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First Lines Innovative Fabrication Ltd

09783434

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

C/- SABLE INTERNATIONAL, 5TH FLOOR, LONDON, EC4N 8AD
Incorporated 18/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment
71111
Architectural activities

Officers

Ms Jennie Binchy

director · Since 18/09/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Khaled Saad Eddin Bnchi

director · Since 18/09/2015

DIRECTOR

SYRIAN · UNITED ARAB EMIRATES · Age 48

Persons with Significant Control

Mrs Jennie Binchy

25–50% shares

British · United Kingdom · Age 50

C/- Sable International, 5th Floor, 18 St. Swithin's Lane, London, EC4N 8AD

Notified 06/04/2016

Khaled Saad Eddin Bnchi

50–75% shares

Syrian · United Arab Emirates · Age 48

C/- Sable International, 5th Floor, 18 St. Swithin's Lane, London, EC4N 8AD

Notified 06/04/2016

CompanyRankvs 3345+ SIC 46690 peers
33

Financial strength8th percentile among SIC peers · 2/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.21× · 2/20
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 strength2/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£6k

Current Liabilities

£30k

Fixed Assets

£2k

0avg. employees

Balance Sheet

Assets less current liabilities-£22k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21-£2k
20230.25

Derived from filed accounts. Not audited figures.