2ND LAW LIMITED

💤Zombieactive
13981957 · ltd · incorporated 2022-03-16
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 Mar 2025
Net worth
£-1.3k
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 71122Engineering related scientific and technical consulting activities
  • 74209Other photographic activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: strategic trade sale (65/100).

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, 3 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
9 filings
60
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 declared
Negative net assets
Liabilities exceed assets by £1,295

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£1k
↓ 463% YoY
Current Assets
£1k
↓ 17% YoY
Current Liabilities
-£1k-£791-£287£217£721£1kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-1.3k£-230
Current assets£1.0k£1.2k
Net assets£-1.3k£-230

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-09-21
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  5. 2022-03-16
    🏢
    Company incorporated
    As 2ND LAW LIMITED
  6. 2022-03-16
    EVANS, Daniel William appointed
    director
  7. 2022-03-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Daniel William Evans
Individual · British · DOB 06/1993 · age 33
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/03/2022

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 · Technology · WA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
10UP LIMITED
13246739 · est 2021 · no financials extracted
5y
11BC LTD
15190923 · est 2023 · no financials extracted
2y
24 EXCHANGE UK LTD
11949137 · est 2019 · no financials extracted
7y
247 TELECOMMUNICATIONS LTD
15154041 · est 2023 · no financials extracted
2y
28 TV LIMITED
16763735 · est 2025 · no financials extracted
2DJ ICT SERVICES LIMITED
15294078 · est 2023 · no financials extracted
2y
360 TECH GROUP LTD
15542685 · est 2024 · no financials extracted
2y
365 UNLIMITED CONSULTANCY LIMITED
16525619 · est 2025 · no financials extracted
3D WEB TECHNOLOGIES LTD
03385122 · est 1997 · no financials extracted
28y
3THOUSAND LIMITED
06021230 · est 2006 · no financials extracted
19y
4OURBUSINESS LTD
10090270 · est 2016 · no financials extracted
10y
4TESTING LIMITED
15453070 · est 2024 · no financials extracted
2y
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
Incorporated2022-03-16
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

38 St. Bedes View
Widnes
WA8 7FL
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-29
Last: 2026-03-15

Officers (1 active · 0 resigned)

EVANS, Daniel William
director · ~33y · appointed 2022-03-16
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-dormant
accounts · AA
2024-03-15
certificate-change-of-name-company
change-of-name · CERTNM
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-29
incorporation-company
incorporation · NEWINC
2022-03-16