1M CONSTRUCTION LTD
💤Zombieactive
06165604 · ltd · incorporated 2007-03-16
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
£428.2k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 77/100 (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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 15.7y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.7 years old — likely at or near maturity.
- · 3 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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
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
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £428,205
Net assets shrinking
Down £88,615 YoY
Cash draining
Cash down 82% YoY
Cash YoY
-82%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£33k
↓ 82% YoY
Net Worth
£428k
↓ 17% YoY
Current Assets
£540k
↓ 28% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £448.1k | £553.9k |
| Current assets | £540.3k | £749.1k |
| Cash | £32.5k | £180.7k |
| Debtors | £507.8k | £568.5k |
| Net assets | £428.2k | £516.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-04-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-04-02📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-04-02📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-03-20📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-03-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-06-22📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2019-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-27📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2019-11-25📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2018-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-12-05🔒Charge registered #3Lender: Lloyds Bank PLC
- 2018-06-08📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2017-02-28🔒Charge registered #2Lender: Lloyds Bank Commerical Finance Limited
- 2013-03-14➖MIRICA, Elena Adriana resigneddirector
- 2010-08-04🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2007-03-16🏢Company incorporatedAs 1M CONSTRUCTION LTD
- 2007-03-16➕MIRICA, Elena Adriana appointedsecretary
- 2007-03-16➕MIRICA, Vasile Marian appointeddirector
- 2007-03-16➕MIRICA, Elena Adriana appointeddirector
Owner dependency
85/100
Critical — business is the founderThe 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 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Marian Mirica Individual · British · DOB 08/1976 · age 50 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest | 16/03/2017 |
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 · Trade services · SE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 112 PECKHAM RYE FREEHOLD LTD→ 10755080 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 1251 PROJECTS LIMITED→ 16395086 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 13-14 HAMPSTEAD CLOSE RTM COMPANY LIMITED→ 07746049 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 14 FLOYD ROAD RTM COMPANY LIMITED→ 06048031 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| 15 ST. GERMANS PLACE (NO.2) LIMITED→ 02461709 · est 1990 · no financials extracted | — | — | — | — | 36y | — | — |
| 163 KENNINGTON PARK ROAD FLATS MANAGEMENT LIMITED→ 02969314 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| 165 UPLAND ROAD MANAGEMENT COMPANY LIMITED→ 06680493 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 17 CLEANERS LIMITED→ 16174455 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 17TH CHAMBER LTD→ 13766762 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1ST CENTURION SECURITY SERVICES LIMITED→ 16069604 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST FOR STORAGE LIMITED→ 03608852 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| 2 DULWICH ROAD MANAGEMENT LIMITED→ 04177842 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2007-03-16
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.
Registered office
55 North Cross Road
London
SE22 9ET
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-24
Last: 2026-03-10
Officers (2 active · 1 resigned)
MIRICA, Elena Adriana→
Activesecretary · appointed 2007-03-16
View their other companies + combined net worth →
MIRICA, Vasile Marian→
Activedirector · ~50y · appointed 2007-03-16
View their other companies + combined net worth →
MIRICA, Elena Adriana→
Resigneddirector · ~42y · appointed 2007-03-16 · resigned 2013-03-14
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 05/12/2018 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank Commerical Finance Limited | A registered charge | — | 28/02/2017 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 04/08/2010 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (68 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-02
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-04-02
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-01