2 DEGREES KELVIN LTD
🏛️Establishedactive
11928535 · ltd · incorporated 2019-04-05
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 May 2025
Net worth
£196.2k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Engineering related scientific and technical consulting activities
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 1.4y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.4 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £196,223
Cash YoY
+14%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£380k
↑ 14% YoY
Net Worth
£196k
↑ 5.9% YoY
Current Assets
£685k
↓ 34% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £309.9k | £328.9k |
| Current assets | £685.4k | £1.04M |
| Cash | £380.1k | £333.6k |
| Debtors | £305.3k | £704.9k |
| Net assets | £196.2k | £185.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-14📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-26🔒Charge registered #1Lender: 2DK Holdings LTD
- 2024-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-21📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-07-20📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2022-11-30📄capital-alter-shares-subdivisioncapital · SH02
- 2022-11-30📄capital-alter-shares-subdivisioncapital · SH02
- 2022-11-10📄capital-name-of-class-of-sharescapital · SH08
- 2022-11-10📄capital-name-of-class-of-sharescapital · SH08
- 2022-10-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-05🏢Company incorporatedAs 2 DEGREES KELVIN LTD
- 2019-04-05➕DAVIES, John Charles appointeddirector
- 2019-04-05➕DAVIES, Sara Wyn appointeddirector
Owner dependency
71/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +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.)
Group structure
2dk Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
2dk Holdings Ltd
Corporate parent · holds 75-100% shares · board control
⬇
2 DEGREES KELVIN LTD
This company · 11928535
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
2dk Holdings Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 17/07/2023 |
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 · Professional services · CF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 STOP GRAPHICS LTD→ 11753812 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 10 ADAMSON ROAD LIMITED→ 01037598 · est 1972 · no financials extracted | — | — | — | — | 54y | — | — |
| 1226 MANAGEMENT LIMITED→ 17007098 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 164 LIMITED→ 07309972 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 164 PERFORMANCE LTD→ 15507906 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 1927 HOLDINGS LIMITED→ 12013492 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 198FOR LIMITED→ 11101534 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 1ST FOR BOOKKEEPING LTD→ 14497268 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1ST LIFE GROUP LIMITED→ 15875402 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST STEP TO CLAIM LTD→ 15841436 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST STOP ACCOUNTANCY AND TAX SERVICES BRISTOL LIMITED→ 10540302 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 20 DEGREES CONSULTING LIMITED→ 08522068 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2019-04-05
Jurisdictionengland-wales
Primary SIC71122 — Engineering related scientific and technical consulting activities
Registered office
Oldgate Lisvane Road
Llanishen
Cardiff
CF14 0SB
Wales
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04
Officers (2 active · 0 resigned)
DAVIES, John Charles→
Activedirector · ~45y · appointed 2019-04-05
View their other companies + combined net worth →
DAVIES, Sara Wyn→
Activedirector · ~45y · appointed 2019-04-05
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | 2DK Holdings 2DK Holdings LTD | A registered charge | 1 property | 26/11/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (28 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-08
change-person-director-company-with-change-date
officers · CH01
2025-01-14
change-person-director-company-with-change-date
officers · CH01
2025-01-14
change-person-director-company-with-change-date
officers · CH01
2025-01-14
change-person-director-company-with-change-date
officers · CH01
2025-01-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-08
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-07-20
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2023-07-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-17