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First Wave Housing Limited

04533752

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 25 outstanding charges (-10)

Details

BRENT CIVIC CENTRE, WEMBLEY, HA9 0FJ
Incorporated 12/09/2002

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/08/2025

Due 13/09/2026

On track

Industry

68320
Management of real estate on a fee or contract basis

Officers

Cllr Saqib Ilyas Butt

director · Since 23/11/2020

COUNCILLOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mr Andrew Peter Hudson

director · Since 01/01/2024

NON-EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 2 other boards

Ms Serita Kwofie

director · Since 04/08/2025

LOCAL GOVERNMENT OFFICER

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mrs Mandip Ketley

director · Since 01/09/2025

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Mr Waqar Ahmed

director · Since 01/09/2025

FORMER CHIEF FINANCE OFFICER

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Ms Nicole Jarrett- Francis

director · Since 01/10/2025

LAWYER

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr Jonathan Kay

director · Since 16/03/2026

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

London Borough Of Brent

75–100% shares
Significant control

Brent Civic Centre, Engineers Way, Wembley, HA9 0FJ

Notified 06/04/2016

Charges25 outstanding

charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 07/01/2013Registered 09/01/2013
charge
outstanding

GLA LAND AND PROPERTY LIMITED

Created 20/12/2012Registered 21/12/2012
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 06/11/2012Registered 08/11/2012
charge
outstanding

GLA LAND AND PROPERTY LIMITED

Created 23/10/2012Registered 25/10/2012
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 04/04/2012Registered 25/04/2012
charge
outstanding

HOMES AND COMMUNITIES AGENCY

Created 22/03/2012Registered 27/03/2012
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 06/02/2012Registered 14/02/2012
charge
outstanding

HOMES AND COMMUNITIES AGENCY

Created 30/01/2012Registered 02/02/2012
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 19/12/2011Registered 06/01/2012
charge
outstanding

HOMES AND COMMUNITIES AGENCY

Created 19/12/2011Registered 24/12/2011
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 04/11/2011Registered 16/11/2011
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 02/11/2011Registered 12/11/2011
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 07/10/2011Registered 27/10/2011
charge
outstanding

HOMES AND COMMUNITIES AGENCY

Created 22/08/2011Registered 25/08/2011
charge
outstanding

HOMES AND COMMUNITIES AGENCY

Created 26/05/2011Registered 08/06/2011
charge
outstanding

THE MAYOR AND BURGESSES OF LONDON BOROUGH OF BRENT

Created 03/03/2011Registered 09/03/2011
charge
outstanding

HOMES AND COMMUNITIES AGENCY

Created 22/12/2010Registered 24/12/2010
charge
outstanding

THE MAYOR AND BURGESSES OF LONDON BOROUGH OF BRENT

Created 29/10/2010Registered 16/11/2010
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 29/10/2010Registered 12/11/2010
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 29/10/2010Registered 06/11/2010
charge
outstanding

HOMES AND COMMUNITIES AGENCY

Created 03/09/2010Registered 24/09/2010
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 25/06/2010Registered 07/07/2010
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 26/04/2010Registered 30/04/2010
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 26/04/2010Registered 30/04/2010
charge
outstanding

THE MAYOR AND BURGESSES OF THE LONDON BOROUGH OF BRENT

Created 10/08/2009Registered 19/08/2009

CompanyRankvs 153450+ SIC 68320 peers
64

Financial strength100th percentile among SIC peers · 25/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.97× · 16/20
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.

Employees3/15 pts

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

Liquidity16/20 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 31/03/2023

Turnover

£3.3M

Annual revenue

Net Worth

£25.1M

Balance sheet strength

Cash

£11.0M

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

£6.5M

Working capital

Current Assets

£13.3M

Current Liabilities

£6.7M

Fixed Assets

£54.4M

Debtors

£2.3M

Cost of Sales

£2.5M

Gross Profit

£751k

Admin Expenses

£0

Operating Profit

£2.0M

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£61.0M
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20231.97

Derived from filed accounts. Not audited figures.