1STPROPERTIESUK LTD

💤Zombieactive
12640761 · ltd · incorporated 2020-06-02
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 Jun 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (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: share sale to pe / searcher (73/100).

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, 3 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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-01-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-03-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-08-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-08-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-07-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-07-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-07-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-07-20
    TSANG, Yuen resigned
    director
  10. 2023-02-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-10-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2022-06-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-11-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2021-10-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-10-12
    MIKULECKY, Jakub resigned
    director
  17. 2021-03-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-03-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-03-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2021-01-01
    SINGH, Sandeep appointed
    director
  21. 2020-06-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2020-06-09
    MIKULECKY, Jakub appointed
    director
  23. 2020-06-02
    🏢
    Company incorporated
    As 1STPROPERTIESUK LTD
  24. 2020-06-02
    TSANG, Yuen appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Sandeep Singh
Individual · British · DOB 04/1967 · age 59
board controlboard control · trust interest · firm interest01/08/2023
2 historic (ceased) PSCs
  • Mr Sandeep Singhceased 01/08/2023· 50-75% shares · board control
  • Ms Yuen Tsangceased 20/07/2023· 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.

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

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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.

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Company details

Statusactive
Typeltd
Incorporated2020-06-02
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

307 42-46, Hagley Road
Edgbaston
Birmingham
B16 8PE
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18

Officers (1 active · 2 resigned)

SINGH, Sandeep
director · ~59y · appointed 2021-01-01
View their other companies + combined net worth →
Active
MIKULECKY, Jakub
director · ~31y · appointed 2020-06-09 · resigned 2021-10-12
Resigned
TSANG, Yuen
director · ~58y · appointed 2020-06-02 · resigned 2023-07-20
Resigned

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

Recent filings (26 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-03
accounts-with-accounts-type-dormant
accounts · AA
2025-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-05
accounts-with-accounts-type-dormant
accounts · AA
2024-03-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-30
termination-director-company-with-name-termination-date
officers · TM01
2023-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-13