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Choice Developments Ltd

11630522

liquidation
Private Limited Company
england wales
Companies House
0 outstanding charges
Insolvency history
Health Score
N/A

Details

C/O THORNTONRONES LTD, LOUGHTON, IG10 1AH
Incorporated 18/10/2018

Compliance

Last accounts

31/03/2022

total exemption full

Next accounts due

31/12/2023

Overdue

Confirmation statement

Last: 12/10/2023

Due 26/10/2024

Overdue

Industry

41100
Development of building projects

Officers

Mr Lee Goodwin

director · Since 18/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 6 other boards

Mr Lee John Sadler

director · Since 18/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 4 other boards

Persons with Significant Control

Mr Lee Goodwin

25–50% shares
25–50% votes

British · United Kingdom · Age 50

Unit 2, 99-101 Kingsland Road, London, E2 8AG

Notified 18/10/2018

Mr Lee John Sadler

25–50% shares
25–50% votes

British · United Kingdom · Age 49

Unit 2, 99-101 Kingsland Road, London, E2 8AG

Notified 18/10/2018

Former PSCs

Mr Peter Faires

Ceased 27/08/2021

Charges0 outstanding

A registered charge
fully satisfied

Mr Andrew Isles

Created 30/06/2022Registered 01/07/2022Satisfied 09/11/2022

Insolvency History1 case

creditors voluntary liquidation08/03/2023

Richard Jeffery Rones (practitioner)

CompanyRankvs 15+ SIC 41100 peers
25

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity8/15 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2022

Net Worth

£19k

Balance sheet strength

Cash

£877

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£804k

Current Liabilities

£743k

Debtors

£47k

2avg. employees

Balance Sheet

Assets less current liabilities£61k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20221.08

Derived from filed accounts. Not audited figures.