2 EXP FINANCIAL SERVICES LIMITED

🚨Distressedactive
10235420 · ltd · incorporated 2016-06-16
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 Jun 2024
Net worth
£-103.4k
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: Other activities auxiliary to insurance and pension funding
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 55/100. 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).

Data confidence

Overall: medium (79/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £103,410

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£103k
↑ 7.9% YoY
Current Assets
Current Liabilities
-£112k-£89k-£66k-£43k-£20k£4kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£-15.8k£-17.4k
Cash£3.6k
Net assets£-103.4k£-112.3k

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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
2
filings
  • 1 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-05-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-11-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-06-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2025-05-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-08-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-06-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  11. 2022-05-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2021-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-04-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2016-06-16
    🏢
    Company incorporated
    As 2 EXP FINANCIAL SERVICES LIMITED
  18. 2016-06-16
    EMANUEL, Philip David appointed
    director

Owner dependency

95/100
Critical — business is the founder

The 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.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Philip David Emanuel
Individual · British · DOB 12/1961 · age 65
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/06/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2016-06-16
Jurisdictionwales
Primary SIC66290 — Other activities auxiliary to insurance and pension funding

Registered office

41 Sunningdale
Caerphilly
Mid Glamorgan
CF83 1BB

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-29
Last: 2025-06-15

Officers (1 active · 0 resigned)

EMANUEL, Philip David
director · ~65y · appointed 2016-06-16
View their other companies + combined net worth →
Active

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

Recent filings (26 total)

gazette-notice-compulsory
gazette · GAZ1
2026-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-08
gazette-filings-brought-up-to-date
gazette · DISS40
2025-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-29
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-06-11
gazette-notice-compulsory
gazette · GAZ1
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-16
gazette-filings-brought-up-to-date
gazette · DISS40
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-04
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-06-11
gazette-notice-compulsory
gazette · GAZ1
2022-05-31