1ST HERTS LTD
🌳Matureactive
05988739 · ltd · incorporated 2006-11-06
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (76/100)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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Average employees | 200 | 200 |
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
1
filing
- • 1 persons-with-significant-control
Last 90 days
3
filings
- • 2 persons-with-significant-control
- • 1 address
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 address
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-05-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-03-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-21📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2024-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-18📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2006-11-06🏢Company incorporatedAs 1ST HERTS LTD
- 2006-11-06➕CLARK, Stephen Robert appointedsecretary
- 2006-11-06➕CLARK, Stephen Robert appointeddirector
- 2006-11-06➕HOWARD, Liam Kevin appointeddirector
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 20 years.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Robert Clark Individual · British · DOB 05/1978 · age 48 | 50–75% | — | 50-75% shares | 13/03/2025 |
Mr Liam Kevin Howard Individual · British · DOB 10/1976 · age 50 | 25–50% | — | 25-50% shares | 03/03/2026 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · SG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 CONSTRUCT LTD→ 15493703 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 118 DEMOLITION LTD→ 12680694 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 199 LAVENDER HILL LTD→ 16068418 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST 4 PLUMBING LTD→ 05710421 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 1ST VACUUM GLASS LTD→ 14909662 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 23G ELECTRICAL LTD→ 14664661 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 24 SEVEN INTERIORS LIMITED→ 03833507 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 3 COUNTIES BUILDING SERVICES LIMITED→ 06342868 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 3 PHASE ELECTRICAL CONTRACTORS LTD→ 15446742 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 3 POINT PRODUCTIONS LIMITED→ 10211705 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 3 TO 7 STAR STREET LTD→ 09360517 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 36 FLITWICK ROAD LTD→ 16757253 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2006-11-06
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
Stevendale House
Primett Road
Stevenage
SG1 3EE
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11
Officers (3 active · 0 resigned)
CLARK, Stephen Robert→
Activesecretary · appointed 2006-11-06
View their other companies + combined net worth →
CLARK, Stephen Robert→
Activedirector · ~48y · appointed 2006-11-06
View their other companies + combined net worth →
HOWARD, Liam Kevin→
Activedirector · ~50y · appointed 2006-11-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (48 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-13
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-01
change-person-director-company-with-change-date
officers · CH01
2023-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18