1ST IT LIMITED

💤Zombieactive
10832316 · ltd · incorporated 2017-06-22
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£17.7k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (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: strategic trade sale (65/100).

Data confidence

Overall: high (81/100)

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
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 £17,689
Net assets shrinking
Down £72,123 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£18k
↓ 80% YoY
Current Assets
£364k
↓ 25% YoY
Current Liabilities
—
£0£97k£194k£291k£387k£484kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£20.8k£89.8k
Current assets£363.7k£484.3k
Net assets£17.7k£89.8k

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
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-04-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-11-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-08-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-07-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-06-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-04-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-04-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-04-19
    ➕
    RAYAREL, Pritesh appointed
    director
  9. 2024-04-15
    ➖
    RAYAREL, Vishma resigned
    director
  10. 2024-04-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-04-11
    ➖
    RAYAREL, Pritesh resigned
    director
  12. 2024-03-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-03-25
    ➕
    RAYAREL, Pritesh appointed
    director
  14. 2023-11-14
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  15. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2022-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2022-07-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-07-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2020-09-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2019-10-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  21. 2019-09-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  22. 2019-06-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  23. 2018-04-25
    ➖
    KAYA, Riza resigned
    director
  24. 2018-04-25
    ➕
    RAYAREL, Vishma appointed
    director
  25. 2017-06-22
    🏢
    Company incorporated
    As 1ST IT LIMITED
  26. 2017-06-22
    ➕
    KAYA, Riza appointed
    director

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

45/100
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.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Vishma Rayarel
Individual · French · DOB 01/1979 · age 47
75–100%
75–100%75-100% shares · 75-100% voting25/04/2018
1 historic (ceased) PSC
  • Mr Riza Kayaceased 25/04/2018· 75-100% shares · 75-100% voting

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
Incorporated2017-06-22
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development

Registered office

C/O Moracle Limited 960
Capability Green
Luton
LU1 3PE
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-05
Last: 2025-06-21

Officers (1 active · 3 resigned)

RAYAREL, Pritesh→
director · ~43y · appointed 2024-04-19
View their other companies + combined net worth →
Active
KAYA, Riza→
director · ~47y · appointed 2017-06-22 · resigned 2018-04-25
Resigned
RAYAREL, Pritesh→
director · ~43y · appointed 2024-03-25 · resigned 2024-04-11
Resigned
RAYAREL, Vishma→
director · ~47y · appointed 2018-04-25 · resigned 2024-04-15
Resigned

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

Recent filings (33 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-14
termination-director-company-with-name-termination-date
officers · TM01
2024-04-30
appoint-person-director-company-with-name-date
officers · AP01
2024-04-25
termination-director-company-with-name-termination-date
officers · TM01
2024-04-12
appoint-person-director-company-with-name-date
officers · AP01
2024-03-27
default-companies-house-registered-office-address-applied
address · RP05
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-31