FIRST GEAR PROPERTIES LTD

Company number 11324090 · Active

FIRST GEAR PROPERTIES LTD is a private limited company registered in HORNCHURCH, United Kingdom, incorporated on 23 Apr 2018. Its registered activity is buying and selling of own real estate. Its latest published accounts for the period ending 31 Mar 2025 show equity of £28k, total assets of £306k. It has filed 6 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Days since last period end1.6×543–642 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Company age (years)1.6×6.256–12.986 · 0.18 % became insolvent

Lowers the risk

Region0.2×RM · 0.02 % became insolvent
Industry0.3×68 · 0.04 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
11324090 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
23 Apr 2018 (9 years)
Registered address
RM11 1JD HORNCHURCH
Postcode area
Romford
Activity
68100 Buying and selling of own real estate
Industry
Real estate activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Sep 2025– –£28k£306k £60k–1
31 Mar 202415 Dec 2024– –£23k£307k £67k–1
31 Mar 202315 Dec 2023– –£15k£305k £72k–1
31 Mar 202215 Dec 2022– –£11k£306k £78k–1
31 Mar 202115 Dec 2021– –£5,340£347k £84k–1
31 Mar 202015 Mar 2021– –−£713£305k £89k–0

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Romford

Questions about FIRST GEAR PROPERTIES LTD

What is the company number of FIRST GEAR PROPERTIES LTD?

FIRST GEAR PROPERTIES LTD is registered under company number 11324090 in the official register of United Kingdom. View it at the official register.

Is FIRST GEAR PROPERTIES LTD still active?

Yes. FIRST GEAR PROPERTIES LTD is registered as active (status: Active).

Has FIRST GEAR PROPERTIES LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for FIRST GEAR PROPERTIES LTD in the official data.

How likely is FIRST GEAR PROPERTIES LTD to become insolvent?

Our model estimates a 0.00 % probability that FIRST GEAR PROPERTIES LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was FIRST GEAR PROPERTIES LTD founded?

FIRST GEAR PROPERTIES LTD was incorporated on 23 Apr 2018.

Where is FIRST GEAR PROPERTIES LTD registered?

FIRST GEAR PROPERTIES LTD's registered address is in RM11 1JD HORNCHURCH (Romford), United Kingdom.

What do the latest accounts of FIRST GEAR PROPERTIES LTD show?

The latest published accounts (period ending 31 Mar 2025) show equity of £28k, total assets of £306k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.