1BB LTD

💤Zombieactive
11701606 · ltd · incorporated 2018-11-28
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 May 2025
Net worth
£70.3k
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 65/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (78/100)

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
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £70,312

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£70k
Current Assets
£25k
Current Liabilities
£0£14k£28k£42k£56k£70kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-302024-05-30
Total assets£84.7k
Current assets£24.7k
Net assets£70.3k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
5
filings
  • 2 change-of-name
  • 1 accounts
  • 1 incorporation
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-01-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-12-10
    ✏️
    certificate-re-registration-public-limited-company-to-private
    change-of-name · CERT10
  3. 2025-12-10
    📄
    re-registration-memorandum-articles
    incorporation · MAR
  4. 2025-12-10
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-12-10
    ✏️
    reregistration-public-to-private-following-cancellation-of-shares
    change-of-name · RR09
  6. 2025-06-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-10-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-09-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-09-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-09-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-09-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-08-16
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  13. 2021-10-12
    MOAT, Garry appointed
    director
  14. 2021-10-12
    HODGETTS, Michael John resigned
    director
  15. 2021-10-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-10-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2021-10-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-08-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2021-08-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2021-08-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2021-06-20
    SANDERSON, Stephanie resigned
    secretary
  22. 2021-06-20
    SANDERSON, Carole resigned
    director
  23. 2021-06-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2021-06-10
    WATSON, Luke Philip resigned
    director
  25. 2020-12-17
    WATSON, Luke Philip appointed
    director
  26. 2020-06-15
    HODGETTS, Michael John appointed
    director
  27. 2020-03-25
    CBG TELECOM LIMITED resigned
    corporate-director
  28. 2018-11-28
    🏢
    Company incorporated
    As 1BB LTD
  29. 2018-11-28
    SANDERSON, Stephanie appointed
    secretary
  30. 2018-11-28
    SANDERSON, Carole appointed
    director
  31. 2018-11-28
    CBG TELECOM LIMITED appointed
    corporate-director

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

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

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

Evidence: Next due: 2025-11-02

Name changed 2 times
medium

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

Evidence: 2025-12-10: certificate-re-registration-public-limited-company-to-private; 2025-12-10: reregistration-public-to-private-following-cancellation-of-shares

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Garry Moat
Individual · British · DOB 09/1964 · age 62
5075%
50-75% shares12/10/2021
2 historic (ceased) PSCs
  • Mrs Carole Sandersonceased 01/03/2021· board control
  • Cbg Telecom Limitedceased 25/03/2020· 75-100% 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

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
Incorporated2018-11-28
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Amtech House
Samson Close
Newcastle Upon Tyne
NE12 6DX
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-30
Confirmation statement
Next due: 2025-11-02OVERDUE
Last: 2024-10-19

Officers (1 active · 5 resigned)

MOAT, Garry
director · ~62y · appointed 2021-10-12
View their other companies + combined net worth →
Active
SANDERSON, Stephanie
secretary · appointed 2018-11-28 · resigned 2021-06-20
Resigned
HODGETTS, Michael John
director · ~69y · appointed 2020-06-15 · resigned 2021-10-12
Resigned
SANDERSON, Carole
director · ~69y · appointed 2018-11-28 · resigned 2021-06-20
Resigned
WATSON, Luke Philip
director · ~59y · appointed 2020-12-17 · resigned 2021-06-10
Resigned
CBG TELECOM LIMITED
corporate-director · appointed 2018-11-28 · resigned 2020-03-25
Resigned

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

Recent filings (36 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-15
certificate-re-registration-public-limited-company-to-private
change-of-name · CERT10
2025-12-10
re-registration-memorandum-articles
incorporation · MAR
2025-12-10
resolution
resolution · RESOLUTIONS
2025-12-10
reregistration-public-to-private-following-cancellation-of-shares
change-of-name · RR09
2025-12-10
accounts-with-accounts-type-dormant
accounts · AA
2025-06-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-19
accounts-with-accounts-type-dormant
accounts · AA
2023-10-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-27
gazette-filings-brought-up-to-date
gazette · DISS40
2022-09-07
gazette-notice-compulsory
gazette · GAZ1
2022-09-06
accounts-with-accounts-type-dormant
accounts · AA
2022-09-05
change-account-reference-date-company-current-extended
accounts · AA01
2022-08-16