24 HOUR LOCK COMPANY LIMITED

🌳Matureactive
04879994 · ltd · incorporated 2003-08-28
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£4.3k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £4,251
Net assets shrinking
Down £269 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£4k
↓ 6.0% YoY
Current Assets
£4k
↓ 73% YoY
Current Liabilities
—
£0£3k£5k£8k£11k£13kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£4.3k£4.5k
Current assets£3.5k£13.3k
Net assets£4.3k£4.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (25 events)Click to expand
  1. 2025-03-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-04-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-05-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-04-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2019-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2019-02-11
    ➖
    DEMPSEY, Keith John resigned
    director
  11. 2018-04-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-05-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-05-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-09-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-05-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-09-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2007-09-01
    ➕
    DEMPSEY, Christopher appointed
    director
  18. 2005-03-01
    ➕
    DEMPSEY, Lynn appointed
    director
  19. 2003-08-28
    🏢
    Company incorporated
    As 24 HOUR LOCK COMPANY LIMITED
  20. 2003-08-28
    ➕
    DEMPSEY, Lynn appointed
    secretary
  21. 2003-08-28
    ➕
    SECRETARIAL APPOINTMENTS LIMITED appointed
    corporate-nominee-secretary
  22. 2003-08-28
    ➖
    SECRETARIAL APPOINTMENTS LIMITED resigned
    corporate-nominee-secretary
  23. 2003-08-28
    ➕
    DEMPSEY, Keith John appointed
    director
  24. 2003-08-28
    ➕
    CORPORATE APPOINTMENTS LIMITED appointed
    corporate-nominee-director
  25. 2003-08-28
    ➖
    CORPORATE APPOINTMENTS LIMITED resigned
    corporate-nominee-director

Owner dependency

91/100
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 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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
Mr Christopher Dempsey
Individual · British · DOB 09/1976 · age 50
25–50%
—25-50% shares28/08/2016
Mrs Lynn Dempsey
Individual · British · DOB 11/1955 · age 71
25–50%
—25-50% shares28/08/2016
1 historic (ceased) PSC
  • Mr Keith John Dempseyceased 11/02/2019· 25-50% shares

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

7 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2003-08-28
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

20 Queensway
Tynemouth
North Shields
Tyne & Wear
NE30 4NA

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-11
Last: 2025-08-28

Officers (3 active · 3 resigned)

DEMPSEY, Lynn→
secretary · appointed 2003-08-28
View their other companies + combined net worth →
Active
DEMPSEY, Christopher→
director · ~50y · appointed 2007-09-01
View their other companies + combined net worth →
Active
DEMPSEY, Lynn→
director · ~71y · appointed 2005-03-01
View their other companies + combined net worth →
Active
SECRETARIAL APPOINTMENTS LIMITED→
corporate-nominee-secretary · appointed 2003-08-28 · resigned 2003-08-28
Resigned
DEMPSEY, Keith John→
director · ~72y · appointed 2003-08-28 · resigned 2019-02-11
Resigned
CORPORATE APPOINTMENTS LIMITED→
corporate-nominee-director · appointed 2003-08-28 · resigned 2003-08-28
Resigned

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

Recent filings (58 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2019-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-04-02