1ST PLATINUM HOMES LTD
💤Zombieactive
11292079 · ltd · incorporated 2018-04-05
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 Apr 2025
Net worth
£30.2k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 7.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £30,209
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£30k
↑ 6.9% YoY
Current Assets
£340
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £319.8k | £321.7k |
| Current assets | £340 | £340 |
| Net assets | £30.2k | £28.3k |
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-02-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-28🔒Charge registered #6Lender: Greymax Capital LTD
- 2025-08-28🔒Charge registered #5Lender: Greymax Capital LTD
- 2025-08-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-19🔓Charge satisfied #2
- 2025-08-19🔓Charge satisfied #1
- 2025-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-08-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-02🔒Charge registered #4Lender: Satnam Singh
- 2021-08-02🔒Charge registered #3Lender: Satnam Singh
- 2021-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-25📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-06-12📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2020-03-10📄gazette-notice-compulsorygazette · GAZ1
- 2018-05-17🔒Charge registered #2Lender: Bridgeco Limited
- 2018-05-17🔒Charge registered #1Lender: Bridgeco Limited
- 2018-04-05🏢Company incorporatedAs 1ST PLATINUM HOMES LTD
- 2018-04-05➕LAL, Amrik appointeddirector
Owner dependency
80/100
Critical — business is the founderThe 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.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome 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 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Amrik Lal Individual · British · DOB 02/1972 · age 54 | — | — | sig. influencesignificant influence | 05/04/2018 |
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
Active · Construction · IG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 09930724 PLC→ 09930724 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 114-118 MANOR ROAD FREEHOLD LIMITED→ 10204025 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 115 SOUTH STREET LTD→ 16317907 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1PM CONSTRUCTION LTD→ 11457051 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 1ST ACCURATE SERVICES LTD→ 04824556 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 1ST GAS PLUMBING AND HEATING LIMITED→ 16688309 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 22G TRANSPORT LTD→ 15279491 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 24/7 TRADES LTD→ 07578736 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 24HOUR BUILDING AND MAINTENANCE LTD→ 13401948 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 2FIX FACADES LTD→ 14139099 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 2H2 LTD→ 08035002 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 2MAK LTD→ 13711796 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2018-04-05
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings
Registered office
37 Parkway
Ilford
IG3 9HS
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14
Officers (1 active · 0 resigned)
Active
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
4
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Greymax Capital Greymax Capital LTD | A registered charge | 1 property | 28/08/2025 | — | |
| outstanding | Greymax Capital Greymax Capital LTD | A registered charge | — | 28/08/2025 | — | |
| outstanding | Satnam Singh | A registered charge | 1 property | 02/08/2021 | — | |
| outstanding | Satnam Singh | A registered charge | 1 property | 02/08/2021 | — | |
| satisfied | Bridgeco Bridgeco Limited | A registered charge | 1 property | 17/05/2018 | 19/08/2025 | |
| satisfied | Bridgeco Bridgeco Limited | A registered charge | 1 property | 17/05/2018 | 19/08/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (28 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-19
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-04-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-28