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Choice Ware Ltd

12482856

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

Details

9 CORBETS TEY ROAD, UPMINSTER, RM14 2AP
Incorporated 25/02/2020

Compliance

Last accounts

28/02/2023

total exemption full

Next accounts due

30/11/2024

Overdue

Confirmation statement

Last: 06/02/2024

Due 20/02/2025

Overdue

Industry

56302
Public houses and bars

Officers

Mr Peter John Faires

director · Since 25/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 15 other boards

Persons with Significant Control

Mr Peter Faires

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

British · England · Age 50

9 Corbets Tey Road, Upminster, RM14 2AP

Notified 25/02/2020

CompanyRankvs 14734+ SIC 56302 peers
43

Financial strength20th percentile among SIC peers · 5/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.57× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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14734Choice Ware Ltd
39
How is this score calculated?
Financial strength5/25 pts

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

Employees1/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 28/02/2023

Net Worth

-£25k

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£22k

Current Liabilities

£14k

Debtors

£22k

0avg. employees

Balance Sheet

Assets less current liabilities£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.57

Derived from filed accounts. Not audited figures.