First Choice Drainage Solutions Limited
10098373
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/03/2020
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 1 other board
Persons with Significant Control
Mr Sean Patrick Bennett
British · England · Age 40
15, Rye Hill Road, Harlow, CM18 7JE
Notified 06/04/2016
Former PSCs
Mr James William Ward
Ceased 16/10/2023
Charges2 outstanding
MARKETFINANCE LIMITED
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 3632+ SIC 43220 peers66
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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 31/03/2025
Net Worth
£422k
Balance sheet strength
Cash
£275k
Cash in the bank
Net Current Assets
£226k
Working capital
Current Assets
£1.0M
Current Liabilities
£778k
Fixed Assets
£726k
Debtors
£675k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.29 | +£73k |
| 2024 | 1.32 | +£69k |
| 2023 | 1.26 | — |
Derived from filed accounts. Not audited figures.