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First Choice Plumbing Ltd

10315517

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

25 WOOTTON ROAD, WOLVERHAMPTON, WV3 8EG
Incorporated 05/08/2016

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/11/2025

Due 30/11/2026

On track

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Kulwant Singh Colin

director · Since 05/08/2016

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Kulwant Singh Colin

75–100% shares

British · England · Age 42

25, Wootton Road, Wolverhampton, WV3 8EG

Notified 05/08/2016

CompanyRankvs 3626+ SIC 43220 peers
77

Financial strength97th percentile among SIC peers · 24/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 31.64× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees8/15 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.

Longevity10/15 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 31/12/2024

Net Worth

£503k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£472k

Working capital

Current Assets

£488k

Current Liabilities

£15k

Fixed Assets

£32k

2avg. employees

Tax at Year End(2022)

Corp tax£17k

Balance Sheet

Assets less current liabilities£504k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
202431.64+£18k
20239.44+£60k
20226.59+£70k
20214.43+£125k
20203.81+£76k
20192.36+£77k
20181.89

Derived from filed accounts. Not audited figures.