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Best Choice Accountancy Ltd

06644882

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

OFFICE 302, REGUS, BROMLEY, BR1 1LU
Incorporated 14/07/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Shahzad Fayyaz

director · Since 15/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 8 other boards

Persons with Significant Control

Mr Shahzad Fayyaz

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

British · England · Age 41

15, Athelstan Way, Orpington, BR5 2QX

Notified 01/05/2022

Former PSCs

Mr Giuseppe Colombi

Ceased 02/09/2021

Easy Tax Group Limited

Ceased 30/04/2022

CompanyRankvs 7381+ SIC 69201 peers
71

Financial strength60th percentile among SIC peers · 15/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.26× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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7381Best Choice Accountancy Ltd
71
How is this score calculated?
Financial strength15/25 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.

Liquidity12/20 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 31/08/2024

Net Worth

£10k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£70k

Current Liabilities

£55k

Fixed Assets

£4k

6avg. employees+2

Balance Sheet

Assets less current liabilities£18k
Signed by Mr Shahzad Fayyaz 15/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.26+£36k
20230.73-£14k
20220.95-£26k
20212.31+£9k
20201.17—
20190.97—
20181.06—

Derived from filed accounts. Not audited figures.