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First Class Software Ltd

14597971

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 17/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Eren Ince

director · Since 17/01/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 24

Also on 13 other boards

Persons with Significant Control

Mr Eren Ince

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

British · England · Age 24

167-169, Great Portland Street, London, W1W 5PF

Notified 17/01/2023

CompanyRankvs 49827+ SIC 62012 peers
19

Financial strength10th percentile among SIC peers · 3/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees6/15 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.

Longevity3/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

g Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements are presented in sterling (£), which is also the functional currency of the company. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/01/2025

Net Worth

-£16k

Balance sheet strength

Cash

£66

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£2k

Current Liabilities

£22k

Fixed Assets

£5k

Debtors

£2k

1avg. employees

Balance Sheet

Assets less current liabilities-£15k
Signed by Mr E Ince 19/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.10-£10k
20240.25—

Derived from filed accounts. Not audited figures.