First Tech Limited
Registered name: FIRST TECH LIMITED
First Tech Limited made a £404k loss in the year to 30 Apr 2025 (revenue not disclosed).
First Tech Limited reported a loss of £404k in the year to 30 Apr 2025; its revenue was not disclosed. It had 0 employees. The company is classified under “activities of head offices” and is based in Aberdeen; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Aberdeen, Scotland
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit after tax | −£532k | −£404k |
| Profit (best available) | −£532k | −£404k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | — | — |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £71.1k | £1.1m |
| Net assets | £10.3m | £9.9m |
| Fixed assets | £4.8m | £4.8m |
| Current assets | £7.1m | £11.3m |
| Debtors | £25 | £0 |
| Deferred income | £236k | £127k |
| Source | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- —
- 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
- —
- 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.
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
- ▼4%
- Now £9.9m
- Cash at bank
- ▲1427%
- Now £1.1m
- Headcount
- —
- Now 0
- Deferred income
- ▼46%
- Now £127k
- Fixed assets
- ▼0%
- Now £4.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (6)
- First Subsea LimitedRev. £25.2m · Profit £2.8m
- First Marine Solutions LimitedRev. £21.6m · Profit £798k
- First Construction LimitedFigures not disclosed
- First Hydrocarbons LimitedFigures not disclosed
- First Time LimitedFigures not disclosed
- Parklea Holdings LimitedRev. — · Profit £221k
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£404k), from the Companies House accounts bulk data published Jan 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.