42 TECH LIMITED
- 62020Information technology consultancy activities
- 63110Data processing, hosting and related activities
Opportunity 63/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (65/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Key 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 | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
- • 1 accounts
- • 1 accounts
Corporate timeline (12 events)Click to expand
- 2026-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-17📄change-person-director-company-with-change-dateofficers · CH01
- 2020-04-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-04🏢Company incorporatedAs 42 TECH LIMITED
- 2018-04-04➕CIOCAN, Radu Dragos appointeddirector
- 2018-04-04📄incorporation-companyincorporation · NEWINC
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.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-17
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Radu Dragos Ciocan Individual · Romanian,British · DOB 05/1977 · age 49 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest | 04/04/2018 |
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.
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8 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 · 0 resigned)
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