1M PROPERTY DEVELOPMENT LIMITED

💤Zombieactive
09305482 · ltd · incorporated 2014-11-11
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
£11.0k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Other building completion and finishing
Sector: Construction
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. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
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
25 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 £11,030

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£11k
↑ 23% YoY
Current Assets
£14k
↓ 40% YoY
Current Liabilities
£0£5k£9k£14k£19k£24kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£5.5k£16.2k
Current assets£14.1k£23.6k
Net assets£11.0k£9.0k

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 (20 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-10-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-07-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-07-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2017-07-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2016-08-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2016-07-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2015-09-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-09-18
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2015-09-18
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2015-09-01
    MIRICA, Elena Adriana appointed
    secretary
  16. 2015-09-01
    OPREA, Iuliu Valentin resigned
    secretary
  17. 2014-11-11
    🏢
    Company incorporated
    As 1M PROPERTY DEVELOPMENT LIMITED
  18. 2014-11-11
    MIRICA, Vasile Marian appointed
    director
  19. 2014-11-11
    OPREA, Iuliu Valentin appointed
    secretary
  20. 2014-11-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 Marian Mirica
Individual · Romanian · DOB 09/1976 · age 50
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest22/09/2016

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
Incorporated2014-11-11
Jurisdictionengland-wales
Primary SIC43390 — Other building completion and finishing

Registered office

55 North Cross Road
London
SE22 9ET

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-06
Last: 2025-09-22

Officers (2 active · 1 resigned)

MIRICA, Elena Adriana
secretary · appointed 2015-09-01
View their other companies + combined net worth →
Active
MIRICA, Vasile Marian
director · ~50y · appointed 2014-11-11
View their other companies + combined net worth →
Active
OPREA, Iuliu Valentin
secretary · appointed 2014-11-11 · resigned 2015-09-01
Resigned

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

Recent filings (25 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-07
accounts-with-accounts-type-dormant
accounts · AA
2021-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-20
accounts-with-accounts-type-dormant
accounts · AA
2020-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-04
accounts-with-accounts-type-dormant
accounts · AA
2019-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-05