1ST IMPRESSIONS PAINTING & DECORATING LTD

🌿Early-stageactive
14214240 · ltd · incorporated 2022-07-04
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 Jun 2025
Net worth
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Painting
Sector: Construction
ALSO REGISTERED FOR
  • 81210General cleaning of buildings
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
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 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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£13k£26k£39k£52k£65kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2025-06-302024-06-30
Total assets£13.2k
Current assets£64.8k
Net assets£12.5k
Average employees200

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-11-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-01-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-01-01
    FORBER, Fatma appointed
    director
  5. 2023-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-07-06
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2022-07-04
    🏢
    Company incorporated
    As 1ST IMPRESSIONS PAINTING & DECORATING LTD
  8. 2022-07-04
    FORBER, Neil appointed
    director
  9. 2022-07-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Neil Forber
Individual · British · DOB 12/1966 · age 60
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/07/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2022-07-04
Jurisdictionengland-wales
Primary SIC43341 — Painting

Registered office

Office 010 Upper Wortley Business Centre
127 Upper Wortley Road
Leeds
LS12 4JG
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-17
Last: 2025-07-03

Officers (2 active · 0 resigned)

FORBER, Fatma
director · ~56y · appointed 2025-01-01
View their other companies + combined net worth →
Active
FORBER, Neil
director · ~60y · appointed 2022-07-04
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-13
appoint-person-director-company-with-name-date
officers · AP01
2025-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-14
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
incorporation-company
incorporation · NEWINC
2022-07-04