1ST CHOICE GAS SERVICES LIMITED

🌳Matureactive
04085506 · ltd · incorporated 2000-10-06
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 Oct 2024
Net worth
£31.2k
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £31,171

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£31k
↑ 2.0% YoY
Current Assets
£44k
↑ 91% YoY
Current Liabilities
—
£0£9k£18k£27k£36k£44kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£31.2k£30.5k
Current assets£44.4k£23.2k
Net assets£31.2k£30.5k

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 (23 events)Click to expand
  1. 2025-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2024-10-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-10-16
    📄
    capital-allotment-shares
    capital · SH01
  5. 2024-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-07-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-10-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-07-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2000-10-06
    🏢
    Company incorporated
    As 1ST CHOICE GAS SERVICES LIMITED
  17. 2000-10-06
    ➕
    POWELL-MCNULTY, Karen Rosemary appointed
    secretary
  18. 2000-10-06
    ➕
    MCNULTY, Paul James appointed
    director
  19. 2000-10-06
    ➕
    POWELL-MCNULTY, Karen Rosemary appointed
    director
  20. 2000-10-06
    ➕
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  21. 2000-10-06
    ➖
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  22. 2000-10-06
    ➕
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  23. 2000-10-06
    ➖
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Paul James Mcnulty
Individual · British · DOB 04/1966 · age 60
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Karen Rosemary Powell-Mcnultyceased 16/10/2024· 25-50% shares · 25-50% voting

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

6 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
Incorporated2000-10-06
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Chandos House, School Lane
Buckingham
Bucks
MK18 1HD

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06

Officers (3 active · 2 resigned)

POWELL-MCNULTY, Karen Rosemary→
secretary · appointed 2000-10-06
View their other companies + combined net worth →
Active
MCNULTY, Paul James→
director · ~60y · appointed 2000-10-06
View their other companies + combined net worth →
Active
POWELL-MCNULTY, Karen Rosemary→
director · ~63y · appointed 2000-10-06
View their other companies + combined net worth →
Active
TEMPLE SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2000-10-06 · resigned 2000-10-06
Resigned
COMPANY DIRECTORS LIMITED→
corporate-nominee-director · appointed 2000-10-06 · resigned 2000-10-06
Resigned

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

Recent filings (64 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-16
capital-allotment-shares
capital · SH01
2024-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-29