1ST BRITISH TECHNOLOGY SOLUTIONS (UK) LIMITED

💤Zombieactive
11567458 · ltd · incorporated 2018-09-13
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.
Why now
Window opening · high confidence
More negotiable than before — 4 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 50
  • · Bankability: 80 → 60
  • · Deal-killer verdict: workable → complicated
  • · Opportunity score: 77 → 67
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 4 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 4 negative signals vs 0 positive.

  • Deal-killer verdict: workablecomplicated
  • Opportunity score: 7767
  • Hygiene score: 9050
  • Bankability: 8060
  • ·Distress / opportunity: avoidspeculative
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 60/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 7.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
64
Some moderate concerns — review flags.
Signal strength
100
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£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Average employees100100

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-06-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-08-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-08-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-08-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-08-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-08-07
    GANATRA, Pritesh resigned
    director
  8. 2024-08-01
    JENKINS, Mark Anthony appointed
    director
  9. 2024-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-11-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-07-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-11-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2018-11-29
    🔒
    Charge registered #1
    Lender: Alfandari Private Equities LTD
  16. 2018-09-13
    🏢
    Company incorporated
    As 1ST BRITISH TECHNOLOGY SOLUTIONS (UK) LIMITED
  17. 2018-09-13
    GANATRA, Pritesh appointed
    director
  18. 2018-09-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

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 65. 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 · 1 low
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: 2026-06-30

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
Mr Pritesh Ganatra
Individual · British · DOB 05/1969 · age 57
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/09/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2018-09-13
Jurisdictionengland-wales
Primary SIC62020 — Information technology consultancy activities

Registered office

31 Freehold Street
Northampton
NN2 6EW
England

Filing status

Accounts
Next due: 2026-06-30OVERDUE
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30

Officers (1 active · 1 resigned)

JENKINS, Mark Anthony
director · ~65y · appointed 2024-08-01
View their other companies + combined net worth →
Active
GANATRA, Pritesh
director · ~57y · appointed 2018-09-13 · resigned 2024-08-07
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Alfandari Private Equities
Alfandari Private Equities LTD
A registered charge7 properties29/11/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
change-person-director-company-with-change-date
officers · CH01
2024-08-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-20
termination-director-company-with-name-termination-date
officers · TM01
2024-08-20
appoint-person-director-company-with-name-date
officers · AP01
2024-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-28