2SALS LIMITED

🌿Early-stageactive
15037507 · ltd · incorporated 2023-07-30
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
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Turnover
year to Jul 2025
Net worth
£8.7k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (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: Cash flow review and working-capital discipline. Cash down -87% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £8,695
Very low cash
Cash position: £2
Cash draining
Cash down 87% YoY
Cash YoY
-87%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2
↓ 87% YoY
Net Worth
£9k
↑ 688% YoY
Current Assets
£185k
↑ 9.5% YoY
Current Liabilities
-£1k£36k£73k£110k£148k£185kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£8.7k£-1.5k
Current assets£185.0k£169.0k
Cash£2£15
Debtors£185.0k
Net assets£8.7k£-1.5k

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
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 (9 events)Click to expand
  1. 2026-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-11-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-11-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-11-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-07-30
    🏢
    Company incorporated
    As 2SALS LIMITED
  7. 2023-07-30
    SALEH, Ibrahim appointed
    director
  8. 2023-07-30
    SALEH, Muneer appointed
    director
  9. 2023-07-30
    📄
    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.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Muneer Saleh
Individual · British · DOB 03/1989 · age 37
2550%
25–50%board control25-50% shares · 25-50% voting · board control30/07/2023
Mr Ibrahim Saleh
Individual · British · DOB 05/1999 · age 27
2550%
25–50%board control25-50% shares · 25-50% voting · board control30/07/2023

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

7 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
Incorporated2023-07-30
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

207 Knutsford Road Grappenhall
Warrington
Cheshire
WA4 2QL
United Kingdom

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29

Officers (2 active · 0 resigned)

SALEH, Ibrahim
director · ~27y · appointed 2023-07-30
View their other companies + combined net worth →
Active
SALEH, Muneer
director · ~37y · appointed 2023-07-30
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-30
change-person-director-company-with-change-date
officers · CH01
2024-11-20
change-person-director-company-with-change-date
officers · CH01
2024-11-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
incorporation-company
incorporation · NEWINC
2023-07-30