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1st Investment Properties Ltd

07753998

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 13 HEATHWAY INDUSTRIAL ESTATE, DAGENHAM, RM10 8PN
Incorporated 26/08/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings
68209
Other letting and operating of own or leased real estate
98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Jasbir Singh Rai

director · Since 01/09/2011

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Jhojhar Singh Rai

director · Since 01/09/2011

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Raico Group Limited

75–100% shares
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors
significant-influence-or-control-as-firm

Unit 13, Unit 13 Heathway Industrial Estate, Dagenham, RM10 8PN

Reg: 12381775 · England & Wales · Limited

Notified 10/05/2020

Former PSCs

Mr Jhojar Singh Rai

Ceased 30/12/2023

Mr Jasbir Singh Rai

Ceased 30/12/2023

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 03/07/2025Registered 08/07/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 22/05/2014Registered 29/05/2014Satisfied 08/07/2025

CompanyRankvs 14214+ SIC 41202 peers
59

Financial strength95th percentile among SIC peers · 24/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees9/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2024

Net Worth

£384k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£68k

Working capital

Current Assets

£120k

Current Liabilities

£152k

Fixed Assets

£658k

Debtors

£120k

2avg. employees

Balance Sheet

Assets less current liabilities£590k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.79+£10k
20230.68+£75k
20224.34+£2k
20214.49+£46k
20204.09+£463k
2019-5.80-£418k
20180.58

Derived from filed accounts. Not audited figures.