1ST GALAXY GROUP LIMITED

🌳Matureactive
03842899 · ltd · incorporated 1999-09-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£77.9k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 26.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 26.1 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £77,851

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£78k
Current Assets
£200k
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-08-31
Total assets£106.7k
Current assets£200.0k
Net assets£77.9k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2025-09-01
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  2. 2025-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-01-20
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2022-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-04-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-10-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-10-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-09-23
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2019-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-09-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2019-05-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2019-05-16
    🔒
    Charge registered #4
    Lender: Hitachi Capital (UK) PLC
  16. 2019-04-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2019-04-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-04-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2019-04-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2019-04-29
    🔓
    Charge satisfied #3
  21. 2015-09-24
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance Limited
  22. 2015-03-30
    ➕
    SMITH, Lee John appointed
    director
  23. 2015-03-30
    ➕
    SMITH, Samantha Jane appointed
    director
  24. 2014-08-20
    🔓
    Charge satisfied #1
  25. 2011-04-11
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  26. 2008-02-22
    ➖
    SMITH, Mark Scott resigned
    director
  27. 2008-01-03
    ➖
    SMITH, Lee John resigned
    director
  28. 2002-12-08
    ➕
    GODSELL-FLETCHER, Millicent Kathleen appointed
    director
  29. 2002-12-08
    ➖
    SMITH, Barry John resigned
    director
  30. 2002-12-08
    ➕
    SMITH, Lee John appointed
    director
  31. 2002-12-08
    ➕
    SMITH, Mark Scott appointed
    director
  32. 2000-03-11
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  33. 1999-09-16
    🏢
    Company incorporated
    As 1ST GALAXY GROUP LIMITED
  34. 1999-09-16
    ➕
    GODSELL-FLETCHER, Millicent Kathleen appointed
    secretary
  35. 1999-09-16
    ➕
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  36. 1999-09-16
    ➖
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  37. 1999-09-16
    ➕
    SMITH, Barry John appointed
    director
  38. 1999-09-16
    ➕
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director
  39. 1999-09-16
    ➖
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 74 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Millicent Kathleen Godsell-Fletcher
Individual · British · DOB 09/1952 · age 74
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1999-09-16
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Retail Shop (Hq) 213 Valley Road
Sherwood
Nottingham
NG5 3BG

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21

Officers (4 active · 5 resigned)

GODSELL-FLETCHER, Millicent Kathleen→
secretary · appointed 1999-09-16
View their other companies + combined net worth →
Active
GODSELL-FLETCHER, Millicent Kathleen→
director · ~74y · appointed 2002-12-08
View their other companies + combined net worth →
Active
SMITH, Lee John→
director · ~50y · appointed 2015-03-30
View their other companies + combined net worth →
Active
SMITH, Samantha Jane→
director · ~50y · appointed 2015-03-30
View their other companies + combined net worth →
Active
WATERLOW SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1999-09-16 · resigned 1999-09-16
Resigned
SMITH, Barry John→
director · ~75y · appointed 1999-09-16 · resigned 2002-12-08
Resigned
SMITH, Lee John→
director · ~50y · appointed 2002-12-08 · resigned 2008-01-03
Resigned
SMITH, Mark Scott→
director · ~52y · appointed 2002-12-08 · resigned 2008-02-22
Resigned
WATERLOW NOMINEES LIMITED→
corporate-nominee-director · appointed 1999-09-16 · resigned 1999-09-16
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Hitachi Capital (UK)
Hitachi Capital (UK) PLC
A registered charge1 property16/05/2019—
satisfied
NatWest Group
Rbs Invoice Finance Limited
A registered charge—24/09/201529/04/2019
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property11/04/2011—
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property11/03/200020/08/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (93 total)

accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-09-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
certificate-change-of-name-company
change-of-name · CERTNM
2023-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-08
change-person-director-company-with-change-date
officers · CH01
2020-10-08
change-person-director-company-with-change-date
officers · CH01
2020-10-08