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, 2002
                               -------------------------------------------------

                                       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


<PAGE>

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  14,  2002:
85,486,716.

<PAGE>

                                     PART I

                              FINANCIAL INFORMATION

Item 1. Financial Statements.

                                24HOLDINGS INC.
                         (FORMERLY KNOWN AS SCOOP, INC.)

                           CONSOLIDATED BALANCE SHEET

<TABLE>
<CAPTION>
                                                                       June 30, 2002          December 31, 2001
                                                                       --------------         -----------------
                                                                         (Unaudited)
<S>                                                                    <C>                    <C>
                                     ASSETS
Current assets:
Cash and cash equivalents                                                  $ 189,355               $ 1,339,650
Accounts receivable                                                        1,946,947                 1,958,937
Inventory                                                                    159,230                   312,180
Prepaid expenses and other assets                                             53,485                    29,751
                                                                             -------                   -------
  Total current assets                                                     2,349,017                 3,640,518


Loan receivable, related party                                                14,218                    13,519


Property and equipment, net of
  accumulated depreciation and amortization                                1,299,054                 1,264,841


Goodwill, net of accumulated amortization                                    428,991                   408,862
                                                                           --------                  --------

                                                                         $ 4,091,279               $ 5,327,740
                                                                        ============              ============


                      LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities-
Accounts payable and accrued expenses                                    $ 1,858,957               $ 2,745,435
Credit facility                                                              862,386                 1,123,604
Current portion of loan payable, bank                                         97,091                    77,077
                                                                             -------                   -------
  Total current liabilities                                                2,818,434                 3,946,116


Loan payable, bank, less current portion                                     234,590                   271,196

Note Payable, related party                                                        -                   509,436

Deferred taxes                                                                90,400                    91,600

Shareholders' equity:
Preferred stock; $0.001 par value, 5,000,000 authorized,
  no shares issued and outstanding                                                 -                         -
Common stock; $.001 par value,  100,000,000 shares
  authorized 10,660,679 and 85,486,716 shares
  issued and outstanding, respectively                                        36,742                    26,081
Additional paid in capital                                                10,362,233                 9,855,851

Other comprehensive loss                                                    (264,745)                 (331,735)
Accumulated deficit                                                       (9,186,375)               (9,040,805)
                                                                          ----------               -----------
  Total shareholders' equity                                                 947,855                   509,392
                                                                            --------                  --------

                                                                         $ 4,091,279               $ 5,327,740
                                                                        ============              ============
</TABLE>



                                      -1-


<PAGE>

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

<TABLE>
<CAPTION>

                                                   Three months ended    Three months ended    Six months ended    Six months ended
                                                      June 30, 2002        June 30, 2001         June 30, 2002       June 30, 2001
                                                      -------------        -------------         -------------       -------------
                                                       (Unaudited)          (Unaudited)           (Unaudited)        (Unaudited)

<S>                                                <C>                   <C>                   <C>                 <C>

Revenue:                                           $    5,930,663        $   5,333,934         $  10,903,327       $  12,941,764

Cost of Revenue                                         5,440,061            4,743,266             9,961,437          11,622,875
                                                       ----------           ----------            ----------         -----------

Gross profit                                              490,602              590,668               941,890           1,318,889

Operating expenses:
  Distribution costs                                       85,789               96,945               171,197             235,120
  General and adminstrative expenses                      433,427              445,460               854,096           1,067,206
  Depreciation                                             16,125               22,727                33,630              48,726
  Amortization                                                  -              184,585                     -             373,887
 Gain on sale of subsidiary                                     -             (230,322)                    -            (230,322)
                                                       ----------           ----------            ----------         -----------
  Total operating expenses                                535,341              519,395             1,058,923           1,494,618
                                                       ----------           ----------            ----------         -----------

Net income before interest and other
 income and interest expense                              (44,740)              71,273              (117,034)           (175,729)

Interest and other income                                  (1,443)              (4,643)               (2,914)            (10,560)
Interest expense                                           13,212               34,097                31,450              71,822
                                                       ----------           ----------            ----------         -----------

Net income (loss) before provision for income taxes       (56,509)              41,819              (145,570)           (236,991)

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

Net income (loss)                                  $      (56,509)       $      43,619         $    (145,570)      $     (233,391)
                                                   ==============        =============         =============       ==============

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

Weighted average number of shares outstanding -
  basic and diluted                                    95,199,780           85,493,352            90,316,417          85,493,352
                                                   ==============        =============         =============       =============

</TABLE>

See accompanying notes to consolidated financial statements


                                      -2-

<PAGE>


                                24HOLDINGS INC.
                         (FORMERLY KNOWN AS SCOOP, INC.)
                      CONSOLIDATED STATEMENTS OF CASH FLOWS

                INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

<TABLE>
<CAPTION>

                                                                Six months ended     Six months ended
                                                                  June 30, 2002        June 30, 2001
                                                                   (Unaudited)          (Unaudited)

<S>                                                             <C>                  <C>

Cash flows provided by (used for) operating activities:
 Net income (loss)                                              $    (145,570)       $    (233,391)

Adjustments  to reconcile  net income  (loss) to net cash
 provided by (used for) operating activities:
Depreciation                                                           33,630               48,662
Amortization                                                                -              373,364
Gain on sale of subsidiary                                                  -             (230,322)
Foreign currency translation                                           45,589              (74,580)
Other - net                                                                 -                    -

Changes in assets and liabilities:
(Increase) decrease in assets:
Accounts receivable                                                   103,069             (528,228)
Loans receivable, related party                                       (10,607)              35,922
Prepaid expenses                                                      (14,203)              95,513
Inventory                                                             164,935               14,584

Changes in assets and liabilities:
(Increase) decrease in assets:
 Accounts payable and accrued expenses                               (977,535)            (753,544)
 Income taxes payable                                                     785              (11,788)
 Deferred taxes                                                        (1,200)              (3,600)
                                                                -------------        -------------

   Total adjustments                                                 (655,538)          (1,034,017)
                                                                -------------        -------------

   Net cash used for  operating activities                           (801,108)          (1,267,408)

Cash flows provided by (used for) investing activities:
Acquisition of property and equipment                                  (3,969)              14,780
Due to/from related parties                                                 -              (20,013)
                                                                -------------        -------------

   Net cash provided by (used for) investing activities                (3,969)              (5,232)
                                                                -------------        -------------

Cash flows provided by (used for) financing activities:
Proceeds from sale of subsidiary, net of cash sold                          -             (105,879)
Credit facility                                                      (311,469)            (337,351)
Payment on long-term debt, related parties                                  -                    -
Payment on long-term debt, bank                                       (33,749)             (34,116)
                                                                -------------        -------------
   Net cash provided by (used for) financing activities              (345,218)            (477,346)
                                                                -------------        -------------


Net increase (decrease) in cash                                    (1,150,295)          (1,749,987)
Cash, beginning of period                                           1,339,650            2,261,181
                                                                -------------        -------------
Cash, end of period                                             $     189,355        $     511,194
                                                                =============        =============

Supplemental disclosure of cash flow information:
Interest paid                                                   $      73,687        $      53,965
                                                                =============        =============
Income taxes paid                                               $           -        $           -
                                                                =============        =============

Supplemental disclosure of non-cash investing and
financing  activities:
Shares issued upon conversion of long term debt, related party  $     517,043
                                                                =============
</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, 2002


(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, 2001.

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

       Scoop, Inc. changed its name to 24Holdings Inc. on April 2, 2001.

       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, 2002



(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)    Goodwill:

       The Company has adopted SFAS No. 142,  "Goodwill  and Other  Intangibles"
       and accordingly  has ceased  amortizing  Goodwill,  the expense for which
       would have been  approximately  $96,000 for the six months ended June 30,
       2001.  Pursuant to the  standard,  the Company  performed  the first tier
       Goodwill impairment test based on criteria in effect at date of adoption,
       January  1,  2002,  and  determined   that  there  is  no  indication  of
       impairment.  The  Company has not yet  determined  the date of the annual
       impairment test, and therefore may perform the test again before the year
       end December 31, 2002,  but does not expect the result to have a material
       impact on financial position and results of operations.

(4)    Long-term note payable, related party:

       On April 10,  2002,  the Company and its parent  company,  InfiniCom  AB,
       agreed to convert the long-term note payable,  related party, into shares
       of the  Company's  common  stock.  The note  payable was  converted  into
       10,660,679  shares  applying a conversion rate calculated as the weighted
       average stock price over the last 30 trading days, or $0.0485 per share.

(5)    Contingencies:

       On January 28, 2002, the Company's parent company,  InfiniCom AB, applied
       to the Stockholm  District Council for  reconstruction in accordance with
       Swedish  law,  similar  to a  Chapter  11  filing  in the  United  States
       bankruptcy  system.  The parent company is attempting to restructure  its
       debt and emerge from  reconstruction.  If the parent company is unable to
       successfully  emerge  from  reconstruction,  it may affect the  Company's
       ability to get additional  funding to put  management's  plans for future
       expansion  into place.  If this occurs,  one of the  resulting  scenarios
       could be the Company's decision not to continue as a public entity in the
       United States.

(6)    Subsequent event:

       On July 17,  2002,  the Company,  by way of  redundancy,  terminated  the
       employment of Martin Clarke as President and Chief  Executive  Officer of
       the Company.  Under the terms of Mr. Clarke's  employment  agreement with
       the operating  companies,  the Company must pay six months' salary to him
       upon his  termination.  The Company is in  negotiations  on a  compromise
       agreement  for  a  settlement   payment,   with   settlement   amount  of
       approximately nine months' salary, or $115,000.


                                      -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,  2001,  filed  with the  Securities  and  Exchange
Commission.

RESULTS OF OPERATIONS

For the Six Months ended June 30, 2002:

NET SALES.  Net sales for the six months  ended June 30,  2002 were  $10,903,327
compared to $12,941,764  for the six months ended June 30, 2001,  representing a
decrease of 15.8%.  The results for 2001 include  three months of sales from the
Norwegian  operation;  the  Norwegian  operation  was sold on March 31, 2001. In
local  currency,  net sales for the six months  ended  June 30,  2002 for the UK
operations  decreased  by 9% compared  to six months  ended June 30,  2001.  The
reduction in sales was  primarily  attributable  to a drop in demand  across the
market,  although this was partially  offset by lower margin volume export sales
to one specific account. This volume export customer accounted for approximately
5% of net sales in the six months ended June 30, 2002.

GROSS  PROFIT.  Gross profit for the six months ended June 30, 2002 was $941,890
compared to $1,318,889  for the six months ended June 30, 2001,  representing  a
decrease  of 29%.  Gross  profit as a  percentage  of sales was 8.6% for the six
months  ended June 30, 2002  compared to 10.2% for the six months ended June 30,
2001.  $127,000 of the June 2001 Gross profit was from the Norwegian  operation.
The reduction in gross profit in the UK operation is the result of reduced sales
and margins in an increasingly  competitive  market, and the impact of the lower
margin volume export account.

SELLING,   GENERAL   AND   ADMINISTRATIVE   EXPENSES.   Selling,   general   and
administrative  ("SG&A")  expenses  for the six months  ended June 30, 2002 were
$1,025,891  compared  to  $1,302,326  for the six months  ended  June 30,  2001.
$195,000 of the decrease in SG&A is attributable to the closure of the Norwegian
operation. In the UK, the main area of cost reduction was in staffing levels. At
the parent company level,  the  professional and legal costs associated with SEC
filing  requirements have been reduced compared to the six months ended June 30,
2001. This is a result of the Company's  accounting being  simplified  following
the sale of the Norwegian subsidiary.

GOODWILL  AMORTIZATION.  There was no goodwill  amortization  for the six months
ended June 30,  2002,  compared  to $373,887  for the six months  ended June 30,
2001. The reason for the reduction was the implementation of SFAS 142, "Goodwill
and Other Intangibles", at January 1, 2002, which no longer requires goodwill to
be amortized, but periodically tested for impairment.

                                      -6-

<PAGE>

INTEREST EXPENSE.  Interest  expense,  net of interest income for the six months
ended June 30,  2002 was $28,536  compared  to $61,262 for the six months  ended
June 30, 2001,  representing a decrease of 54%. The decrease in interest expense
is the result of the  conversion of interest  bearing  debts to related  parties
into  shares  of  common  stock  and  lower  debtor  financing  costs  in the UK
operations.

INCOME TAXES.  There is a $1,200 income benefit arising from the amortization of
deferred taxes during the six months ended June 30, 2002,  compared to a benefit
of $3,600 during the six months ended June 30, 2001.  The decrease in benefit is
due to an  adjustment  to deferred  taxes at December  31, 2001,  affecting  the
monthly amortization rate.

RESULTS OF OPERATIONS

For the Three Months ended June 30, 2002:

NET SALES.  Net sales for the three months  ended June 30, 2002 were  $5,930,663
compared to $5,333,934 for the three months ended June 30, 2001, representing an
increase of 11%. In local  currency for the three months ended June 30, 2002 net
sales for the UK operations increased by 7% over last year. Approximately 25% of
these sales were to the volume export account.

GROSS  PROFIT.  Gross  profits  for the three  months  ended June 30,  2002 were
$490,602  compared  to  $590,668  for the  three  months  ended  June 30,  2001,
representing a decrease of 17%. Gross profits as a percentage of sales were 8.3%
for the three months ended June 30, 2002  compared to 11.1% for the three months
ended June 30, 2001.  The main reason for the decrease was the low margin on the
high volume export account.

SELLING,   GENERAL   AND   ADMINISTRATIVE   EXPENSES.   Selling,   general   and
administrative  ("SG&A")  expenses for the three months ended June 30, 2002 were
$519,814  compared to $542,405 for the three months ended June 30, 2001.  In the
operating companies,  SG&A costs, in local currency,  were down 13%, mainly as a
result  of  reduced  costs  in  staff  levels.  At  the  parent  company  level,
professional  and legal  costs  associated  with SEC  filing  requirements  have
decreased  compared to the six months ended June 30,  2001.  This is a result of
the Company's  accounting being  simplified  following the sale of the Norwegian
subsidiary.

GOODWILL  AMORTIZATION.  There was no goodwill amortization for the three months
ended June 30,  2002,  compared to $184,585  for the three months ended June 30,
2001. The reason for the reduction was the implementation of SFAS 142, "Goodwill
and Other Intangibles", at January 1, 2002, which no longer requires goodwill to
be amortized, but periodically tested for impairment.

INTEREST EXPENSE.  Interest expense, net of interest income for the three months
ended June 30, 2002 was $11,769  compared to $29,395 for the three  months ended
June 30, 2001. The decrease in interest expenses is the result of the conversion
of interest  bearing  debts to related  parties  into shares of common stock and
lower debtor financing costs in the UK operations.

INCOME TAXES.  There is a $600 income benefit  arising from the  amortization of
Deferred  taxes  during the three  months  ended June 30,  2002,  compared  to a
benefit of $1,800 during the



                                      -7-

<PAGE>

three  months  ended  June  30,  2001.  The  decrease  in  benefit  is due to an
adjustment  to  Deferred  taxes at  December  31,  2001,  affecting  the monthly
amortization rate.

LIQUIDITY AND CAPITAL RESOURCES

Cash and cash equivalents at June 30, 2002 were $189,355  compared to $1,399,650
as of December 31, 2001.  This decrease is primarily due to the position of cash
advances on the revolving  line of credit at year end and at June 30, 2002,  and
the timing of payments to creditors at year end and at June 30, 2002.

As of June 30,  2002 the  Company  had a working  capital  deficit  of  $468,419
compared to a working  capital deficit of $305,598 as of December 31, 2001. This
was  attributable to the loss from operations in the quarter,  and the reduction
in cash position due to cash used to pay down the long-term bank loans payable.

$3,968 in cash was used by investing activities in the six months ended June 30,
2002 compared to $5,233 used in six months ended June 30, 2001.

In its United  Kingdom  operating  subsidiaries  the Company has (1) a revolving
line of credit based on 70% of eligible  receivables and (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%.

On April 10, 2002, the Company and InfiniCom AB (its parent  company)  agreed to
convert the Note Payable due to InfiniCom of $516,724  (5,361,735 Swedish Krona)
into 10,660,679 shares of the Company's Common Stock.

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.

       99.1   Certification  Pursuant  to 18 U.S.C.  Section  1350,  as  Adopted
              Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

       99.2   Certification  Pursuant  to 18 U.S.C.  Section  1350,  as  Adopted
              Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

(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 15, 2002                 24HOLDINGS INC.

                                       By: /s/ Michael Neame
                                           -------------------------------------
                                           Michael Neame
                                           President and Chief Executive Officer

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


























                                  -10-