The Firmwatch take
First In Healthcare Limited (SC623001) currently shows: At risk signal detected, based on accounts to 28 February 2023; last refreshed 24 May 2026. Net liabilities of £11k — assets do not cover obligations.
Companies House source·Accounts to 28 Feb 2023·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
1 March 2019
7 years on the register
Sector
Other education n.e.c.
SIC 85590
Size
Not classified
Net assets
−£11k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Critical insolvency risk
The public financial signals are severe. Review filings, events and director links before making a decision involving this company.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£11k
Bottom 10% in sector · sector median £100 · 325 filers in this sector
Cash
Not disclosed
Working cap.
−£6k
Median £755
Current ratio
-0.5×
Median 0.9×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Old public accounts
The latest extracted accounts period is more than 18 months old.
Sector benchmark · Education and Training
How this company compares in 325 filers in this sector
Bottom 10% in sector — First In Healthcare Limited shows −£11k in net assets. Sector median is £100.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Address pattern · ML3 0FT
79 other UK companies registered at this postcode.
Active
61
Dissolved
2
Strike-off action
16
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.