1ST HORIZON SURVEYING & ENGINEERING LIMITED

💤Zombieactive
05792353 · ltd · incorporated 2006-04-24
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.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
  • · Hygiene score: 85 → 90
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Hygiene score: 8590
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Engineering related scientific and technical consulting activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 67/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 12.3y

15/100
under pressure

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

  • · Oldest live charge is 12.3 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 1 with DOB)
74
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
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
59
Some moderate concerns — review 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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Average employees303300

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-09-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-09-09
    📄
    capital-allotment-shares
    capital · SH01
  5. 2025-09-09
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  6. 2025-09-09
    📄
    legacy
    capital · SH20
  7. 2025-09-09
    ⚠️
    legacy
    insolvency · CAP-SS
  8. 2025-09-09
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2025-09-09
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2025-09-09
    📄
    capital-allotment-shares
    capital · SH01
  11. 2025-09-09
    📄
    legacy
    capital · SH20
  12. 2025-09-09
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  13. 2025-09-09
    ⚠️
    legacy
    insolvency · CAP-SS
  14. 2025-09-09
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2025-09-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2025-09-05
    🔓
    Charge satisfied #3
  17. 2025-07-21
    📄
    capital-name-of-class-of-shares
    capital · SH08
  18. 2025-07-21
    📄
    memorandum-articles
    incorporation · MA
  19. 2025-07-21
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2025-07-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2025-07-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2025-07-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2025-07-16
    GARSIDE, Ailsa Jane resigned
    secretary
  24. 2025-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2019-03-26
    🔒
    Charge registered #5
    Lender: Hsbc UK Bank PLC
  26. 2016-12-06
    🔓
    Charge satisfied #1
  27. 2016-11-04
    🔒
    Charge registered #4
    Lender: Hsbc Invoice Finance (UK) LTD
  28. 2014-12-18
    🔒
    Charge registered #3
    Lender: Hsbc Bank PLC
  29. 2014-10-06
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  30. 2014-04-02
    🔒
    Charge registered #1
    Lender: Hitachi Capital (UK) PLC
  31. 2013-04-20
    GARSIDE, Ailsa Jane appointed
    secretary
  32. 2013-04-20
    GARSIDE, Daniel Stewart resigned
    secretary
  33. 2006-04-24
    🏢
    Company incorporated
    As 1ST HORIZON SURVEYING & ENGINEERING LIMITED
  34. 2006-04-24
    GARSIDE, James Edward appointed
    director
  35. 2006-04-24
    GARSIDE, Daniel Stewart appointed
    secretary
  36. 2006-04-24
    SDG SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  37. 2006-04-24
    SDG SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  38. 2006-04-24
    SDG REGISTRARS LIMITED appointed
    corporate-nominee-director
  39. 2006-04-24
    SDG REGISTRARS LIMITED resigned
    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 20 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 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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 high · 1 med ·
2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-09-09: legacy; 2025-09-09: legacy

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

1st Horizon Capital Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
1st Horizon Capital Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
1ST HORIZON SURVEYING & ENGINEERING LIMITED
This company · 05792353

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 Horizon Capital Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/09/2025
2 historic (ceased) PSCs
  • Mr James Edward Garsideceased 09/09/2025· 75-100% shares · 75-100% voting · board control
  • Mrs Ailsa Jane Garsideceased 16/07/2025· 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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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
Incorporated2006-04-24
Jurisdictionengland-wales
Primary SIC71122 — Engineering related scientific and technical consulting activities

Registered office

The Old Pop Factory 88-90 High Street
Dodworth
Barnsley
South Yorkshire
S75 3RQ
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-08
Last: 2026-04-24

Officers (1 active · 4 resigned)

GARSIDE, James Edward
director · ~47y · appointed 2006-04-24
View their other companies + combined net worth →
Active
GARSIDE, Ailsa Jane
secretary · appointed 2013-04-20 · resigned 2025-07-16
Resigned
GARSIDE, Daniel Stewart
secretary · appointed 2006-04-24 · resigned 2013-04-20
Resigned
SDG SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2006-04-24 · resigned 2006-04-24
Resigned
SDG REGISTRARS LIMITED
corporate-nominee-director · appointed 2006-04-24 · resigned 2006-04-24
Resigned

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

Mortgages & charges

5
Total charges
3
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property26/03/2019
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD
A registered charge04/11/2016
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property18/12/201405/09/2025
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property06/10/2014
satisfied
Hitachi Capital (UK)
Hitachi Capital (UK) PLC
A registered charge1 property02/04/201406/12/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (88 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-09-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-09
capital-allotment-shares
capital · SH01
2025-09-09
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-09-09
legacy
capital · SH20
2025-09-09
legacy
insolvency · CAP-SS
2025-09-09
resolution
resolution · RESOLUTIONS
2025-09-09
resolution
resolution · RESOLUTIONS
2025-09-09
capital-allotment-shares
capital · SH01
2025-09-09
legacy
capital · SH20
2025-09-09
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-09-09
legacy
insolvency · CAP-SS
2025-09-09
resolution
resolution · RESOLUTIONS
2025-09-09