1G LLP

🌱Startupactive
OC453737 · llp · incorporated 2024-09-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 55/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (58/100)

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

Company profile
address, no SIC, incorporation date
80
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
80
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
2
filings
  • 2 officers
Last 180 days
5
filings
  • 2 officers
  • 2 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-02-06
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  2. 2026-02-05
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  3. 2025-12-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-12-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2025-08-12
    📄
    change-account-reference-date-limited-liability-partnership-previous-shortened
    accounts · LLAA01
  7. 2025-03-31
    REDTABS LIMITED resigned
    corporate-llp-designated-member
  8. 2024-09-13
    🏢
    Company incorporated
    As 1G LLP
  9. 2024-09-13
    AKBAR, Bilal Ahmed Maccie appointed
    llp-designated-member
  10. 2024-09-13
    GUL-NAWAZ, Kauser appointed
    llp-designated-member
  11. 2024-09-13
    MUMTAZ FOOD PRODUCTS LIMITED appointed
    corporate-llp-designated-member
  12. 2024-09-13
    REDTABS LIMITED appointed
    corporate-llp-designated-member
  13. 2024-09-13
    📄
    incorporation-limited-liability-partnership
    incorporation · LLIN01

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • +Young company: Only 1.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

30/100
Weak signal

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

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-09-26

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8y
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
Typellp
Incorporated2024-09-13
Jurisdictionengland-wales
Primary SIC

Registered office

42 Legrams Lane
Bradford
West Yorkshire
BD7 1ND
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2025-09-26OVERDUE
Last:

Officers (3 active · 1 resigned)

AKBAR, Bilal Ahmed Maccie
llp-designated-member · ~38y · appointed 2024-09-13
View their other companies + combined net worth →
Active
GUL-NAWAZ, Kauser
llp-designated-member · ~59y · appointed 2024-09-13
View their other companies + combined net worth →
Active
MUMTAZ FOOD PRODUCTS LIMITED
corporate-llp-designated-member · appointed 2024-09-13
View their other companies + combined net worth →
Active
REDTABS LIMITED
corporate-llp-designated-member · appointed 2024-09-13 · resigned 2025-03-31
Resigned

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

Recent filings (7 total)

termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2026-02-06
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2026-02-05
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
gazette-notice-compulsory
gazette · GAZ1
2025-12-02
change-account-reference-date-limited-liability-partnership-previous-shortened
accounts · LLAA01
2025-08-12
incorporation-limited-liability-partnership
incorporation · LLIN01
2024-09-13