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First Coffee Ltd

12694406

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

C/O SOLID LTD EAGLE HOUSE, LONDON, EC1V 1NR
Incorporated 24/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Sead Haxhijaha

director · Since 24/06/2020

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Sead Haxhijaha

50–75% shares

British · England · Age 49

C/O Solid Ltd, Eagle House, London, EC1V 1NR

Notified 24/06/2020

Former PSCs

Mr Hekuran Vokshi

Ceased 05/11/2024

Mr Fatmir Haxhijaha

Ceased 09/12/2022

Mr Biagio Pasquale Cicirelli

Ceased 31/10/2024

CompanyRankvs 39277+ SIC 56103 peers
18

Financial strength13th percentile among SIC peers · 3/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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.

Longevity6/15 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

directors consider the use of the going concern basis of accounting to be appropriate because there are no material uncertainties that may cast significant doubt on the company’s ability to continue as a going concern. Cash and cash equivalents Ca

Key FinancialsYear ending 30/06/2025

Net Worth

-£13k

Balance sheet strength

Cash

£290

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£296

Current Liabilities

£6k

Debtors

£6

0avg. employees

Tax at Year End(2024)

VAT£1k

Balance Sheet

Assets less current liabilities-£6k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.05+£0
20250.05+£6k
20240.66+£10k£25k
20231.23+£22k£121k
20220.81-£34k
20210.21£3k

Derived from filed accounts. Not audited figures.