Choice Essential Ltd

Choice Essential Ltd is a small, active company based in Palmers Green, UK, founded four years ago in January 06, 2021. With a single employee and a virtual address shared by eighty-nine other companies, it’s a compact operation overseen by one director and owner. The company operates in the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets industries.

The company’s website, while not directly linked to the registered business name, suggests a focus on online retail. It’s unclear what specific products Choice Essential Ltd sells, but the website hints at a diverse range of goods available through its online store. The site appears to be professionally designed and easy to navigate, indicating a commitment to providing a positive customer experience.

Financially, Choice Essential Ltd shows some positive trends, but also areas of concern. Cash bank on hand increased significantly by 270% to £2,800, which is a good sign. However, accrued liabilities rose by 15% to £1,100, and creditors increased by 34% to £1,500. Equity also saw a substantial increase of 490% to £1,800, which could be due to retained earnings. Net current assets and liabilities improved dramatically, shifting from a negative £360 to a positive £1,300. Despite a slight decrease in property, plant, and equipment, the company's overall financial health appears to be improving. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) helps it stay nimble, but the increasing liabilities need to be monitored. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Choice Essential Ltd seems to be growing, but it’s important to keep an eye on its increasing liabilities.

Registered in England/Wales under the registration number 13118575, with a registered address at N13 5TW, England, Palmers Green, London, Hale House, Unit 5, 296a Green Lanes.

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