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Multichoice Services Limited

05230681

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

CAPITAL OFFICE, LONDON, EC1V 2NX
Incorporated 14/09/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
82990
Other business support service activities

Officers

Mr Afolahan Akanni Ogunkola

secretary · Since 01/10/2008

DIRECTOR/COMPANY SECRETARY

NIGERIAN · UNITED KINGDOM · Age 62

Also on 4 other boards

Mr Afolahan Akanni Ogunkola

director · Since 01/10/2008

COMPANY DIRECTOR

NIGERIAN · ENGLAND · Age 62

Also on 4 other boards

Persons with Significant Control

Mr Afolahan Akanni Ogunkola

75–100% shares
75–100% votes
Appoint directors

Nigerien · England · Age 62

Capital Office, 124 City Road, London, EC1V 2NX

Notified 20/12/2023

Former PSCs

Mr Afolahan Akanni Ogunkola

Ceased 01/06/2023

Mr Freddy Clifton Weels

Ceased 20/12/2023

CompanyRankvs 7113+ SIC 70229 peers
80

Financial strength76th percentile among SIC peers · 19/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 68.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£59k

Current Liabilities

£873

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£63k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202468.02-£881
2023110.89+£1k
2022141.92+£26k
2021101.32-£2k
202052.09
20190.04

Derived from filed accounts. Not audited figures.