11:11 SYSTEMS UK LIMITED

📈Growthactive
06366153 · ltd · incorporated 2007-09-10
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 9.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Data processing, hosting and related activities
Sector: Information & communication
Investor take
Pursue
Conservative operator. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (80/100).

🏦

Refinance opportunity

1 live charge · oldest 9.9y

95/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 9.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 6 with DOB)
83
Ownership & PSC
0 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,284,974

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Profit before tax£1.28M£101.3k
Average employees656600

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2025-10-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-09-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2025-08-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-08-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-08-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-08-27
    SHALHOUB, Mark appointed
    director
  7. 2025-08-27
    BAUM, Andrew James resigned
    director
  8. 2025-08-27
    EMMERT, Jonathan Adam resigned
    director
  9. 2025-01-10
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  10. 2024-09-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2023-09-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2022-09-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2022-02-04
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  14. 2022-01-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2022-01-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2022-01-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2022-01-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2022-01-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2022-01-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2022-01-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2022-01-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  22. 2022-01-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2022-01-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2021-12-23
    DIAMOND, Brett Edward appointed
    director
  25. 2021-12-23
    USSHER, Eduardo Brian resigned
    secretary
  26. 2021-12-23
    BAUM, Andrew James appointed
    director
  27. 2021-12-23
    EMMERT, Jonathan Adam appointed
    director
  28. 2021-12-23
    SPARVERO, Scott Robert resigned
    director
  29. 2021-12-23
    USSHER, Eduardo Brian resigned
    director
  30. 2021-09-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  31. 2016-05-24
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  32. 2007-09-10
    🏢
    Company incorporated
    As 11:11 SYSTEMS UK LIMITED
  33. 2007-09-10
    USSHER, Eduardo Brian appointed
    secretary
  34. 2007-09-10
    JPCORS LIMITED appointed
    corporate-secretary
  35. 2007-09-10
    JPCORS LIMITED resigned
    corporate-secretary
  36. 2007-09-10
    SPARVERO, Scott Robert appointed
    director
  37. 2007-09-10
    USSHER, Eduardo Brian appointed
    director
  38. 2007-09-10
    JPCORD LIMITED appointed
    corporate-director
  39. 2007-09-10
    JPCORD LIMITED resigned
    corporate-director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BAUM, Andrew James resigned 2025-08-27; EMMERT, Jonathan Adam resigned 2025-08-27

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-01-10: certificate-change-of-name-company

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2007-09-10
Jurisdictionengland-wales
Primary SIC63110 — Data processing, hosting and related activities

Registered office

The Courtyard, High Street
Ascot
Berkshire
SL5 7HP

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-24
Last: 2025-09-10

Officers (2 active · 7 resigned)

DIAMOND, Brett Edward
director · ~49y · appointed 2021-12-23
View their other companies + combined net worth →
Active
SHALHOUB, Mark
director · ~49y · appointed 2025-08-27
View their other companies + combined net worth →
Active
USSHER, Eduardo Brian
secretary · appointed 2007-09-10 · resigned 2021-12-23
Resigned
JPCORS LIMITED
corporate-secretary · appointed 2007-09-10 · resigned 2007-09-10
Resigned
BAUM, Andrew James
director · ~40y · appointed 2021-12-23 · resigned 2025-08-27
Resigned
EMMERT, Jonathan Adam
director · ~52y · appointed 2021-12-23 · resigned 2025-08-27
Resigned
SPARVERO, Scott Robert
director · ~59y · appointed 2007-09-10 · resigned 2021-12-23
Resigned
USSHER, Eduardo Brian
director · ~59y · appointed 2007-09-10 · resigned 2021-12-23
Resigned
JPCORD LIMITED
corporate-director · appointed 2007-09-10 · resigned 2007-09-10
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property24/05/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
change-person-director-company-with-change-date
officers · CH01
2025-10-08
accounts-with-accounts-type-full
accounts · AA
2025-09-15
termination-director-company-with-name-termination-date
officers · TM01
2025-08-28
termination-director-company-with-name-termination-date
officers · TM01
2025-08-28
appoint-person-director-company-with-name-date
officers · AP01
2025-08-28
certificate-change-of-name-company
change-of-name · CERTNM
2025-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
accounts-with-accounts-type-full
accounts · AA
2024-09-24
accounts-with-accounts-type-full
accounts · AA
2023-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-12
accounts-with-accounts-type-full
accounts · AA
2022-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2022-02-04
change-person-director-company-with-change-date
officers · CH01
2022-01-04