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Firstgate Developments Ltd

13404154

active
ltd
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

23 Chelwood Drive, Leeds, LS8 2AT
Incorporated 17/05/2021

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 05/02/2026

Due 19/02/2027

On track

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 Jaan Abdul Yaqub

director · Since 17/05/2021

PROCESS TECHNICIAN

BRITISH · UNITED KINGDOM · Age 25

Also on 2 other boards

Jaan Abdul Yaqub

director · Since 17/05/2021

British · United Kingdom · Age 25

Persons with Significant Control

Mr Jaan Abdul Yaqub

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 25

23, Chelwood Drive, Leeds, LS8 2AT

Notified 17/05/2021

Charges4 outstanding

Charge
outstanding

LENDINVEST BTL LIMITED

Created 12/04/2024Registered 16/04/2024
Charge
outstanding

LENDINVEST BTL LIMITED

Created 12/12/2023Registered 14/12/2023
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 17/10/2023Registered 18/10/2023
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 23/08/2023Registered 23/08/2023
Charge
satisfied

BATH AND WEST FINANCE LIMITED (COMPANY NUMBER 07673439)

Created 03/01/2023Registered 04/01/2023Satisfied 07/11/2023
Charge
satisfied

BATH AND WEST FINANCE LIMITED (COMPANY NUMBER 07673439)

Created 03/01/2023Registered 04/01/2023Satisfied 07/11/2023

Change History

officer appointedYAQUB, Jaan Abdul
2026-07-23
statusactive
2026-07-23

Active

typeltd
2026-07-23

Private Limited Company

address line123 Chelwood Drive
2026-07-23

23 CHELWOOD DRIVE

post townLeeds
2026-07-23

LEEDS

CompanyRankvs 134688+ SIC 68100 peers
25

Financial strength15th percentile among SIC peers · 4/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio -0.26× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 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.

Longevity5/15 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 31/05/2025

Net Worth

-£12k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£175k

Working capital

Current Assets

£36k

Current Liabilities

-£139k

Fixed Assets

£201k

Debtors

£32k

1avg. employees

Balance Sheet

Bank loans & overdrafts£388k
Assets less current liabilities£376k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26-£1k
2024+£13k

Derived from filed accounts. Not audited figures.