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First Step (Openshaw) Ltd

07936971

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 4 ROYAL MILLS, MANCHESTER, M4 5BA
Incorporated 06/02/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Harinder Singh Dhaliwal

director · Since 06/02/2012

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 58

Also on 15 other boards

Persons with Significant Control

Mr Harinder Singh Dhaliwal

75–100% shares

British · United Kingdom · Age 58

Unit 4 Royal Mills, Redhill Street, Manchester, M4 5BA

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HOMES AND COMMUNITIES AGENCY

Created 14/11/2014Registered 29/11/2014
charge
outstanding

HOMES AND COMMUNITIES AGENCY

Created 28/11/2012Registered 01/12/2012

CompanyRankvs 13560+ SIC 41100 peers
58

Financial strength81th percentile among SIC peers · 20/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees7/15 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.

Longevity14/15 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 31/03/2025

Net Worth

£129k

Balance sheet strength

Cash

£153

Cash in the bank

Net Current Assets

£160k

Working capital

Current Assets

£655k

Current Liabilities

£495k

Debtors

£655k

1avg. employees

Tax at Year End(2021)

Corp tax£2k

Director Loans(2021)

Company owes directors£270k

Balance Sheet

Assets less current liabilities£160k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.32-£2k
20241.34+£863
20231.36-£3k
20221.38-£2k
20211.38+£50k
20201.24-£695
20191.25

Derived from filed accounts. Not audited figures.