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Smartt Choice Ltd

12736469

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

197 OLDFIELD ROAD, BIRMINGHAM, B12 8TJ
Incorporated 13/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Ahsan Nadeem

director · Since 13/07/2020

BUSINESS MAN

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Ahsan Nadeem

75–100% shares

British · England · Age 37

197, Oldfield Road, Birmingham, B12 8TJ

Notified 13/07/2020

CompanyRankvs 51503+ SIC 47910 peers
43

Financial strength3th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.59× · 6/20
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 strength1/25 pts

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

Employees15/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£63k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£91k

Current Liabilities

£152k

7avg. employees+6

Balance Sheet

Assets less current liabilities-£62k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59-£47k
20230.72-£2k
20220.84+£16k
20210.04

Derived from filed accounts. Not audited figures.