2GETHER LTD

🚨Distressedactive
14154498 · ltd · incorporated 2022-06-07
Investment thesis
Distressed but structurally messy — likely a value trap without major surgery.
Why interesting: Headline may look cheap; sector may be recovering.
Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
£-20.9k
book net assets
Opportunity
60/100
Worth a look
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 50/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (76/100)

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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £20,919
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£21k
↓ 8.0% YoY
Current Assets
£370
↓ 52% YoY
Current Liabilities
-£21k-£17k-£12k-£8k-£4k£763Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£370£763
Current assets£370£763
Net assets£-20.9k£-19.4k

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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-06-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-01-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-06-07
    🏢
    Company incorporated
    As 2GETHER LTD
  5. 2022-06-07
    SZABO, Jozsef appointed
    director
  6. 2022-06-07
    SZENTE, Judit appointed
    director
  7. 2022-06-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some 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 signal

Limited 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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jozsef Szabo
Individual · Hungarian · DOB 02/1980 · age 46
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/06/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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.

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Company details

Statusactive
Typeltd
Incorporated2022-06-07
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

F04 1st Floor Knightrider House
Knightrider Street
Maidstone
Kent
ME15 6LU
United Kingdom

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-05-30
Last: 2025-05-16

Officers (2 active · 0 resigned)

SZABO, Jozsef
director · ~46y · appointed 2022-06-07
View their other companies + combined net worth →
Active
SZENTE, Judit
director · ~47y · appointed 2022-06-07
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

gazette-notice-compulsory
gazette · GAZ1
2026-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-01
incorporation-company
incorporation · NEWINC
2022-06-07