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Chose2 Ltd

12377150

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ALDER HOUSE STRAWBERRY LANE, NORTHWICH, CW8 3QF
Incorporated 24/12/2019

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/05/2025

Due 13/06/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Matthew David Hall

director · Since 24/12/2019

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Mr Dermot Justin Power

director · Since 14/02/2020

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 75

Also on 8 other boards

Mr David Hall

secretary · Since 05/05/2020

Mr Philip Williams

director · Since 19/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 21 other boards

Persons with Significant Control

Mr Matthew David Hall

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 44

Alder House, Strawberry Lane, Northwich, CW8 3QF

Notified 24/12/2019

Charges1 outstanding

Charge
outstanding

PHILIP WILLIAMS

Created 26/07/2022Registered 02/08/2022

CompanyRankvs 38505+ SIC 62012 peers
31

Financial strength3th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 31/12/2024

Net Worth

-£277k

Balance sheet strength

Cash

£55k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£70k

Current Liabilities

£93k

Fixed Assets

£0

Debtors

£15k

3avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.75-£65k
20231.63-£130k
20222.24-£28k
20210.81-£49k
20201.96

Derived from filed accounts. Not audited figures.