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First Round Properties Ltd

12207757

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

37 ST. CUTHBERTS ROAD, WALLSEND, NE28 7JD
Incorporated 16/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Christopher John Douglas

director · Since 16/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Dean David Laing

director · Since 16/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 6 other boards

Persons with Significant Control

Mr Dean David Laing

25–50% shares
25–50% votes

British · United Kingdom · Age 36

37, St. Cuthberts Road, Wallsend, NE28 7JD

Notified 16/09/2019

Mr Christopher John Douglas

25–50% shares
25–50% votes

British · United Kingdom · Age 46

25, Ashdale Crescent, Newcastle Upon Tyne, NE5 1AU

Notified 16/09/2019

Charges2 outstanding

Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 18/03/2020Registered 18/03/2020
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 18/03/2020Registered 18/03/2020

CompanyRankvs 34117+ SIC 68100 peers
50

Financial strength57th percentile among SIC peers · 14/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£11k

Current Liabilities

£9k

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.21+£8k
20230.56
20221.01
20210.88+£455
20200.15

Derived from filed accounts. Not audited figures.