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First Tunnels Limited

04196731

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE 3, AIRESIDE HOUSE AIRESIDE BUSINESS CENTRE, KEIGHLEY, BD21 4BZ
Incorporated 09/04/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Sean Barker Bsc Hons

director · Since 20/04/2001

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Mr James Luke Barker

director · Since 18/01/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 26

Ms Hayley Shutt

director · Since 22/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 53

Miss Grace Barker

director · Since 10/02/2023

ADMINISTRATOR

BRITISH · ENGLAND · Age 22

Persons with Significant Control

Mr Sean Barker

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 53

10, Higham Road, Burnley, BB12 9AP

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 02/07/2021Registered 05/07/2021
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 04/07/2018Registered 06/07/2018Satisfied 05/03/2020
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)

Created 09/04/2018Registered 11/04/2018Satisfied 05/03/2020
charge
satisfied

YORKSHIRE BANK PLC

Created 17/12/2001Registered 22/12/2001

CompanyRankvs 198+ SIC 43999 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.62× · 20/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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 31/08/2025

Net Worth

£4.6M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.3M

Current Liabilities

£508k

Fixed Assets

£2.9M

Debtors

£279k

Profit After Tax

£584k

21avg. employees-1

Tax at Year End

Dividends paid£160k

Balance Sheet

Intangible assets£57k
Assets less current liabilities£4.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.62+£424k
20243.45+£651k
20232.56+£406k
20222.55+£299k
20211.66—

Derived from filed accounts. Not audited figures.