FIRST DIRECTION LTD

Company number 12774348 ·

Active

Executive summary

First Direction Ltd exhibits deteriorating financial health with persistent negative net assets and weak liquidity, raising significant concerns about its capacity to meet credit obligations. The company’s micro-entity scale and negative working capital suggest limited financial resilience, warranting a decline recommendation for credit extension without substantial additional security. Continuous monitoring of liquidity and equity improvements is essential if future credit facilities are considered.

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Shareholders' funds

£19,333

Balance sheet as at 2025-07-31

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Overview

Company type
Private Limited Company
Incorporated
2020-07-28
Employees
1 (2025 accounts)
Registered office
8 Cromwell Centre, 32 Thames Road, Barking, Essex, England, IG11 0HZ
Postcode
IG11 0HZ
Capital
100 GBP
Accounts category
Micro

Accounts

Last made up to
2025-07-31
Next due by
2027-04-30
Financial year end
31 July

Confirmation statement

Last statement dated
2025-07-22
Next due by
2026-08-05
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Nature of business (SIC)

  • 47910 Retail sale via mail order houses or via Internet

Officers 1 current · 2 resigned

Appointed 2023-09-14

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Among its peers

Top 10%

by shareholders' funds, of 1,122 similar companies in IG

Among the oldest 25% of its local peers, trading since 2020.

110 companies are registered at this postcode →

Competitors Ilford

This company ranks 91 among retail sale via mail order houses or via internet in Ilford.

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The class of 2020

19%

of the 35,904 companies in this sector incorporated in 2020 are still active today; 79% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →