FIRST GEN CONSULTING LIMITED

Executive Summary

First Gen Consulting Limited is a micro to small-sized niche player in the UK management consultancy sector, demonstrating strong financial health with growing net assets and cash reserves. Positioned to capitalise on ongoing industry trends such as digital transformation and bespoke advisory services, its key strength lies in financial prudence and agility. However, limited scale and resources pose challenges in competing against larger, more diversified consultancies.

FIRST GEN CONSULTING LIMITED - Analysis Report

Company Number: 14121403

Analysis Date: 2025-07-29 18:36 UTC

1. Industry Classification
   First Gen Consulting Limited operates within the "Management consultancy activities other than financial management" sector, as per SIC code 70229. This sector typically involves providing strategic, operational, human resources, and other business advisory services that help organisations improve performance. Key characteristics include reliance on intellectual capital, relatively low fixed asset intensity, and a strong emphasis on client relationships and customised solutions.

2. Relative Performance
   As a newly incorporated private limited company (since May 2022), First Gen Consulting Limited is currently a micro to small-sized enterprise based on its financials and employee count (1 director/employee). The company shows a strong growth trajectory, with net assets increasing from approximately £158k in 2023 to £366k in 2024, primarily supported by rising cash balances. This liquidity position is healthy compared to typical small consultancy firms, which often operate with lean working capital but may experience fluctuating cash flows due to project-based revenues. The absence of fixed assets and minimal liabilities align with industry norms, where consultancy firms hold few tangible assets and depend more on human capital.

3. Sector Trends Impact
   The UK management consultancy sector has been experiencing steady growth driven by digital transformation, increased demand for sustainability consulting, and agile organisational redesign following the COVID-19 pandemic. Clients increasingly seek specialised expertise to navigate complex regulatory environments and innovate business models. First Gen Consulting, given its size, may benefit from these trends by focusing on niche sectors or customised consulting services. However, competition from larger consultancies and freelance consultants could pressure pricing and client acquisition. The sector’s emphasis on intellectual property and knowledge sharing means the company’s future success depends heavily on the expertise and network of its director and potential team expansion.

4. Competitive Positioning
   First Gen Consulting Limited is a niche player, currently operating at a micro/small scale with a single director who is also the sole person with significant control. This structure allows agile decision-making but limits scalability and diversification of expertise compared to mid-sized and large management consultancies. Financially, the company’s clean balance sheet and strong cash position are strengths, indicating prudent financial management and minimal debt risk. However, the lack of fixed assets and limited human resources may restrict the ability to undertake larger or multiple simultaneous projects, which larger competitors can leverage. The company's exemption from audit and small company regime filing requirements reflect its scale but may limit external credibility compared to larger audited consultancies.