FIRST OPTION LIMITED, SO24 9JJ : Companies House Number 02453594

Executive summary

FIRST OPTION LIMITED has built a respectable asset foundation over 35 years, with £822k in net assets providing genuine balance sheet resilience—yet it remains operationally fragile due to severe working capital deficits, single-person dependency, and revenue streams that appear insufficient relative to its asset base. The strategic path forward requires unlocking value from the substantial fixed asset holdings to resolve liquidity constraints, then investing in team expansion and service formalization to convert accumulated expertise into scalable, recurring revenue. Without this transition, the company risks remaining a wealthy balance sheet searching for a sustainable business model.

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Shareholders' funds

£867,690

Balance sheet as at 2025-12-24

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Overview

Company type: Private Limited Company
Incorporated: 1989-12-19
Employees: 1 (2025 accounts)
Registered office: Signal House, Jacklyns Lane, Alresford, Hampshire, SO24 9JJ
Postcode: SO24 9JJ
Capital: 2,201 GBP
Accounts category: Micro
Charges: 6 outstanding

Accounts

Last made up to: 2025-12-24
Next due by: 2027-09-24
Financial year end: 24 December

Confirmation statement

Last statement dated: 2026-02-27
Next due by: 2027-03-13

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Nature of business (SIC)

62012 Business and domestic software development
62090 Other information technology service activities
70229 Management consultancy activities other than financial management
85590 Other education not elsewhere classified

Officers 1 current · 12 resigned

Director

Subscribers only Appointed 2000-08-30

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Group structure 5 subsidiaries

From persons-with-significant-control filings on the public register.

Data protection registration

Registered with the ICO as a data protection fee payer — ZB476352 (Tier 1), registered since 2022.

Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.

Previous registered addresses 2

Address	Changed on
NAPIER HOUSE, THE ABBAS BUSINESS CENTRE, ITCHEN ABBAS, WINCHESTER HAMPSHIRE SO21 1BQ	1998-06-05
9 SPRINGVALE ROAD, KINGS WORTHY, NR. WINCHESTER, HAMPSHIRE SO23 7LT	1993-03-30

Among its peers

Top 10%

by shareholders' funds, of 416 similar companies in SO

Among the oldest 25% of its local peers, trading since 1989.

Competitors Southampton

1. DATAFREE TECHNOLOGIES LIMITED

£13,741,300
2. XIM LIMITED

£7,605,203
3. D.A.M. GOOD MEDIA LIMITED

£4,730,000
4. DYNAMON LTD

£4,718,429
5. DEPLOYED LIMITED

£3,321,157

This company ranks 23 among business and domestic software development in Southampton.

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The class of 1989

50%

of the 21,096 companies incorporated in 1989 are still active today; 45% have since been dissolved.

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

Survival rates for every incorporation year →

Property in England & Wales 1 title

Freehold: 1
Most recent registration: 1998-01-30
Where: Hampshire

Title number	County	Tenure	Registered	Price paid
HP387563	Hampshire	Freehold	1998-01-30	—

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).