RS24 LTD

🌿Early-stageactive
SC783666 · ltd · incorporated 2023-09-25
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 Sept 2024
Net worth
£6.7k
book net assets
Opportunity
70/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. 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 (71/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £6,735

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£7k
Current Assets
£98k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Total assets£6.7k
Current assets£98.0k
Net assets£6.7k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2025-10-20
    📍
    change-sail-address-company-with-new-address
    address · AD02
  2. 2025-10-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-10-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-08-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2023-09-25
    🏢
    Company incorporated
    As RS24 LTD
  6. 2023-09-25
    FOZDAR, Maksood appointed
    director
  7. 2023-09-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 2.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Maksood Fozdar
Individual · British · DOB 06/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control25/09/2023

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

Active · Wholesale & distribution · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
WESTON IMPORTERS LTD.
SC302951 · est 2006
£518.01M
£388.51M£647.51M
1019y8458y
J GAS LIMITED
SC274899 · est 2004
£15.28M
£11.46M£19.10M
7221y8461y
BEER52 LIMITED
SC449930 · est 2013
£13.17M
£9.87M£16.46M
8412y8469y
MACINTYRE SCOTT & CO. LIMITED
SC017592 · est 1933
£8.29M
£6.21M£10.36M
£73.38M650092y8367y
NISHA ENTERPRISES LIMITED
SC193287 · est 1999
£7.60M
£5.70M£9.51M
£13.56M810027y8766y
SÜDZUCKER UNITED KINGDOM LIMITED
SC506349 · est 2015
£3.74M
£2.80M£4.67M
80010y8466y
THISTLE TIMBER AND BUILDING SUPPLIES LIMITED
SC182761 · est 1998
£3.10M
£2.32M£3.87M
600028y8760y
VAPOTHERM UK LTD
SC370398 · est 2009
£578.6k
£433.9k£723.2k
200016y8563y
ST. ANDREWS TIMBER & BUILDING SUPPLIES (HOLDINGS) LIMITED
SC520551 · est 2015
£391.4k
£293.6k£489.3k
10010y8460y
ORIGIN FITNESS LIMITED
SC339149 · est 2008
£72.4k
£54.3k£90.5k
5718y9859y
DACOLL LIMITED
SC173001 · est 1997 · no financials extracted
29y8393y
LOMOND BOOKS LIMITED
SC317716 · est 2007
160019y8359y
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
Incorporated2023-09-25
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Westpoint 4 Redheughs Rigg
South Gyle
Edinburgh
Midlothian
EH12 9DQ
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-08
Last: 2025-09-24

Officers (1 active · 0 resigned)

FOZDAR, Maksood
director · ~45y · appointed 2023-09-25
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (7 total)

change-sail-address-company-with-new-address
address · AD02
2025-10-20
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-17
gazette-notice-compulsory
gazette · GAZ1
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-07
incorporation-company
incorporation · NEWINC
2023-09-25