
year to Sept 2024
Net worth
£204.0k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 65/100. 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).

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

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
No charge records returned
50
Directors & officers
No officers data
0
Ownership & PSC
No PSC data returned
40
Director network
Network not yet resolved
30
Filing history
No filing history
0
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
70
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £203,981
Net assets shrinking
Down £41,641 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£204k
↓ 17% YoY
Current Assets
£549k
↑ 36% YoY
Current Liabilities
£0£110k£220k£330k£439k£549kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-232023-09-30
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.

Corporate timeline (1 events)Click to expand
  1. 2015-01-28
    🏢
    Company incorporated
    As 2FRY LTD

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-15

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2015-01-28
Jurisdictionengland-wales
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

16 Barlow Road
Hamilton
Leicester
LE5 1WL
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-23
Confirmation statement
Next due: 2026-04-15OVERDUE
Last: 2025-04-01