choice rec limited

choice rec limited Company Information

Share CHOICE REC LIMITED
Live 
YoungSmallHealthy

Company Number

12092397

Industry

Other personal service activities n.e.c.

 

Directors

Tommy Love

Shareholders

tommy love

Group Structure

View All

Contact

Registered Address

the space - aldgate 6th floor, 30 dukes place, london, EC3A 7LP

Website

-

choice rec limited Estimated Valuation

£512.2k

Pomanda estimates the enterprise value of CHOICE REC LIMITED at £512.2k based on a Turnover of £717.7k and 0.71x industry multiple (adjusted for size and gross margin).

choice rec limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CHOICE REC LIMITED at £0 based on an EBITDA of £-237.3k and a 4.26x industry multiple (adjusted for size and gross margin).

choice rec limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CHOICE REC LIMITED at £0 based on Net Assets of £-345.1k and 1.97x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Choice Rec Limited Overview

Choice Rec Limited is a live company located in london, EC3A 7LP with a Companies House number of 12092397. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in July 2019, it's largest shareholder is tommy love with a 100% stake. Choice Rec Limited is a young, small sized company, Pomanda has estimated its turnover at £717.7k with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Choice Rec Limited Health Check

Pomanda's financial health check has awarded Choice Rec Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £717.7k, make it smaller than the average company (£1.2m)

£717.7k - Choice Rec Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.8%)

13% - Choice Rec Limited

7.8% - Industry AVG

production

Production

with a gross margin of 41.3%, this company has a comparable cost of product (41.3%)

41.3% - Choice Rec Limited

41.3% - Industry AVG

profitability

Profitability

an operating margin of -33.1% make it less profitable than the average company (6.4%)

-33.1% - Choice Rec Limited

6.4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (15)

3 - Choice Rec Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.3k, the company has an equivalent pay structure (£34.3k)

£34.3k - Choice Rec Limited

£34.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £239.2k, this is more efficient (£103.2k)

£239.2k - Choice Rec Limited

£103.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 65 days, this is later than average (30 days)

65 days - Choice Rec Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (40 days)

0 days - Choice Rec Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Choice Rec Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (38 weeks)

0 weeks - Choice Rec Limited

38 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 353.4%, this is a higher level of debt than the average (47.7%)

353.4% - Choice Rec Limited

47.7% - Industry AVG

CHOICE REC LIMITED financials

EXPORTms excel logo

Choice Rec Limited's latest turnover from December 2023 is estimated at £717.7 thousand and the company has net assets of -£345.1 thousand. According to their latest financial statements, Choice Rec Limited has 3 employees and maintains cash reserves of £728 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Jul 2020
Turnover717,676725,468482,909493,999
Other Income Or Grants0000
Cost Of Sales420,887423,812288,436299,137
Gross Profit296,789301,655194,473194,862
Admin Expenses534,129327,536194,149267,770
Operating Profit-237,340-25,881324-72,908
Interest Payable4,0454,2441,5170
Interest Receivable25816810
Pre-Tax Profit-241,127-29,958-1,192-72,908
Tax0000
Profit After Tax-241,127-29,958-1,192-72,908
Dividends Paid0000
Retained Profit-241,127-29,958-1,192-72,908
Employee Costs103,02965,59693,68052,856
Number Of Employees3232
EBITDA*-237,340-25,881324-72,908

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Jul 2020
Tangible Assets0000
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets0000
Stock & work in progress0000
Trade Debtors129,238147,45586,44265,370
Group Debtors0000
Misc Debtors6,2377,4375,9311,063
Cash7289,0845060
misc current assets0000
total current assets136,203163,97692,87966,433
total assets136,203163,97692,87966,433
Bank overdraft0000
Bank loan9,9857,60710,3530
Trade Creditors 5654,3804,92186,953
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities449,637222,730113,4250
total current liabilities460,187234,717128,69986,953
loans21,10133,21738,1800
hp & lease commitments0000
Accruals and Deferred Income0002,388
other liabilities00050,000
provisions0000
total long term liabilities21,10133,21738,18052,388
total liabilities481,288267,934166,879139,341
net assets-345,085-103,958-74,000-72,908
total shareholders funds-345,085-103,958-74,000-72,908
Dec 2023Dec 2022Dec 2021Jul 2020
Operating Activities
Operating Profit-237,340-25,881324-72,908
Depreciation0000
Amortisation0000
Tax0000
Stock0000
Debtors-19,41762,51925,94066,433
Creditors-3,815-541-82,03286,953
Accruals and Deferred Income226,907109,305111,0372,388
Deferred Taxes & Provisions0000
Cash flow from operations5,16920,3643,389-50,000
Investing Activities
capital expenditure0000
Change in Investments0000
cash flow from investments0000
Financing Activities
Bank loans2,378-2,74610,3530
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans-12,116-4,96338,1800
Hire Purchase and Lease Commitments0000
other long term liabilities00-50,00050,000
share issue001000
interest-3,787-4,076-1,5160
cash flow from financing-13,525-11,785-2,88350,000
cash and cash equivalents
cash-8,3568,5785060
overdraft0000
change in cash-8,3568,5785060

choice rec limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for choice rec limited. Get real-time insights into choice rec limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Choice Rec Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for choice rec limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in EC3A area or any other competitors across 12 key performance metrics.

choice rec limited Ownership

CHOICE REC LIMITED group structure

Choice Rec Limited has no subsidiary companies.

Ultimate parent company

CHOICE REC LIMITED

12092397

CHOICE REC LIMITED Shareholders

tommy love 100%

choice rec limited directors

Choice Rec Limited currently has 1 director, Mr Tommy Love serving since Jul 2019.

officercountryagestartendrole
Mr Tommy LoveUnited Kingdom33 years Jul 2019- Director

P&L

December 2023

turnover

717.7k

-1%

operating profit

-237.3k

0%

gross margin

41.4%

-0.55%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-345.1k

+2.32%

total assets

136.2k

-0.17%

cash

728

-0.92%

net assets

Total assets minus all liabilities

choice rec limited company details

company number

12092397

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

July 2019

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

imperium rec limited (October 2019)

accountant

-

auditor

-

address

the space - aldgate 6th floor, 30 dukes place, london, EC3A 7LP

Bank

METRO BANK

Legal Advisor

-

choice rec limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 4 charges/mortgages relating to choice rec limited. Currently there are 2 open charges and 2 have been satisfied in the past.

choice rec limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for CHOICE REC LIMITED. This can take several minutes, an email will notify you when this has completed.

choice rec limited Companies House Filings - See Documents

datedescriptionview/download