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Number 070 2407 2029 is potentially valid.
Ofcom records show that numbers starting 070240 are allocated to Magrathea Telecommunications Limited. Note that due to number portability if an individual number has moved to a different operator this information is not publicly available.
Ofcom's last recorded change for this number range was May 2005.
The correct way to write number beginning 070 is in the format 070 xxxx xxxx
For more information on tariffs and usage of numbers starting 070 please visit the page on 070 numbers
A table of the code allocations for numbers starting 070 is available