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First Option Accounting Limited

08659250

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

SUITE 2,PARKWAY 5,, MANCHESTER, M14 7HR
Incorporated 21/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities
69203
Tax consultancy

Officers

Mr Shuja Ur Rehman

director · Since 21/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 28 other boards

Persons with Significant Control

Mr Shuja Ur Rehman

75–100% shares
75–100% votes

British · England · Age 45

Suite 1, Parkway Business Centre, Manchester, M14 7HR

Notified 06/04/2016

CompanyRankvs 13175+ SIC 69201 peers
67

Financial strength44th percentile among SIC peers · 11/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.67× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees12/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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.

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

Key FinancialsYear ending 23/08/2024

Net Worth

£2k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£78k

Current Liabilities

£47k

Debtors

£77k

4avg. employees-3

Balance Sheet

Bank loans & overdrafts£30k
Assets less current liabilities£32k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.67+£423
20231.02
20221.01
20212.02
20202.22
20191.06+£3k
20180.91

Derived from filed accounts. Not audited figures.