FIRST CALL FIRE AND ELECTRICAL LTD

Executive Summary

First Call Fire and Electrical Ltd is financially stable with positive liquidity and net assets, reflecting a healthy start for a micro-entity in its first year. Compliance with filing requirements and positive working capital are strong "vital signs" indicating no immediate financial distress. To ensure continued growth and resilience, the company should focus on cash flow management, building reserves, and planning for operational scaling.

FIRST CALL FIRE AND ELECTRICAL LTD - Analysis Report

Company Number: 14685395

Analysis Date: 2025-07-29 14:55 UTC

Financial Health Assessment Report
Company: First Call Fire and Electrical Ltd
Assessment Date: 2024-06

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1. Financial Health Score: B

Explanation:
First Call Fire and Electrical Ltd exhibits solid foundational financial health for a newly incorporated micro-entity. The company has positive net current assets and net assets, indicating a healthy short-term liquidity position and a positive equity base. However, with only one year of operations and modest absolute figures, the grade is a “B” to reflect good early-stage stability but limited financial scale and operational history.

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2. Key Vital Signs

Metric	Value (£)	Interpretation
Current Assets	11,705	Adequate short-term resources including cash or receivables to meet immediate obligations.
Current Liabilities	9,714	Obligations due within the next 12 months; manageable relative to current assets.
Net Current Assets (Working Capital)	5,116	Positive working capital signals healthy liquidity; the company can cover short-term debts comfortably.
Net Assets (Equity)	5,103	Indicates the company’s total assets exceed liabilities; a positive net asset position is a "healthy heart" for the balance sheet.
Number of Employees	1	Micro-entity scale; simplicity in operations but limited manpower for expansion.
Filing Status	Up to date	No overdue filings; compliance is a positive operational symptom.

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3. Diagnosis

Overall Financial Condition:
First Call Fire and Electrical Ltd is in a stable financial condition typical of a micro-entity in its first year of operation. The company’s balance sheet shows "healthy cash flow" potential given the positive net current assets, suggesting it can meet short-term liabilities without distress. The positive net assets confirm the company is solvent and not over-reliant on debt financing.

The small scale and micro-entity status imply limited complexity but also limited operational reach. The presence of only one employee (likely the director) indicates tight control and low overheads but also dependency on a single individual for operational success.

No signs of financial distress or liquidity crunch are evident, and the company is compliant with filing deadlines, which is an important "vital sign" of good governance and operational discipline.

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4. Recommendations

To strengthen financial wellness and ensure sustainable growth:

• Improve Cash Flow Management: Continue close monitoring of working capital. Although current liquidity is adequate, growth may strain cash flow if not managed proactively.
• Build Financial Reserves: Consider setting aside a cash buffer to weather unforeseen expenses or slow receivables collection, especially as the company grows.
• Expand Revenue Streams: Explore additional contracts or service areas within electrical installation to increase turnover beyond micro-entity thresholds, improving scalability.
• Maintain Compliance Vigilance: Keep up timely filing of accounts and confirmation statements to avoid penalties or regulatory "symptoms" such as fines or reputational damage.
• Consider Audit Readiness: As the company grows beyond micro thresholds, prepare for audit requirements to enhance financial transparency and stakeholder confidence.
• Succession and Risk Planning: With only one director/employee, plan for operational continuity in case of absence or unexpected events.

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