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First B Properties Ltd

13013765

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2, BRAUNTON, EX33 2FB
Incorporated 12/11/2020

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
68320
Management of real estate on a fee or contract basis

Officers

Mr Mathew Patey

secretary · Since 12/11/2020

Also on 10 other boards

Mr Sebastian Ash

director · Since 12/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Mr Timothy James

director · Since 12/11/2020

CAR SPRAYER

BRITISH · UNITED KINGDOM · Age 47

Mr Mathew Patey

director · Since 12/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 10 other boards

Persons with Significant Control

Mr Timothy James

25–50% shares
25–50% votes

British · United Kingdom · Age 47

Unit 2, Velator Way, Braunton, EX33 2FB

Notified 12/11/2020

Mr Mathew Patey

25–50% shares
25–50% votes

British · United Kingdom · Age 47

Unit 2, Velator Way, Braunton, EX33 2FB

Notified 12/11/2020

Sebastian Ash

25–50% shares
25–50% votes

British · United Kingdom · Age 43

Unit 2, Velator Way, Braunton, EX33 2FB

Notified 12/11/2020

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 23/12/2022Registered 23/12/2022

CompanyRankvs 171975+ SIC 68100 peers
17

Financial strength5th percentile among SIC peers · 1/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees3/15 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 30/11/2024

Net Worth

-£66k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£215k

Working capital

Current Assets

£2k

Current Liabilities

£217k

Fixed Assets

£337k

0avg. employees

Balance Sheet

Assets less current liabilities£122k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£20k
20230.01-£38k

Derived from filed accounts. Not audited figures.