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First Line Distribution Ltd

06381014

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

5 DEN ROAD, TEIGNMOUTH, TQ14 8AR
Incorporated 25/09/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32200
Manufacture of musical instruments

Officers

Jay Henson

director · Since 25/09/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Ms Jennifer Ann Simmons

director · Since 01/11/2017

DIRECTOR

BRITISH,CANADIAN · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Jay Henson

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

British · United Kingdom · Age 56

5, Den Road, Teignmouth, TQ14 8AR

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 20/07/2020Registered 24/07/2020
charge
satisfied

HSBC BANK PLC

Created 09/05/2008Registered 20/05/2008Satisfied 20/04/2015

CompanyRankvs 39+ SIC 32200 peers
73

Financial strength91th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.81× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

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 31/03/2025

Net Worth

£159k

Balance sheet strength

Cash

£749

Cash in the bank

Net Current Assets

£147k

Working capital

Current Assets

£329k

Current Liabilities

£182k

Fixed Assets

£11k

Debtors

£107k

5avg. employees

Tax at Year End

VAT£30k

Director Loans

Company owes directors£142k

Balance Sheet

Intangible assets£6k
Assets less current liabilities£159k
Signed by Mr Jay Henson 19 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.81-£121k£592k
20244.52-£39k£563k
20233.56+£34k£942k
20223.87+£37k£550k
20214.00£595k

Derived from filed accounts. Not audited figures.