Firstseed Ltd

Firstseed Ltd from Ashton Under Lyne UK is a small company with an active status, founded five years ago. It employs just one person and holds £21,579 in assets, operating from a virtual address. The company is led by two directors and owned by two individuals. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company’s website, FirstSeed Inc, showcases a range of services, including a calendar for event management and a task management system. It also features a blog and offers translations into Japanese and German. The site suggests a focus on productivity tools and project management, alongside a broader e-commerce presence. It seems they are selling products, but the site is a little confusing.

Financially, Firstseed Ltd appears to be facing some challenges. Current assets have plummeted 54%, dropping to £22,000, and net assets have also taken a significant hit, falling 63% to £11,000. Cash reserves have also decreased considerably, down 46% to £22,000. While creditors have reduced by 38%, and debtors have disappeared entirely, the overall trend points toward a company struggling to maintain its financial footing. Bank borrowings have also declined, but the sharp drop in equity is concerning. The company is audited, and the accounts are abridged. It's a small company, so it’s exempt from a lot of reporting.

Registered in England/Wales under the registration number 11955800, with a registered address at OL6 7FW, England, Ashton Under Lyne, Lancashire, Suite 204 Ashton Old Baths, Stamford Street West.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.