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First Step Holdings Ltd

13036438

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

226 WILMSLOW ROAD, MANCHESTER, M14 6LE
Incorporated 23/11/2020

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

Officers

Mr Shahzad Ahmed

director · Since 23/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Mrs Sabiha Iftikhar

director · Since 23/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Shahzad Ahmed

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 41

82, Longford Road West, Stockport, SK5 6HX

Notified 23/11/2020

Mrs Sabiha Iftikhar

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 43

82, Longford Road West, Stockport, SK5 6HX

Notified 23/11/2020

Charges3 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 21/02/2025Registered 11/03/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 21/02/2025Registered 28/02/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 02/06/2023Registered 12/06/2023

CompanyRankvs 94782+ SIC 68100 peers
32

Financial strength63th percentile among SIC peers · 16/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.49× · 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 strength16/25 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

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£61k

Working capital

Current Assets

£58k

Current Liabilities

£120k

Fixed Assets

£250k

0avg. employees

Balance Sheet

Assets less current liabilities£188k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.49+£6k
20230.40+£3k
20220.92-£418

Derived from filed accounts. Not audited figures.