First Tech Solutions Limited
06483999
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/12/2022
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 1 other board
Persons with Significant Control
Mr Abdihakim Abubakar Abbas
British · England · Age 53
500 High Road, N17 9JF
Notified 27/11/2023
Former PSCs
Mr Sharif Abdi Hassan
Ceased 07/11/2017
Mr Abdi Mahumud Abdule
Ceased 27/11/2023
CompanyRankvs 16186+ SIC 96090 peers74
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Net Worth
£10k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£10k
Working capital
Current Assets
£25k
Current Liabilities
£16k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.63 | +£1k |
| 2024 | 1.54 | +£2k |
| 2023 | 1.39 | +£2k |
| 2022 | 15.39 | +£1k |
| 2021 | 11.99 | -£8k |
| 2020 | 19.82 | +£1k |
| 2019 | 13.63 | — |
Derived from filed accounts. Not audited figures.