# FIRST CONTRACT SERVICE LTD (15546454)

> FIRST CONTRACT SERVICE LTD is an active private limited company (company number 15546454) incorporated on 7 March 2024, registered in London. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£51k and cash of £54, with 1 employee on average. Net assets fell 51254% on the prior period (£100).

- Status: Active
- Incorporated: 2024-03-07
- Registered office: London, RM10 7XD
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-21
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 2,463 comparable companies in Greater London (median £2,488, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£51k | £54 | — | £251k | — | — | 1 |
| 2024-03-31 | £100 | £100 | — | — | — | — | 1 |

current ratio 0; size band micro.

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

- Net assets below zero: Net assets £-51,154 at 31 March 2025
- Net assets down 25% or more on the prior period: -51254.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.0
- Incorporated two to five years ago: Incorporated 7 March 2024

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

## Persons with significant control

- Mr Ashraf Hussain — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-03-07

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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/15546454
HTML: https://firmoscan.com/company/15546454-first-contract-service-ltd