42 BYTES LTD
🌿Early-stageactive
15084997 · ltd · incorporated 2023-08-21
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
—
not disclosed
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Business and domestic software development
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: strategic trade sale (73/100).
Data confidence
Overall: medium (57/100)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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
8 filings
60
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.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
- 2025-09-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-05-03➕ELDER, David appointeddirector
- 2025-05-03➕WALLS, Thomas appointeddirector
- 2025-01-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-21🏢Company incorporatedAs 42 BYTES LTD
- 2023-08-21➕BRAY, Erik appointeddirector
- 2023-08-21📄incorporation-companyincorporation · NEWINC
Owner dependency
70/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Young company: Only 2.8 years old — management layer unlikely to be developed.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
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 Erik Bray Individual · French · DOB 04/1993 · age 33 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/08/2023 |
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
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| 10XCLOUDCONSULTING LTD→ 12142122 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 123 PUBLISHING HOUSE & SCHOOL SUPPLIES LTD→ 12311702 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 2N TECHNOLOGIES LIMITED→ 10761733 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 303 POLISH ASSOCIATION CIC→ 16686483 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3E MEDIA GROUP LTD→ 11278102 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 3M BUSINESS LIMITED→ 11571932 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3RD BLOCK TECHNOLOGY (UK) LTD→ 13068743 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 4XPORTAL LTD→ 13665402 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 7 KRAY LTD→ 15819702 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 726SOLUTIONS LTD→ 17052115 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 8 CONTINENTS LTD→ 06390210 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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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.
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See pricing →Company details
Statusactive
Typeltd
Incorporated2023-08-21
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
C/O Optimyze Finance Llp 6, Sutton Plaza
Sutton Court Road
Sutton
SM1 4FS
England
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-03
Last: 2025-08-20
Officers (3 active · 0 resigned)
Active
ELDER, David→
Activedirector · ~68y · appointed 2025-05-03
View their other companies + combined net worth →
WALLS, Thomas→
Activedirector · ~36y · appointed 2025-05-03
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (8 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-05
appoint-person-director-company-with-name-date
officers · AP01
2025-09-05
appoint-person-director-company-with-name-date
officers · AP01
2025-09-03
accounts-with-accounts-type-dormant
accounts · AA
2025-05-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-25
incorporation-company
incorporation · NEWINC
2023-08-21