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1st Rate Investment (Uk) Limited

05280362

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

SUITE 201 CHURCHILL HOUSE, LONDON, NW7 2AS
Incorporated 08/11/2004

Compliance

Last accounts

29/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/08/2025

Due 14/09/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Zafar Abbasi

director · Since 16/02/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Mr Iqbal Suleman

director · Since 01/01/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 8 other boards

Persons with Significant Control

Mr Anar Ziya Mammadov

75–100% shares

Azerbaijani · Azerbaijan · Age 45

Suite 201 Churchill House, 120 Bunns Lane, London, NW7 2AS

Notified 23/07/2021

Charges0 outstanding

Charge
satisfied

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 18/12/2020Registered 18/12/2020Satisfied 25/10/2021
charge
satisfied

PETER ANTHONY FARRINGTON (THE SECURITY TRUSTEE)

Created 08/04/2005Registered 21/04/2005Satisfied 09/09/2008
charge
satisfied

CLYDESDALE BANK PLC (TRADING AS YORKSHIRE BANK)

Created 08/04/2005Registered 15/04/2005Satisfied 21/12/2013

CompanyRankvs 16995+ SIC 64209 peers
44

Financial strength29th percentile among SIC peers · 7/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength7/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

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

Liquidity2/20 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

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 29/12/2024

Net Worth

£100

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£3.1M

Working capital

Current Assets

£25k

Current Liabilities

£3.1M

Fixed Assets

£7.7M

Debtors

£1k

Profit After Tax

-£61k

518avg. employees-190

Tax at Year End

Corp tax£12k
Dividends paid£1.2M

People Costs(2021)

Wages & salaries£9.7M
NI contributions£516k

Balance Sheet

Assets less current liabilities£4.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.01
20230.06
20220.00
20210.01
20200.03
20190.36

Derived from filed accounts. Not audited figures.