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1st Choice Property Development Ltd

12207246

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

112B BROOKER ROAD, WALTHAM ABBEY, EN9 1JH
Incorporated 13/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Christopher Paul Brown

director · Since 13/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Mr Kristian Daryll Brown

director · Since 13/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 11 other boards

Persons with Significant Control

Mr Christopher Paul Brown

25–50% shares
25–50% votes

British · United Kingdom · Age 64

112b, Brooker Road, Waltham Abbey, EN9 1JH

Notified 13/09/2019

Mr Kristian Daryll Brown

25–50% shares
25–50% votes

British · England · Age 33

112b, Brooker Road, Waltham Abbey, EN9 1JH

Notified 13/09/2019

CompanyRankvs 15853+ SIC 41202 peers
64

Financial strength83th percentile among SIC peers · 21/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees9/15 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.

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

Key FinancialsYear ending 30/09/2023

Net Worth

£55k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

£276k

Current Liabilities

£214k

Fixed Assets

£519

Debtors

£265k

2avg. employees

Balance Sheet

Bank loans & overdrafts£8k
Assets less current liabilities£63k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20231.29-£24k
20221.33+£21k
20211.20+£60k
20200.99

Derived from filed accounts. Not audited figures.