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Choice Accountancy Ltd

09186730

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

54-56 GREENFIELD ROAD, LONDON, E1 1EJ
Incorporated 22/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities

Officers

Mr Mohammad Yousuf Ali

director · Since 12/04/2023

DIRECTOR

BANGLADESHI · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Mohammad Yousuf Ali

Significant control

Bangladeshi · England · Age 49

54-56, Greenfield Road, London, E1 1EJ

Notified 26/04/2023

Former PSCs

Mr Mohammad Yousuf Ali

Ceased 04/02/2022

Mr Mohammad Harunur Rashid

Ceased 26/04/2023

CompanyRankvs 10004+ SIC 69201 peers
68

Financial strength49th percentile among SIC peers · 12/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 28.95× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees9/15 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.

Longevity12/15 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

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£19k

Current Liabilities

£666

Fixed Assets

£10k

2avg. employees-2

Balance Sheet

Assets less current liabilities£28k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202428.95+£526
2023114.59
202239.24
20215.91+£5k
202011.57-£6k
20192.32+£772
20184.62

Derived from filed accounts. Not audited figures.