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First Option Limited

02453594

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

SIGNAL HOUSE, ALRESFORD, SO24 9JJ
Incorporated 19/12/1989

Compliance

Last accounts

30/06/2024

micro entity

Next accounts due

24/09/2026

On track

Confirmation statement

Last: 27/02/2026

Due 13/03/2027

On track

Industry

62012
Business and domestic software development
62090
Other information technology service activities
70229
Management consultancy activities
85590
Other education

Officers

Mr Timothy Clifton John Considine

director · Since 30/08/2000

CONSULTANT

BRITISH · ENGLAND · Age 66

Also on 5 other boards

Persons with Significant Control

Tim Considine

75–100% shares
75–100% votes
Appoint directors

British · England · Age 66

Signal House, Jacklyns Lane, Alresford, SO24 9JJ

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/07/2010Registered 29/07/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/07/2010Registered 15/07/2010
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 22/07/1999Registered 26/07/1999Satisfied 14/03/2021
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 18/12/1998Registered 05/01/1999Satisfied 14/03/2021
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 05/01/1998Registered 22/01/1998Satisfied 14/03/2021
charge
satisfied

FIRST NATIONAL BANK PLC

Created 10/10/1994Registered 12/10/1994Satisfied 14/03/2021
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 29/10/1991Registered 11/11/1991Satisfied 14/03/2021

CompanyRankvs 15551+ SIC 62012 peers
52

Financial strength96th percentile among SIC peers · 24/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2024

Net Worth

£822k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£181k

Working capital

Current Assets

£66k

Current Liabilities

£248k

Fixed Assets

£1.1M

1avg. employees

Balance Sheet

Assets less current liabilities£871k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20240.27+£15k
20230.28

Derived from filed accounts. Not audited figures.