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First Line Fasteners Limited

09997395

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

6 RODING LANE SOUTH, ILFORD, IG4 5NX
Incorporated 10/02/2016

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 16/06/2025

Due 30/06/2026

On track

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Russell James Lythall

director · Since 10/02/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

William Laurence Lythall

director · Since 10/02/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Persons with Significant Control

Mr Russell James Lythall

25–50% shares
25–50% votes

British · United Kingdom · Age 44

6, Roding Lane South, Ilford, IG45N

Notified 06/04/2016

William Laurence Lythall

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 72

6, Roding Lane South, Ilford, IG4 5NX

Notified 06/04/2016

CompanyRankvs 6253+ SIC 47789 peers
46

Financial strength11th percentile among SIC peers · 3/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

Liquidity6/20 pts

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

Longevity10/15 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

-£22k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£249k

Current Liabilities

£255k

Fixed Assets

£2k

Debtors

£105k

6avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Bank loans & overdrafts£19k
Assets less current liabilities-£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98-£21k
20241.13
20231.14
20221.30-£21k
20211.78-£21k
20201.31+£25k
20191.04

Derived from filed accounts. Not audited figures.