1 PLUS (EUROPE) LTD
💤Zombieactive
12281952 · ltd · incorporated 2019-10-25
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 Dec 2024
Net worth
£-107.4k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
ALSO REGISTERED FOR
- 81100SIC 81100
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). 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: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £107,377
Cash YoY
+178%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£5k
↑ 178% YoY
Net Worth
-£107k
↓ 26% YoY
Current Assets
£5k
↑ 173% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-38.5k | £-27.8k |
| Current assets | £4.6k | £1.7k |
| Cash | £4.6k | £1.7k |
| Debtors | £0 | £31 |
| Net assets | £-107.4k | £-84.9k |
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 (27 events)Click to expand
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-03-01➖1ST SECRETARIES LIMITED resignedcorporate-secretary
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-13📍default-companies-house-registered-office-address-appliedaddress · RP05
- 2022-11-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-15➖WONG, Yu Han resigneddirector
- 2022-10-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-03📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2022-08-02➕1ST SECRETARIES LIMITED appointedcorporate-secretary
- 2022-07-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-28📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2020-01-28📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2020-01-28📄elect-to-keep-the-secretaries-register-information-on-the-public-registerofficers · EH03
- 2019-11-26📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2019-11-20📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2019-11-19📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2019-10-28➕TAN, Yih Ming appointeddirector
- 2019-10-28➖MING, Tan Yih resigneddirector
- 2019-10-25🏢Company incorporatedAs 1 PLUS (EUROPE) LTD
- 2019-10-25➕MING, Tan Yih appointeddirector
- 2019-10-25➕WONG, Yu Han appointeddirector
Owner dependency
90/100
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.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. 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
cleanNo 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 |
|---|---|---|---|---|
Yih San Tan Individual · Singaporean · DOB 04/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 25/10/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · WC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 PARADISE GARDENS LIMITED→ 09990983 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 105 PARK ROAD LTD→ 12145125 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 153 CAMBRIDGE STREET LIMITED→ 03620659 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| 155 THORPEDALE ROAD LIMITED→ 10274939 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 15A TOTTENHAM LANE (HORNSEY) LIMITED→ 13560377 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 16SIXTY PROPERTY INVESTMENT LIMITED→ 15585229 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 17 HIGHGATE HILL LIMITED→ 11178520 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 17 SPRINGFIELD LTD→ 14345510 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 178-186 TRONGATE HOLDINGS LIMITED→ 16980763 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 178-186 TRONGATE OPERATOR LIMITED→ 16983381 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 178-186 TRONGATE PROPERTY OWNER LIMITED→ 16981027 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 18 LEIGH STREET LIMITED→ 09232583 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2019-10-25
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis
Registered office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-11
Last: 2025-08-28
Officers (1 active · 3 resigned)
TAN, Yih Ming→
Activedirector · ~66y · appointed 2019-10-28
View their other companies + combined net worth →
1ST SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2022-08-02 · resigned 2024-03-01
MING, Tan Yih→
Resigneddirector · ~66y · appointed 2019-10-25 · resigned 2019-10-28
WONG, Yu Han→
Resigneddirector · ~54y · appointed 2019-10-25 · resigned 2022-10-15
Click a director name to see their full track record across all companies.
Recent filings (35 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
termination-secretary-company-with-name-termination-date
officers · TM02
2024-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-27
default-companies-house-registered-office-address-applied
address · RP05
2023-03-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-10
termination-director-company-with-name-termination-date
officers · TM01
2022-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-14
appoint-corporate-secretary-company-with-name-date
officers · AP04
2022-08-03