# First Developments Limited

## Details

- **Company number:** [05121902](https://find-and-update.company-information.service.gov.uk/company/05121902)
- **Status:** Active
- **Type:** Private Limited Company
- **Incorporated:** 7 May 2004
- **Registered office:** 90 OLDHILL STREET, LONDON, N16 6NA
- **Nature of business:** [47250](/sic/47250) Retail sale of beverages in specialised stores
- **Corporate group:** [Firdev Holdings Limited](/group/50803) (2 companies)



## Officers

| Name | Role | Appointed | Resigned |
|---|---|---|---|
| QA REGISTRARS LIMITED | corporate-nominee-secretary | 7 May 2004 | 14 May 2004 |
| QA NOMINEES LIMITED | corporate-nominee-director | 7 May 2004 | 14 May 2004 |
| STERN, Beatty | secretary | 14 May 2004 | 15 Aug 2005 |
| STERN, Beatty | director | 14 May 2004 | 15 Aug 2005 |
| STERN, Joseph | director | 14 May 2004 | 15 May 2006 |
| STERN, Benjamin | director | 14 May 2004 | 16 Sep 2012 |
| STERN, Rachel | secretary | 15 Aug 2005 | 3 Jul 2013 |
| HERZOG, Morris | director | 1 Jun 2009 |  |
| MARGULIES, David | director | 1 Jul 2006 |  |



## Control

| Name | Nature of control | Notified | Ceased |
|---|---|---|---|
| Mr Morris Herzog | ownership-of-shares-25-to-50-percent, voting-rights-25-to-50-percent | 6 Apr 2016 | 7 Oct 2020 |
| Mr Soloman Margulies | ownership-of-shares-25-to-50-percent, voting-rights-25-to-50-percent | 6 Apr 2016 | 7 Oct 2020 |
| Firdev Holdings Limited | ownership-of-shares-75-to-100-percent, voting-rights-75-to-100-percent, right-to-appoint-and-remove-directors | 7 Oct 2020 |  |



## Accounts

| Year ended | Turnover | Net assets | Cash | Employees |
|---|---|---|---|---|
| 31 May 2025 | £17,763,950 | £5,379,236 | £534,189 | 44 |
| 31 May 2024 | £15,900,558 | £5,246,070 | £776,981 | 40 |
| 31 May 2023 | - | £4,976,172 | £36,663 | 35 |
| 31 May 2022 | - | £3,806,963 | £1,282,959 | 28 |
| 31 May 2021 | - | £2,040,869 | £992,021 | 27 |
| 31 May 2020 | - | £1,171,026 | £889,340 | 31 |
| 31 May 2019 | - | £617,052 | £168,777 | 28 |
| 31 May 2018 | - | £597,197 | £193,940 | 23 |
| 31 May 2017 | - | £531,107 | £183,621 | 23 |
| 31 May 2016 | - | £432,334 | £66,904 | - |
| 31 May 2015 | - | £354,789 | £1,087 | - |
| 31 May 2014 | - | £216,359 | £191,126 | - |
| 31 May 2013 | - | £125,577 | £81,051 | - |
| 31 May 2012 | - | £101,888 | £263 | - |



## Owned by

First Developments Limited → [Firdev Holdings Limited](/company/12776047)




## Directors' other companies

- [HERZOG, Morris](/person/7253565) - director at [Watertech Ltd](/company/04852960)
- [HERZOG, Morris](/person/7253565) - director at [Kedem Foods Limited](/company/06999007)