24 GROUP INDUSTRIES LIMITED
🌿Early-stageactive
14322856 · ltd · incorporated 2022-08-30
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£1.8k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Combined office administrative service activities
Sector: Administrative & support services
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 75/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
15 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
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,801
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£2k
↑ 19% YoY
Current Assets
£3k
↓ 10% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £1.8k | £1.9k |
| Current assets | £2.6k | £2.9k |
| Net assets | £1.8k | £1.5k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-06-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-12➕KERRIDGE, Sheena Christine appointeddirector
- 2025-04-11➖CLIFT, Stephanie resigneddirector
- 2024-11-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-11-19📄gazette-notice-compulsorygazette · GAZ1
- 2024-07-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-02➖KERRIDGE, Christina resigneddirector
- 2023-11-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-20➕CLIFT, Stephanie appointeddirector
- 2023-02-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-10➕KERRIDGE, Gemma appointeddirector
- 2023-01-05✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-08-30🏢Company incorporatedAs 24 GROUP INDUSTRIES LIMITED
- 2022-08-30➕KERRIDGE, Christina appointeddirector
- 2022-08-30📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
16/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — KERRIDGE, Gemma (same surname) appointed 2023-02-10. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Gemma Kerridge Individual · British · DOB 08/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/08/2022 |
Sheena Kerridge Individual · British · DOB 12/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/08/2022 |
1 historic (ceased) PSC
- Miss Christina Kerridgeceased 02/07/2024· 25-50% shares · 25-50% voting · board control
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 · Trade services · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 C C GOLF TECH LIMITED→ 12147219 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 100BRIX LIMITED→ 16339220 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 12 VICTORIA SQUARE (NEWCASTLE) MANAGEMENT COMPANY LIMITED→ 05205473 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 1453 OTTOMAN BARBER LTD→ 16308854 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1HP CONSULTING LTD→ 15382538 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 23 MR LIMITED→ 14393957 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 24 HOUR LOCK COMPANY LIMITED→ 04879994 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 2PURE PRODUCTS LIMITED→ 07061268 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 2SCISSORBOYS LTD→ 10011942 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 3156 BOXING LIMITED→ 16977868 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 356 ADMIN AND PROOFREADING LIMITED→ 15424234 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 365 SITE SERVICES LTD→ 14446115 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2022-08-30
Jurisdictionengland-wales
Primary SIC82110 — Combined office administrative service activities
Registered office
Unit 6 Mandale Business Park
Wallsend Road
North Shields
NE29 7SH
United Kingdom
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29
Officers (2 active · 2 resigned)
KERRIDGE, Gemma→
Activedirector · ~39y · appointed 2023-02-10
View their other companies + combined net worth →
KERRIDGE, Sheena Christine→
Activedirector · ~67y · appointed 2025-04-12
View their other companies + combined net worth →
CLIFT, Stephanie→
Resigneddirector · ~35y · appointed 2023-11-20 · resigned 2025-04-11
KERRIDGE, Christina→
Resigneddirector · ~36y · appointed 2022-08-30 · resigned 2024-07-02
Click a director name to see their full track record across all companies.
Recent filings (15 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-18
appoint-person-director-company-with-name-date
officers · AP01
2025-04-25
termination-director-company-with-name-termination-date
officers · TM01
2025-04-25
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-20
gazette-notice-compulsory
gazette · GAZ1
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-04
termination-director-company-with-name-termination-date
officers · TM01
2024-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-28
appoint-person-director-company-with-name-date
officers · AP01
2023-11-28
appoint-person-director-company-with-name-date
officers · AP01
2023-02-21
certificate-change-of-name-company
change-of-name · CERTNM
2023-01-05
incorporation-company
incorporation · NEWINC
2022-08-30