1ST ACCOUNTING & BUSINESS SERVICES LIMITED Financials
- Company number
- 08289752Copy
Copy - Registered office
- 81 Shelford Road, Radcliffe-On-Trent, Nottingham, Nottinghamshire NG12 1AU
- Incorporated
- 12/11/2012
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-24.68%vs 20242024: £3.41K
Total Assets
-3.18%vs 20242024: £78.29K
Total Liabilities
107.70%vs 20242024: £18.59K
Employees
0vs 20242024: 3
In 2025, 1ST ACCOUNTING & BUSINESS SERVICES LIMITED reported net assets of £2.57K. The same filing shows total assets of £75.80K and total liabilities of £38.60K. Reported headcount was 3 in 2025. Total Liabilities rose from £18.59K in 2024 to £38.60K in 2025 (107.70%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-24.68%from £3.41K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures 1ST ACCOUNTING & BUSINESS SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-89%vs 2023-66.8% a year compound (CAGR)
Total Assets
+7%vs 2023+3.4% a year compound (CAGR)
Total Liabilities
-18.8%vs 2023-9.9% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Assets+7%
£70.86K in 2023 to £75.80K in 2025
Biggest decrease
Net Assets-89%
£23.34K in 2023 to £2.57K in 2025
1ST ACCOUNTING & BUSINESS SERVICES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from 1ST ACCOUNTING & BUSINESS SERVICES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 3.39%2025
- Liabilities to total assets
- 50.93%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for 1ST ACCOUNTING & BUSINESS SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 9.08K | 4.46K | 23.34K | 3.41K | 2.57K |
| Total Assets£ | 85.88K | 60.63K | 70.86K | 78.29K | 75.80K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 76.79K | 56.17K | 47.52K | 18.59K | 38.60K |
| Employees | 3 | 3 | 3 | 3 | 3 |
1ST ACCOUNTING & BUSINESS SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has 1ST ACCOUNTING & BUSINESS SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for 1ST ACCOUNTING & BUSINESS SERVICES LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
What net assets did 1ST ACCOUNTING & BUSINESS SERVICES LIMITED report in 2025?
1ST ACCOUNTING & BUSINESS SERVICES LIMITED reported net assets of £2.57K for 2025. That compares with £3.41K in 2024, a change of -24.68%.
What total assets did 1ST ACCOUNTING & BUSINESS SERVICES LIMITED report in 2025?
1ST ACCOUNTING & BUSINESS SERVICES LIMITED reported total assets of £75.80K for 2025. That compares with £78.29K in 2024, a change of -3.18%.
What total liabilities did 1ST ACCOUNTING & BUSINESS SERVICES LIMITED report in 2025?
1ST ACCOUNTING & BUSINESS SERVICES LIMITED reported total liabilities of £38.60K for 2025. That compares with £18.59K in 2024, a change of 107.70%.
How many people does 1ST ACCOUNTING & BUSINESS SERVICES LIMITED employ?
1ST ACCOUNTING & BUSINESS SERVICES LIMITED reported 3 employees in 2025, compared with 3 in 2024.
How have 1ST ACCOUNTING & BUSINESS SERVICES LIMITED financials changed over the last 3 years?
Between 2023 and 2025, 1ST ACCOUNTING & BUSINESS SERVICES LIMITED's net assets fell by 89%, total assets rose by 7%, total liabilities fell by 18.8% and employee numbers was unchanged. Net assets contracted at 66.8% a year across the two years to 2025, from £23.34K to £2.57K. Reported headcount went from 3 in 2023 to 3 in 2025.
Which years of 1ST ACCOUNTING & BUSINESS SERVICES LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.