BUSINESS FIRST SOLUTIONS LIMITED Financials
- Company number
- 04906851CopyCopy
- Registered office
- 269 Farnborough Road, Farnborough GU14 7LY
- Incorporated
- 22/09/2003
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-5.43%vs 20232023: £1.16M
Total Assets
-46.71%vs 20232023: £3.49M
Cash in Bank
-78.15%vs 20232023: £172.72K
Total Liabilities
1.39%vs 20232023: £747.63K
Employees
0vs 20232023: 10
In 2024, BUSINESS FIRST SOLUTIONS LIMITED reported net assets of £1.10M. The same filing shows total assets of £1.86M, cash in bank of £37.74K and total liabilities of £758.05K. Reported headcount was 10 in 2024. Total Assets fell from £3.49M in 2023 to £1.86M in 2024 (-46.71%). Okredo holds filed figures for 2021–2024; 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
-5.43%from £1.16M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures BUSINESS FIRST SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-4.8%vs 2022-2.4% a year compound (CAGR)
Cash in Bank
-88.5%vs 2022-66.1% a year compound (CAGR)
Total Assets
-47.2%vs 2022-27.3% a year compound (CAGR)
Total Liabilities
-17.5%vs 2022-9.2% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Cash in Bank-88.5%
£328.03K in 2022 to £37.74K in 2024
Every measure that changed in BUSINESS FIRST SOLUTIONS LIMITED's filings between 2022 and 2024 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BUSINESS FIRST SOLUTIONS 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
- 59.18%2024
- 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.
- Liabilities to total assets
- 40.82%2024
- 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.
- Cash to liabilities
- 4.98%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 2.03%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BUSINESS FIRST SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.16M | 1.15M | 1.16M | 1.10M |
| Total Assets£ | 3.27M | 3.52M | 3.49M | 1.86M |
| Cash in Bank£ | 184.97K | 328.03K | 172.72K | 37.74K |
| Total Liabilities£ | 687.07K | 918.86K | 747.63K | 758.05K |
| Employees | 10 | 10 | 10 | 10 |
BUSINESS FIRST SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BUSINESS FIRST SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
BUSINESS FIRST SOLUTIONS LIMITED reported net assets of £1.10M for 2024. That compares with £1.16M in 2023, a change of -5.43%.
BUSINESS FIRST SOLUTIONS LIMITED reported total assets of £1.86M for 2024. That compares with £3.49M in 2023, a change of -46.71%.
BUSINESS FIRST SOLUTIONS LIMITED reported cash in bank of £37.74K for 2024. That compares with £172.72K in 2023, a change of -78.15%.
BUSINESS FIRST SOLUTIONS LIMITED reported 10 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, BUSINESS FIRST SOLUTIONS LIMITED's net assets fell by 4.8%, cash in bank fell by 88.5%, total assets fell by 47.2% and total liabilities fell by 17.5%. Net assets contracted at 2.4% a year across the two years to 2024, from £1.15M to £1.10M. Reported headcount went from 10 in 2022 to 10 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.