1ST CHOICE IXBRL LIMITED

🌳Matureactive
07762096 · ltd · incorporated 2011-09-05
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
£100
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (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 (65/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £100

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£100
~ YoY
Current Assets
£100
~ YoY
Current Liabilities
£0£20£40£60£80£100Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£100£100
Current assets£100£100
Net assets£100£100

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-05-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-05-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-05-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-05-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-05-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-05-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2017-01-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2017-01-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2017-01-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2016-09-07
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2016-05-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-09-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2012-01-22
    PARROTT, Tony Robert appointed
    director
  17. 2011-09-05
    🏢
    Company incorporated
    As 1ST CHOICE IXBRL LIMITED
  18. 2011-09-05
    PARROTT, Christopher John appointed
    director

Owner dependency

71/100
High — earn-out structure required

Material 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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Tony Robert Parrott
Individual · British · DOB 02/1986 · age 40
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Christopher John Parrott
Individual · British · DOB 02/1986 · age 40
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2011-09-05
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities

Registered office

Red House Witham Road
Tolleshunt Major
Maldon
CM9 8JT
England

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05

Officers (2 active · 0 resigned)

PARROTT, Christopher John
director · ~40y · appointed 2011-09-05
View their other companies + combined net worth →
Active
PARROTT, Tony Robert
director · ~40y · appointed 2012-01-22
View their other companies + combined net worth →
Active

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

Recent filings (34 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-06
accounts-with-accounts-type-dormant
accounts · AA
2021-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-16
accounts-with-accounts-type-dormant
accounts · AA
2020-05-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-05
accounts-with-accounts-type-dormant
accounts · AA
2019-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-06