# FIRST OPTION ACCOUNTING LIMITED (08659250)

> FIRST OPTION ACCOUNTING LIMITED is an active private limited company (company number 08659250) incorporated on 21 August 2013, registered in Manchester. Its registered activity is accounting and auditing activities (SIC 69201). Latest small accounts cover the period ending 23 August 2025, showing net assets of −£588 and cash of £1,081, with 3 employees on average. Net assets fell 131% on the prior period (£1,886). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2013-08-21
- Registered office: Manchester, M14 7HR
- SIC 69201: Accounting and auditing activities
- SIC 69202: Bookkeeping activities
- SIC 69203: Tax consultancy
- Next accounts due: 2027-05-23
- Confirmation statement due: 2027-09-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 1,753 comparable companies in Manchester (median £4,808, upper quartile £32k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-23 | −£588 | £1,081 | £85k | £57k | — | — | 3 |
| 2024-08-23 | £1,886 | £1,501 | £77k | £47k | — | — | 4 |
| 2023-08-23 | £1,463 | £2,074 | £78k | £47k | — | — | 7 |

current ratio 1.51; net assets trend volatile; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-588 at 23 August 2025
- Net assets down 25% or more on the prior period: -131.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.51
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 21 August 2013

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Shuja Ur Rehman — owns 75–100% of shares; holds 75–100% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/08659250
HTML: https://firmoscan.com/company/08659250-first-option-accounting-limited