2GETHER BATHROOMS LTD
💤Zombieactive
13588629 · ltd · incorporated 2021-08-26
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£4.4k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other construction installation
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. 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: share sale to pe / searcher (58/100).
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, 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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £4,400
Net assets shrinking
Down £9,251 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£4k
↓ 68% YoY
Current Assets
£2k
↑ 8.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £5.2k | £851 |
| Current assets | £2.5k | £2.3k |
| Net assets | £4.4k | £13.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2025-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-29➖MORRISON, Sara Juliet resigneddirector
- 2024-10-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-08-26🏢Company incorporatedAs 2GETHER BATHROOMS LTD
- 2021-08-26➕WRAY, Martin appointeddirector
- 2021-08-26➕MORRISON, Sara Juliet appointeddirector
- 2021-08-26📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Martin Wray Individual · British · DOB 06/1977 · age 49 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/08/2021 |
1 historic (ceased) PSC
- Mrs Sara Juliet Morrisonceased 01/08/2025· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · DN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 12 STARS PROPERTIES LTD→ 15641632 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 123KITCHENS LIMITED→ 14873245 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1ST ESTATES LTD→ 10642545 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 1ST PREMIER DAMP PROOFING LTD→ 13589287 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 24 NETWORKS & SECURITY LTD→ 13117380 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 24/7 SHUTTERS AND REPAIRS LTD→ 16514782 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2A MILNER STREET LIMITED→ 10640197 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 2JD LTD→ 15089632 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3 SIXTY ROOFING LTD→ 15978283 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 32 LORD STREET GAINSBOROUGH LTD→ 16744849 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3E ENERGY LTD→ 15064644 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3E ENERGY PROJECT 3 LTD→ 16399062 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2021-08-26
Jurisdictionengland-wales
Primary SIC43290 — Other construction installation
Registered office
24 George Street
Gainsborough
DN21 2PU
England
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-08
Last: 2025-08-25
Officers (1 active · 1 resigned)
WRAY, Martin→
Activedirector · ~49y · appointed 2021-08-26
View their other companies + combined net worth →
MORRISON, Sara Juliet→
Resigneddirector · ~61y · appointed 2021-08-26 · resigned 2024-10-29
Click a director name to see their full track record across all companies.
Recent filings (13 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-28
termination-director-company-with-name-termination-date
officers · TM01
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-16
incorporation-company
incorporation · NEWINC
2021-08-26