2ND TERM LTD
Opportunity 66/100 (strong), 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 (53/100).
Data confidence
Overall: medium (73/100)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.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 |
|---|---|
| Average employees | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 gazette
- • 1 accounts
- • 2 gazette
- • 1 accounts
- • 1 dissolution
Corporate timeline (16 events)Click to expand
- 2026-03-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-03-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-21📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-12-09📄gazette-notice-compulsorygazette · GAZ1
- 2025-03-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-19📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-02-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-02-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-09📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2023-08-29📄gazette-notice-compulsorygazette · GAZ1
- 2022-06-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-27🏢Company incorporatedAs 2ND TERM LTD
- 2019-06-27➕UPPAL, Kulvinder Singh appointeddirector
- 2019-06-27📄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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-28
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kulvinder Singh Uppal Individual · British · DOB 05/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/06/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Hospitality · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2 BROTHERS DINNING LTD→ 14164218 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 2 FRIENDS PUB COMPANY LTD→ 13463321 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 2ND CITY HOMES LTD→ 15906514 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2YARDLEY LTD→ 10442169 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 3 IN 1 BURGER LTD→ 14141663 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 33 DEGREES SOUTH LTD→ 17054538 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 360 KGR LTD→ 15876001 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3BOYSSPICE LTD→ 15888874 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3NEWSTART LIMITED→ 15648684 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 4UK FRIED CHICKENS LTD→ 17041576 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 4W RENTALS LTD→ 17068973 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 5 NORTHFIELD LTD→ 07465706 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
9 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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