Back to search

First Management Systems Limited

03798240

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

WHITE BEAR, 198 KINGSLEY ROAD, HOUNSLOW, TW3 4AR
Incorporated 30/06/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars
70229
Management consultancy activities

Officers

Mr Prabath Kumara Warusavithana

director · Since 06/09/2025

MANAGING DIRECTOR

SRI LANKAN · ENGLAND · Age 51

Persons with Significant Control

Mr Prabath Kumara Warusavithana

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

Sri Lankan · England · Age 51

White Bear, 198 Kingsley Road, Kingsley Road, Hounslow, TW3 4AR

Notified 10/09/2025

Former PSCs

Mr Thambirajah Jeyabalan

Ceased 01/05/2018

Mr Vethanayagam Emil Jegadeesh

Ceased 10/12/2021

Mrs Samila Kalpani Wannaku Watta Waduge Fernando

Ceased 05/09/2023

Mr Hewagamage Joseph Cooray

Ceased 10/09/2025

Charges1 outstanding

charge
outstanding

DESILU ESTATES LIMITED

Created 18/07/2012Registered 20/07/2012

CompanyRankvs 12707+ SIC 56302 peers
33

Financial strength10th percentile among SIC peers · 3/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees8/15 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 31/08/2024

Net Worth

-£75k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£89k

Working capital

Current Assets

£9k

Current Liabilities

£97k

Fixed Assets

£26k

5avg. employees

Balance Sheet

Assets less current liabilities-£63k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£22k
20230.17+£117
20220.19-£36k
20211.55-£3k
20202.40
20190.52

Derived from filed accounts. Not audited figures.