1ST FOR STORAGE LIMITED

💤Zombieactive
03608852 · ltd · incorporated 1998-08-03
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Average employees400400

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2024-10-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2024-10-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-12-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-11-30
    COEN, Theresa Pauline resigned
    director
  8. 2023-05-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-05-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-03-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2019-05-31
    SANSOM, Terrence Arthur resigned
    director
  14. 2019-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-04-24
    📄
    capital-return-purchase-own-shares
    capital · SH03
  17. 2018-03-22
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2016-11-18
    COEN, Theresa Pauline appointed
    director
  19. 2010-06-30
    PUTTERILL, Steven resigned
    director
  20. 2004-09-09
    SULLIVAN, Mina Jean appointed
    director
  21. 2002-06-26
    COEN, Theresa Pauline appointed
    secretary
  22. 2002-06-18
    PUTTERILL, Steven appointed
    director
  23. 2002-03-25
    PUTTERILL, Theresa resigned
    secretary
  24. 2002-03-25
    PUTTERILL, Steven resigned
    director
  25. 2001-03-01
    LINTON, David resigned
    director
  26. 2000-11-01
    PUTTERILL, Steven resigned
    secretary
  27. 2000-11-01
    PUTTERILL, Theresa appointed
    secretary
  28. 2000-11-01
    PUTTERILL, Steven appointed
    director
  29. 2000-11-01
    SULLIVAN, Sean resigned
    director
  30. 1998-11-02
    SANSOM, Terrence Arthur appointed
    director
  31. 1998-11-02
    SULLIVAN, Sean appointed
    director
  32. 1998-08-03
    🏢
    Company incorporated
    As 1ST FOR STORAGE LIMITED
  33. 1998-08-03
    PUTTERILL, Steven appointed
    secretary
  34. 1998-08-03
    LINTON, David appointed
    director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Mina Jean Sullivan
Individual · New Zealander · DOB 09/1948 · age 78
2550%
25-50% shares03/03/2018
Mr Terrence Arthur Sansom (Deceased)
Individual · British · DOB 08/1937 · age 89
2550%
25-50% shares03/03/2018
Ms Theresa Pauline Coen
Individual · Irish · DOB 06/1952 · age 74
sig. influencesignificant influence22/11/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Trade services · SE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1251 PROJECTS LIMITED
16395086 · est 2025 · no financials extracted
1y
13-14 HAMPSTEAD CLOSE RTM COMPANY LIMITED
07746049 · est 2011 · no financials extracted
14y
14 FLOYD ROAD RTM COMPANY LIMITED
06048031 · est 2007 · no financials extracted
19y
163 KENNINGTON PARK ROAD FLATS MANAGEMENT LIMITED
02969314 · est 1994 · no financials extracted
31y
165 UPLAND ROAD MANAGEMENT COMPANY LIMITED
06680493 · est 2008 · no financials extracted
17y
2 DULWICH ROAD MANAGEMENT LIMITED
04177842 · est 2001 · no financials extracted
25y
21 CECILIA RD MANAGEMENT LTD
16774003 · est 2025 · no financials extracted
215 LORDSHIP LANE RTM COMPANY LIMITED
06810776 · est 2009 · no financials extracted
17y
24KERATS LTD
16072634 · est 2024 · no financials extracted
1y
25 CARNARVON RD RTM COMPANY LTD.
08986256 · est 2014 · no financials extracted
12y
2NDSTAGE LIMITED
15109667 · est 2023 · no financials extracted
2y
2SAL CAPITAL VENTURES LTD
10396747 · est 2016 · no financials extracted
9y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1998-08-03
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

213 Carlisle Lane
Waterloo
London
London
SE1 7LH

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05

Officers (2 active · 8 resigned)

COEN, Theresa Pauline
secretary · appointed 2002-06-26
View their other companies + combined net worth →
Active
SULLIVAN, Mina Jean
director · ~78y · appointed 2004-09-09
View their other companies + combined net worth →
Active
PUTTERILL, Steven
secretary · appointed 1998-08-03 · resigned 2000-11-01
Resigned
PUTTERILL, Theresa
secretary · appointed 2000-11-01 · resigned 2002-03-25
Resigned
COEN, Theresa Pauline
director · ~74y · appointed 2016-11-18 · resigned 2023-11-30
Resigned
LINTON, David
director · ~62y · appointed 1998-08-03 · resigned 2001-03-01
Resigned
PUTTERILL, Steven
director · ~61y · appointed 2002-06-18 · resigned 2010-06-30
Resigned
PUTTERILL, Steven
director · ~61y · appointed 2000-11-01 · resigned 2002-03-25
Resigned
SANSOM, Terrence Arthur
director · ~89y · appointed 1998-11-02 · resigned 2019-05-31
Resigned
SULLIVAN, Sean
director · ~82y · appointed 1998-11-02 · resigned 2000-11-01
Resigned

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

Recent filings (88 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-28
change-person-director-company-with-change-date
officers · CH01
2024-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
termination-director-company-with-name-termination-date
officers · TM01
2023-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-16