2 FRIENDS PUB COMPANY LTD
🌿Early-stageactive
13463321 · ltd · incorporated 2021-06-17
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£69.6k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 70/100. 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 (82/100)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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
16 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
60
Adequate — check latest filings for context.
Acquirability
75
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 · FRS 102Positive net assets
Net assets £69,611
Key financials
2 years extracted from filed iXBRL accountsCash
£128k
Net Worth
£70k
↑ 44% YoY
Current Assets
£130k
↑ 58% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £69.6k | £48.2k |
| Current assets | £130.3k | £82.5k |
| Cash | £128.2k | — |
| Debtors | — | £79.2k |
| Net assets | £69.6k | £48.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2026-03-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-06-18📄change-person-director-company-with-change-dateofficers · CH01
- 2021-06-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-06-17🏢Company incorporatedAs 2 FRIENDS PUB COMPANY LTD
- 2021-06-17➕KHAREL, Bikram appointeddirector
- 2021-06-17➕TIWANA, Sukjaben Singh appointeddirector
- 2021-06-17📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial 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 62 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- 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.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Bikram Kharel Individual · British · DOB 11/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/06/2021 |
Mr Sukjaben Singh Tiwana Individual · British · DOB 02/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/06/2021 |
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 · 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 | — | — |
| 3 IN 1 BURGER LTD→ 14141663 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 33 DEGREES SOUTH LTD→ 17054538 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3BOYSSPICE LTD→ 15888874 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 5 STARR FLAVA LTD→ 15251317 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 511 FOODS LTD→ 12770608 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 52 GAS STREET LTD→ 09291263 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 567 LTD→ 16200966 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 5DBH LTD→ 12308021 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 6DBL LTD→ 13559724 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 7 BAI CHOTPOTI LTD→ 16112353 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 7AG FRANCHISE GROUP LTD→ 16630931 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2021-06-17
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars
Registered office
Club 99 173 Tatbank Road
Oldbury
B69 4NH
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-02
Last: 2025-06-18
Officers (2 active · 0 resigned)
KHAREL, Bikram→
Activedirector · ~45y · appointed 2021-06-17
View their other companies + combined net worth →
TIWANA, Sukjaben Singh→
Activedirector · ~62y · appointed 2021-06-17
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (16 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-18
change-person-director-company-with-change-date
officers · CH01
2021-06-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-06-18