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First Rate Partnership Ltd

15774149

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

CORBY ENTERPRISE CENTRE, CORBY, NN17 5EU
Incorporated 12/06/2024

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 11/06/2026

Due 25/06/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Spencer John Joyce

director · Since 12/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Mr Janis Perkons

director · Since 12/06/2024

DIRECTOR

LATVIAN · UNITED KINGDOM · Age 39

Mr Jordan James Walsh

director · Since 12/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 4 other boards

Persons with Significant Control

Mr Janis Perkons

25–50% shares
25–50% votes

Latvian · United Kingdom · Age 39

18, Bamford Road, Wigan, WN3 5EE

Notified 12/06/2024

Mr Spencer John Joyce

25–50% shares
25–50% votes

British · United Kingdom · Age 38

Corby Enterprise Centre, London Road, Corby, NN17 5EU

Notified 12/06/2024

Mr Jordan James Walsh

25–50% shares
25–50% votes

British · United Kingdom · Age 35

Corby Enterprise Centre, London Road, Corby, NN17 5EU

Notified 12/06/2024

Charges1 outstanding

A registered charge
outstanding

Ultimate Bridging Finance Limited

The leasehold property known as 7, lescudjack heights, pendennis place, penzance and parking space, TR18 2FA registered at hm land registry under title number CL299977.

Created 10/12/2025Registered 22/12/2025

CompanyRankvs 294335+ SIC 68209 peers
10

Financial strength15th percentile among SIC peers · 4/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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294335First Rate Partnership Ltd
26
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.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 30/06/2025

Net Worth

-£8k

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£77k

Current Liabilities

£85k

0avg. employees
Signed by Mr S Joyce,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.91

Derived from filed accounts. Not audited figures.