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Premium Choice Limited

03845329

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

Pendeford House, Pendeford Business Park, Overstrand, WV9 5AP
Incorporated 21/09/1999

Compliance

Last accounts

31/12/2025

medium

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 10/08/2026

Due 24/08/2027

On track

Industry

65120
Non-life insurance
66220
Activities of insurance agents and brokers

Officers

Mr Richard Michael John Dornan

director · Since 21/09/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 5 other boards

Mr Mark Woods

director · Since 21/09/1999

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 6 other boards

Richard Michael John Dornan

director · Since 21/09/1999

British · United Kingdom · Age 62

Mark Woods

director · Since 21/09/1999

British · England · Age 58

Former

Company Directors Limited

corporate nominee director · Resigned 21/09/1999

Temple Secretaries Limited

corporate nominee secretary · Resigned 21/09/1999

Mark Woods

secretary · Resigned 23/05/2007

Neil Dennis Beckingham

secretary · Resigned 30/04/2008

Neil Dennis Beckingham

director · Resigned 30/04/2008

Stephen Ware

secretary · Resigned 07/07/2010

Nicolas George Poole

director · Resigned 07/12/2011

Brandon Swim

director · Resigned 07/12/2011

Janet Turner

secretary · Resigned 15/11/2013

Janet Turner

director · Resigned 15/11/2013

Persons with Significant Control

Mers Ins Limited

ownership-of-shares-75-to-100-percent-as-firm

Pendeford House, Pendeford Business Park, Wolverhampton, WV9 5AP

Reg: 07349131 · Companies House · Private Limited Company

Notified 01/07/2016

Change History

statusactive
2026-08-17

Active

typeltd
2026-08-17

Private Limited Company

address line1Pendeford House
2026-08-17

PENDEFORD HOUSE

post townOverstrand
2026-08-17

OVERSTRAND

officer appointedDORNAN, Richard Michael John
2026-08-17
officer appointedWOODS, Mark
2026-08-17

CompanyRankvs 143+ SIC 65120 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.5× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2025

Turnover

£8.5M

Annual revenue

Net Worth

£4.4M

Balance sheet strength

Cash

£522k

Cash in the bank

Profit Before Tax

£108k

Bottom line earnings

Net Current Assets

£2.9M

Working capital

Current Assets

£8.6M

Current Liabilities

£5.8M

Fixed Assets

£1.5M

Debtors

£8.1M

Admin Expenses

£8.4M

Operating Profit

£98k

Profit After Tax

£49k

72avg. employees-12

Tax at Year End

Corp tax£58k

People Costs

Wages & salaries£2.3M
NI contributions£244k

Balance Sheet

Intangible assets£1.4M
Assets less current liabilities£4.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.50+£49k
20241.63+£1k
20231.74

Derived from filed accounts. Not audited figures.