1ST LOGIC ELECTRICAL INSTALLATIONS AND CONTROL SYSTEMS LIMITED
🌳Matureactive
06903646 · ltd · incorporated 2009-05-13
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 5.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 82/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 5.7y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 5.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
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 · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £168.7k |
| Current assets | — | £92.8k |
| Cash | — | £83.5k |
| Debtors | — | £9.3k |
| Net assets | — | £157.4k |
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
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-01-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-01-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-01➕SHEMILT, Agnieszka Ewa appointeddirector
- 2024-12-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-29📄resolutionresolution · RESOLUTIONS
- 2022-07-29📄memorandum-articlesincorporation · MA
- 2022-07-07📄resolutionresolution · RESOLUTIONS
- 2021-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-14🔒Charge registered #2Lender: Barclays Security Trustee Limited
- 2020-12-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-09-03🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2019-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2009-05-13🏢Company incorporatedAs 1ST LOGIC ELECTRICAL INSTALLATIONS AND CONTROL SYSTEMS LIMITED
- 2009-05-13➕SHEMILT, Paul Anthony appointeddirector
- 2009-05-13➕WILDMAN, John appointeddirector
- 2009-05-13➖WILDMAN, John resigneddirector
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
29/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — SHEMILT, Agnieszka Ewa (same surname) appointed 2025-06-01. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- 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 Paul Shemilt Individual · British · DOB 01/1958 · age 68 | 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.
🔒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 · BH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 141 BLANDFORD ROAD LIMITED→ 14812881 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 172 CCR LIMITED→ 13274551 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 1890 EIGHTEEN NINETY LTD→ 13312016 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 1ST CLASS ELECTRICAL (POOLE) LTD→ 10781890 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 1ST GARAGE DOORS LIMITED→ 12518614 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 1ST RATE GROUP LTD→ 11880029 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 1ST RATE ROOFING LTD→ 11858323 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 23 PROJECT MANAGEMENT LTD→ 13574081 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 239 COLLECTIONS LTD→ 13487756 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 24 DEVCO LTD→ 15509071 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 24 HOUR DRAINAGE LTD→ 16407163 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24/7 FLOORING (BOURNEMOUTH) LTD→ 10463898 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2009-05-13
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation
Registered office
27 Florence Road 27 Florence Road
Poole
BH14 9JF
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-27
Last: 2025-05-13
Officers (2 active · 1 resigned)
SHEMILT, Agnieszka Ewa→
Activedirector · ~54y · appointed 2025-06-01
View their other companies + combined net worth →
SHEMILT, Paul Anthony→
Activedirector · ~68y · appointed 2009-05-13
View their other companies + combined net worth →
WILDMAN, John→
Resigneddirector · ~79y · appointed 2009-05-13 · resigned 2009-05-13
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 14/12/2020 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 03/09/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (48 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
appoint-person-director-company-with-name-date
officers · AP01
2025-06-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30
resolution
resolution · RESOLUTIONS
2022-07-29
memorandum-articles
incorporation · MA
2022-07-29
resolution
resolution · RESOLUTIONS
2022-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-23