First Base Limited
04541136
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
28/12/2026
Confirmation statement
Last: 01/06/2026
Due 15/06/2027
Industry
Officers
director · Since 20/09/2002
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 66 other boards
director · Since 29/09/2006
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 79
Also on 8 other boards
director · Since 12/11/2007
PROJECT MANAGER
BRITISH · ENGLAND · Age 63
Also on 4 other boards
director · Since 04/03/2011
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 11 other boards
director · Since 18/10/2012
DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 16 other boards
Persons with Significant Control
Elliot Stephen Lipton
British · United Kingdom · Age 57
C/O Lewis Golden Llp, 40, Queen Anne Street, London, W1G 9EL
Notified 06/04/2016
Charges0 outstanding
THE ROYAL BANK OF SCOTLAND PLC (AS SECURITY AGENT)
TRIATHLON HOMES LLP
PRUDENTIAL TRUSTEE COMPANY LIMITED AS SECURITY TRUSTEE
BANK OF SCOTLAND PLC (THE SECURITY TRUSTEE)
BANK OF SCOTLAND PLC
CompanyRankvs 12284+ SIC 41100 peers59
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
around the fair value of the unlisted investment as at 31 March 2025. Our opinion is not modified in this respect. In their report, the auditors included a material uncertainty in relation to going concern, drawing attention to note 2.2 in the financial statements without modifying their opinion. The audit report was signed on 18 December 2025 by Andrew Moss (Senior Statutory Auditor) on b
Key FinancialsYear ending 31/03/2025
Net Worth
£966k
Balance sheet strength
Cash
£211k
Cash in the bank
Net Current Assets
-£1.4M
Working capital
Current Assets
£975k
Current Liabilities
£2.4M
Fixed Assets
£3.2M
Debtors
£384k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.40 |
Derived from filed accounts. Not audited figures.