42 ITS LTD

🌳Matureactive
05082206 · ltd · incorporated 2004-03-23
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 Mar 2025
Net worth
£3.9k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 62020Information technology consultancy activities
  • 62090Other information technology service activities
  • 95110Repair of computers and peripheral equipment
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (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: strategic trade sale (63/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £3,926

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£4k
↑ 207% YoY
Current Assets
£40k
↑ 7.2% YoY
Current Liabilities
—
£0£8k£16k£24k£32k£40kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£33.4k£37.4k
Current assets£39.8k£37.1k
Net assets£3.9k£1.3k

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 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-08-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2021-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-01-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-12-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-08-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2019-05-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-05-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2018-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-05-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2004-04-01
    ➕
    TAYLOR, Anne Sylvia appointed
    secretary
  17. 2004-04-01
    ➕
    TAYLOR, Anne Sylvia appointed
    director
  18. 2004-04-01
    ➕
    TAYLOR, Dave appointed
    director
  19. 2004-03-25
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  20. 2004-03-25
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  21. 2004-03-23
    🏢
    Company incorporated
    As 42 ITS LTD
  22. 2004-03-23
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  23. 2004-03-23
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-director

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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 Anne Sylvia Taylor
Individual · British · DOB 06/1975 · age 51
25–50%
—25-50% shares06/04/2016
Dave Anthony Taylor
Individual · British · DOB 12/1970 · age 56
25–50%
—25-50% shares06/04/2016

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
Incorporated2004-03-23
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

Millways,Cringle Lodge
Cringle Lane
Stoke Rochford
Lincolnshire
NG33 5EF

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (3 active · 2 resigned)

TAYLOR, Anne Sylvia→
secretary · appointed 2004-04-01
View their other companies + combined net worth →
Active
TAYLOR, Anne Sylvia→
director · ~51y · appointed 2004-04-01
View their other companies + combined net worth →
Active
TAYLOR, Dave→
director · ~56y · appointed 2004-04-01
View their other companies + combined net worth →
Active
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 2004-03-23 · resigned 2004-03-25
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-nominee-director · appointed 2004-03-23 · resigned 2004-03-25
Resigned

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

Recent filings (67 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-08-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-08
confirmation-statement-with-updates
confirmation-statement · CS01
2020-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-04