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First Step Logistics Limited

09486546

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FIRST STEP, SPALDING, PE11 3JN
Incorporated 12/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

CompanyRankvs 20780+ SIC 49410 peers
78

Financial strength91th percentile among SIC peers · 23/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 5.42× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

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.

Longevity11/15 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 31/03/2025

Net Worth

£184k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£120k

Working capital

Current Assets

£194k

Current Liabilities

£36k

Fixed Assets

£65k

2avg. employees+2

Balance Sheet

Assets less current liabilities£185k

EstimatesDerived

YearCurrent RatioImplied Profit
20255.42-£10k
20243.53

Derived from filed accounts. Not audited figures.