Back to search

Firstgate Developments Ltd

13404154

active
Private Limited Company
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

23 CHELWOOD DRIVE, LEEDS, LS8 2AT
Incorporated 17/05/2021

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 Jaan Abdul Yaqub

director · Since 17/05/2021

PROCESS TECHNICIAN

BRITISH · UNITED KINGDOM · Age 25

Also on 2 other boards

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

CompanyRankvs 131947+ SIC 68100 peers
23

Financial strength16th percentile among SIC peers · 4/25
Employees60th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Land Management Group Limited
90
8Abbott Bros.(Kent),Limited
90
9Stonewood Securities Limited
90
10Braintree Bungalows Limited
90
131947Firstgate Developments Ltd
33
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.

Liquidity0/20 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 31/05/2024

Net Worth

-£11k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

£176k

Working capital

Current Assets

—

Current Liabilities

-£136k

Fixed Assets

£201k

1avg. employees

Balance Sheet

Bank loans & overdrafts£388k
Assets less current liabilities£377k
Prepared with Taxfiler

EstimatesDerived

YearImplied Profit
2024+£13k
2023-£20k

Derived from filed accounts. Not audited figures.