Company Overview
First Chapter Company Limited - The is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 01 November 1991, so this is a well established company. First Chapter Company Limited - The has been in business for 34 years and 5 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Red Lodge, 28 Old Galgorm Road, Ballymena, Co Antrim, BT42 1AL
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Companies House Data
Company NameFIRST CHAPTER COMPANY LIMITED - THE
Company NumberNI026051
Registered Office AddressRed Lodge
 28 Old Galgorm Road
 BT42 1AL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date01/11/1991
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date29/11/2016
Returns Last Made Up Date01/11/2015
Directors & Members
Show Resigned
Norman Cahoon - Director
(British, 80 years old, born February 1946)
Appointed 01 November 1991
 Active
Andrew Patton - Director
(British, 64 years old, born July 1962)
Appointed 11 November 2015
 Active
Secretaries
Show Resigned
Norman Cahoon - Secretary
(British)
Appointed 31 March 2006
 Active
Other Company Directorships
Norman Cahoon
BRIDGE PARK DEVELOPMENTS LIMITED
KILLYCROT ESTATES LIMITED
MILLCHURCH PROPERTIES LIMITED
Andrew Patton
BRIDGE PARK DEVELOPMENTS LIMITED
DAPOK LIMITED
DAVID PATTON & SONS (HORSHAM) LIMITED
DAVID PATTON & SONS (NI) LIMITED
DAVID PATTON & SONS (NORTHERN IRELAND)
EIGHTEEN LIONS PROPERTIES
FIFTEEN LIONS PROPERTIES
GALGORM CASTLE HOLDINGS LIMITED
JAMES F MCCUE LIMITED
PATTON GROUP LIMITED
PEPPIATT CONTRACTS LIMITED
SEVENTEEN LIONS PROPERTIES
TWELVE LIONS PROPERTIES
WILPLAS UPVC LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 3,674,744 3,674,744 3,683,810
Current Assets 72,890 72,890 42,711
Creditors Due Within One Year 216,483 216,483 404,841
Working Cap -143,593 -143,593 -362,130
Total Assets Less Current Liabilities 3,531,151 3,531,151 3,321,680
Long-term Liabilities - - -
Net Assets - - -
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds - - -
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 98.1% 98.1% 98.9%
Stocks Inventory - - -
Debtors 0.7% 0.7% 0.7%
Cash Bank In Hand 1.3% 1.3% 0.5%
Current Assets 1.9% 1.9% 1.1%
Creditors Due Within One Year 5.8% 5.8% 10.9%
Net Current Assets Liabilities -3.8% -3.8% -9.7%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds - - -
Capital Employed - - -
Total Assets Less Current Liabilities 94.2% 94.2% 89.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Liquidity Ratio 0.3 0.3 0.1
Solvency Ratio - - -
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 10
Mortgages Outstanding 9
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Assets 3,747,634 3,747,634 3,726,521
Debt - - -
Net Assets/Debt - - -

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around BT42 1AL
KILLYCROT ESTATES LIMITED
Red Lodge 28 Old Galgorm Road, Ballymena, Antrim, BT42 1AL
MILLCHURCH PROPERTIES LIMITED
RED LODGE, 28 OLD GALGORM ROAD, BALLYMENA, BT42 1AL
SPB BELFAST LTD
25 OLD GALGORM ROAD, BALLYMENA, BT42 1AL
DE - SKILL BUSINESS SOLUTIONS LTD
16 OLD GALGORM ROAD, BALLYMENA, BT42 1AL
CULTRA ESTATES LIMITED
HILL VELLACOTT, 22 GREAT VICTORIA STREET, BELFAST, BT42 1AL
S J M SUPERMARKETS LIMITED
25 OLD GALGORM ROAD, BALLYMENA, CO. ANTRIM, BT42 1AL
Document Filings
Confirmation statement made on 1 November 2025 with updates
Notification of Killycrot Estates Limited as a person with significant control on 31 March 2025
Cessation of Neil Patton as a person with significant control on 31 March 2025
Confirmation statement made on 1 November 2024 with updates
Statement of capital following an allotment of shares on 3 July 2024
Resolutions
Confirmation statement made on 1 November 2023 with no updates
Confirmation statement made on 1 November 2022 with no updates
Confirmation statement made on 1 November 2021 with no updates
Confirmation statement made on 1 November 2020 with no updates
Confirmation statement made on 1 November 2019 with updates
Notification of Neil Patton as a person with significant control on 1 July 2019
Confirmation statement made on 1 November 2018 with no updates
Cessation of David Martin Patton as a person with significant control on 21 January 2018
Termination of appointment of David Martin Patton as a director on 21 January 2018
Confirmation statement made on 1 November 2017 with no updates
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