First Step Housing Association
07413927
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 20/10/2010
director · Since 20/10/2010
COMPANY DIRECTOR
ENGLISH · ENGLAND · Age 59
Also on 6 other boards
Persons with Significant Control
Mr Simon Alexander Coldrick
English · England · Age 59
The Hub, Stoney Lane, Walsall, WS3 3DW
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 5487+ SIC 55900 peers34
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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.
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 31/10/2024
Net Worth
-£39k
Balance sheet strength
Cash
£11k
Cash in the bank
Net Current Assets
-£29k
Working capital
Current Assets
£12k
Current Liabilities
£46k
Fixed Assets
£5k
Debtors
£771
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.25 | -£28k |
| 2023 | 0.74 | -£3k |
| 2022 | 1.32 | -£3k |
| 2021 | 2.72 | +£6k |
| 2020 | 2.75 | +£4k |
Derived from filed accounts. Not audited figures.