2 MAN HOME DELIVERY LIMITED
🚨Distressedactive
09984684 · ltd · incorporated 2016-02-03
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2024
Net worth
£-957.8k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
ALSO REGISTERED FOR
- 52103SIC 52103
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 69/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
1 live charge · oldest 7.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £957,763
Cash YoY
+153%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£19k
↑ 153% YoY
Net Worth
-£958k
↓ 31% YoY
Current Assets
£2.4m
↑ 8.9% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-02-24 | 2023-02-28 |
|---|---|---|
| Total assets | £-956.3k | £-730.4k |
| Current assets | £2.36M | £2.17M |
| Cash | £18.8k | £7.4k |
| Debtors | £2.34M | £2.16M |
| Net assets | £-957.8k | £-730.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
2
filings
- • 1 dissolution
- • 1 gazette
Last 90 days
2
filings
- • 1 dissolution
- • 1 gazette
Last 180 days
3
filings
- • 1 dissolution
- • 1 gazette
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-04-21📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2026-04-21📄gazette-notice-compulsorygazette · GAZ1
- 2025-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-11-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-04-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-05-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-05-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-26📄gazette-notice-compulsorygazette · GAZ1
- 2021-11-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-11-02➕SRAI, Kalbinder Singh appointeddirector
- 2020-11-02➖DHALIWAL, Jagdip Singh resigneddirector
- 2020-11-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-11-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-11-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-10-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-10-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-27🔒Charge registered #1Lender: Bibby Financial Services LTD
- 2018-10-18➕DHALIWAL, Jagdip Singh appointeddirector
- 2018-10-18➖SRAI, Kalbinder Singh resigneddirector
- 2017-11-30➕SRAI, Kalbinder Singh appointeddirector
- 2017-11-30➖2MD EMPOWERED LOGISTICS LIMITED resignedcorporate-director
- 2017-01-11➖DEOL, Gurminder Singh resigneddirector
- 2017-01-11➕2MD EMPOWERED LOGISTICS LIMITED appointedcorporate-director
- 2016-02-03🏢Company incorporatedAs 2 MAN HOME DELIVERY LIMITED
- 2016-02-03➕DEOL, Gurminder Singh appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-02-24
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kalbinder Singh Srai Individual · British · DOB 05/1965 · age 61 | 75–100% | — | 75-100% shares | 02/11/2020 |
2 historic (ceased) PSCs
- Mr Jagdip Singh Dhaliwalceased 02/11/2020· 75-100% shares
- Mr Dal Singhceased 30/11/2017· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Transport & logistics · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 02077870 LIMITED→ 02077870 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| 2 BROTHERS TRANSPORT LTD→ 16068237 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2 FAST 2 COURIERS LTD→ 15786712 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2 FELLAS LTD→ 16334279 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 22G TRANSPORT U.K. LTD→ 16279226 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 24 UK TRANSPORT LTD→ 16307300 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 24-7 RECOVERY & STORAGE LTD→ 16241142 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 24/7 HAULAGE WM LTD→ 15401226 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 24/7 VAN MAN BIRMINGHAM LTD→ 16499853 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24/7 WMAC LIMITED→ 15819235 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 247 CARZ BIRMINGHAM LTD→ 11265790 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 247 RECOVERYS LTD→ 16846347 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2016-02-03
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road
Registered office
Office 1 Izabella House
24-26 Regent Place
Birmingham
B1 3NJ
England
Filing status
Accounts
Next due: 2026-02-24OVERDUE
Last made up to: 2024-02-24
Confirmation statement
Next due: 2026-11-16
Last: 2025-11-02
Officers (1 active · 4 resigned)
SRAI, Kalbinder Singh→
Activedirector · ~61y · appointed 2020-11-02
View their other companies + combined net worth →
DEOL, Gurminder Singh→
Resigneddirector · ~38y · appointed 2016-02-03 · resigned 2017-01-11
DHALIWAL, Jagdip Singh→
Resigneddirector · ~57y · appointed 2018-10-18 · resigned 2020-11-02
SRAI, Kalbinder Singh→
Resigneddirector · ~61y · appointed 2017-11-30 · resigned 2018-10-18
2MD EMPOWERED LOGISTICS LIMITED→
Resignedcorporate-director · appointed 2017-01-11 · resigned 2017-11-30
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bibby Financial Services Bibby Financial Services LTD | A registered charge | 4 properties | 27/12/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-04-21
gazette-notice-compulsory
gazette · GAZ1
2026-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-24
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-02-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-11-25
gazette-filings-brought-up-to-date
gazette · DISS40
2022-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-05
gazette-notice-compulsory
gazette · GAZ1
2022-04-26