1ST ELECTRICAL LTD
Opportunity 70/100 (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: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (69/100)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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 |
|---|---|
| Total assets | £-174 |
| Current assets | £1.3k |
| Cash | £1.3k |
| Net assets | £-174 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 officers
- • 1 officers
- • 1 officers
- • 1 accounts
Corporate timeline (9 events)Click to expand
- 2026-04-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-20➕JOHNSON, Daniel David appointeddirector
- 2024-04-20➖JOHNSON, Daniel David resigneddirector
- 2024-04-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-02🏢Company incorporatedAs 1ST ELECTRICAL LTD
- 2024-02-02➕JOHNSON, Conna David appointeddirector
- 2024-02-02📄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.
- +Young company: Only 2.2 years old — management layer unlikely to be developed.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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 Conna David Johnson Individual · British · DOB 04/2005 · age 21 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/02/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 05748280 LTD→ 05748280 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 0800 REWIRE LIMITED→ 13286405 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 1 SYCAMORE SQUARE LTD→ 14216679 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 13J LTD→ 12700265 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1BB LTD→ 11701606 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 1NG LIMITED→ 06835399 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| 1OAK PROJECTS LIMITED→ 16086457 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST FIX GROUP LTD→ 16777122 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1ST FIX UPVC LTD→ 14044707 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 21 DEGREES LIMITED→ 04635311 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| 21ST CENTURY STYLE LIMITED→ 03896886 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 24 HOUR PLUMBING SERVICES LIMITED→ 16031506 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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)
Click a director name to see their full track record across all companies.