1ST LEISURE CORPORATION LTD

🌿Early-stageactive
14299718 · ltd · incorporated 2022-08-16
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-21.6k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 70100Activities of head offices
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (74/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
25 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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £21,631

Key financials

1 year extracted from filed iXBRL accounts
Cash
£4k
Net Worth
-£22k
Current Assets
£132k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Total assets£118.4k
Current assets£132.3k
Cash£3.6k
Debtors£128.7k
Net assets£-21.6k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-08-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-08-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-07-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-07-07
    FARGHALY, Lucas appointed
    director
  6. 2024-09-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-09-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-08-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2024-08-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-08-12
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  11. 2024-04-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2024-04-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  13. 2024-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2023-10-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2022-10-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2022-09-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2022-09-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2022-09-14
    📄
    capital-allotment-shares
    capital · SH01
  19. 2022-08-16
    🏢
    Company incorporated
    As 1ST LEISURE CORPORATION LTD
  20. 2022-08-16
    ZUK, Alexander appointed
    director
  21. 2022-08-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alexander Zuk
Individual · British · DOB 06/1989 · age 37
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/08/2022
1 historic (ceased) PSC
  • Mr Elliot Jackceased 17/10/2022· 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

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
Incorporated2022-08-16
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars

Registered office

73a London Road
Alderley Edge
Cheshire
SK9 7DY
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08

Officers (2 active · 0 resigned)

FARGHALY, Lucas
director · ~30y · appointed 2025-07-07
View their other companies + combined net worth →
Active
ZUK, Alexander
director · ~37y · appointed 2022-08-16
View their other companies + combined net worth →
Active

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

Recent filings (25 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-11
change-person-director-company-with-change-date
officers · CH01
2025-08-11
appoint-person-director-company-with-name-date
officers · AP01
2025-07-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-23
change-person-director-company-with-change-date
officers · CH01
2024-08-23
change-account-reference-date-company-current-extended
accounts · AA01
2024-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-22
certificate-change-of-name-company
change-of-name · CERTNM
2024-04-22
certificate-change-of-name-company
change-of-name · CERTNM
2024-04-22