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First Choice Energy Ltd

12684594

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

11B BRYNHEULOG, LLANELLI, SA14 8AF
Incorporated 20/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Aaron Stephen Davies

director · Since 20/06/2020

MANAGING DIRECTOR

BRITISH · WALES · Age 28

Persons with Significant Control

Mr Aaron Stephen Davies

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

British · Wales · Age 28

Cobalt, Newport Road, Cardiff, CF24 1TP

Notified 20/06/2020

Former PSCs

Mr Stephen Davies

Ceased 14/04/2026

CompanyRankvs 1875+ SIC 43290 peers
79

Financial strength95th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.47× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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 29/06/2024

Net Worth

£539k

Balance sheet strength

Cash

£705k

Cash in the bank

Net Current Assets

£488k

Working capital

Current Assets

£820k

Current Liabilities

£332k

Fixed Assets

£68k

Debtors

£34k

8avg. employees+4

Tax at Year End

Corp tax£160k

Balance Sheet

Assets less current liabilities£556k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.47+£485k
20231.27

Derived from filed accounts. Not audited figures.