How much does First Step Accounting Ltd make?

First Step Accounting Ltd reported revenue of £9.2k and a loss of £6.6k in the year to 31 Jan 2026, according to its accounts filed at Companies House.

How many employees does First Step Accounting Ltd have?

First Step Accounting Ltd reported an average of 0 employees in the year to 31 Jan 2026.

Is First Step Accounting Ltd profitable?

No — First Step Accounting Ltd reported a loss of £6.6k in the year to 31 Jan 2026.

Company No. 12413902 · Incorporated 20 Jan 2020

First Step Accounting Ltd

Registered name: FIRST STEP ACCOUNTING LTD

First Step Accounting Ltd made £9.2k revenue and a £6.6k loss in the year to 31 Jan 2026.

First Step Accounting Ltd’s revenue fell 23% to £9.2k in the year to 31 Jan 2026, with a loss of £6.6k and 0 employees. The company is classified under “accounting and auditing activities” and is based in London; we hold 5 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69201Accounting and auditing activities SIC 69202Bookkeeping activities

Status: Active
Location: London, London
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Jan 2026

Key figures

IndependentSmall teamCapital-light

Revenue

£9.2k

Growth ▼23.2%

Profit

−£6.6k

Growth —

Profit margin

−71.2%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025	31 Jan 2026
Disclosure	No P&L	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£19.4k	£12k	£9.2k
Profit after tax	—	—	−£17.7k	−£10.7k	−£6.6k
Profit (best available)	—	—	−£17.7k	−£10.7k	−£6.6k
Staff costs	—	—	−£32.1k	−£19.1k	−£14.7k
Employees (average)	0	0	0	0	0
Ratios
Profit margin	—	—	−91.3%	−89.3%	−71.2%
Growth (year on year)
Revenue growth	—	—	—	▼38.1%	▼23.2%
Balance sheet — indirect signals, not revenue
Net assets	—	£758	−£17k	−£27.7k	−£34.3k
Fixed assets	—	—	—	−£1k	−£1k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	Full Accounts · bulk data Oct 2024	Full Accounts · bulk data Aug 2025	Full Accounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: −71.2%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: −10.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£34.3k
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now −£1k

Sources

Companies House profile Filing history & original accounts

Latest figures from Full Accounts for the year to 31 Jan 2026 (profit −£6.6k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.