2 BROTHERS FOODS LTD

💤Zombieactive
14487096 · ltd · incorporated 2022-11-15
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 Nov 2024
Net worth
£-40.1k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

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 (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
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £40,052
Net assets shrinking
Down £62,595 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£40k
↓ 278% YoY
Current Assets
£2k
↓ 13% YoY
Current Liabilities
-£40k-£28k-£15k-£2k£10k£23kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-11-302023-11-30
Total assets£-40.1k£22.5k
Current assets£2.0k£2.3k
Net assets£-40.1k£22.5k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-09-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-08-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-08-21
    SAIF, Saba appointed
    director
  6. 2024-08-21
    SAIF, Sarah resigned
    director
  7. 2024-03-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-11-15
    🏢
    Company incorporated
    As 2 BROTHERS FOODS LTD
  9. 2022-11-15
    SAIF, Sarah appointed
    director
  10. 2022-11-15
    📄
    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 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-16

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Ms Sarah Saif
Individual · Pakistani · DOB 10/1994 · age 32
2550%
25–50%board control25-50% shares · 25-50% voting · board control15/11/2022
1 historic (ceased) PSC
  • Mr Muhammad Taqi Ahmadceased 02/03/2024· 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.

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

9 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
Incorporated2022-11-15
Jurisdictionengland-wales
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

175 St. Marys Lane
Upminster
RM14 3BL
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-03-16OVERDUE
Last: 2025-03-02

Officers (1 active · 1 resigned)

SAIF, Saba
director · ~35y · appointed 2024-08-21
View their other companies + combined net worth →
Active
SAIF, Sarah
director · ~32y · appointed 2022-11-15 · resigned 2024-08-21
Resigned

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

Recent filings (9 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-13
appoint-person-director-company-with-name-date
officers · AP01
2024-09-12
termination-director-company-with-name-termination-date
officers · TM01
2024-08-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-30
incorporation-company
incorporation · NEWINC
2022-11-15