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First Asset Finance (Uk) Ltd

04315116

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

CHART HOUSE, REIGATE, RH2 7JN
Incorporated 01/11/2001

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/11/2025

Due 13/12/2026

On track

Industry

64910
Financial leasing

Officers

Mr Jerry Newton Widdowson

director · Since 01/05/2005

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 9 other boards

Mr Jerry Newton Widdowson

secretary · Since 10/02/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 9 other boards

Persons with Significant Control

Mr Bemal Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 52

Linden House, Woodland Way, Kingswood, KT20 6NU

Notified 06/04/2016

Mr Jeremy Newton Widdowson

25–50% shares
25–50% votes

British · United Kingdom · Age 62

7 St Francis Place, Havant, PO9 3BS

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

P D CONNELL

Created 25/07/2005Registered 27/07/2005Satisfied 14/02/2006

CompanyRankvs 623+ SIC 64910 peers
39

Financial strength3th percentile among SIC peers · 1/25
Employees50th percentile among SIC peers · 8/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity0/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£124k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£124k

Working capital

Current Assets

Current Liabilities

£124k

1avg. employees

Balance Sheet

Assets less current liabilities-£124k
Prepared with IRIS Accounts Production

EstimatesDerived

YearImplied Profit
2024+£0
2023+£0
2022+£0
2021+£0
2020+£0
2019+£0
2018+£0

Derived from filed accounts. Not audited figures.