2WAYS PROPERTY LIMITED

🌿Early-stageactive
15060382 · ltd · incorporated 2023-08-09
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
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-10.9k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (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 (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
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
4 connected companies via shared directors
57
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £10,949

Key financials

1 year extracted from filed iXBRL accounts
Cash
£4k
Net Worth
-£11k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Cash£3.6k
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

2 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-03-26
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  4. 2025-03-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  5. 2025-03-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2025-03-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-07-18
    MCDONOUGH, Thomas resigned
    director
  9. 2024-07-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-08-09
    🏢
    Company incorporated
    As 2WAYS PROPERTY LIMITED
  11. 2023-08-09
    PETTIT, Steven appointed
    director
  12. 2023-08-09
    MCDONOUGH, Thomas appointed
    director
  13. 2023-08-09
    📄
    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 2.8 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

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

Group structure

Sps Consultancy (Sw) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sps Consultancy (Sw) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
2WAYS PROPERTY LIMITED
This company · 15060382

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Sps Consultancy (Sw) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/08/2023
1 historic (ceased) PSC
  • Mr Steven Pettitceased 09/08/2023· 50-75% shares · 50-75% 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

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
Incorporated2023-08-09
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Sigma House Oak View Close
Edginswell Park
Torquay
Devon
TQ2 7FF
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-01
Last: 2025-07-18

Officers (1 active · 1 resigned)

PETTIT, Steven
director · ~40y · appointed 2023-08-09
View their other companies + combined net worth →
Active
MCDONOUGH, Thomas
director · ~42y · appointed 2023-08-09 · resigned 2024-07-18
Resigned

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

Recent filings (12 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-23
change-account-reference-date-company-current-shortened
accounts · AA01
2025-03-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-03-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-18
termination-director-company-with-name-termination-date
officers · TM01
2024-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-30
incorporation-company
incorporation · NEWINC
2023-08-09