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First 2 Group Limited

05927321

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

C/O MONTACS, INTERNATIONAL HOUSE KINGSFIELD COURT, CHESTER, CH4 9RF
Incorporated 06/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Murali Satyanarayana Reddy Goluguri

secretary · Since 07/09/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 48 other boards

Mr Murali Satyanarayana Reddy Goluguri

director · Since 07/09/2006

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 48 other boards

Mr James Nicholas Torkington

director · Since 07/09/2006

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 37 other boards

Persons with Significant Control

F2r Group Limited

75–100% shares
75–100% votes

1st Floor, North Suite, Delphian House, Salford, M3 5FS

Reg: 5927414 · England & Wales · Limited Company

Notified 03/08/2020

Former PSCs

Mr Murali Satyanarayana Reddy Goluguri

Ceased 03/08/2020

Mr James Nicholas Torkington

Ceased 03/08/2020

F2r Group Limited

Ceased 30/09/2018

Charges1 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/08/2012Registered 24/08/2012Satisfied 23/11/2016
charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 26/11/2010Registered 30/11/2010

CompanyRankvs 93840+ SIC 82990 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

tion and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/12/2024

Net Worth

-£433k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£423k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.8M

Fixed Assets

£377

Debtors

£1.3M

9avg. employees

Tax at Year End

Corp tax£2k
VAT£177k

Director Loans

Company owes directors£161
Directors owe company£3k

Balance Sheet

Assets less current liabilities-£423k
Signed by Mr Murali Goluguri 31/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.76+£5k£3.5M
20230.71+£56k£2.7M
20210.58+£30k£547k
20200.32£529k
20190.41
20180.67

Derived from filed accounts. Not audited figures.