1024K LIMITED
🌿Early-stageactive
14459455 · ltd · incorporated 2022-11-02
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 Mar 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (72/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-02-26📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-30➖STAIT, Wendy Elizabeth resigneddirector
- 2024-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-23📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2024-01-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-05📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-04-01➕STAIT, Wendy Elizabeth appointeddirector
- 2023-04-01➕STAIT, Wendy Elizabeth appointeddirector
- 2023-02-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-02🏢Company incorporatedAs 1024K LIMITED
- 2022-11-02➕EDMONDSON, Allen William appointeddirector
- 2022-11-02📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. 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 Wendy Elizabeth Stait Individual · British · DOB 07/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · firm interest | 01/04/2023 |
Mr Allen William Edmondson Individual · British · DOB 03/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/11/2022 |
1 historic (ceased) PSC
- Miss Wendy Elizabeth Statitceased 27/11/2023· 25-50% 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 · Technology · GL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 101 ENVIRONMENTAL LTD→ 13249833 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 11 FRAME FILMS LIMITED→ 11686328 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 16 MANAGEMENT LTD→ 02643898 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| 1875COMMS LIMITED→ 16439342 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 225201 LTD→ 17083520 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 2BIG2SEND LIMITED→ 06663498 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 2COMMS LIMITED→ 10191537 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 2NABLE CONSULTANCY LTD→ 13379635 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 3 CIRCLE LIMITED→ 06969238 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 3 KAURS CONSULTING LIMITED→ 16253797 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 3 KAURS INFOTECH LIMITED→ 16771643 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3 REX LIMITED→ 09993411 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2022-11-02
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities
Registered office
Oakland Sunnyfield Lane
Up Hatherley
Cheltenham
GL51 6JD
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01
Officers (2 active · 1 resigned)
EDMONDSON, Allen William→
Activedirector · ~62y · appointed 2022-11-02
View their other companies + combined net worth →
STAIT, Wendy Elizabeth→
Activedirector · ~64y · appointed 2023-04-01
View their other companies + combined net worth →
STAIT, Wendy Elizabeth→
Resigneddirector · ~64y · appointed 2023-04-01 · resigned 2024-10-30
Click a director name to see their full track record across all companies.
Recent filings (19 total)
change-account-reference-date-company-current-extended
accounts · AA01
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-17
change-person-director-company-with-change-date
officers · CH01
2025-03-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
termination-director-company-with-name-termination-date
officers · TM01
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-11
second-filing-of-director-appointment-with-name
officers · RP04AP01
2024-01-23
appoint-person-director-company-with-name-date
officers · AP01
2024-01-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
appoint-person-director-company-with-name-date
officers · AP01
2023-06-30