SILVERWINGS 2 LIMITED

🌿Early-stageactive
15508410 · ltd · incorporated 2024-02-20
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 Feb 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (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: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
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 · FRS 102
Metric2025-02-28

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 change-of-name
Last 90 days
3
filings
  • 1 change-of-name
  • 1 confirmation-statement
  • 1 officers
Last 180 days
3
filings
  • 1 change-of-name
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-05-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2026-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-04-15
    EVANS, Christian Andreas Frederick resigned
    director
  4. 2025-11-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2025-07-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-07-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-07-04
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2024-05-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-05-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2024-05-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-05-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-05-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-05-23
    BENSON, Timothy Michael appointed
    director
  14. 2024-05-23
    EVANS, Christian Andreas Frederick appointed
    director
  15. 2024-05-23
    LAND, Paul Douglas resigned
    director
  16. 2024-02-20
    🏢
    Company incorporated
    As SILVERWINGS 2 LIMITED
  17. 2024-02-20
    LAND, Paul Douglas appointed
    director
  18. 2024-02-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Young company: Only 2.3 years old — management layer unlikely to be developed.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
Name changed 2 times
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-05-22: certificate-change-of-name-company; 2024-07-04: certificate-change-of-name-company

Group structure

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

🏛️
Airspace (M) Limited
Corporate parent · holds 75-100% shares
ultimate parent
SILVERWINGS 2 LIMITED
This company · 15508410

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
Airspace (M) Limited
Corporate entity
75100%
75-100% shares23/05/2024
1 historic (ceased) PSC
  • Mr Paul Douglas Landceased 23/05/2024· 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

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
Incorporated2024-02-20
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

3 Greengate
Cardale Park
Harrogate
HG3 1GY
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (1 active · 2 resigned)

BENSON, Timothy Michael
director · ~59y · appointed 2024-05-23
View their other companies + combined net worth →
Active
EVANS, Christian Andreas Frederick
director · ~35y · appointed 2024-05-23 · resigned 2026-04-15
Resigned
LAND, Paul Douglas
director · ~58y · appointed 2024-02-20 · resigned 2024-05-23
Resigned

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

Recent filings (14 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-14
termination-director-company-with-name-termination-date
officers · TM01
2026-04-16
accounts-with-accounts-type-dormant
accounts · AA
2025-11-19
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-16
gazette-notice-compulsory
gazette · GAZ1
2025-07-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-11
certificate-change-of-name-company
change-of-name · CERTNM
2024-07-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-05-24
termination-director-company-with-name-termination-date
officers · TM01
2024-05-24
appoint-person-director-company-with-name-date
officers · AP01
2024-05-24
appoint-person-director-company-with-name-date
officers · AP01
2024-05-24
incorporation-company
incorporation · NEWINC
2024-02-20