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First Choice Metalwork South West Limited

12784989

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 2, PLYMOUTH, PL1 3LQ
Incorporated 01/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects
43999
Specialised construction activities

Officers

Mrs Natalie Lavis

secretary · Since 01/08/2020

Mr Ty Michael Lavis

director · Since 01/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Mr Ty Michael Lavis

25–50% shares
25–50% votes

British · United Kingdom · Age 43

10 Miller Court, Millbay Road, Plymouth, PL1 3LQ

Notified 01/08/2020

Mrs Natalie Benta Lavis

25–50% shares
25–50% votes

British · United Kingdom · Age 42

59, Grassendale Avenue, Plymouth, PL2 2JW

Notified 01/08/2020

CompanyRankvs 2537+ SIC 42990 peers
72

Financial strength76th percentile among SIC peers · 19/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.11× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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2537First Choice Metalwork South West Limited
72
How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 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 31/08/2025

Net Worth

£117k

Balance sheet strength

Cash

£127k

Cash in the bank

Net Current Assets

£106k

Working capital

Current Assets

£140k

Current Liabilities

£34k

Fixed Assets

£14k

Debtors

£14k

4avg. employees

Tax at Year End

Corp tax£13k
VAT£5k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£120k
Signed by Mr Ty Lavis 23rd January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20254.11+£12k£99k
20243.73+£14k£32k
20232.75—£57k

Derived from filed accounts. Not audited figures.