Performance First Limited
04344494
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael Thomas Payne
British · United Arab Emirates · Age 46
24, Cornwall Road, Dorchester, DT1 1RX
Notified 06/04/2016
Lucy Charlotte Payne
British · United Arab Emirates · Age 46
24, Cornwall Road, Dorchester, DT1 1RX
Notified 17/07/2019
Former PSCs
Mr Gordon Steven Mackenzie-Philps
Ceased 29/05/2019
Mr Neil Julian Willson
Ceased 14/02/2017
CompanyRankvs 76121+ SIC 70229 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
-£2k
Balance sheet strength
Cash
£1
Cash in the bank
Net Current Assets
£3k
Working capital
Current Assets
£42k
Current Liabilities
£39k
Fixed Assets
£2k
Debtors
£42k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.07 | -£6k |
| 2023 | 1.84 | -£14k |
| 2022 | 2.19 | +£16k |
| 2021 | 2.26 | — |
Derived from filed accounts. Not audited figures.