First Right Property Limited
15797106
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/06/2024
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 32
Also on 1 other board
Persons with Significant Control
Mr Reece Dwayne Vernon
British · England · Age 32
96, Newbridge Street, Wolverhampton, WV6 0EQ
Notified 23/06/2024
Former PSCs
Mr Christopher Porter
Ceased 25/06/2024
Charges2 outstanding
KENSINGTON MORTGAGE COMPANY LIMITED
ALDERMORE BANK PLC
CompanyRankvs 138550+ SIC 68100 peers23
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
-£6k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£36k
Working capital
Current Assets
£1k
Current Liabilities
£37k
Fixed Assets
£205k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.03 |
Derived from filed accounts. Not audited figures.