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1ST RATE PRODUCTS (MIDLANDS) LTD
Company no. 05303863 · Private Limited Company1ST RATE PRODUCTS (MIDLANDS) LTD is an active 21-year-old company. Worth a closer look: negative net assets. On the plus side, accounts filed and up to date.
Automated signals from Companies House filings and this company’s own filed accounts — a prompt for a closer look, not a credit score or a verdict. Verivello is not a credit reference agency.
Net assets over time
Net assets (assets minus liabilities) across every filed year, from this company’s iXBRL accounts at Companies House. A steadily rising line is a sign of a strengthening balance sheet; a fall or a dip below zero is worth understanding before you rely on it.
Filed accounts — year to 31 Dec 2025
| Figure | Amount | vs 2024 |
|---|---|---|
| Current assets | £349 | ▼ -94% |
| Creditors | £2,184 | ▼ -62% |
| Net current assets | −£1,835 | ▼ -2908% |
| Total assets less current liabilities | −£1,835 | ▼ -672% |
| Net assets | −£2,385 | ▼ -843% |
Figures taken directly from the accounts 1ST RATE PRODUCTS (MIDLANDS) LTD filed at Companies House for the financial year ending 31 Dec 2025, read from the machine-readable (iXBRL) tags in the filing itself. Smaller companies may file abridged accounts, so not every figure above will be present for every business. Always check the full filing before relying on these numbers.
Directors & officers
Ownership & control (PSC)
Filing position at Companies House. A company keeping accounts and its confirmation statement up to date is a basic sign of good order; anything overdue is worth a question.
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The whole picture — overview, directors, ownership, charges, multi-year financials and a risk summary — as a dated, shareable PDF you can attach to a file note.
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Data from Companies House (official public register), presented by Verivello for information only — not a credit reference or financial advice. Always verify against the official source. Status & registered office checked live from Companies House · 9 Sep 2026, 17:22 UK.