FIRST STEP (UK) LIMITED Financials
- Company number
- 05326038Copy
Copy - Registered office
- 70 Market Street, Tottington, Bury BL8 3LJ
- Incorporated
- 06/01/2005
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2.68%vs 20232023: £3.08M
Total Assets
-14.64%vs 20232023: £26.99M
Cash in Bank
18.95%vs 20232023: £420.27K
Total Liabilities
-16.87%vs 20232023: £23.91M
Employees
0vs 20232023: 9
In 2024, FIRST STEP (UK) LIMITED reported net assets of £3.16M. The same filing shows total assets of £23.04M, cash in bank of £499.93K and total liabilities of £19.87M. Reported headcount was 9 in 2024. Total Liabilities fell from £23.91M in 2023 to £19.87M in 2024 (-16.87%). 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
2.68%from £3.08M 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 FIRST STEP (UK) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+34.5%vs 2022+16% a year compound (CAGR)
Cash in Bank
-63.5%vs 2022-39.6% a year compound (CAGR)
Total Assets
+43.5%vs 2022+19.8% a year compound (CAGR)
Total Liabilities
+45%vs 2022+20.4% a year compound (CAGR)
Employees
+12.5%vs 2022+1Biggest increase
Total Liabilities+45%
£13.70M in 2022 to £19.87M in 2024
Biggest decrease
Cash in Bank-63.5%
£1.37M in 2022 to £499.93K in 2024
FIRST STEP (UK) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FIRST STEP (UK) 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
- 13.73%2024
- Liabilities to total assets
- 86.27%2024
- Cash to liabilities
- 2.52%2024
- Cash to total assets
- 2.17%2024
- Revenue per employee
- £1.35M2024
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FIRST STEP (UK) 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£ | 1.45M | 2.35M | 3.08M | 3.16M |
| Total Assets£ | 10.36M | 16.06M | 26.99M | 23.04M |
| Cash in Bank£ | 740.90K | 1.37M | 420.27K | 499.93K |
| Total Liabilities£ | 8.91M | 13.70M | 23.91M | 19.87M |
| Employees | 8 | 8 | 9 | 9 |
FIRST STEP (UK) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has FIRST STEP (UK) LIMITED filed financial statements?
Yes. Okredo holds filed figures for FIRST STEP (UK) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did FIRST STEP (UK) LIMITED report in 2024?
FIRST STEP (UK) LIMITED reported net assets of £3.16M for 2024. That compares with £3.08M in 2023, a change of 2.68%.
What total assets did FIRST STEP (UK) LIMITED report in 2024?
FIRST STEP (UK) LIMITED reported total assets of £23.04M for 2024. That compares with £26.99M in 2023, a change of -14.64%.
What cash in bank did FIRST STEP (UK) LIMITED report in 2024?
FIRST STEP (UK) LIMITED reported cash in bank of £499.93K for 2024. That compares with £420.27K in 2023, a change of 18.95%.
How many people does FIRST STEP (UK) LIMITED employ?
FIRST STEP (UK) LIMITED reported 9 employees in 2024, compared with 9 in 2023.
How have FIRST STEP (UK) LIMITED financials changed over the last 3 years?
Between 2022 and 2024, FIRST STEP (UK) LIMITED's net assets rose by 34.5%, cash in bank fell by 63.5%, total assets rose by 43.5% and total liabilities rose by 45%. Net assets compounded at 16% a year across the two years to 2024, from £2.35M to £3.16M. Reported headcount went from 8 in 2022 to 9 in 2024 (+1).
Which years of FIRST STEP (UK) LIMITED financial data are available?
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.