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First Wave Equestrian Limited

13674890

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

FLEMING COURT, EASTLEIGH, SO50 9PD
Incorporated 12/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01430
Raising of horses and other equines

Officers

Mrs Christine Therese Khairallah

director · Since 12/10/2021

HORSE TRAINER

BRITISH · ENGLAND · Age 66

Also on 1 other board

Miss Sarah Chaouki Khairallah

director · Since 12/10/2021

HORSE TRAINER

BRITISH · UNITED KINGDOM · Age 27

Persons with Significant Control

Mrs Christine Therese Khairallah

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

British · England · Age 66

Fleming Court, Leigh Road, Eastleigh, SO50 9PD

Notified 12/10/2021

CompanyRankvs 1364+ SIC 01430 peers
35

Financial strength11th percentile among SIC peers · 3/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

-£159k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£38k

Current Liabilities

£1.1M

Fixed Assets

£948k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£159k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£96k
20230.06-£43k
20220.13

Derived from filed accounts. Not audited figures.