REACT2 LTD

🌳Matureactive
SC162119 · ltd · incorporated 1995-12-11
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 30.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£4.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

1 live charge · oldest 30.3y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 30.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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
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
10 officers (3 active, 10 linked, 5 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £4,823
Net assets shrinking
Down £38,870 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£5k
↓ 89% YoY
Current Assets
£5k
↓ 66% YoY
Current Liabilities
—
£0£9k£17k£26k£35k£44kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-12-312024-12-31
Total assets£28.6k£71.6k
Current assets£5.0k£14.8k
Net assets£4.8k£43.7k

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 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-05-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-04-16
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  4. 2025-04-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-04-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-04-11
    🔓
    Charge satisfied #1
  8. 2024-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-03-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-10-04
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  16. 2018-05-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2018-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2018-04-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-04-04
    ➕
    TURNBULL, Joanne Margaret appointed
    director
  20. 2013-09-20
    ➕
    TURNBULL, Joanne Margaret appointed
    secretary
  21. 2013-09-19
    ➖
    RUSSELL, Linda Wilson resigned
    secretary
  22. 2013-09-19
    ➖
    RUSSELL, Alexander Gordon, Mr. resigned
    director
  23. 2007-11-29
    ➕
    TURNBULL, Dean appointed
    director
  24. 2006-11-25
    ➕
    RUSSELL, Linda Wilson appointed
    secretary
  25. 2006-11-24
    ➖
    MURIE, Ann resigned
    secretary
  26. 2006-11-24
    ➖
    CAMPBELL, Nicola Kennedy resigned
    director
  27. 2006-11-24
    ➖
    MURIE, Ann resigned
    director
  28. 1996-01-27
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  29. 1995-12-14
    ➕
    MURIE, Ann appointed
    secretary
  30. 1995-12-14
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  31. 1995-12-14
    ➕
    CAMPBELL, Nicola Kennedy appointed
    director
  32. 1995-12-14
    ➕
    MURIE, Ann appointed
    director
  33. 1995-12-14
    ➕
    RUSSELL, Alexander Gordon, Mr. appointed
    director
  34. 1995-12-14
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  35. 1995-12-11
    🏢
    Company incorporated
    As REACT2 LTD
  36. 1995-12-11
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  37. 1995-12-11
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

84/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • 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 30 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
Mrs Joanne Margaret Turnbull
Individual · Scottish · DOB 08/1974 · age 52
25–50%
25–50%25-50% shares · 25-50% voting04/10/2017
Mr Dean Turnbull
Individual · British · DOB 09/1968 · age 58
25–50%
25–50%board control25-50% shares · 25-50% voting · board control18/10/2016

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

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
Incorporated1995-12-11
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development

Registered office

20 Standalane View
Peebles
EH45 8LS
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-10-07
Last: 2025-09-23

Officers (3 active · 7 resigned)

TURNBULL, Joanne Margaret→
secretary · appointed 2013-09-20
View their other companies + combined net worth →
Active
TURNBULL, Dean→
director · ~58y · appointed 2007-11-29
View their other companies + combined net worth →
Active
TURNBULL, Joanne Margaret→
director · ~52y · appointed 2018-04-04
View their other companies + combined net worth →
Active
MURIE, Ann→
secretary · appointed 1995-12-14 · resigned 2006-11-24
Resigned
RUSSELL, Linda Wilson→
secretary · appointed 2006-11-25 · resigned 2013-09-19
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1995-12-11 · resigned 1995-12-14
Resigned
CAMPBELL, Nicola Kennedy→
director · ~74y · appointed 1995-12-14 · resigned 2006-11-24
Resigned
MURIE, Ann→
director · ~74y · appointed 1995-12-14 · resigned 2006-11-24
Resigned
RUSSELL, Alexander Gordon, Mr.→
director · ~84y · appointed 1995-12-14 · resigned 2013-09-19
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1995-12-11 · resigned 1995-12-14
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property27/01/199611/04/2024

Recent filings (115 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-27
change-sail-address-company-with-old-address-new-address
address · AD02
2025-04-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-11
change-person-director-company-with-change-date
officers · CH01
2024-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23