2X CONSTRUCTION LTD
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £61.6k | £163.9k |
| Current assets | £61.6k | £163.9k |
| Net assets | £-14.2k | £97.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (25 events)Click to expand
- 2025-10-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-02✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-05-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-07📄memorandum-articlesincorporation · MA
- 2023-02-07📄resolutionresolution · RESOLUTIONS
- 2022-06-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-19📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-12-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-12-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-12-02✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2021-12-01➕VUKOJICIC, Nebojsa appointeddirector
- 2021-12-01➖ASGHAR, Nosheen resigneddirector
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-02➖ASGHAR, Adeel resigneddirector
- 2020-11-02➕ASGHAR, Nosheen appointeddirector
- 2015-09-29🏢Company incorporatedAs 2X CONSTRUCTION LTD
- 2015-09-29➕ASGHAR, Adeel appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-10-02: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nebojsa Vuokojicic Individual · Serbian · DOB 08/1986 · age 40 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/12/2021 |
2 historic (ceased) PSCs
- Mrs Nosheen Asgharceased 01/12/2021· 75-100% shares
- Mr Adeel Asgharceased 02/11/2020· 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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (1 active · 2 resigned)
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