1ST LONDON PROPERTY LIMITED

🏛️Establishedactive
12498550 · ltd · incorporated 2020-03-04
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does

Day-to-day operations likely involve managing residential or commercial properties in and around London on behalf of landlords or investors — handling lettings, maintenance coordination, and tenant relations on a fee or contract basis — though recent strike-off filings suggest the business may now be largely inactive or winding down.

Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
75
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
-£9k-£7k-£5k-£3k-£794£1kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£-9.1k
Current assets£1.3k
Cash£1.2k
Debtors£99
Net assets£-9.1k
Average employees2

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
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-13
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-02-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-05-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2024-05-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-04-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-04-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-04-12
    KING, Neil James resigned
    director
  13. 2021-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-03-04
    🏢
    Company incorporated
    As 1ST LONDON PROPERTY LIMITED
  15. 2020-03-04
    BARRETT, Steven appointed
    director
  16. 2020-03-04
    STABLES, Martyn James appointed
    director
  17. 2020-03-04
    KING, Neil James appointed
    director
  18. 2020-03-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-17

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Steven Barrett
Individual · British · DOB 05/1966 · age 60
5075%
50–75%board control50-75% shares · 50-75% voting · board control04/03/2020
Mr Martyn James Stables
Individual · British · DOB 01/1967 · age 59
2550%
25–50%25-50% shares · 25-50% voting04/03/2020
1 historic (ceased) PSC
  • Mr Neil James Kingceased 12/04/2022· 25-50% shares · 25-50% voting

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 →

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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
Incorporated2020-03-04
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

10-12 Mulberry Green
Harlow
Essex
CM17 0ET
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-17OVERDUE
Last: 2025-03-03

Officers (2 active · 1 resigned)

BARRETT, Steven
director · ~60y · appointed 2020-03-04
View their other companies + combined net worth →
Active
STABLES, Martyn James
director · ~59y · appointed 2020-03-04
View their other companies + combined net worth →
Active
KING, Neil James
director · ~59y · appointed 2020-03-04 · resigned 2022-04-12
Resigned

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

Recent filings (18 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-21
dissolution-application-strike-off-company
dissolution · DS01
2026-04-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
gazette-filings-brought-up-to-date
gazette · DISS40
2024-05-29
gazette-notice-compulsory
gazette · GAZ1
2024-05-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-14
termination-director-company-with-name-termination-date
officers · TM01
2022-04-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-28