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First Rate Homes Limited

11489595

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

18 ST. WERBURGHS ROAD, MANCHESTER, M21 0TN
Incorporated 30/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Lee James Farrell

secretary · Since 30/07/2018

Also on 2 other boards

Mr Lee James Farrell

director · Since 30/07/2018

TECHNICAL MANAGER

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Lee James Farrell

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

British · England · Age 49

18, St. Werburghs Road, Manchester, M21 0TN

Notified 30/07/2018

Charges6 outstanding

Charge
outstanding

GODIVA MORTGAGES LIMITED

Created 07/01/2026Registered 07/01/2026
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 09/03/2023Registered 21/03/2023
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 14/06/2021Registered 18/06/2021
Charge
outstanding

PARAGON BANK PLC

Created 22/02/2021Registered 23/02/2021
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 21/08/2019Registered 22/08/2019
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 20/12/2018Registered 21/12/2018

CompanyRankvs 27816+ SIC 68320 peers
46

Financial strength87th percentile among SIC peers · 22/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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7Saint Andrews Bureau Limited
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8Cholsey Investments Limited
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9G.E.Cook & Sons Limited
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10Compton Property Management Limited
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27816First Rate Homes Limited
55
How is this score calculated?
Financial strength22/25 pts

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

Employees9/15 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

£80k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£23k

Current Liabilities

£76k

Fixed Assets

£292k

Debtors

£1k

1avg. employees

Balance Sheet

Assets less current liabilities£238k
Signed by Lee James Farrell 26/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30+£0
20250.30+£53k
20240.28+£21k
20230.14+£2k
20220.03-£11k
2021—+£13k
20200.21—

Derived from filed accounts. Not audited figures.