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1st Choice Card Payments Ltd

14031502

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

SUITE 14 ARNOLD BUSINESS CENTRE BROOKFIELD ROAD, NOTTINGHAM, NG5 7ER
Incorporated 06/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Mohammad Nazmul Islam

director · Since 06/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Mr Waqas Khan

director · Since 11/07/2022

SALES DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Mohammad Nazmul Islam

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

British · United Kingdom · Age 45

Suite 14 Arnold Business Centre, Brookfield Road, Nottingham, NG5 7ER

Notified 06/04/2022

CompanyRankvs 46957+ SIC 70229 peers
65

Financial strength48th percentile among SIC peers · 12/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 12.85× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

Longevity4/15 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

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£1k

Current Liabilities

£95

3avg. employees+1

Balance Sheet

Assets less current liabilities£1k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
202412.85
20231.04

Derived from filed accounts. Not audited figures.