Choice Textile Limited
03848341
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/09/1999
TEXTILE RECYCLING (DIRECTOR)
BRITISH · ENGLAND · Age 67
Also on 2 other boards
Persons with Significant Control
Mr Aloysius Ihezie
British · England · Age 67
Heasleigh House, Southall, UB1 1SQ
Notified 27/09/2016
Charges2 outstanding
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 13327+ SIC 96090 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2025
Net Worth
£2.5M
Balance sheet strength
Cash
£71k
Cash in the bank
Net Current Assets
-£258k
Working capital
Current Assets
£1.0M
Current Liabilities
£1.3M
Fixed Assets
£3.0M
Debtors
£903k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.80 | +£8k |
| 2024 | 0.94 | +£69k |
| 2023 | 0.99 | -£98k |
| 2022 | 1.04 | +£44k |
| 2021 | 1.21 | +£236k |
| 2020 | 1.01 | -£23k |
| 2019 | 1.01 | +£3k |
| 2018 | 0.99 | — |
Derived from filed accounts. Not audited figures.