1ST FIX PLUMBING & HEATING LIMITED

💤Zombieactive
05598340 · ltd · incorporated 2005-10-20
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
£516.7k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -49% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (77/100)

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
4 officers (2 active, 4 linked, 1 with DOB)
75
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
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £516,672
Net assets shrinking
Down £97,505 YoY
Cash draining
Cash down 49% YoY
Cash YoY
-49%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£293k
↓ 49% YoY
Net Worth
£517k
↓ 16% YoY
Current Assets
£554k
↓ 22% YoY
Current Liabilities
—
£0£142k£285k£427k£569k£712kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£516.7k£614.2k
Current assets£554.2k£711.6k
Cash£292.9k£575.5k
Debtors£261.4k£136.2k
Net assets£516.7k£614.2k

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 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-08-18
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2023-08-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-09-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-09-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-06-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-02-10
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  15. 2016-02-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2005-10-27
    ➖
    BRIGHTON SECRETARY LTD resigned
    corporate-nominee-secretary
  17. 2005-10-27
    ➖
    BRIGHTON DIRECTOR LTD resigned
    corporate-nominee-director
  18. 2005-10-20
    🏢
    Company incorporated
    As 1ST FIX PLUMBING & HEATING LIMITED
  19. 2005-10-20
    ➕
    RAMSEY, Claire appointed
    secretary
  20. 2005-10-20
    ➕
    RAMSEY, Mitchell Clark appointed
    director
  21. 2005-10-20
    ➕
    BRIGHTON SECRETARY LTD appointed
    corporate-nominee-secretary
  22. 2005-10-20
    ➕
    BRIGHTON DIRECTOR LTD appointed
    corporate-nominee-director

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

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 Mitchell Clark Ramsey
Individual · British · DOB 11/1970 · age 56
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

Similar companies

Active · Construction · RM postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
0800SPARKS.COM LIMITED→
05949701 · est 2006 · no financials extracted
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1 CLEAN CONSTRUCT LTD→
12280255 · est 2019 · no financials extracted
————6y——
100&KO LTD→
09554451 · est 2015 · no financials extracted
————10y——
119 DORKING LIMITED→
14750374 · est 2023 · no financials extracted
————3y——
1ST FIX MECHANICAL LIMITED→
12155260 · est 2019 · no financials extracted
————6y——
1ST INVESTMENT PROPERTIES LTD→
07753998 · est 2011 · no financials extracted
————14y——
1ST LOFT LTD→
12998737 · est 2020 · no financials extracted
————5y——
2 STEP INVESTMENTS LTD→
07794411 · est 2011 · no financials extracted
————14y——
24 SHUTTER REPAIR LTD→
12097840 · est 2019 · no financials extracted
————6y——
24/7 STEEL INSTALLATION LTD→
15668907 · est 2024 · no financials extracted
————1y——
24HR LOCKSMITH AND PLUMBING LTD→
13088937 · est 2020 · no financials extracted
————5y——
28 MEP LTD→
16689907 · est 2025 · no financials extracted
———————
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
Incorporated2005-10-20
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

Spectrum House
2b Suttons Lane
Hornchurch
Essex
RM12 6RJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-27
Last: 2025-07-13

Officers (2 active · 2 resigned)

RAMSEY, Claire→
secretary · appointed 2005-10-20
View their other companies + combined net worth →
Active
RAMSEY, Mitchell Clark→
director · ~56y · appointed 2005-10-20
View their other companies + combined net worth →
Active
BRIGHTON SECRETARY LTD→
corporate-nominee-secretary · appointed 2005-10-20 · resigned 2005-10-27
Resigned
BRIGHTON DIRECTOR LTD→
corporate-nominee-director · appointed 2005-10-20 · resigned 2005-10-27
Resigned

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

Recent filings (59 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-18
change-person-secretary-company-with-change-date
officers · CH03
2023-08-18
change-person-director-company-with-change-date
officers · CH01
2023-08-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-11