1STARPROMOTION LTD

💤Zombieactive
11416843 · ltd · incorporated 2018-06-14
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 2023
Net worth
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

Data confidence

Overall: medium (69/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2022Jun 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-06-302022-06-30

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-06-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-06-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-04-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-05-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-03-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-07-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-03-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-06-14
    🏢
    Company incorporated
    As 1STARPROMOTION LTD
  9. 2018-06-14
    MATTHEWS, Kenneth appointed
    director
  10. 2018-06-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
Critical — business is the founder

The 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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-03-31

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

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Company details

Statusactive
Typeltd
Incorporated2018-06-14
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

3 Woodburn
Preston
PR1 9FN
United Kingdom

Filing status

Accounts
Next due: 2025-03-31OVERDUE
Last made up to: 2023-06-30
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (1 active · 0 resigned)

MATTHEWS, Kenneth
director · ~63y · appointed 2018-06-14
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-14
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-30
accounts-with-accounts-type-dormant
accounts · AA
2024-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-14
accounts-with-accounts-type-dormant
accounts · AA
2023-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-23
accounts-with-accounts-type-dormant
accounts · AA
2022-03-29
accounts-with-accounts-type-dormant
accounts · AA
2021-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-16
accounts-with-accounts-type-dormant
accounts · AA
2020-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-16