FIRST 4 HEATING LTD

⚰️Wound downdissolved
12744243 · ltd · incorporated 2020-07-15
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2023
Net worth
£1.8k
book net assets
Opportunity
52/100
Worth a look
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (82/100)

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
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1,785

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↑ 167% YoY
Current Assets
£31k
↑ 821% YoY
Current Liabilities
-£3k£4k£11k£17k£24k£31kJul 2022Jul 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2023-07-312022-07-31
Total assets£3.0k£-1.5k
Current assets£30.8k£3.3k
Net assets£1.8k£-2.7k

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-04-07
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2026-04-07
    🏁
    Company dissolved
  3. 2026-02-17
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-12-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-11-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-11-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-11-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-11-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2025-11-11
    HARTLEY, Stuart Philip resigned
    director
  10. 2025-11-11
    TILLEY, Anthony John resigned
    director
  11. 2025-05-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2025-05-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2025-05-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2025-04-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2025-04-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2025-03-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2025-02-07
    HARTLEY, Stuart Philip appointed
    director
  18. 2025-02-07
    HAVELOCK, Luke Richard Jonathan resigned
    director
  19. 2025-02-07
    TILLEY, Anthony John appointed
    director
  20. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2023-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2022-10-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  23. 2022-10-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  24. 2022-07-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2021-08-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  26. 2021-08-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  27. 2021-08-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  28. 2021-07-22
    HAVELOCK, Luke Richard Jonathan appointed
    director
  29. 2021-06-04
    JEFFERIES, Ryan John resigned
    director
  30. 2020-07-15
    🏢
    Company incorporated
    As FIRST 4 HEATING LTD
  31. 2020-07-15
    ASHBEE, Luke Dean appointed
    director
  32. 2020-07-15
    JEFFERIES, Ryan John 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

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2026-04-07

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: HARTLEY, Stuart Philip resigned 2025-11-11; TILLEY, Anthony John resigned 2025-11-11

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Luke Dean Ashbee
Individual · British · DOB 03/1984 · age 42
2550%
25-50% shares15/07/2020
4 historic (ceased) PSCs
  • Mr Stuart Philip Hartleyceased 12/11/2025· 25-50% shares · 25-50% voting
  • Mr Anthony John Tilleyceased 11/11/2025· 25-50% shares · 25-50% voting
  • Mr Luke Richard Jonathan Havelockceased 07/02/2025· 25-50% shares
  • Mr Ryan John Jefferiesceased 04/06/2021· 25-50% shares

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

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

Statusdissolved
Typeltd
Incorporated2020-07-15
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

Unit 3, Vista Place
Ingworth Road
Poole
BH12 1JY
England

Filing status

Accounts
Next due:
Last made up to: 2023-07-31
Confirmation statement
Next due:
Last: 2025-07-14

Officers (0 active · 4 resigned)

ASHBEE, Luke Dean
director · ~42y · appointed 2020-07-15
View their other companies + combined net worth →
Active
HARTLEY, Stuart Philip
director · ~40y · appointed 2025-02-07 · resigned 2025-11-11
Resigned
HAVELOCK, Luke Richard Jonathan
director · ~37y · appointed 2021-07-22 · resigned 2025-02-07
Resigned
JEFFERIES, Ryan John
director · ~40y · appointed 2020-07-15 · resigned 2021-06-04
Resigned
TILLEY, Anthony John
director · ~49y · appointed 2025-02-07 · resigned 2025-11-11
Resigned

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

Recent filings (31 total)

gazette-dissolved-compulsory
gazette · GAZ2
2026-04-07
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-02-17
gazette-notice-compulsory
gazette · GAZ1
2025-12-30
termination-director-company-with-name-termination-date
officers · TM01
2025-11-20
termination-director-company-with-name-termination-date
officers · TM01
2025-11-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-01
appoint-person-director-company-with-name-date
officers · AP01
2025-04-24
appoint-person-director-company-with-name-date
officers · AP01
2025-04-24
termination-director-company-with-name-termination-date
officers · TM01
2025-03-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-16