1ST IT PEOPLE LTD
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 19.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 19.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (31 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-09-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-07-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-13🔓Charge satisfied #1
- 2023-07-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-03🔓Charge satisfied #2
- 2022-10-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-30➖BRITTON, Stuart Glynn resigneddirector
- 2021-01-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-04➕GOLDUP, Stuart Robin appointeddirector
- 2021-01-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-10-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-02-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-01-31➖GARDNER, James Nigel resignedsecretary
- 2020-01-31➖GARDNER, James Nigel resigneddirector
- 2019-06-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-09-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-10-28➕BRITTON, Stuart Glynn appointeddirector
- 2010-10-28➖OSTROWSKI, Suzanne Jane resigneddirector
- 2010-10-28🔒Charge registered #2Lender: Matrix Private Equity Partners LLP
- 2007-01-11🔒Charge registered #1Lender: Rbs Invoice Finance Limited
- 2006-03-10🏢Company incorporatedAs 1ST IT PEOPLE LTD
- 2006-03-10➕GARDNER, James Nigel appointedsecretary
- 2006-03-10➕GARDNER, James Nigel appointeddirector
- 2006-03-10➕OSTROWSKI, Suzanne Jane appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanGroup structure
Rdl Corporation Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Rdl Corporation Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| 30-31 GOLDEN SQUARE NOMINEE 2 LIMITED→ 09863492 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Matrix Private Equity Partners Matrix Private Equity Partners LLP | Guarantee and debenture | 1 property | 28/10/2010 | 03/07/2023 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Fixed and floating charge | 1 property | 11/01/2007 | 13/07/2023 |