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First4tech Limited

06032192

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

ZONE 2 WRENTHAM BUSINESS CENTRE, EXETER, EX4 6NA
Incorporated 18/12/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Stephen James Lugg

director · Since 03/12/2021

COMPANY DIRECTOR

BRITISH · WALES · Age 53

Mr Cameron Lugg-Cargill

director · Since 03/12/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Mr Cameron Lugg-Cargill

50–75% shares
50–75% votes

British · England · Age 30

Zone 2, Wrentham Business Centre, Exeter, EX4 6NA

Notified 03/12/2021

Mr Stephen James Lugg

25–50% shares
25–50% votes

British · Wales · Age 53

Zone 2, Wrentham Business Centre, Exeter, EX4 6NA

Notified 03/12/2021

Former PSCs

Mr Jamie Steven Vanstone

Ceased 03/12/2021

CompanyRankvs 7325+ SIC 62020 peers
82

Financial strength89th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.94× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

Liquidity16/20 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

£124k

Balance sheet strength

Cash

£110k

Cash in the bank

Net Current Assets

£105k

Working capital

Current Assets

£216k

Current Liabilities

£111k

Fixed Assets

£19k

Debtors

£104k

4avg. employees+1

Tax at Year End

Corp tax£30k
VAT£20k

Director Loans

Company owes directors£39k

Balance Sheet

Intangible assets£12k
Assets less current liabilities£124k
Signed by Mr Cameron Lugg-Cargill 26/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.94+£34k£391k
20241.36+£36k—
20231.02——

Derived from filed accounts. Not audited figures.