1ST CITY DEVELOPMENT GROUP LIMITED

💤Zombieactive

12094215 · ltd · incorporated 2019-07-09

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 Jul 2024

Net worth

£-1.2k

book net assets

Opportunity

72/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

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. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (72/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

30 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £1,240

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

-£1k

Current Assets

£65

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-07-31
Total assets	£-1.2k
Current assets	£65
Net assets	£-1.2k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2026-04-24
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-07-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-28
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-07-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-29
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-12
📄
change-person-director-company-with-change-date
officers · CH01
2024-03-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-10-14
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2022-10-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-27
📄
gazette-notice-compulsory
gazette · GAZ1
2022-04-29
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-11-06
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2021-11-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-28
📄
gazette-notice-compulsory
gazette · GAZ1
2021-07-28
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2021-07-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-15
📄
gazette-notice-compulsory
gazette · GAZ1
2020-07-24
➕
SENGUPTA, Roma appointed
director
2020-07-24
➖
SENGUPTA, Subhajit resigned
director
2020-07-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-07-09
🏢
Company incorporated
As 1ST CITY DEVELOPMENT GROUP LIMITED
2019-07-09
➕
SENGUPTA, Subhajit appointed
director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100

Moderate signal

Some 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Roma Sengupta Individual · British · DOB 02/1977 · age 49	75–100%	—	75-100% shares	24/07/2020

1 historic (ceased) PSC

Mr Subhajit Senguptaceased 24/07/2020· 75-100% shares · 75-100% voting · board control

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 · Property · B postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
105 WHICHMORE PROPERTIES LIMITED→ 11594592 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
170TE ASKL & SONS LTD→ 17077310 · est 2026 · no financials extracted	—	—	—	—	—	—	—
2 BROTHERS INVESTMENT LTD→ 15858491 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
2 HIGH LTD→ 15476257 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
220 PROPERTY LIMITED→ 16733111 · est 2025 · no financials extracted	—	—	—	—	—	—	—
24 LIVING LIMITED→ 16657645 · est 2025 · no financials extracted	—	—	—	—	—	—	—
24 MARINE DEVELOPMENT LIMITED→ 15480279 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
25 TEVERSAL AVENUE LIMITED→ 16857521 · est 2025 · no financials extracted	—	—	—	—	—	—	—
253CR ASKL & SONS LTD→ 17077397 · est 2026 · no financials extracted	—	—	—	—	—	—	—
258 ESTATES LIMITED→ 15598984 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
25ELEVEN LTD→ 15000742 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
262A HIGH ROAD LIMITED→ 15133470 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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

🔒Tailored diligence questions

7 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

Incorporated2019-07-09

Jurisdictionengland-wales

Primary SIC68100 — Buying and selling of own real estate

Registered office

573 Chester Road

Sutton Coldfield

B73 5HU

England

Filing status

Accounts

Next due: 2026-07-24

Last made up to: 2024-07-31

Confirmation statement

Next due: 2026-07-22

Last: 2025-07-08

Officers (1 active · 1 resigned)

SENGUPTA, Roma→

director · ~49y · appointed 2020-07-24

View their other companies + combined net worth →

Active

SENGUPTA, Subhajit→

director · ~51y · appointed 2019-07-09 · resigned 2020-07-24

Resigned

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

Recent filings (30 total)

change-account-reference-date-company-previous-shortened

accounts · AA01

2026-04-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-08-17

accounts-with-accounts-type-micro-entity

accounts · AA

2025-07-25

change-account-reference-date-company-previous-shortened

accounts · AA01

2025-04-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-11

accounts-with-accounts-type-micro-entity

accounts · AA

2024-07-26

change-account-reference-date-company-previous-shortened

accounts · AA01

2024-04-29

change-person-director-company-with-change-date

officers · CH01

2024-03-12

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2024-03-12

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-08-04

accounts-with-accounts-type-micro-entity

accounts · AA

2023-07-28

change-account-reference-date-company-previous-shortened

accounts · AA01

2023-04-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-11-08

gazette-filings-brought-up-to-date

gazette · DISS40

2022-10-14

accounts-with-accounts-type-micro-entity

accounts · AA

2022-10-13