118 GAS LTD
- 43290Other construction installation
Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 70). 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 (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (13 events)Click to expand
- 2026-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-10➕SAYERS, Nigel James appointeddirector
- 2023-02-10➖SAYERS, Terrance James resigneddirector
- 2023-02-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-02-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-02-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-09-14🏢Company incorporatedAs 118 GAS LTD
- 2021-09-14➕SAYERS, Terrance James appointeddirector
- 2021-09-14📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nigel James Sayers Individual · English · DOB 04/1956 · age 70 | 75–100% | — | 75-100% shares | 10/02/2023 |
1 historic (ceased) PSC
- Terrance James Sayersceased 10/02/2023· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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9 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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
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