# 1ST PRINCIPLES LIMITED (09559853)

> 1ST PRINCIPLES LIMITED is an active private limited company (company number 09559853) incorporated on 24 April 2015, registered in Coventry. Its registered activity is management consultancy activities other than financial management (SIC 70229). Latest micro accounts cover the period ending 30 April 2025, showing net assets of £67k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 11% on the prior period (£75k).

- Status: Active
- Incorporated: 2015-04-24
- Registered office: Coventry, CV5 9BY
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-05-08
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 2,200 comparable companies in Coventry (median £4,135, upper quartile £33k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | £67k | — | — | £4,674 | — | — | 2 |
| 2024-04-30 | £75k | — | — | £9,848 | — | — | 2 |

current ratio 15.22; size band micro.

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

- Net assets above zero: Net assets £66,875 at 30 April 2025
- Current assets at least 1.5× creditors within one year: Current ratio 15.22
- Incorporated five or more years ago: Incorporated 24 April 2015

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

## Persons with significant control

- Mr Karl John Drage — 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/09559853
HTML: https://firmoscan.com/company/09559853-1st-principles-limited