HULA TWO LTD
🏛️Establishedactive
SC616762 · ltd · incorporated 2018-12-21
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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
3 connected companies via shared directors
54
Filing history
32 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
65
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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · IFRS| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 600 | 900 |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-29📄resolutionresolution · RESOLUTIONS
- 2025-09-29📄resolutionresolution · RESOLUTIONS
- 2025-09-29📄resolutionresolution · RESOLUTIONS
- 2025-09-29📄resolutionresolution · RESOLUTIONS
- 2025-09-26📄memorandum-articlesincorporation · MA
- 2025-09-26📄capital-allotment-sharescapital · SH01
- 2025-09-26📄capital-alter-shares-subdivisioncapital · SH02
- 2025-09-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-08📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-03-07📄gazette-notice-compulsorygazette · GAZ1
- 2022-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-14📄change-person-director-company-with-change-dateofficers · CH01
- 2021-06-14📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-12-21🏢Company incorporatedAs HULA TWO LTD
- 2018-12-21➕BORGEN- NIELSEN, Peter Jens appointeddirector
- 2018-12-21➕BORGEN-NIELSEN, Stefanie appointeddirector
Owner dependency
63/100
High — earn-out structure requiredMaterial 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.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter Jens Borgen- Nielsen Individual · British · DOB 02/1977 · age 49 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 21/12/2018 |
Mrs Stefanie Borgen-Nielsen Individual · British · DOB 01/1986 · age 40 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 21/12/2018 |
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 →Similar companies
Active · Hospitality · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HENDERSON BLACKET LIMITED→ SC868468 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HONEYCOMB & CO CAFE'S LTD→ SC553832 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| HONG YANG EDINBURGH LTD→ SC672720 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HOSPITALITY VENTURES U.K. LTD→ SC409996 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| HS (EDINBURGH) LTD→ SC473439 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| HS SCOTLAND LTD→ SC837688 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HUNGER HUSTLE LTD→ SC811113 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HUNTINGTON ESTATE LIMITED→ SC518651 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| HYAMS LEISURE LIMITED→ SC444235 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| I&D EDINBURGH LTD→ SC859498 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| IAMUK LTD→ SC777751 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| IDMV GROUP LIMITED→ SC814867 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2018-12-21
Jurisdictionscotland
Primary SIC56102 — Unlicenced restaurants and cafes
Registered office
89 St. Johns Road
Edinburgh
EH12 6NN
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20
Officers (2 active · 0 resigned)
BORGEN- NIELSEN, Peter Jens→
Activedirector · ~49y · appointed 2018-12-21
View their other companies + combined net worth →
BORGEN-NIELSEN, Stefanie→
Activedirector · ~40y · appointed 2018-12-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (32 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
resolution
resolution · RESOLUTIONS
2025-09-29
resolution
resolution · RESOLUTIONS
2025-09-29
resolution
resolution · RESOLUTIONS
2025-09-29
resolution
resolution · RESOLUTIONS
2025-09-29
memorandum-articles
incorporation · MA
2025-09-26
capital-allotment-shares
capital · SH01
2025-09-26
capital-alter-shares-subdivision
capital · SH02
2025-09-26
change-person-director-company-with-change-date
officers · CH01
2025-09-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12