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1st Online Solutions Limited

07082485

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

9 TEMSFORD CLOSE, LONDON, HA2 6LB
Incorporated 20/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Anton Peychev Skarlatov

director · Since 23/02/2010

CO. DIRECTOR

BULGARIAN · ENGLAND · Age 48

Mr Rune Hoy Sovndahl

director · Since 07/06/2010

CO. DIRECTOR

DANISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Rune Hoy Sovndahl

25–50% shares
25–50% votes
Appoint directors

Danish · England · Age 51

9, Temsford Close, London, HA2 6LB

Notified 06/04/2017

Mr Anton Peychev Skarlatov

25–50% shares
25–50% votes
Appoint directors

Bulgarian,British · England · Age 48

9, Temsford Close, London, HA2 6LB

Notified 09/12/2022

Former PSCs

Mr Rune Hoy Sovndahl

Ceased 19/11/2018

Mr Anton Peychev Skarlatov

Ceased 19/11/2018

Mr Anton Peychev Skarlatov

Ceased 09/12/2022

Smc Private Eood

Ceased 09/12/2022

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 09/07/2020Registered 16/07/2020

CompanyRankvs 23584+ SIC 74909 peers
42

Financial strength97th percentile among SIC peers · 24/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.74× · 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 strength24/25 pts

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

Employees2/15 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£857k

Balance sheet strength

Cash

£586k

Cash in the bank

Net Current Assets

-£917k

Working capital

Current Assets

£2.6M

Current Liabilities

£3.6M

Fixed Assets

£1.3M

Debtors

£2.2M

Cost of Sales

£4.1M

Admin Expenses

£6.9M

Profit After Tax

£85k

0avg. employees-2

Tax at Year End

Corp tax£41k
Dividends paid-£472k

Director Loans(2020)

Company owes directors£533
Directors owe company£15k

People Costs

Wages & salaries£3.3M

Balance Sheet

Intangible assets£138k
Bank loans & overdrafts£428k
Assets less current liabilities£475k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.74+£597k
20230.61-£208k
20220.71
20200.78+£216k£7.4M
20190.87£6.5M

Derived from filed accounts. Not audited figures.