32 BIT LTD

💤Zombieactive
05150215 · ltd · incorporated 2004-06-10
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
£4.4k
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

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, 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
3 officers (1 active, 3 linked, 1 with DOB)
77
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
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
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 £4,414
Cash YoY
+614%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£14k
↑ 614% YoY
Net Worth
£4k
↑ 227% YoY
Current Assets
£19k
↑ 20% YoY
Current Liabilities
£0£4k£8k£12k£16k£19kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£4.4k£1.4k
Current assets£19.4k£16.2k
Cash£14.3k£2.0k
Debtors£5.2k£14.2k
Net assets£4.4k£1.4k

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

🔒Filing-note intelligence

2 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-06-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-06-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-06-26
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  4. 2024-03-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2023-11-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-11-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-01-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2022-07-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2022-06-21
    DEAN, James resigned
    secretary
  10. 2022-03-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2022-03-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2021-06-28
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2020-07-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2020-06-08
    📄
    termination-secretary-company
    officers · TM02
  15. 2020-06-05
    DEAN, James appointed
    secretary
  16. 2020-06-05
    DEAN, Marisa resigned
    secretary
  17. 2020-06-05
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  18. 2020-03-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2019-05-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2019-03-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  21. 2004-06-10
    🏢
    Company incorporated
    As 32 BIT LTD
  22. 2004-06-10
    DEAN, Hamilton Craig appointed
    director
  23. 2004-06-10
    DEAN, Marisa appointed
    secretary

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Hamilton Craig Dean
Individual · British · DOB 02/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

Similar companies

Active · Leisure & entertainment · IG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
2 TRUTHS, 1 LIE LTD
15952519 · est 2024 · no financials extracted
1y
22:22 MEDIA LTD
14058999 · est 2022 · no financials extracted
3y
360 TOUR SERVICES LTD
12206762 · est 2019 · no financials extracted
6y
3D MINDS LIMITED
08983265 · est 2014 · no financials extracted
12y
3NESS LTD
05779636 · est 2006 · no financials extracted
20y
3S TRAVEL LTD
13916984 · est 2022 · no financials extracted
4y
3T TRAVEL & TOURISM LIMITED
07625295 · est 2011 · no financials extracted
14y
4 SPORTS GLOBAL LTD
12473405 · est 2020 · no financials extracted
6y
45 FOOTBALL GROUP LTD
15323366 · est 2023 · no financials extracted
2y
777 CASTING LTD
12325677 · est 2019 · no financials extracted
6y
9FROGS LTD
14774968 · est 2023 · no financials extracted
3y
A FINCH UK LTD
11959151 · est 2019 · no financials extracted
6y
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 →
🔒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
Incorporated2004-06-10
Jurisdictionengland-wales
Primary SIC90030 — Artistic creation

Registered office

19-20 Bourne Court Southend Road
Woodford Green
Essex
IG8 8HD
England

Filing status

Accounts
Next due: 2026-06-25
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-11-26
Last: 2025-11-12

Officers (1 active · 2 resigned)

DEAN, Hamilton Craig
director · ~50y · appointed 2004-06-10
View their other companies + combined net worth →
Active
DEAN, James
secretary · appointed 2020-06-05 · resigned 2022-06-21
Resigned
DEAN, Marisa
secretary · appointed 2004-06-10 · resigned 2020-06-05
Resigned

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

Recent filings (60 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-28
change-account-reference-date-company-current-shortened
accounts · AA01
2024-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-10
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-02
change-person-director-company-with-change-date
officers · CH01
2023-11-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-03
termination-secretary-company-with-name-termination-date
officers · TM02
2022-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-15