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First Choice Living Ltd

12802062

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)
  • Current liabilities exceed current assets (-10)

Details

43 BARROW CLOSE, WALSALL, WS9 9BS
Incorporated 10/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

Mr Michael Joseph Willmett

director · Since 10/08/2020

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 31

Also on 1 other board

Mrs Kelly Marie Willmett

director · Since 17/01/2023

ADMINISTRATOR

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Michael Joseph Willmett

Appoint directors

English · England · Age 31

43, Barrow Close, Walsall, WS9 9BS

Notified 10/08/2020

Mrs Kelly Marie Willmett

75–100% shares
75–100% votes

British · England · Age 34

43, Barrow Close, Walsall, WS9 9BS

Notified 17/01/2023

CompanyRankvs 5970+ SIC 55900 peers
47

Financial strength49th percentile among SIC peers · 12/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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5970First Choice Living Ltd
42
How is this score calculated?
Financial strength12/25 pts

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

Employees8/15 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 31/08/2024

Net Worth

£766

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£4k

Current Liabilities

£6k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£766
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.69
20230.98

Derived from filed accounts. Not audited figures.