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First Choice Mortgages (Sussex) Limited

04990251

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

25 HAVELOCK ROAD, HASTINGS, TN34 1BP
Incorporated 09/12/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Andrew John Barrett

secretary · Since 09/12/2003

BRITISH · ENGLAND · Age 56

Also on 9 other boards

Mr Andrew John Barrett

director · Since 09/12/2003

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 9 other boards

Mr Matthew Rodger Todd

director · Since 31/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Persons with Significant Control

Mr Matthew Rodger Todd

25–50% shares
25–50% votes

British · England · Age 59

25, Havelock Road, Hastings, TN34 1BP

Notified 06/04/2016

Mr Andrew John Barrett

50–75% shares
50–75% votes

British · England · Age 56

25 Havelock Road, Hastings, TN34 1BP

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 31/08/2016Registered 01/09/2016
Charge
outstanding

BARCLAYS BANK PLC

Created 28/06/2016Registered 06/07/2016
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 04/04/2014Registered 07/04/2014Satisfied 20/08/2024

CompanyRankvs 6257+ SIC 64999 peers
56

Financial strength80th percentile among SIC peers · 20/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.05× · 2/20
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 strength20/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

£119k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£148k

Working capital

Current Assets

£9k

Current Liabilities

£156k

Fixed Assets

£374k

Debtors

£971

7avg. employees

Tax at Year End(2020)

Corp tax£2k

Balance Sheet

Assets less current liabilities£226k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05-£32k
20240.33+£128k
20230.44-£14k
20220.76+£7k
20210.83+£29k
20200.26
20190.34

Derived from filed accounts. Not audited figures.