Back to search

Choice Retirement Home Limited

12060973

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

HOLMFIELD, TORQUAY, TQ1 1QJ
Incorporated 20/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87300
Residential care activities for the elderly and disabled

Officers

Julia Katrina Gow Smith

director · Since 20/06/2019

CARE HOME PROPRIETOR

BRITISH · UNITED KINGDOM · Age 64

Also on 4 other boards

Mr Thornton David Gow Smith

director · Since 20/06/2019

CARE HOME PROPRIETOR

BRITISH · UNITED KINGDOM · Age 68

Also on 5 other boards

Persons with Significant Control

Beechcroft Care Homes Ltd

75–100% shares
75–100% votes
Appoint directors

Holmfield, Grafton Road, Torquay, TQ1 1QJ

Reg: 06237795 · Beechcroft Care Homes Ltd · Limited Company

Notified 20/06/2019

Mr Thornton David Gow-Smith

Significant control

British · England · Age 68

Holmfield, Grafton Road, Torquay, TQ1 1QJ

Notified 20/06/2019

Charges3 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 04/10/2024Registered 07/10/2024
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 04/10/2024Registered 07/10/2024
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 17/11/2021Registered 06/12/2021

CompanyRankvs 1800+ SIC 87300 peers
60

Financial strength89th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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.

Longevity7/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2024

Net Worth

£874k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£267k

Working capital

Current Assets

£829k

Current Liabilities

£562k

Fixed Assets

£675k

Debtors

£827k

62avg. employees-2

Balance Sheet

Assets less current liabilities£942k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.47+£14k
20231.89+£31k
20222.50

Derived from filed accounts. Not audited figures.