SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 10-Q

(Mark One)

/X/  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934

For the quarterly period ended June 30, 2001
                               -------------

                                       OR

/ /  TRANSITION  REPORT  PURSUANT  TO SECTION  13 OR 15(d) OF THE  SECURITIES
     EXCHANGE ACT OF 1934

For the transition period from ________________________ to _____________________


                        Commission file number 000-22281

                                 24HOLDINGS INC.
             (Exact name of registrant as specified in its charter)

             DELAWARE                                  33-0726608
 (State or other jurisdiction of           (I.R.S. Employer Identification No.)
  incorporation or organization)

                                  Cyberia House
                           Church Street, Basingstoke
                               Hampshire RG21 7QN
                                 United Kingdom
                    (Address of Principal Executive Offices)

                                +44 1256 867 800
                               (Telephone number)

     Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the  Securities  Exchange Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
Registrant was required to file such reports),  and (2) had been subject to such
filing requirements for the past 90 days. Yes X   No
                                             ---     ---

              APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY
                  PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

     Indicate by check mark whether the  registrant  has filed all documents and
reports  required  to be  filed by  Section  12,  13 or 15(d) of the  Securities
Exchange Act of 1934 subsequent to the  distribution of securities  under a plan
confirmed by a court. Yes X    No
                         ---      ---

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

     Number  of  shares  of  Common  Stock   outstanding  at  August  13,  2001:
85,486,716.

<PAGE>
                                     PART I
                              FINANCIAL INFORMATION

Item 1.  Financial Statements.

                                24HOLDINGS INC.
                         (FORMERLY KNOWN AS SCOOP, INC.
                           CONSOLIDATED BALANCE SHEET)

                                                June 30, 2001  December 31, 2000
                                                -------------  -----------------
                                                 (Unaudited)
                         ASSETS

Current assets:

Cash and cash equivalents                      $      511,194     $   2,261,181
Accounts receivable                                 3,466,558         3,464,412
Inventory                                             465,658           652,362
Prepaids and other current assets                      30,583            43,111
                                               ---------------    --------------
     Total current assets                           4,473,993         6,421,066

Loan receivable, related party                              -           100,200

Property and equipment, net of accumulated
     depreciation and amortization                  1,274,907         1,414,994

Goodwill, net of accumulated amortization           2,029,667         2,519,996
                                               ---------------    --------------

                                               $    7,778,567     $  10,456,256
                                               ===============    ==============

          LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

Accounts payable and accrued expenses          $    2,764,093     $   4,918,228
Credit facility                                     1,292,981         1,704,704
Accrued expenses and other current liabilities        432,370                 -
Income taxes payable                                                     10,773
Short term loans, related party                       546,390           617,406
Current portion of loan payable                        89,767            54,223
                                               ---------------    --------------

     Total current liabilities                      5,125,601         7,305,334

Loan payable, bank less current portion               288,687           381,396

Deferred taxes                                        334,400           338,000

Shareholders' equity:

Preferred stock; $0.001 par value, 5,000,000
  authorized, no shares issued and outstanding              -                 -
Common stock; $0.001 par value,  100,000,000
  authorized, 85,493,352 shares issued and
  outstanding                                          26,081            26,081
Additional paid in capital                          9,855,851         9,855,851
Other comprehensive loss                             (340,367)         (232,572)
Accumulated deficit                                (7,511,686)       (7,217,834)
                                               ---------------    --------------
     Total shareholders' equity                     2,029,879         2,431,526
                                               ---------------    --------------

                                               $    7,778,567     $  10,456,256
                                               ===============    ==============
See accompanying notes to consolidated financial statements

                                      1
<PAGE>

<TABLE>
<CAPTION>


                                        24HOLDINGS INC.
                                   (FORMERLY KNOWN AS SCOOP, INC.)
                           CONSOLIDATED STATEMENTS OF INCOME (OPERATIONS)

                             Three months      Three months        Six months      Six months
                                ended              ended             ended           ended
                            June 30, 2001     June 30, 2000       June 30, 2001   June 30, 2000
                            -------------     -----------------   -------------   -------------
                             (Unaudited)        (Unaudited)        (Unaudited)     (Unaudited)

<S>                         <C>                 <C>               <C>             <C>
Revenue:                    $5,333,934          $5,482,773        $12,941,764     $13,352,081

Cost of Revenue              4,743,266           4,992,089         11,622,875      12,086,185
                            ----------          ----------        -----------     -----------

Gross profit                   590,668             490,684          1,318,889       1,265,896

Operating expenses:
   Distribution costs           96,945             100,851            235,120         251,474
   General and
     administrative expenses   445,460             765,124          1,067,206       1,547,817
   Depreciation                 22,727              27,590             48,726          56,689
   Amortization                184,585             153,212            373,887         330,260
   Gain on sale of
     subsidiary               (230,322)                  -           (230,322)              -
   Total operating expenses    519,395           1,046,777          1,494,618       2,186,240
                            ----------          ----------        -----------     -----------

Net income before
  interest and other income
  and interest expense          71,273            (556,093)          (175,729)       (920,344)

Interest and other income       (4,643)             (2,134)           (10,560)         (5,249)
Interest expense                34,097               4,494             71,822         204,823
                            ----------          ----------        -----------     -----------

Net income before provision
  for income taxes              41,819            (558,453)          (236,991)     (1,119,918)

Provision for income taxes      (1,800)            (19,450)            (3,600)        (19,450)
                            ----------          ----------        -----------     -----------

Net income (loss)           $   43,619          $ (539,003)       $  (233,391)    $(1,100,468)
                            ==========          ==========        ===========     ===========

Net loss per share -
   basic and diluted        $     0.00          $    (0.01)       $     (0.00)    $     (0.01)
                            ==========          ==========        ===========     ===========

Weighted average number
   of shares outstanding -
   basic and diluted        85,493,352          85,486,716         85,493,352      76,859,981
                            ==========          ==========        ===========     ============

</TABLE>

See accompanying notes to consolidated financial statements

                                      2
<PAGE>

<TABLE>
<CAPTION>
                                                  24HOLDINGS INC.
                                          (FORMERLY KNOWN AS SCOOP, INC.)
                                       CONSOLIDATED STATEMENTS OF CASH FLOWS
                                  INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

                                                       Six months          Six months
                                                          ended               ended
                                                      June 30, 2001      June 30, 2000
                                                      -------------      -------------
                                                        (Unaudited)       (Unaudited)


<S>                                                     <C>               <C>
Cash flows provided by (used for)
  operating activities:
 Net income (loss)                                      $(233,391)        $(1,100,468)


Adjustments to reconcile net income (loss) to
 net cash provided by (used for) operating
 activities:
Depreciation                                               48,662              56,689
Amortization                                              373,364             330,260
Gain on sale of subsidiary                               (230,322)                  -
Foreign currency translation                              (74,580)             45,304
Other - net                                                     -             (33,699)


Changes in assets and liabilities:
(Increase) decrease in assets:
Accounts receivable                                      (528,228)             37,998
Loans receivable, related party                            35,922                   -
Prepaid expenses                                           95,513                   -
Inventory                                                  14,584            (724,199)


Changes in assets and liabilities:
(Increase) decrease in assets:
  Accounts payable and accrued expenses                  (753,544)           (677,277)
  Income taxes payable                                    (11,788)            (41,911)
  Deferred taxes                                           (3,600)                  -
                                                       ----------          ----------

   Total adjustments                                   (1,034,017)         (1,006,836)
                                                       ----------          ----------
    Net cash used for  operating activities            (1,267,408)         (2,107,304)


Cash flows provided by (used for) investing
  activities:
Acquisition of property and equipment                      14,780             (29,981)
Due to/from related parties                               (20,013)             60,120
Group distribution, common ownership                            -                   -

     Net cash provided by (used for) investing         ----------          -----------
      activities                                           (5,232)             30,140
                                                       ----------          -----------


Cash flows provided by (used for) financing activities:
Proceeds from issuance of common stock                          -           1,870,426
Proceeds from sale of subsidiary, net of cash sold       (105,879)
Credit facility                                          (337,351)
Payment on long-term debt, related parties                     -           (1,351,255)
Payment on long-term debt, bank                           (34,116)            (33,883)
                                                       ----------         -----------

    Net cash provided by (used for) financing
      activities                                         (477,346)            485,288
                                                       ----------         -----------


Net increase (decrease) in cash                        (1,749,987)         (1,591,876)
Cash, beginning of period                               2,261,181           1,860,445
                                                       ----------          ----------
Cash, end of period                                    $  511,194          $  268,569
                                                       ==========          ==========


Supplemental disclosure of cash flow information:

  Interest paid                                         $  53,965           $  73,687
                                                        =========           =========
  Income taxes paid                                     $       -           $   1,149
                                                        =========           =========


Supplemental disclosure of non-cash investing and
  financing activities:
  Shares issued in satisfaction of debt                                     8,008,441
                                                                            =========

</TABLE>

See accompanying notes to consolidated financial
statements

                                      3

<PAGE>


                                 24HOLDINGS INC.
                         (formerly known as Scoop, Inc.)

                          NOTES TO FINANCIAL STATEMENTS

                         SIX MONTHS ENDED JUNE 30, 2001


(1)  Description of Business:

     Interim Financial Statements:

     The accompanying  financial statements include all adjustments  (consisting
     of  only  normal  recurring  accruals),   which  are,  in  the  opinion  of
     management,  necessary for a fair presentation of the results of operations
     for the periods presented.  Interim results are not necessarily  indicative
     of the results to be expected  for a full year.  The  financial  statements
     should be read in conjunction with the financial statements included in the
     annual report of 24Holdings Inc. and subsidiaries on Form 10-K for the year
     ended December 31, 2000.

     General:

     24Holdings  Inc.,  formerly  known  as  Scoop,  Inc.  ("24Holdings"  or the
     "Company"),  was incorporated in 1996 in the state of Delaware as an online
     news provider.  In July 1998, the Company filed a petition for relief under
     Chapter 11 of the federal  bankruptcy laws in the United States  Bankruptcy
     Court for the Central  District  of  California.  In  September  1999,  the
     Company filed a Plan of Reorganization  ("Plan") with the Bankruptcy Court.
     The Plan was  confirmed  on  October  5, 1999.  Pursuant  to the Plan,  the
     Company was  acquired in a reverse  merger with 24STORE  (Europe)  Limited,
     formerly known as  24STORE.com  Limited  ("24STORE"),  whose parent company
     acquired 91% of the  outstanding  shares of the Company,  or  60,783,219 of
     newly issued shares, in exchange for all the outstanding shares of 24STORE.

     24STORE was  incorporated  July 28,  1998 in England  and Wales,  and was a
     wholly owned  subsidiary of InfiniCom AB, a publicly  listed company on the
     SBI  market  in  Sweden,  whose  principal  activity  is that of a  holding
     company.  On April 9, 1999 24STORE entered into a Share Purchase Agreement,
     whereby it acquired from its parent company several companies registered in
     Sweden and Norway. This transaction was treated as a reorganization. All of
     the Swedish  entities either entered  bankruptcy or ceased  operations soon
     after transfer.

     On May 6, 1999,  24STORE acquired three companies  registered in the United
     Kingdom, related through common ownership.

     All  the  consolidated   entities  are  in  the  business  of  selling  and
     distributing consumer and commercial electronic products in Europe.



                                       4

<PAGE>

                                 24HOLDINGS INC.
                         (formerly known as Scoop, Inc.)

                          NOTES TO FINANCIAL STATEMENTS

                         SIX MONTHS ENDED JUNE 30, 2001



(2)  Principles of Consolidation:

     The accompanying consolidated statements include the accounts of 24Holdings
     Inc.  and  subsidiaries.  All  significant  intercompany  transactions  and
     accounts have been eliminated.

     The  financial  statements  of  subsidiaries  outside the United States are
     generally  measured using the local  currency as the  functional  currency.
     Accordingly,  assets and  liabilities  are translated at year-end  exchange
     rates,  and operating  statement  items are translated at average  exchange
     rates prevailing during the year. The resulting translation adjustments are
     recorded as other comprehensive income. Exchange adjustments resulting from
     foreign  currency  transactions  are included in the  determination  of net
     income (loss).


(3)  Sale of Subsidiary:

     Due to the continued losses of the Company's Norwegian subsidiary,  24STORE
     AS, the Company made a determination  during March 2001 to divest itself of
     the Norwegian subsidiary. On April 1, 2001, the Company, disposed of all of
     the issued shares of 24STORE AS, for 1.00 Pound Sterling,  or approximately
     $1.45.  Following  this  transaction  the  Company  has no further  rights,
     liabilities or obligations  with regard to 24STORE AS. The transaction does
     not qualify for  accounting  treatment as a  discontinued  operation as the
     subsidiary is in the same line of business as the Company.  No loss will be
     recognized  on  this   disposition;   all  goodwill   associated  with  the
     subsidiary's  acquisition  was previously  written off in recognition of an
     impairment  loss  on  the  investment.  Furthermore,  as a  result  of  the
     subsidiary  having  negative  net assets,  the  Company  recorded a gain on
     disposition in the second quarter of 2001.




                                       5

<PAGE>

Item 2. Management's  Discussion and Analysis of Financial Condition and Results
        of Operations.

The following  discussion and analysis  provides  information  which  management
believes is relevant to an assessment and understanding of the Company's interim
results of operations and financial condition. This discussion should be read in
conjunction with Management's Discussion and Analysis of Financial Condition and
Results of Operations  included in the Company's  Annual Report on Form 10-K for
the year ended  December  31,  2000,  filed  with the  Securities  and  Exchange
Commission.

RESULTS OF OPERATIONS

For the Six Months ended June 30, 2001:

NET SALES.  Net sales for the six months  ended June 30,  2001 were  $12,941,764
compared to  $13,352,081  for the six months ended June 30, 2000  representing a
decrease  of 3.1%.  The  results  for 2000  include 6 months  of sales  from the
Norwegian operation;  the results for 2001 only include three months of sales in
Norway as the operation  was sold on April 1, 2001. In local  currency net sales
for the six months ended June 30, 2001 for the UK operations increased by 6%.

GROSS  PROFIT.  Gross  profits  for the six  months  ended  June 30,  2001  were
$1,318,889  compared  to  $1,265,896  for the six  months  ended  June 30,  2000
representing  an increase of 4.0%.  Gross  profits as a percentage of sales were
10.2% for the six months ended June 30, 2001 compared to 9.5% for the six months
ended June 30, 2000.  The  improvement  in gross profit  between  periods is the
result  of a change in sales mix in the UK from  distribution  customers  to end
user customers.

SELLING,   GENERAL   AND   ADMINISTRATIVE   EXPENSES.   Selling,   general   and
administrative  ("SG&A")  expenses  for the six months  ended June 30, 2001 were
$1,302,326  compared to $1,799,291  for the six months ended June 30, 2000.  The
decrease in the operational companies is primarily  attributable to the weakness
of  local  currencies  against  the US  Dollar  and the  sale  of the  Norwegian
operations on April 1, 2001. In local  currencies the SG&A expenses  showed a 3%
increase. In the parent company the reduction in SG&A expenses is due to reduced
professional  and legal  costs  compared  with the  costs  incurred  during  the
previous period in order to bring the Company into compliance with SEC reporting
requirements.

GOODWILL AMORTIZATION. Goodwill amortization,  reflecting the excess of purchase
price of the May 1999  acquisition  over the fair value of the assets  acquired,
for the six months ended June 30, 2001 was $373,887 compared to $330,260 for the
six months  ended  June 30,  2000.  The  difference  is due to foreign  currency
exchange rate fluctuations between periods.

PROFIT ON SALE OF THE NORWEGIAN COMPANY. The Norwegian company was sold on April
1, 2001 for a nominal amount. However because the Norwegian company had negative
net assets and the  original  investment  by the Company had been fully  written
off, the sale resulted in a profit on disposal in the  consolidated  accounts of
the Company.

INTEREST EXPENSE.  Interest  expense,  net of interest income for the six months
ended June 30, 2001 was $61,262  compared to $199,574  for the six months  ended
June 30,  2000  representing  a decrease  of 69.3%.  The  decrease  in  interest
expenses is  primarily  attributable  to the Company now having  lower  interest
bearing  debts to  related  parties  following  the  restructuring  of debt that
occurred on March 24, 2000.  See  discussion in "Part II - Item 7 - Management's
Discussion and Analysis of Financial Condition and Results of Operations" of the
company's  annual  report on Form 10-K for the fiscal  year ended  December  31,
2000, filed with the Securities and Exchange Commission.

INCOME  TAXES.  In the six months  ended  June 30,  2001 there was an income tax
credit of $3,600  compared to an income tax credit in the six months  ended June
30, 2000 of $19,450. This credit in June 2001 is a reduction in the deferred tax
accrual,  the credit in June 2000 is the  result in an over  accrual of taxes in
the UK operating company from the previous year.

                                       6

<PAGE>

RESULTS OF OPERATIONS

For the Three Months ended June 30, 2001:

NET SALES.  Net sales for the three months  ended June 30, 2001 were  $5,333,934
compared to $5,482,773 for the three months ended June 30, 2000,  representing a
decrease  of 3.0%.  The  results  for 2000  include 3 months  of sales  from the
Norwegian operation,  which was sold April 1, 2001. In local currency, Net sales
for the three  months  ended June 30, 2001 for the UK  operations  increased  by
5.2%.

GROSS  PROFIT.  Gross  profits  for the three  months  ended June 30,  2001 were
$590,668  compared  to  $490,684  for the  three  months  ended  June 31,  2000,
representing  an increase of 16.6%.  Gross profits as a percentage of sales were
11.1% for the three  months  ended June 30, 2001  compared to 8.9% for the three
months ended June 30, 2000. The  improvement in gross profit between  periods is
the result of a change in sales mix in the UK from distribution customers to end
user customers.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES. SG&A expenses for the three months
ended June 30, 2001 were  $542,405  compared to  $865,975  for the three  months
ended June 30,  2000.  The  decrease in the  operational  companies is primarily
attributable  to a reduction of local  currencies  against the US Dollar and the
sale of the Norwegian  operation.  In local  currencies  SG&A expenses show a 9%
increase,  mainly the result of an  increase in the sales  force.  In the parent
company the reduction in SG&A expenses is due to reduced  professional and legal
costs  compared with the costs incurred  during the previous  period in order to
bring the Company into compliance with SEC reporting requirements.

GOODWILL AMORTIZATION. Goodwill amortization,  reflecting the excess of purchase
price of the May 1999 acquisition  over fair value of assets  acquired,  for the
three months ended June 30, 2001 was $184,585 compared to $153,212 for the three
months ended June 30, 2000. The difference is due to foreign  currency  exchange
rate fluctuations between periods.

PROFIT ON SALE OF THE NORWEGIAN COMPANY. The Norwegian company was sold on April
1, 2001 for a nominal amount. However because the Norwegian company had negative
net assets and the  original  investment  by the Company had been fully  written
off, the sale resulted in a profit on disposal in the  consolidated  accounts of
the Company.

INTEREST EXPENSE.  Interest expense, net of interest income for the three months
ended June 30, 2001 was $29,454  compared to $2,360 for the three  months  ended
June 30,  2000.  The  increase  in  interest  expenses  is the result of accrued
interest  on loans  from  related  companies  agreed to in  December  2000.  See
discussion  in "Part  II - Item 7 -  Management's  Discussion  and  Analysis  of
Financial Condition and Results of Operations" of the company's annual report on
Form 10-K for the fiscal year ended December 31, 2000, filed with the Securities
and Exchange Commission.

INCOME  TAXES.  In the three  months ended June 30, 2001 there was an income tax
credit of $1,800  compared to an income tax in the three  months  ended June 30,
2000 of $19,450.  This credit in June 2001 is a reduction  in the  deferred  tax
accrual,  the  credit in June 2000 is the  result in an over  accrual  in the UK
operating company from the previous year.



LIQUIDITY AND CAPITAL RESOURCES

Cash and cash equivalents at June 30, 2001 were $511,194  compared to $2,261,181
as of December 31, 2000.  This decrease is primarily due to the position of cash
advances on the revolving line of credit at year end and at June 30, 2001,  also
the  timing  of  payments  to  creditors  at year end and at June 30,  2001.  In
addition the reported  cash  position was further  reduced by weakening  foreign
exchange rates in translation into US Dollars.


                                       7

<PAGE>


Cash used by  operating  activities  for the six months  ended June 30, 2001 was
$1,267,408  compared to net cash used by operating  activities  of $2,107,304 in
the six months ended June 30, 2000.  The cash used for both years,  reflects the
timing of  payments  to  creditors  at period end 2001 and  year-end  2000.  The
improvement on the first six months of 2001 against the first six months of 2000
is a result of the improvement in profitability in the UK operating  company and
reduced professional costs of the parent company. These improvements were offset
by changes in current assets.

At June 30, 2001 the Company had a working capital deficit of $651,607  compared
to a working capital deficit of $884,270 as of December 31, 2000.

Cash used by  investing  activities  was $5,232 in the six months ended June 30,
2001 compared to cash provided of $30,140 in June 30, 2000.

Cash used for financing activities was $477,346 in the six months ended June 30,
2001,  representing  payments on bank loans and on the Company's credit facility
which was not being  utilized  at June 30,  2000.  Cash  provided  by  financing
activities in the six months ended June 30, 2000 was $485,288,  representing the
net effect of capital  raised  through the sale of stock and the  retirement  of
long term debt to related parties.

In its UK operating  subsidiaries the Company has (1) a revolving line of credit
based on 70% of eligible receivables,  (2) a ten year mortgage expiring in 2008,
secured by the underlying  property and (3) a $75,000  overdraft  facility.  The
mortgage,  the revolving line of credit and the overdraft facility bear interest
at the prime rate plus 2%.

Item 3.  Quantitative and Qualitative Disclosures About Market Risk.

The Company does not hold any derivative  financial  instruments.  However,  the
Company is exposed to interest rate risk.  The Company  believes that the market
risk  arising  from  holdings  of its  financial  instruments  is not  material.
However,  all of the Company's  operations are conducted  through its subsidiary
24STORE and  denominated in British pounds sterling or, prior to the sale of its
Norwegian  subsidiary,  Norwegian Kroner, and none of the Company's revenues are
generated in US Dollars. For consolidation  purposes, the assets and liabilities
of 24STORE are converted to US Dollars using year-end exchange rates and results
of  operations  are  converted  using a monthly  average  rate  during the year.
Fluctuations  in the currency rates between the United  Kingdom,  Norway and the
United  States may give rise to material  variances in reported  earnings of the
Company.







                                       8

<PAGE>


                                     PART II
                                OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K.

(a)      Exhibits.

         None.

(b)      Reports on Form 8-K.

         No reports on Form 8-K were filed  during the  quarter  for which this
report is filed.








                                       9


<PAGE>


                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

Date:  August 14, 2001             24HOLDINGS INC.

                                   By: /s/ Martin Clarke
                                       ----------------------------------------
                                       Martin Clarke
                                       President and Chief Executive Officer

                                   By: /s/ Roger Woodward
                                       ----------------------------------------
                                       Roger Woodward
                                       Chief Financial Officer and
                                       Principal Accounting Officer









                                       10