Hey Yessir, I think the colour scheme is particularly nice, there is just something about bone and red which is so appealing! For the First company I would certainly lean towards the second image as it is a reverse of the chapters current colour scheme (which I am sure was your intention) and would not only tie the army together, but also make them distinct from the Black Templars (which the black paint scheme wouldn't do). In terms of gaming do you use the rules for Black Templars or the standard SM Codex? Great work so far, keep it up!
The theory of Time merely satisfies man’s need to view everything as having a beginning and an end. To admit this, is the first step in realising that time itself does not exist.