# THE1STPRINCIPLES LIMITED (13936175)

> THE1STPRINCIPLES LIMITED is an active private limited company (company number 13936175) incorporated on 23 February 2022, registered in Harrow. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 28 February 2025, showing net assets of £1,567 and cash of £13k, with 2 employees on average. Net assets fell 28% on the prior period (£2,165).

- Status: Active
- Incorporated: 2022-02-23
- Registered office: Harrow, HA1 2TP
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-03-09
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 12,553 comparable companies in Greater London (median £6,706, upper quartile £48k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £1,567 | £13k | — | £18k | — | — | 2 |
| 2024-02-29 | £2,165 | £11k | — | £15k | — | — | 2 |

current ratio 0.72; size band micro.

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

- Net assets above zero: Net assets £1,567 at 28 February 2025
- Net assets down 25% or more on the prior period: -27.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.72
- Incorporated two to five years ago: Incorporated 23 February 2022

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

## Persons with significant control

- Mrs Mansi Bhandari — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2022-02-23
- Mr Shubhanga Prasad — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2022-02-23

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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/13936175
HTML: https://firmoscan.com/company/13936175-the1stprinciples-limited