2-3 DEGREES LTD
🏛️Establishedactive
10532121 · ltd · incorporated 2016-12-19
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 Dec 2024
Net worth
£-408.9k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Cultural education
Sector: Education
ALSO REGISTERED FOR
- 85600Educational support services
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
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
3 connected companies via shared directors
54
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
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 · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £408,866
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£409k
↓ 129% YoY
Current Assets
£59k
↑ 160% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-112.0k | £-156.4k |
| Current assets | £59.3k | £22.8k |
| Net assets | £-408.9k | £-178.4k |
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
1
filing
- • 1 address
Last 180 days
1
filing
- • 1 address
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-03-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-09-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-24📄resolutionresolution · RESOLUTIONS
- 2024-05-24📄memorandum-articlesincorporation · MA
- 2024-05-22📄statement-of-companys-objectschange-of-constitution · CC04
- 2023-09-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-14📄memorandum-articlesincorporation · MA
- 2023-01-08📄resolutionresolution · RESOLUTIONS
- 2022-12-23📄capital-allotment-sharescapital · SH01
- 2022-12-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-19🏢Company incorporatedAs 2-3 DEGREES LTD
- 2016-12-19➕KONADU, Carl Kwabena Antwi appointeddirector
- 2016-12-19➕MINOTT, Azzees Dee appointeddirector
Owner dependency
63/100
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.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited 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
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 |
|---|---|---|---|---|
Mr Carl Kwabena Antwi Konadu Individual · British · DOB 04/1992 · age 34 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 19/12/2016 |
Ms Azzees Dee Minott Individual · British · DOB 05/1992 · age 34 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 19/12/2016 |
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 · Education & training · W postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 100DAYSOFNOCODE LTD→ 12763351 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1987 COMMITTEE LTD→ 16555138 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3DOM EDUCATION LTD→ 15133385 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 54 AFRICAN DRIVES IMPACT CIC→ 16947794 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A786EDUCATION LTD→ 11774266 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AARYA EDUCATION SERVICES LIMITED→ 13861061 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ABACUS ARK HOLDINGS LTD→ 15816598 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABLE TUTORS LTD→ 15105704 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABM FINTECH TECHNOLOGY UK LTD→ 13588218 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABS BRIDGE LTD→ 12163543 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABSOLUTE PRESENTATIONS LTD→ 11384896 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABSOLUTE RETURN FOR KIDS (ARK)→ 04589451 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2016-12-19
Jurisdictionengland-wales
Primary SIC85520 — Cultural education
Registered office
2 Stephen Street
London
W1T 1AN
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-19
Last: 2025-11-05
Officers (2 active · 0 resigned)
KONADU, Carl Kwabena Antwi→
Activedirector · ~34y · appointed 2016-12-19
View their other companies + combined net worth →
MINOTT, Azzees Dee→
Activedirector · ~34y · appointed 2016-12-19
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (29 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-19
resolution
resolution · RESOLUTIONS
2024-05-24
memorandum-articles
incorporation · MA
2024-05-24
statement-of-companys-objects
change-of-constitution · CC04
2024-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-15
memorandum-articles
incorporation · MA
2023-01-14
resolution
resolution · RESOLUTIONS
2023-01-08
capital-allotment-shares
capital · SH01
2022-12-23