Chosen Limited

Chosen Limited, based in Paignton, UK, is a small, active company founded 17 years ago. It’s a solo-founded operation with one director and one owner, employing just one person and holding £2,948 in assets. The company operates from a virtual address, sharing space with 264 other businesses, which is a bit unusual. It's involved in manufacturing perfumes and toilet preparations, wholesale and retail of cosmetics, and even some online sales.

The company’s website, Chosen Building Contractors, paints a picture of a well-established family-run business specializing in residential and commercial building projects throughout the midlands. They offer a wide range of services, from extensions and refurbishments to new builds and fitouts, emphasizing a professional team and a focus on customer satisfaction. They seem to be doing well with their reputation and work is obtained through client lists and verbal recommendations.

Financially, Chosen Limited is showing some concerning trends. While current assets have increased by a significant 170%, net assets have decreased by 3.3% to -£68,000. Cash on hand has jumped a whopping 10,000%, now at £100, but that’s from a very low base. Amounts owed to directors have increased by 5.7% to £71,000, and creditors have also risen by 6.0% to £71,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the negative equity suggests it’s burning through cash. There’s no mention of an auditor, which is common for companies of this size. The accounts are described as “filleted,” meaning they’re simplified due to the small company status. It's not clear if the building contractor side of the business is doing well, but the financial data suggests it’s a bit tight.

Registered in England/Wales under the registration number 06254395, with a registered address at TQ4 5BW, United Kingdom, Paignton, Devon, 13 Hyde Road.

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