11.11 INVESTCO 2 LIMITED

💤Zombieactive
14238912 · ltd · incorporated 2022-07-18
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
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Turnover
year to Jul 2024
Net worth
£160.5k
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 3.0y

0/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 3.0 years old — likely still in initial term.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
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
10 connected companies via shared directors
75
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £160,457

Key financials

1 year extracted from filed iXBRL accounts
Cash
£278
Net Worth
£160k
Current Assets
£233k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-31
Total assets£160.5k
Current assets£233.1k
Cash£278
Debtors£232.8k
Net assets£160.5k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-07-28
    🔒
    Charge registered #5
    Lender: Frr Investments Limited
  4. 2025-07-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2024-10-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-08-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-08-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-07-29
    🔒
    Charge registered #4
    Lender: Ms Lending Spv 1 Limited
  9. 2024-07-29
    🔒
    Charge registered #3
    Lender: Ms Lending Spv 1 Limited
  10. 2024-07-18
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2023-11-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2023-10-18
    THOMAS, Paula Jayne resigned
    director
  13. 2023-07-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-07-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2023-06-05
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  16. 2023-05-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2023-05-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2023-05-18
    🔒
    Charge registered #2
    Lender: Abbital Limited
  19. 2023-05-18
    🔒
    Charge registered #1
    Lender: Abbital Limited
  20. 2023-03-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2023-03-16
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  22. 2023-03-15
    THOMAS, Paula Jayne appointed
    director
  23. 2022-07-18
    🏢
    Company incorporated
    As 11.11 INVESTCO 2 LIMITED
  24. 2022-07-18
    MANN, Mark Gerard appointed
    director
  25. 2022-07-18
    📄
    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

1 low
5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Built On Good Vibes Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Built On Good Vibes Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
11.11 INVESTCO 2 LIMITED
This company · 14238912

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Built On Good Vibes Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control27/06/2023
1 historic (ceased) PSC
  • Mr Mark Gerard Mannceased 27/06/2023· 75-100% shares · 75-100% voting · board control

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2022-07-18
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Reedham House
31 King Street West
Manchester
Greater Manchester
M3 2PJ
England

Filing status

Accounts
Next due: 2026-07-29
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (1 active · 1 resigned)

MANN, Mark Gerard
director · ~51y · appointed 2022-07-18
View their other companies + combined net worth →
Active
THOMAS, Paula Jayne
director · ~60y · appointed 2023-03-15 · resigned 2023-10-18
Resigned

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

Mortgages & charges

5
Total charges
5
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Frr Investments
Frr Investments Limited
A registered charge1 property28/07/2025
outstanding
Ms Lending Spv 1
Ms Lending Spv 1 Limited
A registered charge1 property29/07/2024
outstanding
Ms Lending Spv 1
Ms Lending Spv 1 Limited
A registered charge2 properties29/07/2024
outstanding
Abbital
Abbital Limited
A registered charge1 property18/05/2023
outstanding
Abbital
Abbital Limited
A registered charge1 property18/05/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (20 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-04
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-01
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
termination-director-company-with-name-termination-date
officers · TM01
2023-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-07-04
second-filing-of-director-appointment-with-name
officers · RP04AP01
2023-06-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-30