TOE 2 TOE ENTERTAINMENT LTD

🌿Early-stageactive
SC804104 · ltd · incorporated 2024-03-22
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
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Turnover
year to Mar 2025
Net worth
£65.0k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
ALSO REGISTERED FOR
  • 93120Activities of sport clubs
  • 93130Fitness facilities
  • 93199Other sports activities
Investor take
Special-situation opportunity
Distressed leisure with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (69/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £65,000

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£65k
Current Assets
£79k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£133.0k
Current assets£78.5k
Net assets£65.0k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-03-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2024-03-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2024-03-26
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  5. 2024-03-22
    🏢
    Company incorporated
    As TOE 2 TOE ENTERTAINMENT LTD
  6. 2024-03-22
    HILL, Tristian James appointed
    director
  7. 2024-03-22
    MACLEAN, Christopher Jamie appointed
    director
  8. 2024-03-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material 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.
  • +Young company: Only 2.1 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited 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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-04

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Tristian James Hill
Individual · British · DOB 12/1969 · age 57
5075%
50–75%board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence25/03/2024
Mr Christopher Jamie Maclean
Individual · British · DOB 07/1994 · age 32
5075%
50–75%50-75% shares · 50-75% voting25/03/2024

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-03-22
Jurisdictionscotland
Primary SIC93110 — Operation of sports facilities

Registered office

Toe 2 Toe Entertainment 26 Millerton View
Kinmylies
Inverness
IV3 8RZ
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-04OVERDUE
Last: 2025-03-21

Officers (2 active · 0 resigned)

HILL, Tristian James
director · ~57y · appointed 2024-03-22
View their other companies + combined net worth →
Active
MACLEAN, Christopher Jamie
director · ~32y · appointed 2024-03-22
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-27
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-03-26
incorporation-company
incorporation · NEWINC
2024-03-22