1ST FOCUS LETTING LIMITED
- 68209Other letting and operating of own or leased real estate
- 68310Real estate agencies
- 68320Management of real estate on a fee or contract basis
Opportunity 73/100 (strong), bankability 75/100. 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).
Refinance opportunity
2 live charges · 2 lenders · oldest 5.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £136.7k | £142.2k |
| Current assets | £4.1k | £4.2k |
| Cash | £4.1k | £4.2k |
| Net assets | £-5.1k | £192 |
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
Corporate timeline (16 events)Click to expand
- 2025-06-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-01🔒Charge registered #2Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
- 2022-05-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-04-20📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-04-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-04-20📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2021-09-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-10-22🔒Charge registered #1Lender: The Mortgage Lender Limited
- 2020-07-20🏢Company incorporatedAs 1ST FOCUS LETTING LIMITED
- 2020-07-20➕FALCONER, Scott Ross appointeddirector
- 2020-07-20📄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.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Angela Marie Falconer Individual · British · DOB 05/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/07/2020 |
Mr Scott Ross Falconer Individual · British · DOB 08/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/07/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BANDEATH HOLDINGS LIMITED→ SC584868 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BANNERMAN DEVELOPMENTS LIMITED→ SC080817 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| BELHAVEN DEVELOPMENTS LTD→ SC544489 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BELLIS REALTY LTD→ SC841383 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BENCHMARK LETTINGS LIMITED→ SC595971 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BENNIE FAMILY HOLDINGS LIMITED→ SC816168 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BESPOKE PROPERTY DEVELOPMENTS LIMITED→ SC200930 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| BINGER FLAST LTD→ SC828393 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BINNIE PROPERTIES UK LTD→ SC622517 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BIPYRAMID LTD→ SC750931 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BIRKBY AND BASS PROPERTIES LTD→ SC801742 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BIRKSCAIRN LTD→ SC839114 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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 · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Precise Mortgages Charter Court Financial Services Limited Trading as Precise Mortgages | A registered charge | 1 property | 01/12/2022 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 22/10/2020 | — |