FIRST LINE IT LIMITED

🌳Matureactive
04189919 · ltd · incorporated 2001-03-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 95110Repair of computers and peripheral equipment
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

6 live charges · 5 lenders · oldest 22.8y

35/100
too messy

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

  • · Oldest live charge is 22.8 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
17 officers (3 active, 17 linked, 13 with DOB)
85
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees3001200

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

🔒Filing-note intelligence

2 signals 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
3
filings
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (62 events)Click to expand
  1. 2026-01-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-01-28
    THORNDYKE, Helen Louise appointed
    director
  3. 2026-01-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-01-20
    JONES, Timothy Charles resigned
    director
  5. 2025-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-01-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-11-13
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2024-11-12
    📄
    memorandum-articles
    incorporation · MA
  10. 2024-10-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2024-10-09
    🔒
    Charge registered #6
    Lender: Triple Point Advancr Leasing PLC
  12. 2024-08-01
    JONES, Timothy Charles appointed
    director
  13. 2024-08-01
    SKELTON, Matthew James resigned
    director
  14. 2024-08-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-08-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-04-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2024-04-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2024-04-19
    🔓
    Charge satisfied #3
  19. 2024-04-19
    🔓
    Charge satisfied #2
  20. 2024-03-30
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2024-03-30
    📄
    memorandum-articles
    incorporation · MA
  22. 2024-03-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2024-03-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2024-03-11
    🔒
    Charge registered #5
    Lender: Coniston Capital I LP
  25. 2024-03-11
    🔒
    Charge registered #4
    Lender: Coniston Capital I LP
  26. 2023-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2023-03-07
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  28. 2023-01-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  29. 2022-10-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  30. 2022-10-19
    🔒
    Charge registered #3
    Lender: Barclays Security Trustee Limited
  31. 2022-05-17
    SKELTON, Matthew James appointed
    director
  32. 2022-05-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  33. 2022-05-05
    HALL, Alexander James appointed
    director
  34. 2022-05-05
    REID, Marcos John appointed
    director
  35. 2022-05-05
    OXFORD CORPORATE SERVICES LTD resigned
    corporate-secretary
  36. 2022-05-05
    GILES, Barrington resigned
    director
  37. 2022-05-05
    NIMALATHEVAN, Nagalingham resigned
    director
  38. 2022-05-05
    O'REGAN, Michael Rowan Hamilton John resigned
    director
  39. 2022-05-05
    PRESCOTT, Michelle resigned
    director
  40. 2022-05-05
    SWAIN, Stephen James resigned
    director
  41. 2022-04-08
    🔓
    Charge satisfied #1
  42. 2021-05-11
    CROZIER, John Alan resigned
    director
  43. 2021-01-19
    PRESCOTT, Michelle appointed
    director
  44. 2020-11-24
    SWAIN, Stephen James appointed
    director
  45. 2015-04-14
    NIMALATHEVAN, Nagalingham appointed
    director
  46. 2015-03-17
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  47. 2005-12-01
    CROZIER, John Alan appointed
    director
  48. 2005-10-19
    PITT, Jane resigned
    director
  49. 2005-07-19
    GILES, Barrington resigned
    secretary
  50. 2005-07-19
    OXFORD CORPORATE SERVICES LTD appointed
    corporate-secretary
Showing most recent 50 of 62 events

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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.

Group structure

Equity Managed Services Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Equity Managed Services Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
FIRST LINE IT LIMITED
This company · 04189919

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Equity Managed Services Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/05/2022
5 historic (ceased) PSCs
  • Mrs Elizabeth Jane Sarah O'Reganceased 05/05/2022· 25-50% shares · 25-50% voting
  • Mr Barrington Gilesceased 05/05/2022· 25-50% shares · 25-50% voting
  • Mr Nagalingham Nimalathevanceased 05/05/2022· significant influence
  • Mr Michael Rowan Hamilton John O'Reganceased 20/04/2022· 25-50% shares · 25-50% voting
  • Mr John Alan Crozierceased 11/05/2021· significant influence

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
Incorporated2001-03-29
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities

Registered office

5 Marchmont Gate
Boundary Way
Hemel Hempstead
HP2 7BF
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-07
Last: 2026-01-24

Officers (3 active · 14 resigned)

HALL, Alexander James
director · ~45y · appointed 2022-05-05
View their other companies + combined net worth →
Active
REID, Marcos John
director · ~56y · appointed 2022-05-05
View their other companies + combined net worth →
Active
THORNDYKE, Helen Louise
director · ~53y · appointed 2026-01-28
View their other companies + combined net worth →
Active
GILES, Barrington
secretary · appointed 2005-02-24 · resigned 2005-07-19
Resigned
PITT, Jane
secretary · appointed 2001-03-29 · resigned 2004-09-16
Resigned
OXFORD CORPORATE SERVICES LTD
corporate-secretary · appointed 2005-07-19 · resigned 2022-05-05
Resigned
SET4SUCCESS LIMITED
corporate-secretary · appointed 2004-09-16 · resigned 2005-02-24
Resigned
CROZIER, John Alan
director · ~54y · appointed 2005-12-01 · resigned 2021-05-11
Resigned
GILES, Barrington
director · ~79y · appointed 2005-07-19 · resigned 2022-05-05
Resigned
JONES, Timothy Charles
director · ~59y · appointed 2024-08-01 · resigned 2026-01-20
Resigned
NIMALATHEVAN, Nagalingham
director · ~52y · appointed 2015-04-14 · resigned 2022-05-05
Resigned
O'REGAN, Michael Rowan Hamilton John
director · ~79y · appointed 2005-07-19 · resigned 2022-05-05
Resigned
PETTMAN, Carl Matthew
director · ~69y · appointed 2001-03-29 · resigned 2004-09-16
Resigned
PITT, Jane
director · ~53y · appointed 2004-09-16 · resigned 2005-10-19
Resigned
PRESCOTT, Michelle
director · ~59y · appointed 2021-01-19 · resigned 2022-05-05
Resigned
SKELTON, Matthew James
director · ~56y · appointed 2022-05-17 · resigned 2024-08-01
Resigned
SWAIN, Stephen James
director · ~72y · appointed 2020-11-24 · resigned 2022-05-05
Resigned

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

Mortgages & charges

6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Triple Point Advancr Leasing
Triple Point Advancr Leasing PLC
A registered charge09/10/2024
outstanding
Coniston Capital I LP
A registered charge11/03/2024
outstanding
Coniston Capital I LP
A registered charge11/03/2024
satisfied
Barclays
Barclays Security Trustee Limited
A registered charge19/10/202219/04/2024
satisfied
Barclays
Barclays Bank PLC
A registered charge17/03/201519/04/2024
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property08/09/200308/04/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (130 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-06
appoint-person-director-company-with-name-date
officers · AP01
2026-01-30
termination-director-company-with-name-termination-date
officers · TM01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
resolution
resolution · RESOLUTIONS
2024-11-13
memorandum-articles
incorporation · MA
2024-11-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-11
appoint-person-director-company-with-name-date
officers · AP01
2024-08-01
termination-director-company-with-name-termination-date
officers · TM01
2024-08-01
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-19
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-19
resolution
resolution · RESOLUTIONS
2024-03-30