28 GROUP LTD

🚨Distressedactive
14985861 · ltd · incorporated 2023-07-06
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Jul 2024
Net worth
£-10.9k
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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).

🏦

Refinance opportunity

1 live charge · oldest 2.3y

10/100
under pressure

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

  • · Newest facility, 2.3 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
12 filings on record
85
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
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £10,899

Key financials

1 year extracted from filed iXBRL accounts
Cash
£5k
Net Worth
-£11k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-31
Total assets£179.3k
Cash£5.1k
Net assets£-10.9k

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
2
filings
  • 1 confirmation-statement
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-12-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-11-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-04-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-10-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-02-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-02-23
    🔒
    Charge registered #1
    Lender: Onesavings Bank PLC, Trading as Kent Reliance Banking Services, Kent Reliance and Krbs
  8. 2023-08-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-08-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-07-06
    🏢
    Company incorporated
    As 28 GROUP LTD
  11. 2023-07-06
    CRAWSHAW, Darren Nigel appointed
    director
  12. 2023-07-06
    CRAWSHAW, Robyn Anna Louise appointed
    director
  13. 2023-07-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

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: 2026-04-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Robyn Anna Louise Crawshaw
Individual · British · DOB 10/1985 · age 41
2550%
25–50%25-50% shares · 25-50% voting06/07/2023
Mr Darren Nigel Crawshaw
Individual · British · DOB 07/1982 · age 44
2550%
25–50%25-50% shares · 25-50% voting06/07/2023

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

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
Incorporated2023-07-06
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

12 Kiln Lane
Winkfield
Windsor
Berkshire
SL4 2DU
England

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05

Officers (2 active · 0 resigned)

CRAWSHAW, Darren Nigel
director · ~44y · appointed 2023-07-06
View their other companies + combined net worth →
Active
CRAWSHAW, Robyn Anna Louise
director · ~41y · appointed 2023-07-06
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Kent Reliance / OSB
Onesavings Bank PLC, Trading as Kent Reliance Banking Services, Kent Reliance and Krbs
A registered charge1 property23/02/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (12 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-07
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-17
gazette-notice-compulsory
gazette · GAZ1
2025-11-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-04
change-person-director-company-with-change-date
officers · CH01
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-05
change-person-director-company-with-change-date
officers · CH01
2023-08-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-10
incorporation-company
incorporation · NEWINC
2023-07-06