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1st Direct Coaches Limited

05072567

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

46 HULLBRIDGE ROAD, CHELMSFORD, CM3 5NG
Incorporated 12/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport

CompanyRankvs 50520+ SIC 49390 peers
42

Financial strength5th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.64× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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50521st Direct Coaches Limited
38
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.

Employees5/15 pts

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

Liquidity6/20 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 31/03/2025

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

1avg. employees

Tax at Year End

Corp tax£8k

Director Loans

Company owes directors£189k

Balance Sheet

Assets less current liabilities£4k
Signed by Mr Ismail Akpinar 26th November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.64

Derived from filed accounts. Not audited figures.