2-WORK TILEYARD NORTH LIMITED

🌿Early-stageactive
15071986 · ltd · incorporated 2023-08-15
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 76/100 (strong), bankability 70/100. 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 (65/100).

Data confidence

Overall: medium (73/100)

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

Company profile
address, 1 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
5 officers (4 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-31
Average employees100

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-08-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-08-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-08-07
    CHRISTIANSEN, Natasha Asherina appointed
    director
  4. 2025-06-10
    FORSYTH, Christopher Grant resigned
    director
  5. 2025-05-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-11-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2024-11-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-12-16
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2023-12-16
    📄
    memorandum-articles
    incorporation · MA
  10. 2023-12-11
    📄
    capital-name-of-class-of-shares
    capital · SH08
  11. 2023-12-10
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  12. 2023-08-15
    🏢
    Company incorporated
    As 2-WORK TILEYARD NORTH LIMITED
  13. 2023-08-15
    GRIFFIN, Janthea appointed
    director
  14. 2023-08-15
    KEMPE, Paul William Frederick appointed
    director
  15. 2023-08-15
    LESLIE, Galit appointed
    director
  16. 2023-08-15
    FORSYTH, Christopher Grant appointed
    director
  17. 2023-08-15
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

60/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Young company: Only 2.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
2-Work Group Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
City & Provincial Properties Investments Ltd
Corporate parent · holds 50-75% shares
majority
2-WORK TILEYARD NORTH LIMITED
This company · 15071986

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
City & Provincial Properties Investments Ltd
Corporate entity
5075%
50–75%50-75% shares · 50-75% voting15/08/2023
2-Work Group Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting15/08/2023

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 →

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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.

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
Incorporated2023-08-15
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Innovation House
Hornbeam Business Park
Harrogate
North Yorkshire
HG2 8QT
United Kingdom

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (4 active · 1 resigned)

CHRISTIANSEN, Natasha Asherina
director · ~58y · appointed 2025-08-07
View their other companies + combined net worth →
Active
GRIFFIN, Janthea
director · ~47y · appointed 2023-08-15
View their other companies + combined net worth →
Active
KEMPE, Paul William Frederick
director · ~69y · appointed 2023-08-15
View their other companies + combined net worth →
Active
LESLIE, Galit
director · ~47y · appointed 2023-08-15
View their other companies + combined net worth →
Active
FORSYTH, Christopher Grant
director · ~61y · appointed 2023-08-15 · resigned 2025-06-10
Resigned

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

Recent filings (12 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
termination-director-company-with-name-termination-date
officers · TM01
2025-08-08
appoint-person-director-company-with-name-date
officers · AP01
2025-08-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-15
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-05
gazette-notice-compulsory
gazette · GAZ1
2024-11-05
resolution
resolution · RESOLUTIONS
2023-12-16
memorandum-articles
incorporation · MA
2023-12-16
capital-name-of-class-of-shares
capital · SH08
2023-12-11
capital-variation-of-rights-attached-to-shares
capital · SH10
2023-12-10
incorporation-company
incorporation · NEWINC
2023-08-15