1ST MX LIMITED

🌳Matureactive
04986259 · ltd · incorporated 2003-12-05
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 12.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Retail trade of motor vehicle parts and accessories
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 79/100 (strong), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 12.2y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 12.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
80 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
70
Strong succession / seller-readiness signals.
Risk profile
85
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£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30
Average employees400900

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-06-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2021-10-05
    📄
    memorandum-articles
    incorporation · MA
  6. 2021-10-05
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2021-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-09-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2021-09-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-09-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-09-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2021-09-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  13. 2021-09-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2021-09-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2021-09-17
    ➕
    WARING, Brian Francis appointed
    director
  16. 2021-09-17
    ➕
    WARING, Lee Brian appointed
    director
  17. 2021-09-17
    ➖
    HUTCHINSON, Lisa resigned
    secretary
  18. 2021-09-17
    ➖
    HUTCHINSON, Andrew Martin resigned
    director
  19. 2021-08-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2021-08-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2021-08-06
    🔓
    Charge satisfied #2
  22. 2021-08-06
    🔓
    Charge satisfied #1
  23. 2021-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2020-03-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  25. 2017-08-17
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  26. 2014-02-20
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  27. 2008-08-01
    ➕
    HUTCHINSON, Lisa appointed
    secretary
  28. 2008-08-01
    ➖
    SPARROW, Stephen resigned
    secretary
  29. 2008-08-01
    ➖
    SPARROW, Stephen resigned
    director
  30. 2004-12-06
    ➕
    SPARROW, Stephen appointed
    director
  31. 2003-12-05
    🏢
    Company incorporated
    As 1ST MX LIMITED
  32. 2003-12-05
    ➕
    SPARROW, Stephen appointed
    secretary
  33. 2003-12-05
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  34. 2003-12-05
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  35. 2003-12-05
    ➕
    HUTCHINSON, Andrew Martin appointed
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

26/100
Weak signal

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

SIGNALS
  • primaryFamily succession underway: Not a takeover target — WARING, Lee Brian (same surname) appointed 2021-09-17. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

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

Group structure

1st Mx Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
1st Mx Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
1ST MX LIMITED
This company · 04986259

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
1st Mx Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control17/09/2021
3 historic (ceased) PSCs
  • Mrs Lisa Hutchinsonceased 17/09/2021· 25-50% shares
  • Mr Andrew Martin Hutchinsonceased 17/09/2021· 25-50% shares
  • Lisa Hutchinsonceased 23/04/2018· 25-50% shares

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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1086 ESTATES LIMITED→
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09913292 · est 2015 · no financials extracted
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15425903 · est 2024 · no financials extracted
————2y——
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15870632 · est 2024 · no financials extracted
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08231834 · est 2012 · no financials extracted
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———————
30121603 LIMITED→
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————12y——
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13214939 · est 2021 · no financials extracted
————5y——
5CAG LIMITED→
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————5y——
A & J RYDING LIMITED→
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————22y——
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————51y——
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
Incorporated2003-12-05
Jurisdictionengland-wales
Primary SIC45320 — Retail trade of motor vehicle parts and accessories

Registered office

Units 1-4 North Star Business Park
Tuer Street
Leyland
PR25 3US
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-12-18
Last: 2025-12-04

Officers (2 active · 5 resigned)

WARING, Brian Francis→
director · ~66y · appointed 2021-09-17
View their other companies + combined net worth →
Active
WARING, Lee Brian→
director · ~38y · appointed 2021-09-17
View their other companies + combined net worth →
Active
HUTCHINSON, Lisa→
secretary · appointed 2008-08-01 · resigned 2021-09-17
Resigned
SPARROW, Stephen→
secretary · appointed 2003-12-05 · resigned 2008-08-01
Resigned
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 2003-12-05 · resigned 2003-12-05
Resigned
HUTCHINSON, Andrew Martin→
director · ~62y · appointed 2003-12-05 · resigned 2021-09-17
Resigned
SPARROW, Stephen→
director · ~57y · appointed 2004-12-06 · resigned 2008-08-01
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge2 properties17/08/201706/08/2021
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property20/02/201406/08/2021

Recent filings (80 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-12
memorandum-articles
incorporation · MA
2021-10-05
resolution
resolution · RESOLUTIONS
2021-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-04
appoint-person-director-company-with-name-date
officers · AP01
2021-09-28
appoint-person-director-company-with-name-date
officers · AP01
2021-09-28
termination-director-company-with-name-termination-date
officers · TM01
2021-09-28