1ST KBB LTD

💤Zombieactive
14029512 · ltd · incorporated 2022-04-06
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
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Turnover
year to Apr 2025
Net worth
£12
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), 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: 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: 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £12

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£12
Current Assets
£1
Current Liabilities
£0£2£5£7£10£12Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£12
Current assets£1
Net assets£12

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-01-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-27
    📄
    capital-allotment-shares
    capital · SH01
  3. 2025-05-27
    📄
    capital-allotment-shares
    capital · SH01
  4. 2025-05-27
    📄
    capital-allotment-shares
    capital · SH01
  5. 2025-05-27
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2025-01-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-12-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-04-06
    🏢
    Company incorporated
    As 1ST KBB LTD
  9. 2022-04-06
    MOREL, Anthony Michael appointed
    director
  10. 2022-04-06
    📄
    incorporation-company
    incorporation · NEWINC

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 58 — 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 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-05-27: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Anthony Michael Morel
Individual · British · DOB 04/1968 · age 58
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2022

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

Statusactive
Typeltd
Incorporated2022-04-06
Jurisdictionengland-wales
Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

Unit 10 Manor Park
Banbury
OX16 3TB
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-19
Last: 2026-04-05

Officers (1 active · 0 resigned)

MOREL, Anthony Michael
director · ~58y · appointed 2022-04-06
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-27
capital-allotment-shares
capital · SH01
2025-05-27
capital-allotment-shares
capital · SH01
2025-05-27
capital-allotment-shares
capital · SH01
2025-05-27
certificate-change-of-name-company
change-of-name · CERTNM
2025-05-27
accounts-with-accounts-type-dormant
accounts · AA
2025-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-dormant
accounts · AA
2023-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-18
incorporation-company
incorporation · NEWINC
2022-04-06