2 FLEMING ROAD LIMITED

🌿Early-stageactive
15032719 · ltd · incorporated 2023-07-27
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Property-backed borrower. Family succession underway — not a classic acquisition target.

Opportunity 62/100 (worth a look), bankability 50/100. Same-surname younger director in place — likely family handover, not open to sale. 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: family or management succession (50/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 2.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 2.4 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
14 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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-31

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2024-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-10-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-10-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-10-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-07-25
    HUGHES, Leanne appointed
    director
  9. 2024-07-25
    HUGHES, Sophie Ann appointed
    director
  10. 2024-07-25
    HUGHES, James White resigned
    director
  11. 2024-04-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2024-04-12
    🔒
    Charge registered #3
    Lender: Shawbrook Bank Limited
  13. 2023-11-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-11-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2023-11-20
    🔒
    Charge registered #2
    Lender: Willoughby (609) Limited
  16. 2023-11-20
    🔒
    Charge registered #1
    Lender: Willoughby (609) Limited
  17. 2023-07-27
    🏢
    Company incorporated
    As 2 FLEMING ROAD LIMITED
  18. 2023-07-27
    HUGHES, James White appointed
    director
  19. 2023-07-27
    📄
    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 2.8 years old — management layer unlikely to be developed.

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 Leanne Hughes
Individual · British · DOB 04/1971 · age 55
5075%
50-75% shares25/07/2024
Miss Sophie Ann Hughes
Individual · British · DOB 02/1994 · age 32
5075%
50-75% shares25/07/2024
1 historic (ceased) PSC
  • Mr James White Hughesceased 25/07/2024· 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
Incorporated2023-07-27
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

2 Fleming Road
Earlstrees Industrial Estate
Corby
Northamptonshire
NN17 4SW
United Kingdom

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-11-13
Last: 2025-10-30

Officers (2 active · 1 resigned)

HUGHES, Leanne
director · ~55y · appointed 2024-07-25
View their other companies + combined net worth →
Active
HUGHES, Sophie Ann
director · ~32y · appointed 2024-07-25
View their other companies + combined net worth →
Active
HUGHES, James White
director · ~63y · appointed 2023-07-27 · resigned 2024-07-25
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property12/04/2024
outstanding
Willoughby (609)
Willoughby (609) Limited
A registered charge1 property20/11/2023
outstanding
Willoughby (609)
Willoughby (609) Limited
A registered charge20/11/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-30
appoint-person-director-company-with-name-date
officers · AP01
2024-10-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-30
termination-director-company-with-name-termination-date
officers · TM01
2024-10-30
appoint-person-director-company-with-name-date
officers · AP01
2024-10-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-22
incorporation-company
incorporation · NEWINC
2023-07-27