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Right Choice Retail Ltd

13551953

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

20A HIGH STREET, ST. NEOTS, PE19 1JA
Incorporated 06/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Officers

Mr Muralidharan Ravibalan

director · Since 06/08/2021

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Rosetta Mary Muralidharan

Significant control

British · England · Age 55

20a, High Street, St. Neots, PE19 1JA

Notified 06/08/2021

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/04/2022Registered 12/04/2022

CompanyRankvs 2550+ SIC 47240 peers
34

Financial strength6th percentile among SIC peers · 2/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 9.37× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2550Right Choice Retail Ltd
43
How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

-£60k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£14k

Current Liabilities

£1k

Fixed Assets

£83k

Debtors

£2k

0avg. employees

Balance Sheet

Intangible assets£7k
Bank loans & overdrafts£25k
Assets less current liabilities£96k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20249.37+£2k
20231.23-£16k
20223.45—

Derived from filed accounts. Not audited figures.