848 IT SERVICES LIMITED
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 (73/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-30 | 2023-10-30 |
|---|---|---|
| Total assets | £456.2k | £104.9k |
| Current assets | £4.14M | £2.17M |
| Cash | £111.9k | £87.3k |
| Debtors | £4.03M | £2.08M |
| Net assets | £419.6k | £30.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 officers
- • 1 officers
- • 1 address
- • 1 officers
- • 1 address
Corporate timeline (27 events)Click to expand
- 2026-04-20➖BURN, David Foster resigneddirector
- 2026-04-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-30➖SAUNDERS, James Andrew resigneddirector
- 2025-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-09📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2024-10-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-04-02➖LAKER, Andrew Philip resigneddirector
- 2014-12-01➕SAUNDERS, James Andrew appointeddirector
- 2014-01-13➕BURN, Kerry Foster appointeddirector
- 2012-10-16➖FLEMING, Gilbert resigneddirector
- 2012-09-30➕BURN, David Foster appointeddirector
- 2012-06-01➕LAKER, Andrew Philip appointeddirector
- 2010-10-01🏢Company incorporatedAs 848 IT SERVICES LIMITED
- 2010-10-01➕FLEMING, Gilbert appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 years.
- secondaryStable-but-static management: Company is 16 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
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BURN, David Foster resigned 2026-04-20; SAUNDERS, James Andrew resigned 2025-09-30
Group structure
848 Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
848 Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (1 active · 4 resigned)
Click a director name to see their full track record across all companies.