1st Choice Trades Limited
05909131
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/08/2006
ELECTRICIAN
BRITISH · ENGLAND · Age 44
Also on 1 other board
Persons with Significant Control
Mr Stewart Fletcher
British · England · Age 44
77 Otley Road, Otley Road, Bradford, BD3 0EY
Notified 16/08/2016
Charges2 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
CompanyRankvs 16493+ SIC 41202 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2024
Turnover
£116k
Annual revenue
Net Worth
£74k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£78k
Current Liabilities
£81k
Fixed Assets
£198k
Profit After Tax
-£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.96 | +£16k |
| 2023 | 1.71 | +£9k |
| 2022 | 2.36 | +£29k |
| 2021 | 1.17 | +£1k |
| 2020 | 1.22 | -£18k |
| 2019 | 1.36 | -£8k |
| 2018 | 1.42 | — |
Derived from filed accounts. Not audited figures.