1HX SPORTS LIMITED

🌳Matureactive
08247448 · ltd · incorporated 2012-10-10
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 Oct 2024
Net worth
£41.6k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 47510
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (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: share sale to pe / searcher (73/100).

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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £41,616
Cash YoY
+282%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£42k
↑ 282% YoY
Net Worth
£42k
↑ 143% YoY
Current Assets
£64k
↑ 98% YoY
Current Liabilities
£0£13k£26k£38k£51k£64kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Total assets£41.6k£17.1k
Current assets£64.1k£32.3k
Cash£41.5k£10.9k
Debtors£18.0k£16.8k
Net assets£41.6k£17.1k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-09-23
    📄
    memorandum-articles
    incorporation · MA
  3. 2024-09-23
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2024-09-12
    📄
    capital-name-of-class-of-shares
    capital · SH08
  5. 2024-09-12
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  6. 2024-08-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-08-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-08-28
    CROAD, Tracy Jayne appointed
    director
  9. 2024-08-28
    📄
    capital-allotment-shares
    capital · SH01
  10. 2024-07-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2023-07-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2022-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2012-10-10
    🏢
    Company incorporated
    As 1HX SPORTS LIMITED
  19. 2012-10-10
    CROAD, Ian Peter appointed
    director

Owner dependency

79/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. 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 14 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Ian Peter Croad
Individual · British · DOB 06/1964 · age 62
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/05/2016

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2012-10-10
Jurisdictionengland-wales
Primary SIC47510 — SIC 47510

Registered office

37 Rowan Way
Northowram
Halifax
Yorkshire
HX3 7WF

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (2 active · 0 resigned)

CROAD, Ian Peter
director · ~62y · appointed 2012-10-10
View their other companies + combined net worth →
Active
CROAD, Tracy Jayne
director · ~64y · appointed 2024-08-28
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-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-11
memorandum-articles
incorporation · MA
2024-09-23
resolution
resolution · RESOLUTIONS
2024-09-23
capital-name-of-class-of-shares
capital · SH08
2024-09-12
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-09-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-29
appoint-person-director-company-with-name-date
officers · AP01
2024-08-29
capital-allotment-shares
capital · SH01
2024-08-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-29