Step One Finance Limited
07448379
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 23/11/2025
Due 07/12/2026
Industry
Officers
secretary · Since 23/11/2010
Former
director · Resigned 13/02/2019
Persons with Significant Control
Mr Michael George Childress
British · United States · Age 53
Premier House, 15-19 Church Street West, Woking, GU21 6DJ
Notified 06/04/2016
Charges0 outstanding
U.S. BANK TRUSTEES LIMITED
SOLO ASSET I (IRELAND) DESIGNATED ACTIVITY COMPANY
BUCKTHORN FINANCING DESIGNATED ACTIVITY COMPANY
CREDIT SUISSE SECURITIZED PRODUCTS FUND L.P.
Change History
Active
Private Limited Company
PREMIER HOUSE
WOKING
CompanyRankvs 113+ SIC 64921 peers64
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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
uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the 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
Key FinancialsYear ending 31/12/2024
Net Worth
£97k
Balance sheet strength
Cash
£8.1M
Cash in the bank
Net Current Assets
£3.1M
Working capital
Current Assets
£11.5M
Current Liabilities
£8.5M
Fixed Assets
£218k
Debtors
£32k
Profit After Tax
-£1.1M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.36 |
Derived from filed accounts. Not audited figures.