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Firstforex Limited

06513645

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

2ND FLOOR, LONDON, E1 6RA
Incorporated 26/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Phillip Hayward

director · Since 26/02/2008

CURRENCY CONSULTANT

BRITISH · ENGLAND · Age 68

Persons with Significant Control

Mr David John Satchell

25–50% shares

British · England · Age 77

2nd Floor, 168 Shoreditch High Street, London, E1 6RA

Notified 06/04/2016

Mr Phillip Hayward

25–50% shares

British · England · Age 68

2nd Floor, 168 Shoreditch High Street, London, E1 6RA

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 23/05/2008Registered 03/06/2008

CompanyRankvs 51355+ SIC 82990 peers
51

Financial strength82th percentile among SIC peers · 21/25
Employees69th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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51355Firstforex Limited
61
How is this score calculated?
Financial strength21/25 pts

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

Employees10/15 pts

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

Liquidity0/20 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 31/12/2024

Net Worth

£81k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£3k

Fixed Assets

£221

Debtors

£40k

2avg. employees+1

Tax at Year End(2023)

Dividends paid-£2k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024—+£35
202321.71-£6k
202226.62-£7k
202112.98—

Derived from filed accounts. Not audited figures.