Firstpoint Equity Ltd
07434480
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/11/2010
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 1 other board
secretary · Since 11/04/2012
Persons with Significant Control
Mr Justin Bower
British · United Kingdom · Age 53
11, Bressenden Place, London, SW1E 5BY
Notified 06/04/2016
CompanyRankvs 4888+ SIC 64999 peers60
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 director with respect to going concern are de
Key FinancialsYear ending 31/03/2021
Turnover
£40k
Annual revenue
Net Worth
£271k
Balance sheet strength
Cash
£1.2M
Cash in the bank
Profit Before Tax
-£20k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£1.2M
Current Liabilities
£900k
Debtors
£5k
Gross Profit
£40k
Admin Expenses
£60k
Operating Profit
-£20k
Profit After Tax
-£20k
People Costs
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 1.30 |
Derived from filed accounts. Not audited figures.