2 UP 2 DOWN COMMERCIAL LIMITED
🏛️Establishedactive
11032534 · ltd · incorporated 2017-10-26
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
£70.1k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 8.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
5 charges (5/5 with lender, 5/5 with type)
90
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
7 connected companies via shared directors
66
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
74/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £70,090
Very low cash
Cash position: £1
Key financials
2 years extracted from filed iXBRL accountsCash
£1
Net Worth
£70k
Current Assets
£30k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £254.2k | — |
| Current assets | £30.2k | — |
| Cash | £1 | — |
| Debtors | £30.2k | — |
| Net assets | £70.1k | — |
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
4
filings
- • 2 persons-with-significant-control
- • 1 address
- • 1 officers
Last 90 days
4
filings
- • 2 persons-with-significant-control
- • 1 address
- • 1 officers
Last 180 days
9
filings
- • 4 persons-with-significant-control
- • 3 officers
- • 1 address
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-05-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-05-08📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-05-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-30📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-30📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-01📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2025-09-01📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2025-09-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-09🔒Charge registered #5Lender: Hampshire Trust Bank PLC
- 2024-10-09🔒Charge registered #4Lender: Hampshire Trust Bank PLC
- 2024-03-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-14📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-14🔓Charge satisfied #1
- 2021-12-23🔒Charge registered #3Lender: Redwood Bank Limited
- 2021-12-23🔒Charge registered #2Lender: Redwood Bank Limited
- 2021-11-04➕LLOYD, Leanne appointeddirector
- 2018-03-15🔒Charge registered #1Lender: Shawbrook Bank Limited
- 2017-10-26🏢Company incorporatedAs 2 UP 2 DOWN COMMERCIAL LIMITED
- 2017-10-26➕MURRAY-SLATER, Ryan Patrick John 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ryan Patrick John Murray-Slater Individual · British · DOB 06/1987 · age 39 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/10/2017 |
Miss Leanne Lloyd Individual · British · DOB 03/1990 · age 36 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/11/2021 |
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 · Property · DE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 002 HARDY LIMITED→ 13381739 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1 WAY PROPERTY SOLUTIONS LTD→ 17019572 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 10X LTD→ 12141049 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 12 WILTON ROAD LIMITED→ 16867125 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 13-19 THE CLOSE (MATLOCK) MANAGEMENT COMPANY LIMITED→ 09558339 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 13TEN PROPERTIES LTD→ 16333612 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 16 WHITEHALL LTD→ 10394756 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 17 & 19 PADSTOW LIMITED→ 12984861 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1AB PROPERTIES LTD→ 14707934 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 1ONES PROPERTY LTD→ 15373437 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2019 ONE GROUP LTD→ 12240609 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 21 PROPERTY LIMITED→ 13906707 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2017-10-26
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
C/O Taxstack Accountants
2 Burghley Way
Derby
Derbyshire
DE23 4TD
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25
Officers (2 active · 0 resigned)
LLOYD, Leanne→
Activedirector · ~36y · appointed 2021-11-04
View their other companies + combined net worth →
MURRAY-SLATER, Ryan Patrick John→
Activedirector · ~39y · appointed 2017-10-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | — | 09/10/2024 | — | |
| outstanding | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | 1 property | 09/10/2024 | — | |
| outstanding | Redwood Bank Redwood Bank Limited | A registered charge | 1 property | 23/12/2021 | — | |
| outstanding | Redwood Bank Redwood Bank Limited | A registered charge | 1 property | 23/12/2021 | — | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 15/03/2018 | 14/02/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (49 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-08
change-person-director-company-with-change-date
officers · CH01
2026-05-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-30
change-person-director-company-with-change-date
officers · CH01
2025-12-30
change-person-director-company-with-change-date
officers · CH01
2025-12-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-02
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-09-01
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2025-09-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-25