Back to search

First Wembley Limited

11941020

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)
  • Going concern doubt noted in accounts (-10)

Details

2 ACORN CLOSE, WEMBLEY, HA0 2FY
Incorporated 11/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Gari Magalov

director · Since 11/04/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Gari Magalov

25–50% shares

British · United Kingdom · Age 44

8a Birkbeck Road, 8a Birkbeck Road, London, NW7 4AA

Notified 11/04/2019

Mr Luka Maghalov

25–50% shares

Hungarian · England · Age 39

2 Apex Parade, Selvage Lane, London, NW7 3JT

Notified 17/07/2019

CompanyRankvs 111921+ SIC 68100 peers
27

Financial strength4th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Abbott Bros.(Kent),Limited
90
8Stonewood Securities Limited
90
9Braintree Bungalows Limited
90
10Bennett'S Stores Limited
90
111921First Wembley Limited
37
How is this score calculated?
Financial strength1/25 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.

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.

Longevity7/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/04/2025

Net Worth

-£96k

Balance sheet strength

Cash

£221

Cash in the bank

Net Current Assets

-£770k

Working capital

Current Assets

£1k

Current Liabilities

£771k

Fixed Assets

£725k

Debtors

£804

2avg. employees

Director Loans

Company owes directors£718k

Balance Sheet

Assets less current liabilities-£45k
Signed by Gari Magalov 10 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£28k
20240.00+£30k
2023—-£25k
20220.00-£36k
20210.01—

Derived from filed accounts. Not audited figures.