1ST QUALITY FABRICATION & ENGINEERING LTD

💤Zombieactive
07928974 · ltd · incorporated 2012-01-30
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
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 70). 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: 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.

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
47 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
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-282023-09-28

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 (25 events)Click to expand
  1. 2025-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-08-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-05-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-05-16
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2023-04-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-12-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-11-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-04-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2022-04-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2021-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-06-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2020-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-09-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2019-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-09-19
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  19. 2019-09-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  20. 2016-09-27
    OWEN, John appointed
    director
  21. 2016-09-27
    OWEN, Elizabeth Louise resigned
    director
  22. 2016-09-27
    OWEN, Elizabeth Louise resigned
    director
  23. 2012-07-20
    OWEN, Elizabeth Louise appointed
    director
  24. 2012-01-30
    🏢
    Company incorporated
    As 1ST QUALITY FABRICATION & ENGINEERING LTD
  25. 2012-01-30
    OWEN, Elizabeth Louise appointed
    director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • 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

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: 2026-02-13

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Owen
Individual · British · DOB 04/1956 · age 70
75100%
75–100%75-100% shares · 75-100% voting30/01/2017

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

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 →
🔒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
Incorporated2012-01-30
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990

Registered office

42-44 Bishopsgate
London
EC2N 4AH
England

Filing status

Accounts
Next due: 2026-06-28
Last made up to: 2024-09-28
Confirmation statement
Next due: 2026-02-13OVERDUE
Last: 2025-01-30

Officers (1 active · 2 resigned)

OWEN, John
director · ~70y · appointed 2016-09-27
View their other companies + combined net worth →
Active
OWEN, Elizabeth Louise
director · ~42y · appointed 2012-07-20 · resigned 2016-09-27
Resigned
OWEN, Elizabeth Louise
director · ~42y · appointed 2012-01-30 · resigned 2016-09-27
Resigned

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

Recent filings (47 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-01
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-05-16
gazette-notice-compulsory
gazette · GAZ1
2023-04-18
gazette-filings-brought-up-to-date
gazette · DISS40
2022-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
gazette-notice-compulsory
gazette · GAZ1
2022-11-29
gazette-filings-brought-up-to-date
gazette · DISS40
2022-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-20