22 DEGREES HEATING LIMITED
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (71/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £82.9k | £12.9k |
| Current assets | £189.8k | £105.3k |
| Net assets | £18.0k | £1.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (14 events)Click to expand
- 2025-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-12-28📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2017-12-27📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2017-12-11🏢Company incorporatedAs 22 DEGREES HEATING LIMITED
- 2017-12-11➕CUNNINGHAM, Stephen appointeddirector
- 2017-12-11📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanRadial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| 2R ESTATES LTD→ 16251169 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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| A & C GRAY DEVELOPMENTS LTD→ 07137086 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| A CHARLTON CONSTRUCTION LTD→ 13966294 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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| A1 SCAFFOLD LTD→ 11093691 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AAAR INVESTMENTS LTD→ 14837888 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AARDVARK HOMES LIMITED→ 06267409 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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| AB MORGAN CONSTRUCTION LTD→ 11845744 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ABBOTT ROBERTS (WICKHAMBREAUX) LIMITED→ 11627681 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
7 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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
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