Filing status
- Accounts due
- 24 February 2027
- Last accounts
- 31 May 2025
- Conf. stmt due
- 21 May 2027
- Last conf. stmt
- 7 May 2026
First Developments Limited
- Incorporated
- 7 May 2004 (22 years)
- Industry
- Retail sale of beverages in specialised stores (47250)
- Directors
- David Margulies
- Owned by
- Accounts type
- Medium
- Region
- Greater London
- Address
- 90 Oldhill StreetLondonN16 6NA
Charges
- Total
- 2
- Outstanding
- 2
- Part satisfied
- 0
- Satisfied
- 0
Officers 2 active
Officer details are public data from the Companies House register.
Director · Appointed 1 June 2009
British
Born February 1978 (48)
Margulies, David
Director · Appointed 1 July 2006
British
Born September 1985 (41)
Officer history (7 former)
3 July 2013
16 September 2012
1 June 2009
1 July 2006
Appointed Margulies, David as Director
15 May 2006
15 August 2005
15 August 2005
15 August 2005
14 May 2004
14 May 2004
14 May 2004
14 May 2004
14 May 2004
14 May 2004
7 May 2004
7 May 2004
Ownership 1 active
People and entities with significant control, from the Companies House PSC register
Corporate entity · Notified 7 October 2020
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Limited Company
Reg. no. 12776047
Former controllers (2)
7 October 2020
7 October 2020
Ceased Soloman Margulies — Owns 25–50% of shares
Group structure 3 companies
Ownership group derived from the Companies House PSC register
First Developments Limited This company Owns 75–100% of shares
Lion Wall 2 Ltd. Owns 75–100% of shares
Financials
Figures from 2024 accounts. Newer accounts, made up to 31 May 2025, are filed but not read yet. See them on Companies House
- Net Assets
- £5,246,070
- Cash
- £776,981
- Turnover
- £15,900,558
- Profit Before Tax
- £449,136
- Employees
- 44
- Debt Ratio
- 41%
- Current Ratio
- 2.3x
- Profit Margin
- 3%
- Return on Equity
- 5%
Trend
Net Assets
Balance sheet detail
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fixed Assets | £755,258 | £816,876 | £643,923 | £467,119 | £73,918 |
| Current Assets | £8,082,717 | £6,775,855 | £6,176,053 | £4,091,990 | £3,295,223 |
| Debtors | £1,205,385 | £1,078,716 | £895,490 | £1,039,469 | £760,723 |
| Cash | £776,981 | £36,663 | £1,282,959 | £992,021 | £889,340 |
| Creditors (< 1 year) | £3,450,743 | £2,501,629 | £2,892,624 | £2,490,278 | £2,187,982 |
| Net Current Assets | £4,631,974 | £4,274,226 | £3,283,429 | £1,601,712 | £1,107,241 |
| Net Assets | £5,246,070 | £4,976,172 | £3,806,963 | £2,040,869 | £1,171,026 |
| Shareholder Funds | £5,246,070 | £4,976,172 | £3,806,963 | £2,040,869 | £1,171,026 |
| Turnover | £15,900,558 | ||||
| Cost of Sales | £13,185,735 | ||||
| Gross Profit | £2,714,823 | ||||
| Admin Expenses | £2,229,837 | ||||
| Staff Costs | £912,382 | ||||
| Operating Profit | £497,739 | ||||
| Profit Before Tax | £449,136 | ||||
| Tax | £179,238 | ||||
| Profit for Period | £269,898 | ||||
Filings 93
| Date | Description | Made Up To | Pages | |
|---|---|---|---|---|
| 1 September 2026 | Accounts for a medium company | 31 May 2025 | ||
| 1 June 2026 | Confirmation statement with no updates | 7 May 2026 | ||
| 20 May 2026 | Previous accounting period shortened | |||
| 25 February 2026 | Previous accounting period shortened | |||
| 25 September 2025 | Registration of a charge |
Other companies in this industry
London
London
London
London
Great Dunmow
By trade and location
Explore the largest companies
Need accounts figures, ownership or websites for thousands of companies? Bulk data & API →