1ST CHOICE LIMITED Financials
- Company number
- 07016285CopyCopy
- Registered office
- 4/6 Forth Street, Liverpool L20 8JJ
- Incorporated
- 11/09/2009
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
64.85%vs 20232023: £-47.47K
Total Assets
-12.97%vs 20232023: £329.20K
Cash in Bank
No changevs 20232023: £1.00K
Total Liabilities
-19.09%vs 20232023: £374.74K
Employees
-2vs 20232023: 8
In 2024, 1ST CHOICE LIMITED reported net assets of £-16.69K. The same filing shows total assets of £286.51K, cash in bank of £1.00K and total liabilities of £303.19K. Reported headcount was 6 in 2024. Total Liabilities fell from £374.74K in 2023 to £303.19K in 2024 (-19.09%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
64.85%from £-47.47K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures 1ST CHOICE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-127%vs 2022Total Assets
-12.4%vs 2022-6.4% a year compound (CAGR)
Total Liabilities
+15.8%vs 2022+7.6% a year compound (CAGR)
Employees
-33.3%vs 2022-3Biggest increase
Total Liabilities+15.8%
£261.79K in 2022 to £303.19K in 2024
Biggest decrease
Net Assets-127%
£61.44K in 2022 to £-16.69K in 2024
1ST CHOICE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from 1ST CHOICE LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -5.82%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 105.82%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.33%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.35%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for 1ST CHOICE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 3.79K | 61.44K | -47.47K | -16.69K |
| Total Assets£ | 168.98K | 326.88K | 329.20K | 286.51K |
| Cash in Bank£ | – | – | 1.00K | 1.00K |
| Total Liabilities£ | 165.19K | 261.79K | 374.74K | 303.19K |
| Employees | 7 | 9 | 8 | 6 |
1ST CHOICE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for 1ST CHOICE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
1ST CHOICE LIMITED reported net assets of £-16.69K for 2024. That compares with £-47.47K in 2023, a change of 64.85%.
1ST CHOICE LIMITED reported total assets of £286.51K for 2024. That compares with £329.20K in 2023, a change of -12.97%.
1ST CHOICE LIMITED reported cash in bank of £1.00K for 2024. That compares with £1.00K in 2023.
1ST CHOICE LIMITED reported 6 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, 1ST CHOICE LIMITED's net assets fell by 127%, total assets fell by 12.4%, total liabilities rose by 15.8% and employee numbers fell by 33.3%. Total assets contracted at 6.4% a year across the two years to 2024, from £326.88K to £286.51K. Reported headcount went from 9 in 2022 to 6 in 2024 (-3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.