D2H2 LIMITED

🌳Matureactive
SC525232 · ltd · incorporated 2016-01-26
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.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Filings: 22 → 23
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • ↑Filings: 22 → 23
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2026
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. 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 (73/100).

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
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
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£37k£75k£112k£150k£187kFeb 2024Feb 2025Feb 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-02-282025-02-282024-02-29
Total assets—£187.1k—
Current assets—£178.9k—
Net assets—£187.1k—
Average employees200—200

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-05-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-11-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-06-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-06-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-10-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-06-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-02-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-09-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-08-18
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2016-01-26
    🏢
    Company incorporated
    As D2H2 LIMITED
  14. 2016-01-26
    ➕
    HENDRY, Denise appointed
    director
  15. 2016-01-26
    ➕
    HENEGHAN, David appointed
    director
  16. 2016-01-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

51/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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 David Heneghan
Individual · Irish · DOB 10/1965 · age 61
25–50%
—25-50% shares01/07/2016
Mrs Denise Hendry
Individual · British · DOB 05/1967 · age 59
25–50%
—25-50% shares01/07/2016

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
Incorporated2016-01-26
Jurisdictionscotland
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

3 Ravelrig Drive
Balerno
Midlothian
EH14 7NQ
Scotland

Filing status

Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2027-01-18
Last: 2026-01-04

Officers (2 active · 0 resigned)

HENDRY, Denise→
director · ~59y · appointed 2016-01-26
View their other companies + combined net worth →
Active
HENEGHAN, David→
director · ~61y · appointed 2016-01-26
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-04
change-person-director-company-with-change-date
officers · CH01
2025-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-05