1 GAS CONNECTIONS LIMITED
🏛️Establishedactive
10770429 · ltd · incorporated 2017-05-15
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 Jun 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 35220
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: active trading company 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: 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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
26 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 200 | 200 |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-24📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-02-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-07-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-07-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-15➕NICOD, Zafar appointeddirector
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-07-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-01➖NICOD, Zafar resigneddirector
- 2022-02-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-28➕NICOD, Olivia appointeddirector
- 2020-04-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-15🏢Company incorporatedAs 1 GAS CONNECTIONS LIMITED
- 2017-05-15➕NICOD, Zafar appointeddirector
Owner dependency
74/100
High — earn-out structure requiredMaterial 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.
Succession & seller-readiness
46/100
Moderate signalSome 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Zafar Nicod Individual · British · DOB 10/1967 · age 59 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 15/05/2017 |
2 historic (ceased) PSCs
- Miss Olivia Nicodceased 31/07/2023· 75-100% shares
- Mr Zafar Nicodceased 01/07/2022· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| A J ROBERTS ENGINEERING SERVICES LTD→ 11206679 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| A WYMARK ELECTRICAL LIMITED→ 08663893 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| A.S.L SKIP AND GRAB HIRE LTD→ 16899976 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AKA MECHANICAL LTD→ 09473608 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ALRATE GEORGE - WASTE REMOVALS & RECYCLING LTD→ 16478825 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALVECHURCH HEATING & PLUMBING SERVICES LIMITED→ 01115836 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| ANSLOW RENEWABLES LIMITED→ 12040216 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AQUASERVE ENGINEERING LIMITED→ 06722818 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AR RECYCLING (SOMERCOTES) LTD→ 14490420 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASCOT VEHICLE BREAKERS LTD→ 10109167 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ASH SOLAR FARM LIMITED→ 13621165 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ASHFORD MILL DEVELOPMENTS LTD→ 06585285 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated2017-05-15
Jurisdictionengland-wales
Primary SIC35220 — SIC 35220
Registered office
11 Longley Lane
Spondon
Derby
DE21 7AT
United Kingdom
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02
Officers (2 active · 1 resigned)
NICOD, Olivia→
Activedirector · ~32y · appointed 2020-04-28
View their other companies + combined net worth →
NICOD, Zafar→
Activedirector · ~59y · appointed 2023-07-15
View their other companies + combined net worth →
NICOD, Zafar→
Resigneddirector · ~59y · appointed 2017-05-15 · resigned 2022-07-01
Click a director name to see their full track record across all companies.
Recent filings (26 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
change-account-reference-date-company-previous-extended
accounts · AA01
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-31
appoint-person-director-company-with-name-date
officers · AP01
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-19
termination-director-company-with-name-termination-date
officers · TM01
2022-07-19