firstec limited
firstec limited Company Information
Company Number
08379630
Next Accounts
Sep 2025
Shareholders
regis van deuren
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
studio 6a hornsey street, london, N7 8GR
Website
-firstec limited Estimated Valuation
Pomanda estimates the enterprise value of FIRSTEC LIMITED at £29.1k based on a Turnover of £74.4k and 0.39x industry multiple (adjusted for size and gross margin).
firstec limited Estimated Valuation
Pomanda estimates the enterprise value of FIRSTEC LIMITED at £0 based on an EBITDA of £-2.5k and a 2.86x industry multiple (adjusted for size and gross margin).
firstec limited Estimated Valuation
Pomanda estimates the enterprise value of FIRSTEC LIMITED at £0 based on Net Assets of £-48.6k and 2.13x industry multiple (adjusted for liquidity).
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Firstec Limited Overview
Firstec Limited is a live company located in london, N7 8GR with a Companies House number of 08379630. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2013, it's largest shareholder is regis van deuren with a 100% stake. Firstec Limited is a established, micro sized company, Pomanda has estimated its turnover at £74.4k with declining growth in recent years.
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Firstec Limited Health Check
Pomanda's financial health check has awarded Firstec Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £74.4k, make it smaller than the average company (£4.8m)
- Firstec Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (6.7%)
- Firstec Limited
6.7% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (38.2%)
- Firstec Limited
38.2% - Industry AVG
Profitability
an operating margin of -3.4% make it less profitable than the average company (5.7%)
- Firstec Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (27)
1 - Firstec Limited
27 - Industry AVG
Pay Structure
on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)
- Firstec Limited
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £74.4k, this is less efficient (£171.2k)
- Firstec Limited
£171.2k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (42 days)
- Firstec Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 299 days, this is slower than average (32 days)
- Firstec Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Firstec Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Firstec Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2375.6%, this is a higher level of debt than the average (62.6%)
2375.6% - Firstec Limited
62.6% - Industry AVG
FIRSTEC LIMITED financials
Firstec Limited's latest turnover from December 2023 is estimated at £74.4 thousand and the company has net assets of -£48.6 thousand. According to their latest financial statements, Firstec Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||
| Intangible Assets | |||||||||||
| Investments & Other | 2,721 | 3,365 | |||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 2,721 | 3,365 | |||||||||
| Stock & work in progress | |||||||||||
| Trade Debtors | 2,134 | 4,177 | 4,721 | 13,774 | 7,117 | 26,644 | |||||
| Group Debtors | |||||||||||
| Misc Debtors | |||||||||||
| Cash | 5,059 | 18,670 | 21,480 | ||||||||
| misc current assets | |||||||||||
| total current assets | 2,134 | 4,177 | 4,721 | 13,774 | 7,117 | 26,644 | 5,059 | 18,670 | 21,480 | ||
| total assets | 2,134 | 4,177 | 4,721 | 2,721 | 3,365 | 13,774 | 7,117 | 26,644 | 5,059 | 18,670 | 21,480 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 50,695 | 50,213 | 47,545 | 38,889 | 29,984 | 28,566 | 34,776 | 21,562 | 19,196 | 19,896 | |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | |||||||||||
| total current liabilities | 50,695 | 50,213 | 47,545 | 38,889 | 29,984 | 28,566 | 34,776 | 21,562 | 19,196 | 19,896 | |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 25,457 | ||||||||||
| provisions | |||||||||||
| total long term liabilities | 25,457 | ||||||||||
| total liabilities | 50,695 | 50,213 | 47,545 | 38,889 | 29,984 | 28,566 | 25,457 | 34,776 | 21,562 | 19,196 | 19,896 |
| net assets | -48,561 | -46,036 | -42,824 | -36,168 | -26,619 | -14,792 | -18,340 | -8,132 | -16,503 | -526 | 1,584 |
| total shareholders funds | -48,561 | -46,036 | -42,824 | -36,168 | -26,619 | -14,792 | -18,340 | -8,132 | -16,503 | -526 | 1,584 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | |||||||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | -2,043 | -544 | 4,721 | -13,774 | 6,657 | -19,527 | 26,644 | ||||
| Creditors | 482 | 2,668 | 8,656 | 8,905 | 1,418 | 28,566 | -34,776 | 13,214 | 2,366 | -700 | 19,896 |
| Accruals and Deferred Income | |||||||||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | -2,721 | -644 | 3,365 | ||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -25,457 | 25,457 | |||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -5,059 | -13,611 | -2,810 | 21,480 | |||||||
| overdraft | |||||||||||
| change in cash | -5,059 | -13,611 | -2,810 | 21,480 |
firstec limited Credit Report and Business Information
Firstec Limited Competitor Analysis
Perform a competitor analysis for firstec limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in N 7 area or any other competitors across 12 key performance metrics.
firstec limited Ownership
FIRSTEC LIMITED group structure
Firstec Limited has no subsidiary companies.
Ultimate parent company
FIRSTEC LIMITED
08379630
firstec limited directors
Firstec Limited currently has 2 directors. The longest serving directors include Mr Selven Veeramundar (Mar 2023) and Mr Regis Van Deuren (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Selven Veeramundar | 64 years | Mar 2023 | - | Director | |
| Mr Regis Van Deuren | England | 74 years | May 2023 | - | Director |
P&L
December 2023turnover
74.4k
+3%
operating profit
-2.5k
0%
gross margin
17%
-0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-48.6k
+0.05%
total assets
2.1k
-0.49%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
firstec limited company details
company number
08379630
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
studio 6a hornsey street, london, N7 8GR
Bank
-
Legal Advisor
-
firstec limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to firstec limited.
firstec limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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firstec limited Companies House Filings - See Documents
| date | description | view/download |
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