Choice Electrical Ltd
06136755
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
unaudited abridged
Next accounts due
31/12/2026
Confirmation statement
Last: 05/03/2026
Due 19/03/2027
Industry
Officers
Persons with Significant Control
Mr Simon Almond
British · England · Age 54
56 Rydal Road Whitecroft, Heaton, Bolton, BL1 5LJ
Notified 01/07/2016
Former PSCs
Mr Mark Medlicott
Ceased 19/11/2018
CompanyRankvs 2412+ SIC 43210 peers81
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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.
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
£334k
Balance sheet strength
Cash
£123k
Cash in the bank
Net Current Assets
£144k
Working capital
Current Assets
£1.1M
Current Liabilities
£934k
Fixed Assets
£246k
Debtors
£936k
Tax at Year End(2022)
Director Loans(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.15 | +£164k |
| 2024 | 1.12 | +£44k |
| 2023 | 1.19 | +£130k |
| 2022 | 0.97 | +£11k |
| 2021 | 1.03 | -£47k |
| 2020 | 1.06 | -£14k |
| 2019 | 0.84 | — |
Derived from filed accounts. Not audited figures.