S2 JOHN STREET LIMITED
Company number 11366344 · Monitor this company
Executive summary
S2 John Street Limited is a highly leveraged, group-dependent property development SPV that has rapidly scaled its work-in-progress pipeline but at the cost of a deteriorating balance sheet with net liabilities of (£139,667) and negligible cash reserves. The company's strategic viability hinges entirely on successful project completion and realisation within a challenging regional market, while its complex related-party structure—evidenced by £1.23M owed by associates and £4M in group-funded debt—creates both opportunity for capital access and existential risk if group support falters. Immediate priorities must include accelerating project delivery, recovering inter-company balances, and establishing a credible path to positive net assets before debt servicing obligations erode remaining equity.
Shareholders' funds
-£139,668
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2018-05-16
- Employees
- 0 (2024 accounts)
- Registered office
- 165 Crescent Road, Middlesbrough, England, TS1 4QT
- Postcode
- TS1 4QT
- Capital
- 1 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-08
- Next due by
- 2027-06-22
Nature of business (SIC)
- 41100 Development of building projects
Officers 1 current · 3 resigned
Group structure
Controlled by ASHBROOKES GROUP LIMITED — since 2023-06-08
Controlled by ASPEN SPRING LIMITED — since 2019-09-01
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| T20 DEVELOPMENTS LIMITED | 2023-03-21 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 1 UNIVERSITY BOULEVARD, MIDDLESBROUGH, TS1 3BB, UNITED KINGDOM | 2019-01-22 |
Competitors Middlesbrough
This company ranks 387 among development of building projects in Middlesbrough.
The class of 2018
38%
of the 14,183 companies in this sector incorporated in 2018 are still active today; 53% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Freehold
- 1
- Most recent registration
- 2025-03-06
- Price paid, where recorded
- £600,000
- Where
- Tyne And Wear
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| TY249929 | Tyne And Wear | Freehold | 2025-03-06 | £600,000 |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.
Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.