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FIRST POINT FINANCIAL SERVICES LIMITED Financials

Company number
09444714Copy
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Registered office
Lakeview House, 4 Woodbrook Crescent, Billericay, Essex CM12 0EQ
Incorporated
17/02/2015

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£259.11K2024
10.01%vs 2023

2023: £235.53K

Total Assets

£488.14K2024
-2.27%vs 2023

2023: £499.46K

Cash in Bank

£204.65K2024
12.60%vs 2023

2023: £181.74K

Total Liabilities

£225.52K2024
-14.05%vs 2023

2023: £262.39K

Employees

62024
0vs 2023

2023: 6

In 2024, FIRST POINT FINANCIAL SERVICES LIMITED reported net assets of £259.11K. The same filing shows total assets of £488.14K, cash in bank of £204.65K and total liabilities of £225.52K. Reported headcount was 6 in 2024. Total Liabilities fell from £262.39K in 2023 to £225.52K in 2024 (-14.05%). 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

£259.11K2024
10.01%from £235.53K in 2023

Year-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 FIRST POINT FINANCIAL SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£235.63K2022£259.11K2024
+10%vs 2022

+4.9% a year compound (CAGR)

Cash in Bank

£190.19K2022£204.65K2024
+7.6%vs 2022

+3.7% a year compound (CAGR)

Total Assets

£493.68K2022£488.14K2024
-1.1%vs 2022

-0.6% a year compound (CAGR)

Total Liabilities

£256.17K2022£225.52K2024
-12%vs 2022

-6.2% a year compound (CAGR)

Employees

7202262024
-14.3%vs 2022-1

Biggest increase

Net Assets+10%

£235.63K in 2022 to £259.11K in 2024

Biggest decrease

Employees-14.3%

7 in 2022 to 6 in 2024

FIRST POINT FINANCIAL SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FIRST POINT FINANCIAL 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
53.08%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
46.20%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
90.74%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
41.92%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 FIRST POINT FINANCIAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£248.97K235.63K235.53K259.11K
Total Assets£488.47K493.68K499.46K488.14K
Cash in Bank£190.88K190.19K181.74K204.65K
Total Liabilities£236.41K256.17K262.39K225.52K
Employees5766

FIRST POINT FINANCIAL SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has FIRST POINT FINANCIAL SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for FIRST POINT FINANCIAL SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did FIRST POINT FINANCIAL SERVICES LIMITED report in 2024?

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FIRST POINT FINANCIAL SERVICES LIMITED reported net assets of £259.11K for 2024. That compares with £235.53K in 2023, a change of 10.01%.

What total assets did FIRST POINT FINANCIAL SERVICES LIMITED report in 2024?

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FIRST POINT FINANCIAL SERVICES LIMITED reported total assets of £488.14K for 2024. That compares with £499.46K in 2023, a change of -2.27%.

What cash in bank did FIRST POINT FINANCIAL SERVICES LIMITED report in 2024?

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FIRST POINT FINANCIAL SERVICES LIMITED reported cash in bank of £204.65K for 2024. That compares with £181.74K in 2023, a change of 12.60%.

How many people does FIRST POINT FINANCIAL SERVICES LIMITED employ?

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FIRST POINT FINANCIAL SERVICES LIMITED reported 6 employees in 2024, compared with 6 in 2023.

How have FIRST POINT FINANCIAL SERVICES LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, FIRST POINT FINANCIAL SERVICES LIMITED's net assets rose by 10%, cash in bank rose by 7.6%, total assets fell by 1.1% and total liabilities fell by 12%. Net assets compounded at 4.9% a year across the two years to 2024, from £235.63K to £259.11K. Reported headcount went from 7 in 2022 to 6 in 2024 (-1).

Which years of FIRST POINT FINANCIAL SERVICES LIMITED financial data are available?

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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.