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1st Fix Plumbing & Heating Limited

05598340

active
Private Limited Company
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

SPECTRUM HOUSE, HORNCHURCH, RM12 6RJ
Incorporated 20/10/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mrs Claire Ramsey

secretary · Since 20/10/2005

SECRETARY

BRITISH · Age 52

Mr Mitchell Clark Ramsey

director · Since 20/10/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Mitchell Clark Ramsey

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 55

Spectrum House, 2b Suttons Lane, Hornchurch, RM12 6RJ

Notified 06/04/2016

CompanyRankvs 9814+ SIC 43220 peers
53

Financial strength19th percentile among SIC peers · 5/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 8× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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98141st Fix Plumbing & Heating Limited
63
How is this score calculated?
Financial strength5/25 pts

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

Employees8/15 pts

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

Liquidity20/20 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

of COVID-19 and other events and conditions, and it has determined that they do not create a material uncertainty that casts significant doubt upon the entity's ability to continue as a going concern. Page 4 continued... 1st Fix Plumbing & Heating Limited (Registered number: 05598340) Notes to the Financial Statements - continued for the Year Ended 31 March 2025 3. EMPLOYEES AND D

Key FinancialsYear ending 31/03/2025

Net Worth

£2

Balance sheet strength

Cash

£293k

Cash in the bank

Net Current Assets

£485k

Working capital

Current Assets

£554k

Current Liabilities

£69k

Fixed Assets

£32k

Debtors

£261k

2avg. employees-1

Balance Sheet

Assets less current liabilities£517k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20258.00
20245.09
20235.79
20225.54
20219.26

Derived from filed accounts. Not audited figures.