HITCHIT APP LTD
Opportunity 71/100 (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 (58/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-24 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
- • 1 accounts
- • 1 accounts
Corporate timeline (7 events)Click to expand
- 2026-05-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-08-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-07-31🏢Company incorporatedAs HITCHIT APP LTD
- 2023-07-31➕BILLINGS, Harry David appointeddirector
- 2023-07-31➕NICOL, Christopher James Simpson appointeddirector
- 2023-07-31📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Young company: Only 2.8 years old — management layer unlikely to be developed.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Harry David Billings Individual · English · DOB 04/2004 · age 22 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 31/07/2023 |
Mr Christopher James Simpson Nicol Individual · Scottish · DOB 09/2000 · age 26 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 31/07/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JGML LANDSCAPES LTD→ SC666509 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| JMCC CAPITAL→ SC870202 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| JS JETWASHERS LTD→ SC819219 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KALYAAL GROUP LTD→ SC818137 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KARA KQ LIMITED→ SC839283 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| KATIE MCCLAY HEALTH & BEAUTY LTD→ SC585826 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| KC ADMIN LTD→ SC779898 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KELVINDALE INDUSTRIAL AND BUSINESS SERVICES LIMITED→ SC153338 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| KERSCO (8) LIMITED→ SC397955 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| KEVCO PROPERTIES LIMITED→ SC507837 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| KEVIN W MATTHEWS LIMITED→ SC628469 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| KEY PAYROLL LTD→ SC432987 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.