ROOT2 LIMITED

💤Zombieactive
SC200405 · ltd · incorporated 1999-09-29
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£72.9k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 26110
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 85-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 85). 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: high (82/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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 £72,929

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£73k
↑ 6.7% YoY
Current Assets
£41k
↓ 2.9% YoY
Current Liabilities
—
£0£15k£29k£44k£58k£73kSept 2023Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-302023-09-30
Total assets£72.9k£68.3k£63.9k
Current assets£41.3k£42.5k£38.2k
Net assets£72.9k£68.3k£63.9k

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 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2024-05-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-11-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-05-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-05-13
    ➖
    FASHONI, Bernard Michael resigned
    director
  8. 2023-05-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-04-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-10-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2021-06-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-06-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2004-05-24
    ➖
    MILNE, Bruce resigned
    director
  17. 2002-12-15
    ➖
    WONFOR, Colin James resigned
    director
  18. 2002-12-12
    ➕
    FASHONI, Bernard Michael appointed
    director
  19. 1999-09-29
    🏢
    Company incorporated
    As ROOT2 LIMITED
  20. 1999-09-29
    ➕
    MEAD, Tom Colin appointed
    secretary
  21. 1999-09-29
    ➕
    MEAD, Tom Colin appointed
    director
  22. 1999-09-29
    ➕
    FIRST SCOTTISH SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  23. 1999-09-29
    ➖
    FIRST SCOTTISH SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  24. 1999-09-29
    ➕
    MILNE, Bruce appointed
    director
  25. 1999-09-29
    ➕
    WONFOR, Colin James appointed
    director
  26. 1999-09-29
    ➕
    FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointed
    corporate-nominee-director
  27. 1999-09-29
    ➖
    FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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 Tom Colin Mead
Individual · British · DOB 12/1941 · age 85
50–75%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mrs Jean Fashioni
Individual · British · DOB 03/1952 · age 74
25–50%
25–50%25-50% shares · 25-50% voting28/11/2023
1 historic (ceased) PSC
  • Mr Bernard Fashioniceased 15/05/2023· 25-50% shares · 25-50% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1999-09-29
Jurisdictionscotland
Primary SIC26110 — SIC 26110

Registered office

3 St. Davids Business Park
Dalgety Bay
Fife
KY11 9PF

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03

Officers (2 active · 5 resigned)

MEAD, Tom Colin→
secretary · appointed 1999-09-29
View their other companies + combined net worth →
Active
MEAD, Tom Colin→
director · ~85y · appointed 1999-09-29
View their other companies + combined net worth →
Active
FIRST SCOTTISH SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1999-09-29 · resigned 1999-09-29
Resigned
FASHONI, Bernard Michael→
director · ~79y · appointed 2002-12-12 · resigned 2023-05-13
Resigned
MILNE, Bruce→
director · ~86y · appointed 1999-09-29 · resigned 2004-05-24
Resigned
WONFOR, Colin James→
director · ~73y · appointed 1999-09-29 · resigned 2002-12-15
Resigned
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
corporate-nominee-director · appointed 1999-09-29 · resigned 1999-09-29
Resigned

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

Recent filings (73 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-28
termination-director-company-with-name-termination-date
officers · TM01
2023-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-10-11