2ND CHANCE ITEMS LTD

🏛️Establishedactive

12078343 · ltd · incorporated 2019-07-01

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 Jul 2025

Net worth

£2

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: SIC 33140

Sector: Manufacturing

ALSO REGISTERED FOR

46510Wholesale of computers, computer peripheral equipment and software

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (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: 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, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

14 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£2

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-07-31	2024-07-31
Total assets	£2	£2
Current assets	—	£0
Net assets	£2	£2

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filing

• 1 address

Last 90 days

filing

• 1 address

Last 180 days

filing

• 1 address

Counts from Companies House filing history.

Corporate timeline (11 events)Click to expand

2026-05-19
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-01
🏢
Company incorporated
As 2ND CHANCE ITEMS LTD
2019-07-01
➕
EVANS, Sam David appointed
director
2019-07-01
➕
FIELD, Christopher Francis appointed
director
2019-07-01
📄
incorporation-company
incorporation · NEWINC

Owner dependency

71/100

High — earn-out structure required

Material 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.
+Senior director age: Director aged approximately 61 — 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

46/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean

No 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 Sam David Evans Individual · British · DOB 06/1988 · age 38	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	01/07/2019
Mr Christopher Francis Field Individual · British · DOB 10/1965 · age 61	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	01/07/2019

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.

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Similar companies

Active · Manufacturing · KT postcode area

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57 DEGREES LIGHT LTD→ 10670770 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
A K L PLANT SERVICES LIMITED→ 05366542 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
ABC FASHION HOUSE LIMITED→ 15957209 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ADAPTED TRENDS LTD→ 15449513 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ADG DL LIMITED→ 16661001 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ADVANTAGE CONCRETE COMPANY LTD→ 05955656 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
AETHER LIGHTING LIMITED→ 06581027 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
AIDIPAT LIMITED→ 14374905 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
AIR POWER GROUP LTD→ 16271254 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AIR POWER SOLUTIONS LTD→ 15325041 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
AIR PRODUCTS EQUIPMENT LIMITED→ 12992685 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AIR PRODUCTS LLANWERN LIMITED→ 01175461 · est 1974 · no financials extracted	—	—	—	—	51y	—	—

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.

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🔒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.

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Company details

Statusactive

Typeltd

Incorporated2019-07-01

Jurisdictionengland-wales

Primary SIC33140 — SIC 33140

Registered office

Unit 1 Lyne Mushroom Farm Longcross Road

Longcross

Chertsey

KT16 0DH

England

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-07-14

Last: 2025-06-30

Officers (2 active · 0 resigned)

EVANS, Sam David→

director · ~38y · appointed 2019-07-01

View their other companies + combined net worth →

Active

FIELD, Christopher Francis→

director · ~61y · appointed 2019-07-01

View their other companies + combined net worth →

Active

Click a director name to see their full track record across all companies.

Recent filings (14 total)

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-05-19

accounts-with-accounts-type-micro-entity

accounts · AA

2025-10-31