1ST CHOICE GRAB HIRE LIMITED

🏛️Establishedactive
10405017 · ltd · incorporated 2016-10-01
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£13.2k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (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: 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
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
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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 · accounting standard not declared
Positive net assets
Net assets £13,192
Net assets shrinking
Down £423 YoY
Cash YoY
-25%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£21k
↓ 25% YoY
Net Worth
£13k
↓ 3.1% YoY
Current Assets
£30k
↓ 9.5% YoY
Current Liabilities
£0£7k£13k£20k£26k£33kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£16.7k£22.3k
Current assets£29.7k£32.8k
Cash£21.3k£28.3k
Debtors£6.7k£2.6k
Net assets£13.2k£13.6k

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
7
filings
  • 3 persons-with-significant-control
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-22
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  2. 2025-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-12-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-12-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-12-15
    📄
    capital-allotment-shares
    capital · SH01
  6. 2025-12-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-12-15
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  8. 2025-03-01
    DOWD, Barbara Ann appointed
    director
  9. 2024-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-07-22
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  16. 2019-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-09-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  18. 2018-09-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  19. 2016-10-01
    🏢
    Company incorporated
    As 1ST CHOICE GRAB HIRE LIMITED
  20. 2016-10-01
    DOWD, Joseph Martin 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 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 Joseph Martin Dowd
Individual · British · DOB 01/1969 · age 57
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/03/2025
Mrs Barbara Ann Dowd
Individual · British · DOB 08/1967 · age 59
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/03/2025

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2016-10-01
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

420 Manchester Road
Denton
Manchester
M34 2WA
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30

Officers (2 active · 0 resigned)

DOWD, Barbara Ann
director · ~59y · appointed 2025-03-01
View their other companies + combined net worth →
Active
DOWD, Joseph Martin
director · ~57y · appointed 2016-10-01
View their other companies + combined net worth →
Active

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

Recent filings (27 total)

replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2025-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-15
capital-allotment-shares
capital · SH01
2025-12-15
appoint-person-director-company-with-name-date
officers · AP01
2025-12-15
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-11