2-SWITCH LTD
💤Zombieactive
11218703 · ltd · incorporated 2018-02-21
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£75.9k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 76/100 (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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £75,914
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£76k
↑ 85% YoY
Current Assets
£273k
↓ 41% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £555.2k | £63.8k |
| Current assets | £273.2k | £459.4k |
| Cash | — | £33.7k |
| Debtors | — | £425.7k |
| Net assets | £75.9k | £41.0k |
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
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-12-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-13📄change-person-director-company-with-change-dateofficers · CH01
- 2021-01-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-01-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-01-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-01-17➕SIMONS, Vernon appointeddirector
- 2020-01-17➖SIMONS, Anne resigneddirector
- 2020-01-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-01-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-01-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-11-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-02-21🏢Company incorporatedAs 2-SWITCH LTD
- 2018-02-21➕SIMONS, Anne appointeddirector
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Vernon Simons Individual · English · DOB 05/1963 · age 63 | 75–100% | — | 75-100% shares | 17/01/2020 |
1 historic (ceased) PSC
- Mrs Anne Simonsceased 17/01/2020· 75-100% shares · 75-100% voting · board control
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 · Professional services · CM postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 123 FS LIMITED→ 10672557 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 180 ILDERTON ROAD LIMITED→ 10186633 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 19 VENTURES LTD→ 16648718 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3 CIRCLES MANAGEMENT LTD→ 16277399 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 31 DECEMBER CONSULTING PRIVATE LIMITED→ 11466880 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3109 CONSULTING LTD→ 13897723 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 360 CERTIFICATION LTD→ 11832782 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 3D INSIGHT BIM LTD→ 12457190 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 3MR ENTERPRISE LTD→ 16368851 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 3PLEA LTD→ 13821469 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 4WALL ENTERTAINMENT UK LIMITED→ 05595504 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 5284 GROUP LIMITED→ 17045229 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2018-02-21
Jurisdictionengland-wales
Primary SIC70229 — Management consultancy activities other than financial management
Registered office
Cold Hall Farm
Shalford Road
Braintree
Essex
CM7 5AS
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (1 active · 1 resigned)
SIMONS, Vernon→
Activedirector · ~63y · appointed 2020-01-17
View their other companies + combined net worth →
SIMONS, Anne→
Resigneddirector · ~58y · appointed 2018-02-21 · resigned 2020-01-17
Click a director name to see their full track record across all companies.
Recent filings (29 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-13
change-person-director-company-with-change-date
officers · CH01
2021-01-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-24