2 MARSHMALLOWS LIMITED

🏛️Establishedactive
SC655444 · ltd · incorporated 2020-02-24
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 Feb 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Activities of professional membership organisations
Sector: Other service activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (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 (58/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
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
3 connected companies via shared directors
54
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Average employees200200

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-05-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2022-04-24
    TIERNAN, Caroline appointed
    director
  7. 2022-02-07
    📄
    capital-return-purchase-own-shares
    capital · SH03
  8. 2021-08-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-03-23
    📄
    capital-allotment-shares
    capital · SH01
  10. 2021-03-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2021-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-02-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-02-24
    🏢
    Company incorporated
    As 2 MARSHMALLOWS LIMITED
  14. 2020-02-24
    TIERNAN, Joshua David appointed
    director
  15. 2020-02-24
    📄
    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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Joshua David Tiernan
Individual · British · DOB 01/1990 · age 36
75100%
75–100%board control75-100% shares · 75-100% voting · board control24/02/2020

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

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
Incorporated2020-02-24
Jurisdictionscotland
Primary SIC94120 — Activities of professional membership organisations

Registered office

4 Lothian Street
Lothian Street
Dalkeith
EH22 1DS
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-05-18
Last: 2025-05-04

Officers (2 active · 0 resigned)

TIERNAN, Caroline
director · ~38y · appointed 2022-04-24
View their other companies + combined net worth →
Active
TIERNAN, Joshua David
director · ~36y · appointed 2020-02-24
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-04
appoint-person-director-company-with-name-date
officers · AP01
2022-05-04
capital-return-purchase-own-shares
capital · SH03
2022-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-19
capital-allotment-shares
capital · SH01
2021-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-03-04