5L2F LIMITED

🌿Early-stageactive
14954568 · ltd · incorporated 2023-06-22
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£-282.5k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (79/100)

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
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
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red 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 £282,482

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£282k
↓ 708% YoY
Current Assets
£152k
↑ 64% YoY
Current Liabilities
-£282k-£196k-£109k-£22k£65k£152kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£-281.1k£-34.1k
Current assets£151.6k£92.6k
Net assets£-282.5k£-35.0k

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
2
filings
  • 2 address
Last 90 days
4
filings
  • 3 address
  • 1 accounts
Last 180 days
4
filings
  • 3 address
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-04-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-04-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-09-12
    📄
    capital-alter-shares-subdivision
    capital · SH02
  8. 2023-08-29
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2023-08-29
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2023-08-22
    📄
    capital-allotment-shares
    capital · SH01
  11. 2023-08-22
    📄
    capital-allotment-shares
    capital · SH01
  12. 2023-08-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-08-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2023-06-22
    🏢
    Company incorporated
    As 5L2F LIMITED
  15. 2023-06-22
    WANG, Yinghui appointed
    director
  16. 2023-06-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

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
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Yinghui Wang
Individual · Hong Konger · DOB 11/1970 · age 56
5075%
50–75%board control50-75% shares · 50-75% voting · board control22/06/2023

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

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
Incorporated2023-06-22
Jurisdictionengland-wales
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

Apt 501, 24, Constance Green Court
Goldsmiths Row
London
E2 8GL
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-19
Last: 2025-06-05

Officers (1 active · 0 resigned)

WANG, Yinghui
director · ~56y · appointed 2023-06-22
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-13
capital-alter-shares-subdivision
capital · SH02
2023-09-12
resolution
resolution · RESOLUTIONS
2023-08-29
resolution
resolution · RESOLUTIONS
2023-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-22
capital-allotment-shares
capital · SH01
2023-08-22
capital-allotment-shares
capital · SH01
2023-08-22
change-person-director-company-with-change-date
officers · CH01
2023-08-21