20-SIX LIMITED

🏛️Establishedactive
10284412 · ltd · incorporated 2016-07-18
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£1.2k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 56102Unlicenced restaurants and cafes
Investor take
Special-situation opportunity
Distressed retail with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), 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: share sale to pe / searcher (38/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
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
2 connected companies via shared directors
51
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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
Positive net assets
Net assets £1,185
Net assets shrinking
Down £4,004 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1k
↓ 77% YoY
Current Assets
£10k
↑ 7.8% YoY
Current Liabilities
£0£2k£4k£6k£8k£10kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£1.9k£6.2k
Current assets£10.0k£9.3k
Net assets£1.2k£5.2k

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
  1. 2025-10-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-10-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-07-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-07-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-10-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2022-10-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-10-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2021-10-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2021-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-04-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-04-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2016-07-18
    🏢
    Company incorporated
    As 20-SIX LIMITED
  19. 2016-07-18
    WILSON, Mark Christopher appointed
    director
  20. 2016-07-18
    WILSON, Rebecca appointed
    director

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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: 2026-04-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Rebecca Wilson
Individual · British · DOB 05/1979 · age 47
2550%
25–50%board control25-50% shares · 25-50% voting · board control18/07/2016
Mr Mark Christopher Wilson
Individual · British · DOB 11/1970 · age 56
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence18/07/2016

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

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
Incorporated2016-07-18
Jurisdictionengland-wales
Primary SIC47240 — Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Registered office

16 Clementine Drive
Mapperley
Nottingham
NG3 5UX
England

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-31
Last: 2025-07-17

Officers (2 active · 0 resigned)

WILSON, Mark Christopher
director · ~56y · appointed 2016-07-18
View their other companies + combined net worth →
Active
WILSON, Rebecca
director · ~47y · appointed 2016-07-18
View their other companies + combined net worth →
Active

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

Recent filings (27 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-08
gazette-notice-compulsory
gazette · GAZ1
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-21
gazette-filings-brought-up-to-date
gazette · DISS40
2023-07-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-24
gazette-notice-compulsory
gazette · GAZ1
2023-07-04
gazette-filings-brought-up-to-date
gazette · DISS40
2022-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-16
gazette-notice-compulsory
gazette · GAZ1
2022-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31
gazette-filings-brought-up-to-date
gazette · DISS40
2021-10-14