1ST CONNECT GROUP LIMITED
Opportunity 42/100 (watch), bankability 12/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (70/100). Current lenders should be on immediate intervention.
Refinance opportunity
6 live charges · 5 lenders · oldest 23.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.4 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (48/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (50 events)Click to expand
- 2022-09-15📄restoration-order-of-courtrestoration · AC92
- 2016-07-19📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2016-07-19🏁Company dissolved
- 2016-06-22📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2016-04-26📄gazette-notice-voluntarygazette · GAZ1(A)
- 2016-04-14📄dissolution-application-strike-off-companydissolution · DS01
- 2016-03-03⚠️liquidation-receiver-cease-to-act-receiverinsolvency · RM02
- 2016-03-03⚠️liquidation-receiver-cease-to-act-receiverinsolvency · RM02
- 2015-08-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-07-20➖DYER, Gareth James resignedsecretary
- 2014-07-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-12-18📄dissolution-withdrawal-application-strike-off-companydissolution · DS02
- 2013-12-03⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2013-12-03⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2013-12-03📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-11-25📄dissolution-application-strike-off-companydissolution · DS01
- 2013-08-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-03-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-02-22📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-07-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-04-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-01-12📄legacymortgage · MG02
- 2012-01-06🔓Charge satisfied #4
- 2011-12-22📄legacymortgage · MG02
- 2011-12-16🔓Charge satisfied #3
- 2011-06-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-06-24📄change-person-director-company-with-change-dateofficers · CH01
- 2010-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2010-06-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-02-03🔒Charge registered #6Lender: National Westminster Bank PLC
- 2007-06-25🔒Charge registered #5Lender: National Westminster Bank PLC
- 2007-01-24🔒Charge registered #4Lender: Rbs Invoice Finance Limited
- 2007-01-05🔓Charge satisfied #2
- 2007-01-05🔓Charge satisfied #1
- 2006-12-04🔒Charge registered #3Lender: Abbey National PLC
- 2004-12-22🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2003-09-01➕DYER, Gareth James appointedsecretary
- 2003-03-01➖BURKE, William Peter resignedsecretary
- 2003-02-28➖WILLIAMS, Roger Martin resigneddirector
- 2002-12-13🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited T/a Alex Lawrie Factors
- 2002-09-02➕WILLIAMS, Roger Martin appointeddirector
- 2001-09-01➖BURKE, Natalie resignedsecretary
- 2001-09-01➕BURKE, William Peter appointedsecretary
- 2000-06-22🏢Company incorporatedAs 1ST CONNECT GROUP LIMITED
- 2000-06-22➕BURKE, George Robert appointeddirector
- 2000-06-22➕BURKE, Natalie appointedsecretary
- 2000-06-22➕CORPORATE ADMINISTRATION SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2000-06-22➖CORPORATE ADMINISTRATION SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2000-06-22➕CORPORATE ADMINISTRATION SERVICES LIMITED appointedcorporate-nominee-director
- 2000-06-22➖CORPORATE ADMINISTRATION SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high · 2 med ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2015-07-30
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2017-07-06
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-03-03: liquidation-receiver-cease-to-act-receiver; 2016-03-03: liquidation-receiver-cease-to-act-receiver
Companies House flags prior insolvency events. Review the insolvency filings for context.
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Technology · BH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 11 PLUS CHALLENGE SERIES LTD→ 14901854 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 127.0.0.1 LTD→ 12418481 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 1310 LIMITED→ 11595588 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 16 MOORINGS LIMITED→ 13019742 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1ST CONNECT LIMITED→ 07257724 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 2 AARDVARKS LTD→ 09055435 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 241 GAMES LTD→ 16551802 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24STEPS LIMITED→ 07051205 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 2B MEDIA PUBLISHING LTD→ 09230605 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 3 KINGDOMS GROUP LTD→ 13357917 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 333STUDIOS LTD→ 16336035 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 339 LIMITED→ 16096234 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
12 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 →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
Registered office
Filing status
Officers (1 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 2 properties | 03/02/2009 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 25/06/2007 | — | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Fixed and floating charge | 1 property | 24/01/2007 | 06/01/2012 | |
| satisfied | Santander Abbey National PLC | Legal and general charge | 1 property | 04/12/2006 | 16/12/2011 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 22/12/2004 | 05/01/2007 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited T/a Alex Lawrie Factors | All assets debenture | 1 property | 13/12/2002 | 05/01/2007 |