2FUSE LTD
💤Zombieactive
09830080 · ltd · incorporated 2015-10-19
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 Oct 2024
Net worth
£-19.2k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 75/100. 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: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £19,191
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£19k
↑ 22% YoY
Current Assets
£23k
↓ 45% YoY
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 |
|---|---|---|
| Total assets | £14.5k | £15.1k |
| Current assets | £22.8k | £41.6k |
| Net assets | £-19.2k | £-24.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (20 events)Click to expand
- 2025-09-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-09-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-09-23➖SHIROKANSKA, Stefka Manusheva resigneddirector
- 2019-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-07-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-04-07➖SHIROKANSKA, Stefka Manusheva resigneddirector
- 2016-04-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-04-06➕SHIROKANSKA, Stefka Manusheva appointeddirector
- 2016-04-05➕SHIROKANSKA, Stefka Manusheva appointeddirector
- 2015-10-19🏢Company incorporatedAs 2FUSE LTD
- 2015-10-19➕SHIROKANSKI, Yuliyan Verginov appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Yuliyan Verginov Shirokanski Individual · Bulgarian · DOB 07/1974 · age 52 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 23/09/2019 |
1 historic (ceased) PSC
- Mrs Stefka Manusheva Shirokanskaceased 23/09/2019· 25-50% shares · 25-50% voting · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · KT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 BARR PLUMBING & HEATING LTD→ 11716578 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 100 GLOBAL RESOURCES LTD→ 15222870 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 17 BUCKINGHAM GATE CONSTRUCTION LIMITED→ 13042932 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 18-19 BUCKINGHAM GATE CONSTRUCTION LIMITED→ 13042946 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 197 SANDY LANE LIMITED→ 16299199 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 19SIXTY7 LONDON LTD→ 09946392 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 1ST ROOFING SPECIALISTS LIMITED→ 05762096 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 1ST-SURFACE LIMITED→ 03503887 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| 2 BREATHE CREATIVE LIMITED→ 06876946 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| 247 ELECTRICALS AND PLUMBING LTD→ 12602309 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 2BREATHE @HOME LIMITED→ 10992782 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 3-SPACE (UK) LIMITED→ 08548431 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2015-10-19
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation
Registered office
6 Sparrow Farm Road
Epsom
Surrey
KT17 2JL
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-26
Last: 2025-08-12
Officers (1 active · 2 resigned)
SHIROKANSKI, Yuliyan Verginov→
Activedirector · ~52y · appointed 2015-10-19
View their other companies + combined net worth →
SHIROKANSKA, Stefka Manusheva→
Resigneddirector · ~75y · appointed 2016-04-06 · resigned 2019-09-23
SHIROKANSKA, Stefka Manusheva→
Resigneddirector · ~78y · appointed 2016-04-05 · resigned 2016-04-07
Click a director name to see their full track record across all companies.
Recent filings (30 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-25
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2019-09-25