1ST TIME FIX GAS, PLUMBING & HEATING LTD
🏛️Establishedactive
11898508 · ltd · incorporated 2019-03-22
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£49.2k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
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: share sale to pe / searcher (58/100).
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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
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
72/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £49,223
Net assets shrinking
Down £52,566 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£49k
↓ 52% YoY
Current Assets
£130k
↓ 38% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £55.3k | £114.8k |
| Current assets | £129.5k | £208.4k |
| Net assets | £49.2k | £101.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
- 2026-01-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-29📄resolutionresolution · RESOLUTIONS
- 2019-03-22🏢Company incorporatedAs 1ST TIME FIX GAS, PLUMBING & HEATING LTD
- 2019-03-22➕HORNE, Donna Amanda appointeddirector
- 2019-03-22➕HORNE, Stephen John appointeddirector
- 2019-03-22📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +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.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Donna Amanda Horne Individual · British · DOB 06/1982 · age 44 | 25–50% | — | 25-50% shares | 22/03/2019 |
Mr Stephen John Horne Individual · British · DOB 12/1980 · age 46 | 25–50% | — | 25-50% shares | 22/03/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 STOP BUILDING & MAINTENANCE UK-UK LIMITED→ 14318474 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 108HOMES LTD→ 15804913 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 126BUILDING LTD→ 15864988 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 129 HOLDINGS SUTTON COLDFIELD LTD→ 11639970 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 13 VENTURES LTD→ 11585898 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 18 GOLF CONSTRUCTION LIMITED→ 15884247 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1TECH BUILDING SERVICES LTD→ 16638079 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 345 FLOORING SOLUTIONS LTD→ 11576558 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 360 FBR LTD→ 13096442 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 360 FLOORING LIMITED→ 07505442 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 360 MAINTENANCE LTD→ 14272164 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 360 PROPERTY RENOVATIONS LTD→ 12603722 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2019-03-22
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
Masonic Building
9 Mill Street
Sutton Coldfield
B72 1TJ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20
Officers (2 active · 0 resigned)
HORNE, Donna Amanda→
Activedirector · ~44y · appointed 2019-03-22
View their other companies + combined net worth →
HORNE, Stephen John→
Activedirector · ~46y · appointed 2019-03-22
View their other companies + combined net worth →
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
2026-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-20
resolution
resolution · RESOLUTIONS
2019-03-29