WORLD FIRST SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-28 (in 3mo)
Last made up 2025-08-14
Watchouts
None on the register
Cash
£5M
+24.8% vs 2023
Net assets
-£56M
+2.5% vs 2023
Employees
90
-10.9% vs 2023
Profit before tax
£1M
-26.6% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £22,139,000 | £21,928,000 | |
| Operating profit | £1,742,000 | £1,279,000 | |
| Profit before tax | £1,742,000 | £1,279,000 | |
| Net profit | £3,266,000 | £427,000 | |
| Cash | £4,266,000 | £5,326,000 | |
| Total assets less current liabilities | -£57,493,000 | -£56,067,000 | |
| Net assets | -£57,493,000 | -£56,067,000 | |
| Equity | -£57,493,000 | -£56,067,000 | |
| Average employees | 101 | 90 | |
| Wages | £10,892,000 | £10,685,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.9% | 5.8% | |
| Net margin | 14.8% | 1.9% | |
| Return on capital employed | -3.0% | -2.3% | |
| Gearing (liabilities / total assets) | 429.7% | 517.9% | |
| Current ratio | 6.53x | 4.06x |
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.
Audit & accounting basis
- Accounting basis
- UK Adopted International Accounting Standards
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue operations for the foreseeable future. Ant International have indicated, by way of a letter of support to the Directors, their ongoing unconditional support for at least 12 months from the date of authorisation of these financial statements. This includes the provision of funding, technology and human resources.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAO, Ying | Director | 2025-02-28 | Jan 1983 | Chinese |
| SHEN, Min | Director | 2022-09-08 | Aug 1985 | Chinese |
| XU, Xian | Director | 2023-12-18 | Dec 1980 | Chinese |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Darren James | Director | 2020-07-30 | 2022-03-22 |
| FILSHIE, Alexander | Director | 2016-06-29 | 2017-06-23 |
| GREGSON, Stephen David | Director | 2022-03-22 | 2022-06-20 |
| LIN, Richard Chih-Chiu | Director | 2021-01-15 | 2023-12-18 |
| PARKER, Jeffrey Thomas Alan | Director | 2020-06-03 | 2022-09-08 |
| QUIN, Jonathan Roger Aitken | Director | 2020-01-16 | 2020-06-04 |
| RICHARDSON, Camilla Jane | Director | 2017-11-06 | 2018-01-24 |
| RUDMAN, Timothy | Director | 2016-06-29 | 2020-01-17 |
| SUEN, Hoi Lee | Director | 2020-07-30 | 2021-01-15 |
| TREMBLE, Kerry | Director | 2018-02-09 | 2020-01-17 |
| XIAO, Jun, Mr. | Director | 2023-03-31 | 2025-02-28 |
| ZHU, Wenju | Director | 2022-06-20 | 2023-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Yun Jack Ma | Individual | Significant influence | 2020-07-31 | Ceased 2023-12-28 |
| World First Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-29 | Ceased 2020-07-31 |
Filing timeline
Last 20 of 58 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-26 | CH01 | officers | Change person director company with change date | |
| 2025-08-26 | CH01 | officers | Change person director company with change date | |
| 2025-07-18 | AA | accounts | Accounts with accounts type full | |
| 2025-06-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-09 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-05-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-03-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-19 | AA | accounts | Accounts with accounts type full | |
| 2024-08-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-27 | AD03 | address | Move registers to sail company with new address | |
| 2023-09-27 | AD02 | address | Change sail address company with new address | |
| 2023-09-21 | AA | accounts | Accounts with accounts type full | |
| 2023-09-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-22 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-1%
£22,139,000 £21,928,000
-
Cash
+24.8%
£4,266,000 £5,326,000
-
Net assets
+2.5%
-£57,493,000 -£56,067,000
-
Employees
-10.9%
101 90
-
Operating profit
-26.6%
£1,742,000 £1,279,000
-
Profit before tax
-26.6%
£1,742,000 £1,279,000
-
Wages
-1.9%
£10,892,000 £10,685,000
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