BEST CHOICE TRANSPORT LTD Financials
- Company number
- 09444378CopyCopy
- Registered office
- 84 Princes Street, Kettering NN16 8RR
- Incorporated
- 17/02/2015
Company snapshot
- Status
- Active
- Employees
- 8 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-208.80%vs 20222022: £-19.97K
Total Assets
-6.86%vs 20222022: £76.71K
Cash in Bank
-70.45%vs 20222022: £5.26K
Total Liabilities
-61.47%vs 20222022: £96.68K
Employees
-1vs 20222022: 9
In 2023, BEST CHOICE TRANSPORT LTD reported net assets of £-61.68K. The same filing shows total assets of £71.44K, cash in bank of £1.56K and total liabilities of £37.25K. Reported headcount was 8 in 2023. Total Liabilities fell from £96.68K in 2022 to £37.25K in 2023 (-61.47%). Okredo holds filed figures for 2021–2023; 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
-208.80%from £-19.97K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures BEST CHOICE TRANSPORT LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
-82.9%vs 2021-58.6% a year compound (CAGR)
Total Assets
+31.2%vs 2021+14.5% a year compound (CAGR)
Total Liabilities
-51.4%vs 2021-30.3% a year compound (CAGR)
Employees
+167%vs 2021+5Biggest increase
Employees+167%
3 in 2021 to 8 in 2023
Biggest decrease
Cash in Bank-82.9%
£9.08K in 2021 to £1.56K in 2023
BEST CHOICE TRANSPORT LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BEST CHOICE TRANSPORT LTD'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
- -86.33%2023
- 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
- 52.14%2023
- 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
- 4.17%2023
- 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
- 2.18%2023
- 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 BEST CHOICE TRANSPORT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -22.16K | -19.97K | -61.68K |
| Total Assets£ | 54.47K | 76.71K | 71.44K |
| Cash in Bank£ | 9.08K | 5.26K | 1.56K |
| Total Liabilities£ | 76.62K | 96.68K | 37.25K |
| Employees | 3 | 9 | 8 |
BEST CHOICE TRANSPORT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BEST CHOICE TRANSPORT LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
BEST CHOICE TRANSPORT LTD reported net assets of £-61.68K for 2023. That compares with £-19.97K in 2022, a change of -208.80%.
BEST CHOICE TRANSPORT LTD reported total assets of £71.44K for 2023. That compares with £76.71K in 2022, a change of -6.86%.
BEST CHOICE TRANSPORT LTD reported cash in bank of £1.56K for 2023. That compares with £5.26K in 2022, a change of -70.45%.
BEST CHOICE TRANSPORT LTD reported 8 employees in 2023, compared with 9 in 2022.
Between 2021 and 2023, BEST CHOICE TRANSPORT LTD's cash in bank fell by 82.9%, total assets rose by 31.2%, total liabilities fell by 51.4% and employee numbers rose by 167%. Cash in bank contracted at 58.6% a year across the two years to 2023, from £9.08K to £1.56K. Reported headcount went from 3 in 2021 to 8 in 2023 (+5).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.