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1st Solution Consulting Ltd.

09663454

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

FOUNTAIN HOUSE, READING, RG1 7QF
Incorporated 30/06/2015

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Frank Taghi Guy Shams

director · Since 30/06/2015

CEO

GERMAN · GERMANY · Age 55

Persons with Significant Control

Mr Frank Taghi Guy Shams

75–100% shares
75–100% votes
Appoint directors

French · Germany · Age 55

Floor 2, Suite 3, The Outset, Warrington, WA1 1NN

Notified 30/06/2016

CompanyRankvs 14479+ SIC 71122 peers
31

Financial strength0th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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144791st Solution Consulting Ltd.
41
How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 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.

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

matter without qualifying their report: Note 2.2 in the financial statements, which indicates that conditions identified that may cast significant doubt on the Company's ability to continue as a going concern. As stated in note 2.2, these events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on

Key FinancialsYear ending 31/12/2024

Net Worth

-£796k

Balance sheet strength

Cash

£270k

Cash in the bank

Net Current Assets

-£797k

Working capital

Current Assets

£305k

Current Liabilities

£1.1M

Fixed Assets

£852

Debtors

£24k

3avg. employees

Balance Sheet

Assets less current liabilities-£796k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20240.28

Derived from filed accounts. Not audited figures.