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First Light Developments Ltd

12859978

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

ELK HOUSE, REDDITCH, B97 6QX
Incorporated 07/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Gary Keith Jarvis

director · Since 07/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Gary Keith Jarvis

25–50% shares
25–50% votes

British · United Kingdom · Age 53

Elk House, Brockhill Lane, Redditch, B97 6QX

Notified 09/09/2020

Mrs Rachel Jarvis

25–50% shares
25–50% votes

British · United Kingdom · Age 53

Elk House, Brockhill Lane, Redditch, B97 6QX

Notified 18/09/2025

Former PSCs

Mr Gary Keith Jarvis

Ceased 08/09/2020

Mrs Rachel Jarvis

Ceased 08/09/2020

Charges2 outstanding

Charge
outstanding

TSB BANK PLC

Created 28/05/2021Registered 03/06/2021
Charge
outstanding

TSB BANK PLC

Created 21/05/2021Registered 26/05/2021

CompanyRankvs 238898+ SIC 68209 peers
23

Financial strength2th percentile among SIC peers · 1/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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238898First Light Developments Ltd
32
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.

Employees9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£169k

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

-£271k

Working capital

Current Assets

£115k

Current Liabilities

£386k

Fixed Assets

£3.0M

Debtors

£3k

1avg. employees

Balance Sheet

Bank loans & overdrafts£508k
Assets less current liabilities£2.8M
Signed by 12859978 2024-07-01 2025-06-30 12859978 2025-06-30 12859978 core:RetainedEarningsAccumulatedLosses 2025-06-30 12859978 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30+£0
20250.30-£54k
20240.58-£9k
20230.02-£62k
20220.67-£33k
20211.27—

Derived from filed accounts. Not audited figures.