1ST CHOICE PROPERTY INVESTMENTS LTD.

💤Zombieactive
05424988 · ltd · incorporated 2005-04-15
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£55.2k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

7 live charges · 5 lenders · oldest 20.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 20.5 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (71/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £55,195

Key financials

1 year extracted from filed iXBRL accounts
Cash
£46k
Net Worth
£55k
Current Assets
£65k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£465.8k
Current assets£64.8k
Cash£45.7k
Debtors£19.1k
Net assets£55.2k

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
2
filings
  • • 2 accounts
Last 180 days
3
filings
  • • 2 accounts
  • • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-03-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2025-12-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-12-22
    🔒
    Charge registered #7
    Lender: The Mortgage Works (UK) PLC
  5. 2025-09-22
    📄
    capital-allotment-shares
    capital · SH01
  6. 2025-04-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-04-03
    🔒
    Charge registered #6
    Lender: Charter Court Financial Services Limited
  8. 2025-03-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-03-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-03-13
    🔒
    Charge registered #5
    Lender: Romaco Spv 6 Limited
  11. 2025-03-13
    🔒
    Charge registered #4
    Lender: Romaco Spv 6 Limited
  12. 2025-02-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2025-02-26
    🔓
    Charge satisfied #1
  14. 2025-02-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2024-12-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2024-12-11
    🔒
    Charge registered #3
    Lender: Onesavings Bank PLC Trading as Kent Reliance Banking Services
  17. 2023-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2022-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2022-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2022-02-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2022-02-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  23. 2022-02-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2021-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2021-09-24
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  26. 2020-07-03
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  27. 2019-12-03
    ➖
    ORDERED MANAGEMENT SECRETARY LTD resigned
    corporate-secretary
  28. 2019-09-30
    ➖
    TURNER, Daniel Oakley resigned
    director
  29. 2018-10-05
    ➕
    TURNER, Daniel Oakley appointed
    director
  30. 2006-07-19
    ➖
    ADDIS, Ruth resigned
    secretary
  31. 2006-07-19
    ➕
    ORDERED MANAGEMENT SECRETARY LTD appointed
    corporate-secretary
  32. 2005-10-28
    🔒
    Charge registered #1
    Lender: Mortgage Express
  33. 2005-04-15
    🏢
    Company incorporated
    As 1ST CHOICE PROPERTY INVESTMENTS LTD.
  34. 2005-04-15
    ➕
    TURNER, Richard Karl appointed
    director
  35. 2005-04-15
    ➕
    ADDIS, Ruth appointed
    secretary

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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 low
6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Richard Karl Turner
Individual · British · DOB 09/1972 · age 54
75–100%
75–100%75-100% shares · 75-100% voting03/10/2016

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

9 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
Incorporated2005-04-15
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

C/O Ocg Accountants Ltd Biz Hub Tees Valley
Belasis Hall Technology Park
Billingham
TS23 4EA
England

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12

Officers (1 active · 3 resigned)

TURNER, Richard Karl→
director · ~54y · appointed 2005-04-15
View their other companies + combined net worth →
Active
ADDIS, Ruth→
secretary · appointed 2005-04-15 · resigned 2006-07-19
Resigned
ORDERED MANAGEMENT SECRETARY LTD→
corporate-secretary · appointed 2006-07-19 · resigned 2019-12-03
Resigned
TURNER, Daniel Oakley→
director · ~26y · appointed 2018-10-05 · resigned 2019-09-30
Resigned

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

Mortgages & charges

7
Total charges
6
Outstanding
4
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property22/12/2025—
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge1 property03/04/2025—
outstanding
Romaco Spv 6
Romaco Spv 6 Limited
A registered charge1 property13/03/2025—
outstanding
Romaco Spv 6
Romaco Spv 6 Limited
A registered charge1 property13/03/2025—
outstanding
Kent Reliance / OSB
Onesavings Bank PLC Trading as Kent Reliance Banking Services
A registered charge1 property11/12/2024—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property03/07/2020—
satisfied
Mortgage Express
Mortgage1 property28/10/200526/02/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (81 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-29
capital-allotment-shares
capital · SH01
2025-09-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-08