2ND CITY FINANCE LTD
Opportunity 72/100 (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: strategic trade sale (65/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 300 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (15 events)Click to expand
- 2025-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-26📄change-person-director-company-with-change-dateofficers · CH01
- 2021-01-20➖SHELLEY, Jason Samuel resigneddirector
- 2021-01-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-01-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-02🏢Company incorporatedAs 2ND CITY FINANCE LTD
- 2020-12-02➕EDMUNDS, Michael Daniel appointeddirector
- 2020-12-02➕SHELLEY, Jason Samuel appointeddirector
- 2020-12-02📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Daniel Edmunds Individual · British · DOB 08/1987 · age 39 | 75–100% | — | 75-100% shares | 02/12/2020 |
1 historic (ceased) PSC
- Mr Jason Samuel Shelleyceased 20/01/2021· 25-50% shares
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 · Financial services · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A S R FINANCIAL LIMITED→ 14663101 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ARMCHAIR ADVISER LTD→ 15852316 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BARRINGTON SECURITY ELITE LTD→ 16294621 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BLACK MANOR LIMITED→ 07670717 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BOSS RISK SOLUTIONS LTD→ 13214543 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BRYN CAPITAL LIMITED→ 15750168 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CAMELLI FINANCIAL PLANNING LTD→ 13904223 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CAMPBELLS INSURANCE CONSULTANTS LIMITED→ 01552025 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| CC WEALTH LIMITED→ 06146694 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| CDB FINANCE LIMITED→ 08933252 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| CENTRAL ENGLAND CO-OP PENSION TRUSTEE LIMITED→ 08976068 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| CHATSWORTH WEALTH MANAGEMENT LIMITED→ 11494086 · 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 · 1 resigned)
Click a director name to see their full track record across all companies.