First Choice Fm Ltd
13004354
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/11/2024
micro entity
Next accounts due
31/08/2026
Confirmation statement
Last: 08/11/2025
Due 22/11/2026
Industry
Officers
Persons with Significant Control
Mr Usman Rauf
Pakistani · England · Age 42
Quantrill House, 2 Dunstable Road, Luton, LU1 1DX
Notified 09/11/2020
CompanyRankvs 7003+ SIC 80100 peers38
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/11/2024
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£26k
Working capital
Current Assets
-£2k
Current Liabilities
£24k
Fixed Assets
£23k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | -0.09 | -£9k |
| 2023 | 0.26 | -£4k |
| 2022 | 0.57 | +£3k |
| 2021 | 0.54 | — |
Derived from filed accounts. Not audited figures.