450

What 450 does

450 plc is a Jersey-incorporated public investment company (legal entity 450 Plc, company number 123424) with a UK establishment at 11 Buckingham Street, London. It was backed by Marwyn, which has launched thirteen comparable acquisition vehicles historically. Its stated mandate at listing was to acquire a platform business in the creative industries, content, media, retail, entertainment, technology, or e-commerce sectors, capitalising on the ongoing transformation of content and media. Marwyn Funds hold 95.36% of the 670,833,336 ordinary shares in issue, with stated capital of £30,791,767 and a single wholly owned subsidiary, MAC (BVI) Limited, used as a Long Term Incentive Plan vehicle.

The company has no operating subsidiaries and is pre-revenue. Its only disclosed income is finance income from bank deposits (£56,531 for the six months ended 31 December 2025), and the loss after tax for that period was £336,492. The balance sheet shows £2,659,711 of cash and cash equivalents and £2,571,425 of net assets at 31 December 2025. The organisation consists solely of its four Directors, with managed services, corporate finance support, and Directors' fees paid to Marwyn Capital LLP (£212,222 in managed services plus recharges). The company does not operate a product, technology, or commercial go-to-market motion.

On 7 October 2025 the company signed non-binding Heads of Terms to acquire Silvercloud Holdings Limited, the sole shareholder of Le Chameau Holdings Limited (a premium heritage rubber-boot brand established in 1927). The proposed transaction would constitute a reverse takeover under Rule 14 of the AIM Rules. The shares were suspended from trading on AIM and were subsequently cancelled from admission on 8 April 2026 pursuant to Rule 41, following a suspension of more than six months. As of the most recent disclosure, the Silvercloud transaction had not completed, leaving the entity in an operating but no-longer-public, pre-acquisition state, still subject to the City Code on Takeovers and Mergers until April 2028.

Name

450

Legal name

450 Plc

Website

https://450plc.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

450 plc is a Jersey-incorporated, Marwyn-backed public acquisition vehicle targeting platform businesses in creative industries, media, retail, entertainment, technology, and e-commerce. Pre-revenue and AIM-delisted in April 2026, it is pursuing the reverse-takeover acquisition of Le Chameau Holdings.

Ownership category

akta.pro rank

Product category

Investment Holding Company

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Management of Companies and Enterprises (5511)

SIC

Investors, Nec (6799)

akta.pro primary industry

Large-Cap / Mega-Fund Buyout (FSANABAA)

akta.pro secondary industries

Equity Capital Introduction & Prime Services (FSACAFAK), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

Keywords

• Special purpose acquisition vehicle
• Investment holding company
• Creative industries investment
• Platform business acquisition
• Media and entertainment investing

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others

Revenue model

1. Pre-revenue / Finance Income: The company is pre-revenue and not yet income generating as it has not yet acquired an operating business. The only income reported is finance income from interest on bank deposits (£56,531 for six months ended 31 December 2025).

Go-to-market motion1 record

Core offering

450 plc is an investment company that raises and deploys capital to acquire platform businesses in the content, media, technology, retail, entertainment, and e-commerce sectors. The company had not yet acquired an operating business and generated no operating revenue; its only income was finance income from interest on bank deposits. As of the latest reporting, the company had signed non-binding Heads of Terms for the potential acquisition of Silvercloud Holdings Limited, the sole shareholder of Le Chameau Holdings Limited (a premium heritage footwear brand established in 1927).

Product overview

450 plc is an investing company focused on building a market leader in the traditional and digital creative industries, capitalising on the ongoing transformation of the content, media, and technology sectors as well as considering opportunities in e-commerce and retail. The company has not yet acquired an operating business and is not yet income generating. As of the source data, the company was pursuing a potential acquisition of Silvercloud Holdings Limited (which owns Le Chameau Holdings Limited, a premium heritage footwear brand established in 1927), though this transaction had not been completed.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Silvercloud Holdings LimitedcoreStrategic or Co-development Partner · 7 October 2025450 plc signed non-binding Heads of Terms for the potential acquisition of the entire issued and to be issued share capital of Silvercloud Holdings Limited, the sole shareholder of Le Chameau Holdings Limited (a premium heritage footwear brand established in 1927, specialising in handmade rubber boots). The Potential Transaction would constitute a reverse takeover under Rule 14 of the AIM Rules. Silvercloud is a Related Party as it is wholly owned by Marwyn Value Investors LP, which is a substantial shareholder of 450 plc.

Scale indicators7 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• BCA Marketplace: Prior Marwyn acquisition vehicle that built the BCA used-vehicle remarketing platform. Demonstrates the same acquisition-then-scale model applied by 450 plc, with James Corsellis on the board.
• Advanced Computer Software: Prior Marwyn acquisition vehicle that acquired and built a vertical-market software platform. Same 'shell-to-platform' playbook as 450 plc, although in a different sector.
• Entertainment One: Marwyn-sponsored acquisition vehicle that acquired, built, and ultimately sold the Entertainment One content business. Closest analogue to 450 plc's structure and target sector (creative industries, media, content).

Direct peers

• Marwyn Value Investors: Investment manager of 450 plc and sponsor of its acquisition strategy. Directly comparable as the parent vehicle and template provider for this and 13 prior acquisition shells.

Emerging players

• Silvergate Media: Children's content IP company founded by Waheed Alli, sold to Sony in 2019. Comparable as a creative-industry platform with strong IP and international distribution — exactly the kind of asset 450 plc is targeting.
• Chorion plc: UK-based family entertainment IP company previously chaired by Waheed Alli. Illustrative of the kind of listed creative-industry platform 450 plc might acquire or emulate.
• Le Chameau (under Silvercloud Holdings): Identified acquisition target of 450 plc; premium heritage rubber-boot brand established in 1927. Directly relevant as the proposed operating platform that would become the core business of 450 plc post-reverse takeover.

Regional players

• ASOS plc: UK-listed creative/digital retail platform chaired by Waheed Alli between 2001 and 2012, growing market cap from £12.3M to £1.9B. Comparable on sector (digital creative retail) and leadership pedigree rather than structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 450