1ST CLASS U LIMITED

🌳Matureactive
09214994 · ltd · incorporated 2014-09-11
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 Sept 2024
Net worth
£72.2k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
7 officers (3 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
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 £72,179
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £848 YoY
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£72k
↓ 1.2% YoY
Current Assets
£8k
↑ 11% YoY
Current Liabilities
—
£0£15k£29k£44k£58k£73kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£204.4k£73.0k
Current assets£8.3k£7.5k
Cash—£7.2k
Debtors—£293
Net assets£72.2k£73.0k

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 (28 events)Click to expand
  1. 2025-05-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-02-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2023-05-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-05-29
    ➕
    SMITH, Giles Garwell appointed
    director
  9. 2020-05-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2019-12-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2019-12-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2019-12-01
    ➕
    NORRIS, Steffen appointed
    director
  13. 2019-11-30
    ➖
    CLIFF, Ruth resigned
    director
  14. 2019-10-22
    ➕
    CLIFF, Ruth appointed
    director
  15. 2019-10-22
    ➖
    CLIFF, Ruth resigned
    director
  16. 2019-10-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-10-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2019-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-06-05
    ➖
    NORRIS, Steffen resigned
    secretary
  20. 2019-06-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2018-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2017-06-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2015-10-23
    ➕
    NORRIS, Steffen appointed
    secretary
  24. 2014-10-15
    ➕
    NICHOLLS, Simon Iain appointed
    director
  25. 2014-10-01
    ➕
    CLIFF, Ruth appointed
    director
  26. 2014-10-01
    ➖
    NICHOLLS, Simon Iain resigned
    director
  27. 2014-09-11
    🏢
    Company incorporated
    As 1ST CLASS U LIMITED
  28. 2014-09-11
    ➕
    NICHOLLS, Simon Iain appointed
    director

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

35/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Simon Iain Nicholls
Individual · British · DOB 03/1969 · age 57
75–100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence06/04/2016

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

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
Incorporated2014-09-11
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

116 Aylesbury Road
Bedford
MK41 9RF

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11

Officers (3 active · 4 resigned)

NICHOLLS, Simon Iain→
director · ~57y · appointed 2014-10-15
View their other companies + combined net worth →
Active
NORRIS, Steffen→
director · ~57y · appointed 2019-12-01
View their other companies + combined net worth →
Active
SMITH, Giles Garwell→
director · ~47y · appointed 2020-05-29
View their other companies + combined net worth →
Active
NORRIS, Steffen→
secretary · appointed 2015-10-23 · resigned 2019-06-05
Resigned
CLIFF, Ruth→
director · ~59y · appointed 2019-10-22 · resigned 2019-11-30
Resigned
CLIFF, Ruth→
director · ~59y · appointed 2014-10-01 · resigned 2019-10-22
Resigned
NICHOLLS, Simon Iain→
director · ~57y · appointed 2014-09-11 · resigned 2014-10-01
Resigned

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

Recent filings (36 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-03
change-person-director-company-with-change-date
officers · CH01
2024-02-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-23
appoint-person-director-company-with-name-date
officers · AP01
2020-05-29
appoint-person-director-company-with-name-date
officers · AP01
2019-12-10