FIRST LINE LIMITED — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-31 (in 10mo)

Last made up 2026-03-17

Watchouts

1 item

Cash

£529K

-18.2% vs 2023

Net assets

£12M

+1.2% highest in 4 filed years

Employees

140

-2.1% lowest in 4 filed years

Profit before tax

£47K

+137.2% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

2 PSCs ceased in last 24 months

Significant control changed hands — see the Ownership section.

Net assets

6-year trend · vs Consumer Discretionary median

FIRST LINE LIMITED·Consumer Discretionary median · n=21268

Accounts

6-year trend · latest reflected 2024-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Turnover	—	—	—	—	£38,443,645	£38,949,900
Operating profit	—	—	—	—	£874,118	£954,611
Profit before tax	—	—	—	—	-£127,713	£47,495
Net profit	£773,024	£100,742	—	—	-£186,555	£106,132
Cash	£174,258	£217,787	—	—	£646,347	£528,801
Total assets less current liabilities	£12,201,885	£16,121,354	—	—	£13,863,451	£13,967,659
Net assets	£11,636,076	£11,736,818	—	—	£12,196,857	£12,338,031
Equity	—	—	£10,898,660	£11,264,406	£12,196,857	£12,338,031
Average employees	153	147	—	—	143	140
Wages	£5,293,604	£4,446,442	—	—	£4,319,648	£5,383,845
Directors' remuneration	—	—	—	—	£640,092	£697,540

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

+1.3%

£38,443,645 £38,949,900
Cash

-18.2%

£646,347 £528,801
Net assets

+1.2%

£12,196,857 £12,338,031

highest in 4 filed years
Employees

-2.1%

143 140

lowest in 4 filed years
Operating profit

+9.2%

£874,118 £954,611
Profit before tax

+137.2%

-£127,713 £47,495
Wages

+24.6%

£4,319,648 £5,383,845

highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Operating margin	—	—	—	—	2.3%	2.5%
Net margin	—	—	—	—	-0.5%	0.3%
Return on capital employed	—	—	—	—	6.3%	6.8%
Gearing (liabilities / total assets)	—	—	—	—	66.7%	67.3%
Current ratio	—	—	—	—	1.41x	1.37x
Interest cover	—	—	—	—	0.95x	1.05x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

FIRST LINE LIMITED 2000-12-22 → present
GW 332 LIMITED 2000-04-13 → 2000-12-22

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Consolidated group
Auditor: Ellacotts Audit Services Limited
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

FIRST LINE LIMITED · parent
1. Borg & Beck GmbH 100% · Germany
2. B.B. Distribucion GAVA S.L. 100% · Spain
3. Borg & Beck Automotive Trading LLC 100% · UAE

Significant events

“During the year, HMRC have raised an enquiry on a previously submitted corporation tax return. This enquiry is still ongoing at the date of signing the accounts and the directors believe it will be successfully answered.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 9 resigned

Name	Role	Appointed	Born	Nationality
SCHOFIELD, Keith	Secretary	2008-02-25	—	British
JOYNER, Daniel Charles	Director	2008-05-13	Jun 1974	British
JOYNER, Joanne Mary	Director	2014-08-29	May 1977	British
JOYNER, Peter Gordon	Director	2000-12-20	Jan 1947	British
MADDEN, John Roger	Director	2000-12-18	Aug 1949	British
SCHOFIELD, Keith	Director	2008-05-13	Feb 1960	British

Show 9 resigned officers

Name	Role	Appointed	Resigned
MCCORMICK, Stephen Patrick	Secretary	2000-12-20	2008-01-28
GW SECRETARIES LIMITED	Corporate Secretary	2000-04-13	2000-12-20
KNIGHT, Robert William	Director	2000-12-20	2003-05-31
MCCORMICK, Stephen Patrick	Director	2000-12-20	2008-01-28
SIMPSON, Andrew Terence	Director	2000-12-20	2001-08-31
SUFFOLK, Steve Mark	Director	2008-05-13	2009-02-10
TALBOT RICE, Nicholas Charles	Director	2000-12-21	2005-02-16
WOOD, Alan Frederick	Director	2000-12-20	2015-04-30
GW INCORPORATIONS LIMITED	Corporate Director	2000-04-13	2000-12-20

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Mr Peter Gordon Joyner	Individual	Shares 25–50%, Voting 25–50%, Appoints directors	2016-04-06	Ceased 2024-09-03
John Roger Madden	Individual	Shares 25–50%, Voting 25–50%, Appoints directors	2016-04-06	Ceased 2024-09-03
John Roger Madden	Individual	Shares 25–50%, Voting 25–50%, Appoints directors	2016-04-06	Active

Filing timeline

Last 20 of 136 total filings

Date	Type	Category	Description
2026-03-26	CS01	confirmation-statement	Confirmation statement with updates	PDF
2025-09-29	AA	accounts	Accounts with accounts type group	PDF
2025-03-24	CS01	confirmation-statement	Confirmation statement with updates	PDF
2025-03-12	PSC01	persons-with-significant-control	Notification of a person with significant control	PDF
2025-03-11	PSC09	persons-with-significant-control	Withdrawal of a person with significant control statement	PDF
2024-12-23	PSC08	persons-with-significant-control	Notification of a person with significant control statement	PDF
2024-12-20	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2024-12-20	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2024-09-30	AA	accounts	Accounts with accounts type group	PDF
2024-09-18	SH08	capital	Capital name of class of shares
2024-03-19	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-09-28	AA	accounts	Accounts with accounts type group	PDF
2023-03-20	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-09-29	AA	accounts	Accounts with accounts type group	PDF
2022-03-29	CH01	officers	Change person director company with change date	PDF
2022-03-28	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-03-28	CH01	officers	Change person director company with change date	PDF
2021-09-29	AA	accounts	Accounts with accounts type group	PDF
2021-03-18	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2020-12-23	AA	accounts	Accounts with accounts type group	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 1
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page