1st Choice Garage Doors Limited

1st Choice Garage Doors Limited, based in Wrotham Heath, UK, is a small, active company founded 36 years ago in 1989. With 12 employees and £287,349 in assets, it’s a well-established family business operating from a real address. The company has three directors and one owner, May Philip Jeffery, and is an irregular importer of electrical machinery and equipment, with its last import activity occurring in July 2023. It operates in the other retail sale not in stores, stalls or markets industries.

The company's website highlights its services in Hampshire and surrounding areas, including Southampton and Bournemouth. 1st Choice Garage Doors Gates positions itself as a family-run business with over 40 years of experience, offering a professional, friendly, and personalised service. It emphasizes competitive pricing, quality products, and fast emergency call-outs, with a 5-year warranty on every product. The website also includes contact information for Marchwood, Southampton, Bournemouth, and a mobile number.

Financially, 1st Choice Garage Doors Limited presents a mixed picture. Current assets have decreased by 22% to £290,000, while net assets have fallen by 19% to £150,000. Bank borrowings have seen a slight decrease, and cash reserves have dropped by 32% to £120,000. Trade debtors have also decreased, suggesting improved collection efforts. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The company's equity has also decreased, which could be a concern. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, 1st Choice Garage Doors Limited appears to be a stable, albeit slightly shrinking, business. The company’s long history and commitment to customer service suggest a solid foundation, but the declining asset values and cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 02335784, with a registered address at TN15 7SE, Wrotham Heath, Kent, The Barns Ford Place, Ford Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.