FIRST BUSINESS LTD Financials
- Company number
- 09740503CopyCopy
- Registered office
- Unit 116, The Light Bulb, 1 Filament Walk, London SW18 4GQ
- Incorporated
- 19/08/2015
Company snapshot
- Status
- Active
- Employees
- 1 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-27.36%vs 20242024: £-13.90K
Total Assets
13.87%vs 20242024: £137.00
Total Liabilities
27.23%vs 20242024: £14.04K
Employees
-2vs 20242024: 3
In 2025, FIRST BUSINESS LTD reported net assets of £-17.70K. The same filing shows total assets of £156.00 and total liabilities of £17.86K. Reported headcount was 1 in 2025. Total Liabilities rose from £14.04K in 2024 to £17.86K in 2025 (27.23%). 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
-27.36%from £-13.90K 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 FIRST BUSINESS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2023Total Assets
-76.8%vs 2023-51.9% a year compound (CAGR)
Total Liabilities
+42%vs 2023+19.2% a year compound (CAGR)
Employees
-66.7%vs 2023-2Biggest increase
Total Liabilities+42%
£12.57K in 2023 to £17.86K in 2025
Biggest decrease
Total Assets-76.8%
£673.00 in 2023 to £156.00 in 2025
FIRST BUSINESS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FIRST BUSINESS LTD'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
- -11,347.44%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.
- Liabilities to total assets
- 11,447.44%2025
- 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 FIRST BUSINESS LTD 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£ | -4.94K | -21.13K | -11.90K | -13.90K | -17.70K |
| Total Assets£ | 1.88K | 1.20K | 673.00 | 137.00 | 156.00 |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 6.81K | 22.33K | 12.57K | 14.04K | 17.86K |
| Employees | – | 3 | 3 | 3 | 1 |
FIRST BUSINESS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FIRST BUSINESS LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
FIRST BUSINESS LTD reported net assets of £-17.70K for 2025. That compares with £-13.90K in 2024, a change of -27.36%.
FIRST BUSINESS LTD reported total assets of £156.00 for 2025. That compares with £137.00 in 2024, a change of 13.87%.
FIRST BUSINESS LTD reported total liabilities of £17.86K for 2025. That compares with £14.04K in 2024, a change of 27.23%.
FIRST BUSINESS LTD reported 1 employee in 2025, compared with 3 in 2024.
Between 2023 and 2025, FIRST BUSINESS LTD's total assets fell by 76.8%, total liabilities rose by 42% and employee numbers fell by 66.7%. Total assets contracted at 51.9% a year across the two years to 2025, from £673.00 to £156.00. Reported headcount went from 3 in 2023 to 1 in 2025 (-2).
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.