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Choice Forex Limited

05680687

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

C/O PKF LITTLEJOHN 15 WESTFERRY CIRCUS, LONDON, E14 4HD
Incorporated 19/01/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Nicholas Ian Bridges

director · Since 17/04/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 3 other boards

Persons with Significant Control

Choice Financial Limited

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

34, Curzon Street, London, W1J 7TS

Reg: 08535558 · The Registrar Of Companies (Companies House) · Limited By Shares

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 29/11/2012Registered 01/12/2012Satisfied 10/07/2024

CompanyRankvs 6254+ SIC 64999 peers
70

Financial strength87th percentile among SIC peers · 22/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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6254Choice Forex Limited
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How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 30/06/2024

Net Worth

£297k

Balance sheet strength

Cash

£5.4M

Cash in the bank

Net Current Assets

-£761k

Working capital

Current Assets

£30.5M

Current Liabilities

£31.2M

Fixed Assets

£1.1M

Debtors

£25.0M

3avg. employees

Balance Sheet

Intangible assets£233k
Assets less current liabilities£297k
Signed by 2023-07-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98-£247k
20231.03—

Derived from filed accounts. Not audited figures.