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Firstpoint Equity Ltd

07434480

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • 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

11 BRESSENDEN PLACE, LONDON, SW1E 5BY
Incorporated 09/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Justin Bower

director · Since 09/11/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Mrs Natasha Bower

secretary · Since 11/04/2012

Persons with Significant Control

Mr Justin Bower

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 53

11, Bressenden Place, London, SW1E 5BY

Notified 06/04/2016

CompanyRankvs 4888+ SIC 64999 peers
60

Financial strength87th percentile among SIC peers · 22/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees6/15 pts

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

Liquidity12/20 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

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

1avg. employees

People Costs

Wages & salaries£9k
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent Ratio
20211.30

Derived from filed accounts. Not audited figures.