Company Overview
First Choice (Bury) Ltd is a Dissolved Private Limited Company.
Registered Address

Broughton Business Centre, Broughton Street, Manchester, M8 8NN
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Companies House Data
Company NameFIRST CHOICE (BURY) LTD
Company Number07990944
Registered Office AddressBroughton Business Centre
 Broughton Street
 M8 8NN
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date14/03/2012
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2017
Accounts Last Made Up Date31/03/2016
Accounts Account CategoryTOTAL EXEMPTION SMALL
Returns Next Due Date06/07/2017
Returns Last Made Up Date08/06/2016
Directors & Members
Show Resigned
Muhammad Ashfaq - Director
(Pakistani, 43 years old, born February 1983)
Appointed 03 January 2017
 Active
Muhammad Ashfaq - Director
(Pakistani, 43 years old, born February 1983)
Appointed 25 May 2017
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Muhammad Ashfaq
No companies found
Muhammad Ashfaq
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2016 31-Mar-2015 31-Mar-2014
Balance Sheet
Fixed Assets 99,460 61,920 88,380
Current Assets 393,901 275,207 260,861
Creditors Due Within One Year 139,983 176,235 279,960
Working Cap 253,918 98,972 -19,099
Total Assets Less Current Liabilities 353,378 160,892 69,281
Long-term Liabilities 0 0 0
Net Assets 353,378 160,892 69,281
Share Capital & Reserves
Share Cap 2 2 2
Profit & Loss Reserves 353,376 160,890 69,279
Other Reserves 0 0 0
Shareholders Funds 353,378 160,892 69,281
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2016 31-Mar-2015 31-Mar-2014
Tangible Fixed Assets 20.2% 18.4% -
Fixed Assets 20.2% 18.4% 25.3%
Stocks Inventory 72.3% 70.8% 70.5%
Debtors 4.0% 7.5% 3.1%
Cash Bank In Hand 3.6% 3.3% 1.0%
Current Assets 79.8% 81.6% 74.7%
Creditors Due Within One Year 28.4% 52.3% 80.2%
Net Current Assets Liabilities 51.5% 29.4% -5.5%
Creditors Due After One Year - - 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 71.6% 47.7% 19.8%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid - - 0.0%
Profit Loss Account Reserve 71.6% 47.7% 19.8%
Shareholder Funds 71.6% 47.7% 19.8%
Capital Employed - - -
Total Assets Less Current Liabilities 71.6% 47.7% 19.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2016 31-Mar-2015 31-Mar-2014
Liquidity Ratio 2.8 1.6 0.9
Solvency Ratio 3.5 1.9 1.2
Reserves to Assets 0.7 0.5 0.2
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2016 31-Mar-2015 31-Mar-2014
Assets 493,361 337,127 349,241
Debt 139,983 176,235 279,960
Net Assets/Debt 353,378 160,892 69,281
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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