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First Choice Construction Limited

04540399

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

7 FOXGLOVE ROAD, SOUTH OCKENDON, RM15 6EU
Incorporated 19/09/2002

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 19/09/2025

Due 03/10/2026

On track

Industry

41202
Construction of domestic buildings

Officers

Mr Derek John Comper

director · Since 19/09/2002

MANAGER

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Mr Derek John Comper

75–100% shares

British · England · Age 67

1, Buller Road, Chelmsford, CM3 6FL

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/04/2019Registered 03/05/2019

CompanyRankvs 40693+ SIC 41202 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 30/09/2025

Turnover

£9k

Annual revenue

Net Worth

-£103k

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

-£5k

Bottom line earnings

Net Current Assets

-£92k

Working capital

Current Assets

£116k

Current Liabilities

£208k

Fixed Assets

£795

Debtors

£112k

Cost of Sales

£6k

Gross Profit

£3k

Admin Expenses

£5k

Operating Profit

-£5k

Profit After Tax

-£4k

2avg. employees

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities-£91k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56+£3k
20240.61-£48k
20230.71+£482
20220.81-£5k
20210.82

Derived from filed accounts. Not audited figures.