Firstcom Europe Group Midco Limited
12731102
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 15 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 08/07/2025
Due 22/07/2026
Industry
Officers
director · Since 22/07/2020
CEO
BRITISH · ENGLAND · Age 52
Also on 4 other boards
director · Since 24/02/2021
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 8 other boards
Persons with Significant Control
Firstcom Europe Group Holdings Limited
2, Thomas Holden Street, Bolton, BL1 2QG
Reg: 12714803 · Companies House · Limited By Shares
Notified 09/07/2020
Charges15 outstanding
WILMINGTON TRUST (LONDON) LIMITED (THE "SECURITY AGENT")
OAKFIELD CAPITAL III LP REPRESENTED BY ITS GENERAL PARTNER OAKFIELD CAPITAL GENERAL PARTNER LLP · OAKFIELD CAPITAL III SATELLITE LP ACTING BY ITS GENERAL PARTNER OAKFIELD CAPITAL GENERAL PARTNE · BEECHBROOK MEZZANINE II L.P. ACTING BY ITS GENERAL PARTNER, BEECHBROOK MEZZANINE II GP LP, ACTI · CHRISTIAN BLEAKLEY AND DAVID THOMAS-WALLS AS TRUSTEES OF THE WILKES TRUST · THERE ARE MORE THAN FOUR PERSONS ENTITLED
OAKFIELD CAPITAL III LP ACTING BY ITS GENERAL PARTNER OAKFIELD CAPITAL GENERAL PARTNER LLP AS S
WILMINGTON TRUST (LONDON) LIMITED (THE "SECURITY AGENT")
WILMINGTON TRUST (LONDON) LIMITED (THE “SECURITY AGENT�)
OAKFIELD CAPITAL III LP ACTING BY ITS GENERAL PARTNER OAKFIELD CAPITAL GENERAL PARTNER LLP AS S
OAKFIELD CAPITAL III LP ACTING BY ITS GENERAL PARTNER OAKFIELD CAPITAL GENERAL PARTNER LLP AS S
OAKFIELD CAPITAL III LP REPRESENTED BY ITS GENERAL PARTNER OAKFIELD CAPITAL GENERAL PARTNER LLP · SHARE NOMINEES LIMITED · BEECHBROOK MEZZANINE SARL · MR JEAN PIERRE VANDROMME · THERE ARE MORE THAN FOUR PERSONS ENTITLED
OAKFIELD CAPITAL III LP ACTING BY ITS GENERAL PARTNER OAKFIELD CAPITAL GENERAL PARTNER LLP AS S
OAKFIELD CAPITAL III LP ACTING BY ITS GENERAL PARTNER OAKFIELD CAPITAL GENERAL PARTNER LLP AS S
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED AS SECURITY AGENT
WILMINGTON TRUST (LONDON) LIMITED
WILMINGTON TRUST (LONDON) LIMITED
CompanyRankvs 438530+ SIC 64209 peers18
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
-£25.4M
Balance sheet strength
Cash
£4k
Cash in the bank
Profit Before Tax
-£14.7M
Bottom line earnings
Net Current Assets
-£2.7M
Working capital
Current Assets
£24.3M
Current Liabilities
£27.0M
Fixed Assets
£21.2M
Debtors
£24.3M
Admin Expenses
£8.7M
Profit After Tax
-£14.7M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.90 | -£14.7M |
| 2023 | 1.43 | -£3.3M |
| 2022 | 1.40 | -£3.2M |
| 2021 | 1.07 | — |
Derived from filed accounts. Not audited figures.