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First Rate Flat Roofing Ltd

11690667

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

EASTBOURNE HOUSE, BOSTON, PE21 7LG
Incorporated 21/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43910
Roofing activities

Officers

Mr Michael Rate

director · Since 21/11/2018

ROOFING CONTRACTOR

BRITISH · ENGLAND · Age 41

Also on 3 other boards

Persons with Significant Control

Mr Michael Rate

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

British · England · Age 41

Eastbourne House, Wyberton West Road, Boston, PE21 7LG

Notified 21/11/2018

Mrs Carly Rate

25–50% shares
25–50% votes

English · England · Age 46

Eastbourne House, Wyberton West Road, Boston, PE21 7LG

Notified 21/11/2018

CompanyRankvs 2616+ SIC 43910 peers
67

Financial strength83th percentile among SIC peers · 21/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.14× · 20/20
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 strength21/25 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.

Liquidity20/20 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 30/11/2024

Net Worth

£104k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£52k

Current Liabilities

£17k

Fixed Assets

£141k

1avg. employees

Balance Sheet

Assets less current liabilities£177k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.14+£41k
20232.42+£24k
20223.58+£36k
20211.26-£48k
20200.72+£35k
20191.32

Derived from filed accounts. Not audited figures.