1ST CHOICE PROPERTIES (MILTON KEYNES) LIMITED

💤Zombieactive
09306317 · 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 Mar 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (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 (73/100).

Data confidence

Overall: medium (79/100)

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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

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

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees5400

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 (22 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-11-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-07-30
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2020-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-05-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-11-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2018-11-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-11-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2018-08-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-08-01
    DEANE, Jonathan Adrian, Mr. resigned
    director
  18. 2017-08-01
    DEANE, Mark Stephen resigned
    director
  19. 2014-11-11
    🏢
    Company incorporated
    As 1ST CHOICE PROPERTIES (MILTON KEYNES) LIMITED
  20. 2014-11-11
    LEGGETT, Mark Andrew appointed
    director
  21. 2014-11-11
    DEANE, Jonathan Adrian, Mr. appointed
    director
  22. 2014-11-11
    DEANE, Mark Stephen appointed
    director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • 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 Mark Andrew Leggett
Individual · British · DOB 10/1964 · age 62
75100%
75-100% shares01/10/2017
1 historic (ceased) PSC
  • Mr Jon Deaneceased 01/10/2017· significant influence

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 SIC68209 — Other letting and operating of own or leased real estate

Registered office

6 The Old Yard Lodge Farm Business Centre
Castlethorpe
Milton Keynes
MK19 7ES
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (1 active · 2 resigned)

LEGGETT, Mark Andrew
director · ~62y · appointed 2014-11-11
View their other companies + combined net worth →
Active
DEANE, Jonathan Adrian, Mr.
director · ~59y · appointed 2014-11-11 · resigned 2017-08-01
Resigned
DEANE, Mark Stephen
director · ~60y · appointed 2014-11-11 · resigned 2017-08-01
Resigned

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

Recent filings (34 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-23
change-person-director-company-with-change-date
officers · CH01
2022-11-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
resolution
resolution · RESOLUTIONS
2021-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-09