24 LOCK & KEY LTD
💤Zombieactive
12418775 · ltd · incorporated 2020-01-22
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 Jan 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
PursueStrong 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, 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
5
filings
- • 2 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2025-12-29➕ONDER, Koray appointeddirector
- 2025-12-29➖ONDER, Koray resigneddirector
- 2025-12-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-22🏢Company incorporatedAs 24 LOCK & KEY LTD
- 2020-01-22➕ONDER, Koray appointeddirector
- 2020-01-22📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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 Koray Onder Individual · British · DOB 09/1975 · age 51 | 75–100% | — | 75-100% shares | 29/12/2025 |
1 historic (ceased) PSC
- Mr Koray Onderceased 29/12/2025· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · EN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 ELSWORTHY TERRACE FREEHOLD LTD→ 10710014 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 118 PAWSONS ROAD LIMITED→ 12365439 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 121 PROPERTICO LTD→ 16316298 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 138 AGAR GROVE LIMITED→ 06655571 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 1ASER LTD→ 14315296 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1DATA GROUP LIMITED→ 14253950 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 20TWENTYCLEAN LTD→ 15228356 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 20TWENTYCLEANZ CIC→ 16897431 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 23 INSIGHTS LTD→ 15657803 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 25 AGINCOURT ROAD LIMITED→ 01480085 · est 1980 · no financials extracted | — | — | — | — | 46y | — | — |
| 251 BURNT OAK BROADWAY LIMITED→ 10199673 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 26 HANLEY ROAD LIMITED→ 06889623 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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
Incorporated2020-01-22
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.
Registered office
207 Crescent Road
Barnet
Hertfordshire
EN4 8SB
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-12
Last: 2025-12-29
Officers (1 active · 1 resigned)
ONDER, Koray→
Activedirector · ~51y · appointed 2025-12-29
View their other companies + combined net worth →
ONDER, Koray→
Resigneddirector · ~52y · appointed 2020-01-22 · resigned 2025-12-29
Click a director name to see their full track record across all companies.
Recent filings (16 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-29
appoint-person-director-company-with-name-date
officers · AP01
2025-12-29
termination-director-company-with-name-termination-date
officers · TM01
2025-12-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-19