2 BOARDS AND A PASSION COMMUNITY INTEREST COMPANY

🌳Matureactive
06355041 · ltd · incorporated 2007-08-29
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Performing arts
Sector: Arts, entertainment & recreation
ALSO REGISTERED FOR
  • 90020Support activities to performing arts
  • 90030Artistic creation
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
78 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.

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 (22 events)Click to expand
  1. 2026-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-08-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-09-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2021-09-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-01-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-01-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2020-01-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-01-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2019-08-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2019-08-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2019-08-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2019-08-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2007-08-29
    🏢
    Company incorporated
    As 2 BOARDS AND A PASSION COMMUNITY INTEREST COMPANY
  20. 2007-08-29
    WARD, Kathryn Elizabeth appointed
    secretary
  21. 2007-08-29
    WARD, Colin appointed
    director
  22. 2007-08-29
    WARD, Kathryn Elizabeth appointed
    director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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 Colin Ward
Individual · British · DOB 04/1958 · age 68
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Kathryn Elizabeth Ward
Individual · British · DOB 02/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

7 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 →
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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
Incorporated2007-08-29
Jurisdictionengland-wales
Primary SIC90010 — Performing arts

Registered office

48 Union Street
Hyde
SK14 1ND
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29

Officers (3 active · 0 resigned)

WARD, Kathryn Elizabeth
secretary · appointed 2007-08-29
View their other companies + combined net worth →
Active
WARD, Colin
director · ~68y · appointed 2007-08-29
View their other companies + combined net worth →
Active
WARD, Kathryn Elizabeth
director · ~49y · appointed 2007-08-29
View their other companies + combined net worth →
Active

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

Recent filings (78 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02
change-person-director-company-with-change-date
officers · CH01
2021-09-02
change-person-director-company-with-change-date
officers · CH01
2021-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-02