1st Direct Coaches Limited
05072567
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 10/08/2025
Due 24/08/2026
Industry
Officers
director · Since 31/07/2021
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 2 other boards
Persons with Significant Control
Mr Ismail Akpinar
British · England · Age 44
46, Hullbridge Road, Chelmsford, CM3 5NG
Notified 31/07/2021
Former PSCs
Mrs Greta Ann Bambridge
Ceased 31/07/2021
CompanyRankvs 4290+ SIC 49390 peers42
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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 31/03/2025
Net Worth
-£38k
Balance sheet strength
Cash
£45k
Cash in the bank
Net Current Assets
-£104k
Working capital
Current Assets
£188k
Current Liabilities
£291k
Fixed Assets
£107k
Debtors
£143k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.64 | -£4k | — |
| 2024 | 0.55 | +£19k | £64k |
| 2023 | 0.39 | +£121k | £64k |
| 2022 | 0.09 | -£20k | — |
| 2021 | 0.07 | -£180k | — |
| 2020 | 0.01 | -£7k | — |
| 2019 | 0.02 | — | — |
Derived from filed accounts. Not audited figures.