1st Principles Limited
09559853
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/04/2015
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 8 other boards
director · Since 29/01/2019
BUSINESSWOMAN
BRITISH · ENGLAND · Age 55
Also on 1 other board
Persons with Significant Control
Mr Karl John Drage
British · England · Age 53
Sandpit Farm, Oak Lane, Coventry, CV5 9BY
Notified 06/04/2016
CompanyRankvs 11145+ SIC 70229 peers78
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/04/2025
Net Worth
£67k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£66k
Working capital
Current Assets
£71k
Current Liabilities
£5k
Fixed Assets
£599
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 15.22 | -£8k |
| 2024 | 8.77 | -£20k |
| 2023 | 8.69 | +£35k |
| 2022 | 10.16 | +£12k |
| 2021 | 5.30 | +£32k |
| 2020 | 3.08 | +£9k |
| 2019 | 1.36 | -£2k |
| 2018 | 1.46 | — |
Derived from filed accounts. Not audited figures.