2PP LIMITED
🌳Matureactive
09805556 · ltd · incorporated 2015-10-02
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 8.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 71-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (68/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 8.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 8.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-10🔒Charge registered #3Lender: Interbay Funding Limited
- 2022-07-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-25📄change-person-director-company-with-change-dateofficers · CH01
- 2018-06-25📄change-person-director-company-with-change-dateofficers · CH01
- 2018-06-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-06-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-12-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-12-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-10-04📄change-person-director-company-with-change-dateofficers · CH01
- 2017-07-26🔒Charge registered #2Lender: National Westminster Bank PLC
- 2017-07-18🔒Charge registered #1Lender: National Westminster Bank PLC
- 2015-10-02🏢Company incorporatedAs 2PP LIMITED
- 2015-10-02➕JOHNSON, Michael appointeddirector
- 2015-10-02➕NAGAN, Deborah Louise appointeddirector
Owner dependency
78/100
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.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
71/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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 |
|---|---|---|---|---|
Deborah Nagan Individual · British · DOB 11/1964 · age 62 | 25–50% | — | 25-50% shares | 30/04/2016 |
Michael Johnson Individual · British · DOB 07/1955 · age 71 | 25–50% | — | 25-50% shares | 30/04/2016 |
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 →Similar companies
Active · Property · SE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 247 PECKHAM RYE LIMITED→ 06720676 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 25/28 MODEL FARM CLOSE LIMITED→ 04393450 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| 26 HATTON GARDEN TENANT LIMITED→ 11471503 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 2PW LTD→ 10950007 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 2R PROPERTY CAPITAL LIMITED→ 17024423 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3 BLUE - KEMPSHOTT LTD→ 06291760 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 3 HEREFORD GARDENS (FREEHOLD) LIMITED→ 12743392 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 30 DORNTON ROAD LIMITED→ 15464234 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 31 PANMURE ROAD MANAGEMENT COMPANY LIMITED→ 06663277 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 31-33 MILTON ROAD MANAGEMENT COMPANY LIMITED→ 04406664 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| 314 BROWNHILL ROAD MANAGEMENT LIMITED→ 09027891 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 32 PANMURE ROAD LIMITED→ 11319502 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2015-10-02
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
2 Pontypool Place
London
SE1 8QF
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01
Officers (2 active · 0 resigned)
JOHNSON, Michael→
Activedirector · ~71y · appointed 2015-10-02
View their other companies + combined net worth →
NAGAN, Deborah Louise→
Activedirector · ~62y · appointed 2015-10-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | InterBay Interbay Funding Limited | A registered charge | 1 property | 10/03/2023 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 26/07/2017 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 18/07/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (31 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-31