First Choice Builders Limited
10927976
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/08/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 1 other board
Persons with Significant Control
Mr Muhammad Parvez
British · United Kingdom · Age 47
274, St. Benedicts Road, Birmingham, B10 9NG
Notified 22/08/2017
Mr Saghir Ahmed
British · England · Age 57
274, St. Benedicts Road, Birmingham, B10 9NG
Notified 13/06/2023
Former PSCs
Mr Saghir Ahmed
Ceased 27/03/2023
CompanyRankvs 12403+ SIC 41202 peers67
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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 31/08/2024
Net Worth
£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£21k
Working capital
Current Assets
£30k
Current Liabilities
£8k
Fixed Assets
£200
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.60 | +£2k |
| 2023 | 4.46 | -£3k |
| 2022 | 4.20 | — |
| 2021 | 3.41 | — |
| 2020 | 1.04 | -£1k |
| 2019 | 1.30 | +£647 |
| 2018 | 0.39 | — |
Derived from filed accounts. Not audited figures.