Firstmerger Accounting Business Limited
10005506
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 15/02/2016
director · Since 13/01/2020
CHIEF OPERATING OFFICER
NIGERIAN · ENGLAND · Age 57
Persons with Significant Control
Mr Adeshina Rasaq Abdul
Nigerian · England · Age 57
44, Alexandra Road, Erith, DA8 2BA
Notified 26/03/2024
Former PSCs
Mr Ademide Haqi Abdul
Ceased 04/02/2023
Mr Gbenga Afolabi
Ceased 26/03/2024
CompanyRankvs 8507+ SIC 69202 peers61
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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 28/02/2025
Net Worth
£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£2k
Working capital
Current Assets
£4k
Current Liabilities
£5k
Fixed Assets
£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.78 | +£500 |
| 2024 | 0.89 | +£2k |
| 2023 | 0.78 | +£1k |
| 2022 | 1.25 | +£3k |
| 2021 | 1.75 | — |
Derived from filed accounts. Not audited figures.