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Choice 1 Ltd

13171657

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

476 CHURCH ROAD, NORTHOLT, UB5 5AU
Incorporated 01/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
96090
Other personal service activities

Officers

Mr Abdul Musadiq Rashidi

director · Since 01/02/2021

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Abdul Musadiq Rashidi

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

British · United Kingdom · Age 58

476, Church Road, Northolt, UB5 5AU

Notified 01/02/2021

CompanyRankvs 59191+ SIC 47910 peers
39

Financial strength21th percentile among SIC peers · 5/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 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.

Longevity5/15 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 28/02/2025

Net Worth

-£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£43

Working capital

Current Assets

£43k

Current Liabilities

£43k

Fixed Assets

£601

1avg. employees

Balance Sheet

Assets less current liabilities£558
Signed by Mr Abdul Rashidi 13 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00+£0
20251.00+£4k
20240.77—
20230.99—

Derived from filed accounts. Not audited figures.