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Fs First Solutions Limited

08006945

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

37TH FLOOR 1 CANADA SQUARE, LONDON, E14 5AA
Incorporated 26/03/2012

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/06/2025

Due 28/06/2026

On track

Industry

64999
Other financial service activities
66300
Fund management activities

Officers

Laggan Secretaries Limited

secretary · Since 26/03/2012

BRITISH

Also on 259 other boards

Mr Federico Costalonga

director · Since 26/03/2012

DIRECTOR

ITALIAN · SWITZERLAND · Age 59

Riccardo Edo Frasca'

director · Since 26/02/2014

DIRECTOR

ITALIAN · ITALY · Age 58

Mr Antonio Trinca Garotin

director · Since 12/07/2017

DIRECTOR

ITALIAN · UNITED KINGDOM · Age 41

Also on 1 other board

Persons with Significant Control

Mr Federico Costalonga

25–50% shares
25–50% votes

Italian · Switzerland · Age 59

5th Floor, North Side, 7/10 Chandos Street, London, W1G 9DQ

Notified 06/04/2016

Mr Riccardo Edo Frasca'

50–75% shares
50–75% votes
Appoint directors

Italian · Italy · Age 58

5th Floor, North Side, 7/10 Chandos Street, London, W1G 9DQ

Notified 06/04/2016

CompanyRankvs 574+ SIC 64999 peers
76

Financial strength97th percentile among SIC peers · 24/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.37× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees13/15 pts

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

Liquidity20/20 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

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/12/2024

Turnover

£9.0M

Annual revenue

Net Worth

£2.2M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£3.1M

Current Liabilities

£931k

Fixed Assets

£502

Debtors

£1.4M

Cost of Sales

£7.1M

Gross Profit

£1.9M

Admin Expenses

£733k

Profit After Tax

£876k

4avg. employees

Tax at Year End

Dividends paid-£792k

People Costs

Wages & salaries£370k
NI contributions£20k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20243.37+£84k
20233.26

Derived from filed accounts. Not audited figures.