24BITS LTD

💤Zombieactive

12198125 · ltd · incorporated 2019-09-10

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 Sept 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Event catering activities

Sector: Accommodation & food service

ALSO REGISTERED FOR

90020Support activities to performing arts

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (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, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (1 active, 5 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

2 connected companies via shared directors

Filing history

32 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-09-30	2024-09-30
Total assets	—	£0
Net assets	—	£0

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

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 persons-with-significant-control
• 1 address
• 1 officers

Last 180 days

filings

• 1 persons-with-significant-control
• 1 address
• 1 officers

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2026-03-03
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-02
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-07-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-06-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-03-02
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-06-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-13
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-10-01
➖
OMOREGBEE, Osarenkhoe Benedicta resigned
secretary
2020-09-18
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-09-18
📄
change-person-director-company-with-change-date
officers · CH01
2020-09-07
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-09-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-09-07
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2020-09-07
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-09-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-09-01
➕
IGBINOSUN, Osarobo Dickson appointed
director
2020-09-01
➖
IGBINOSUN, Osarobo Dickson resigned
secretary
2020-09-01
➕
OMOREGBEE, Osarenkhoe Benedicta appointed
secretary
2020-09-01
➖
OMOREGBEE, Osarenkhoe Benedicta resigned
director
2020-06-01
➕
IGBINOSUN, Osarobo Dickson appointed
secretary
2020-06-01
➖
IGBINOSUN, Osarobo Dickson resigned
director
2020-06-01
➕
OMOREGBEE, Osarenkhoe Benedicta appointed
director
2019-09-10
🏢
Company incorporated
As 24BITS LTD
2019-09-10
➕
IGBINOSUN, Osarobo Dickson appointed
director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

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

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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Osarobo Dickson Igbinosun Individual · British · DOB 03/1974 · age 52	75–100%	—	75-100% shares	01/09/2020

2 historic (ceased) PSCs

Miss Osarenkhoe Benedicta Omoregbeeceased 01/09/2020· 75-100% shares
Mr Osarobo Dickson Igbinosunceased 28/06/2020· 75-100% shares

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 · Hospitality · BR postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
2 LUCK LTD→ 15276500 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
A PUB IN LOCKSBOTTOM LTD→ 16719395 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AAHAAR LIMITED→ 13877961 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
AAVENUE88 LTD→ 10722403 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
ABLA'S KITCHEN LTD→ 17017313 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ABRISHAM LTD→ 15212410 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ADITHYA ENTERPRISES LIMITED→ 06798070 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
AFROBITE EATS & CATERING UK LTD→ 15798868 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AKMARDIN LTD→ 15606321 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
AL DURUM KEBAB LIMITED→ 16124357 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AL MARICK CATERING LTD→ 16792877 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ALDO'S SANDWICH AND COFFEE BAR LIMITED→ 08374732 · est 2013 · no financials extracted	—	—	—	—	13y	—	—

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

Incorporated2019-09-10

Jurisdictionengland-wales

Primary SIC56210 — Event catering activities

Registered office

12 Brook Road Swanley

London

BR8 7EZ

England

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-10-27

Last: 2025-10-13

Officers (1 active · 4 resigned)

IGBINOSUN, Osarobo Dickson→

director · ~52y · appointed 2020-09-01

View their other companies + combined net worth →

Active

IGBINOSUN, Osarobo Dickson→

secretary · appointed 2020-06-01 · resigned 2020-09-01

Resigned

OMOREGBEE, Osarenkhoe Benedicta→

secretary · appointed 2020-09-01 · resigned 2020-10-01

Resigned

IGBINOSUN, Osarobo Dickson→

director · ~52y · appointed 2019-09-10 · resigned 2020-06-01

Resigned

OMOREGBEE, Osarenkhoe Benedicta→

director · ~41y · appointed 2020-06-01 · resigned 2020-09-01

Resigned

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

Recent filings (32 total)

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2026-03-03

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-03-02

change-person-director-company-with-change-date

officers · CH01

2026-03-02

accounts-with-accounts-type-dormant

accounts · AA

2025-11-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-11-22

accounts-with-accounts-type-micro-entity

accounts · AA

2025-07-28

confirmation-statement-with-updates

confirmation-statement · CS01

2024-10-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-14

accounts-with-accounts-type-dormant

accounts · AA

2023-10-14

accounts-with-accounts-type-dormant

accounts · AA

2023-06-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-27

accounts-with-accounts-type-dormant

accounts · AA

2022-03-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-10-20

accounts-with-accounts-type-micro-entity

accounts · AA

2021-06-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-06-23