Back to search

First Choice (Gb) Ltd

04049974

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

122 HIGH STREET, LONDON, E17 7JS
Incorporated 09/08/2000

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 02/07/2026

Due 16/07/2027

On track

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Sal Patel

director · Since 01/01/2004

CO DIRECTOR

BRITISH · ENGLAND · Age 61

Usman Masal

secretary · Since 01/09/2006

BRITISH · Age 51

Persons with Significant Control

Mr Sal Patel

75–100% shares

British · England · Age 61

122 High Street, London, E17 7JS

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HABIB BANK AG ZURICH

Created 01/03/2007Registered 10/03/2007

CompanyRankvs 5789+ SIC 47710 peers
44

Financial strength8th percentile among SIC peers · 2/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£105

Working capital

Current Assets

£35k

Current Liabilities

£35k

2avg. employees

Balance Sheet

Assets less current liabilities£105
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00-£15k
20241.74+£5k
20231.31

Derived from filed accounts. Not audited figures.