First Rate Retail Ltd
13092073
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 20/12/2025
Due 03/01/2027
Industry
Officers
director · Since 21/12/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Also on 5 other boards
director · Since 25/09/2023
NURSE
BRITISH · UNITED KINGDOM · Age 34
Also on 3 other boards
Persons with Significant Control
Mr Karl Rashid
British · United Kingdom · Age 41
14 Kerry Hill, Oakridge Park, Milton Keynes, MK14 6GG
Notified 21/12/2020
Mrs Olivia Rashid
British · United Kingdom · Age 34
14 Kerry Hill, Oakridge Park, Milton Keynes, MK14 6GG
Notified 21/12/2020
CompanyRankvs 904+ SIC 47300 peers58
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£67k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£96k
Working capital
Current Assets
£242k
Current Liabilities
£152k
Fixed Assets
£41k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.60 | -£28k |
| 2023 | 1.49 | +£44k |
| 2022 | 1.65 | +£55k |
| 2021 | 0.76 | — |
Derived from filed accounts. Not audited figures.