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Mts First Solutions Ltd

11434033

active
Private Limited Company
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

408 WEST GREEN ROAD, LONDON, N15 3PX
Incorporated 26/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

18130
Pre-press and pre-media services
46190
Agents involved in the sale of a variety of goods
62020
Information technology consultancy activities
71122
Engineering related scientific and technical consulting activities

Officers

Mr Muhammad Tayyab Shafiq

director · Since 16/08/2023

DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 4 other boards

Persons with Significant Control

Mr Muhammad Tayyab Shafiq

75–100% shares
75–100% votes

British · England · Age 31

408, West Green Road, London, N15 3PX

Notified 16/08/2023

Former PSCs

Mr Muhammad Tayyab Shafiq

Ceased 01/10/2021

Mr Bilal Bin Saqib

Ceased 06/10/2022

Mr Aziz Ahmad

Ceased 16/08/2023

CompanyRankvs 705+ SIC 18130 peers
46

Financial strength14th percentile among SIC peers · 4/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

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.

Longevity8/15 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 30/06/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£7k

Current Liabilities

£8k

Fixed Assets

£144

4avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89+£0
20250.89+£6k
20240.48-£24k
202315.69+£970
20225.86-£2k
20217.99+£5k
20202.43+£1k
201911.99

Derived from filed accounts. Not audited figures.