2RB LIMITED

💤Zombieactive
09766793 · ltd · incorporated 2015-09-08
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£399.9k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 9.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 9.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
75/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £399,869

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£400k
↑ 241% YoY
Current Assets
£240k
↓ 5.5% YoY
Current Liabilities
£0£80k£160k£240k£320k£400kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£450.9k£211.8k
Current assets£240.4k£254.3k
Net assets£399.9k£117.4k

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 mortgage
Last 180 days
1
filing
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-05-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-05-12
    🔓
    Charge satisfied #1
  3. 2025-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-11-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-11-05
    🔓
    Charge satisfied #2
  6. 2025-10-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-10-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-12-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-11-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-11-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-11-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-01-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2023-01-17
    BUTTLE, Allan Roger resigned
    director
  14. 2022-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-12-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  16. 2022-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2020-08-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2020-08-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2019-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2017-04-04
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  23. 2017-04-04
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  24. 2015-09-08
    🏢
    Company incorporated
    As 2RB LIMITED
  25. 2015-09-08
    BARNES, Ross Christopher appointed
    director
  26. 2015-09-08
    BUTTLE, Allan Roger appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ross Christopher Barnes
Individual · British · DOB 02/1969 · age 57
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Allan Roger Buttleceased 31/08/2025· 25-50% shares · 25-50% voting

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

7 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
Incorporated2015-09-08
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Oakwood House Guildford Road
Bucks Green
Horsham
West Sussex
RH12 3JJ
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07

Officers (1 active · 1 resigned)

BARNES, Ross Christopher
director · ~57y · appointed 2015-09-08
View their other companies + combined net worth →
Active
BUTTLE, Allan Roger
director · ~75y · appointed 2015-09-08 · resigned 2023-01-17
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
A registered charge04/04/201705/11/2025
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/04/201712/05/2026

Recent filings (36 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-03
change-person-director-company-with-change-date
officers · CH01
2024-11-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-11
termination-director-company-with-name-termination-date
officers · TM01
2023-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-12-22