001IT LIMITED
Opportunity 72/100 (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: strategic trade sale (73/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 3 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (21 events)Click to expand
- 2026-01-09📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-01-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-01-09📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-09📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-10-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-07-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-07-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-01➕AZZOPARDI, Michelle Louise appointeddirector
- 2020-07-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-31📄change-person-secretary-company-with-change-dateofficers · CH03
- 2017-10-12🏢Company incorporatedAs 001IT LIMITED
- 2017-10-12➕AZZOPARDI, Toby appointedsecretary
- 2017-10-12➕AZZOPARDI, Toby appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Toby Azzopardi Individual · British · DOB 07/1977 · age 49 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 12/10/2017 |
Mrs Michelle Louise Azzopardi Individual · British · DOB 04/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (3 active · 0 resigned)
Click a director name to see their full track record across all companies.