Firstbid Limited
05114029
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/05/2004
BUSINESS CONSULTANT
BRITISH · ENGLAND · Age 64
Also on 10 other boards
director · Since 30/07/2020
DIRECTOR AND COMPANY SECRETARY
BRITISH · ENGLAND · Age 58
Persons with Significant Control
Mr Michael Peter Ford
British · England · Age 64
21, Station Road, Bristol, BS37 5HT
Notified 27/04/2017
Former PSCs
Mr Duncan Turner Hepburn
Ceased 30/06/2020
Charges2 outstanding
CLYDESDALE BANK PLC
CLYDESDALE BANK PLC
ALLIED IRISH BANK PLC
AIB GROUP (UK) PLC
CompanyRankvs 61220+ SIC 68100 peers43
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
-£26k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£26k
Working capital
Current Assets
£631k
Current Liabilities
£657k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.96 | -£4k |
| 2024 | 0.96 | +£9k |
| 2023 | 0.94 | -£12k |
| 2022 | 0.96 | -£8k |
| 2021 | 0.97 | -£2k |
| 2020 | 0.33 | +£18k |
| 2019 | 0.44 | +£22k |
| 2018 | 0.05 | — |
Derived from filed accounts. Not audited figures.