2 FD LIMITED
🏛️Establishedactive
12499806 · ltd · incorporated 2020-03-05
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£2.92M
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 4.6y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~4.6 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
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 £2,915,581
Key financials
2 years extracted from filed iXBRL accountsCash
£6k
Net Worth
£2.9m
↑ 7.5% YoY
Current Assets
£141k
↓ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £3.76M | £3.55M |
| Current assets | £141.0k | £162.1k |
| Cash | £5.9k | — |
| Debtors | £135.1k | £162.1k |
| Net assets | £2.92M | £2.71M |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-18🔒Charge registered #3Lender: Bank of London and the Middle East PLC
- 2023-07-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-27🔒Charge registered #2Lender: Bank of Baroda (UK) Limited
- 2022-05-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-05-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-06📄capital-allotment-sharescapital · SH01
- 2022-05-05📄resolutionresolution · RESOLUTIONS
- 2021-11-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-11➕EGAN, James Steven appointeddirector
- 2021-10-11➕MENON, Vinod Arvindhan appointeddirector
- 2021-10-11➖BAILEY, Arran Lee resigneddirector
- 2021-10-11➖WHYTE, Charles Sonny resigneddirector
- 2021-10-11➖WHYTE, Harry Benedict resigneddirector
- 2021-10-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-11🔒Charge registered #1Lender: Bank of Baroda (UK) Limited
- 2021-02-01➕WHYTE, Charles Sonny appointeddirector
- 2020-03-05🏢Company incorporatedAs 2 FD LIMITED
- 2020-03-05➕BAILEY, Arran Lee appointeddirector
- 2020-03-05➕WHYTE, Harry Benedict appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
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.)
Group structure
Blg Vap Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Blg Vap Limited
Corporate parent · holds 75-100% shares · board control
⬇
2 FD LIMITED
This company · 12499806
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Blg Vap Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 11/10/2021 |
3 historic (ceased) PSCs
- Mr James Steven Eganceased 11/10/2021· significant influence
- Mr Harry Whyteceased 11/10/2021· 25-50% shares · 25-50% voting
- Arran Lee Baileyceased 11/10/2021· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| 1 FIX ELECTRICAL LTD→ 11657522 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 1NA (HOLLINGTON) LIMITED→ 14137099 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1ONES CONSTRUCTION LTD→ 13945219 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 3 CORE CONSTRUCTION LTD→ 14806339 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 3 SHIRES BUILDERS LTD→ 13919393 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 4 SMART PROPERTIES LTD→ 12980592 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 4AV LIMITED→ 15328755 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 6 STARS CLEANING SOLUTIONS LTD→ 14888790 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 60 EAST STREET LTD→ 16645640 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 888 INTERIOR FITOUT LIMITED→ 16790916 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 8BALL CONTRACTORS LIMITED→ 10824962 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 95DEVELOPMENTS LIMITED→ 11738759 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2020-03-05
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
Northgate House
North Gate
Nottingham
NG7 7BQ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-26
Last: 2025-10-12
Officers (2 active · 3 resigned)
EGAN, James Steven→
Activedirector · ~35y · appointed 2021-10-11
View their other companies + combined net worth →
MENON, Vinod Arvindhan→
Activedirector · ~56y · appointed 2021-10-11
View their other companies + combined net worth →
BAILEY, Arran Lee→
Resigneddirector · ~40y · appointed 2020-03-05 · resigned 2021-10-11
WHYTE, Charles Sonny→
Resigneddirector · ~32y · appointed 2021-02-01 · resigned 2021-10-11
WHYTE, Harry Benedict→
Resigneddirector · ~38y · appointed 2020-03-05 · resigned 2021-10-11
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bank of London and the Middle East Bank of London and the Middle East PLC | A registered charge | 1 property | 18/08/2023 | — | |
| outstanding | Bank of Baroda (UK) Bank of Baroda (UK) Limited | A registered charge | 2 properties | 27/09/2022 | — | |
| outstanding | Bank of Baroda (UK) Bank of Baroda (UK) Limited | A registered charge | 2 properties | 11/10/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (30 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-05-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-16
capital-allotment-shares
capital · SH01
2022-05-06
resolution
resolution · RESOLUTIONS
2022-05-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-02