# FIRST-RATE MAINTENANCE LIMITED (11140667)

> FIRST-RATE MAINTENANCE LIMITED is a in administration private limited company (company number 11140667) incorporated on 9 January 2018, registered in Newcastle Upon Tyne. Its registered activity is other building completion and finishing (SIC 43390). Latest small accounts cover the period ending 30 April 2025, showing net assets of £36k and cash of £13k, with 39 employees on average. Net assets rose 9% on the prior period (£34k).

- Status: In Administration
- Incorporated: 2018-01-09
- Registered office: Newcastle Upon Tyne, NE3 3LS
- SIC 43390: Other building completion and finishing
- SIC 43999: Other specialised construction activities n.e.c.
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-01-23
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 359 comparable companies in Newcastle (median £2,969, upper quartile £44k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | £36k | £13k | £311k | £142k | — | — | 39 |
| 2024-04-30 | £34k | £40k | £283k | £467k | — | — | 38 |

current ratio 2.69; size band micro.

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

- Net assets above zero: Net assets £36,457 at 30 April 2025
- Current assets at least 1.5× creditors within one year: Current ratio 2.69
- Incorporated five or more years ago: Incorporated 9 January 2018
- Register status is not Active: In Administration

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

## Persons with significant control

- Westlands Acquisitions Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2018-01-09

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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/11140667
HTML: https://firmoscan.com/company/11140667-first-rate-maintenance-limited