FIRST CHOICE TAX SOLUTIONS LTD

Active
Company number 10244174Private limited companyIncorporated 2016

Key figures

£20,952+53.7%
Net assets 2024/25
-14.3%
Average annual change 2019/20–2024/25
020 k40 k60 k80 k2019/202020/212021/222022/232023/242024/25

Like most small UK companies, FIRST CHOICE TAX SOLUTIONS LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 69201

Where the company stands among the 40,466 active companies whose first SIC code is 69201 (Accounting and auditing activities).

Net assets£20,952
Higher than 61% · median £9,794
Total assets£56,185
Higher than 59% · median £36,444
Employees4
Higher than 75% · median 1
Company age10.4 years
Older than 54% · median 9.2 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 40,466. The line on each bar marks the median.

Summary: FIRST CHOICE TAX SOLUTIONS LTD

What kind of company is it?

FIRST CHOICE TAX SOLUTIONS LTD is a private limited company registered with Companies House under company number 10244174. It was incorporated on 21 Jun 2016. Its status is active. The registered office is in Portsmouth (PO2). Its nature of business (SIC 2007) is accounting and auditing activities (69201).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Jun 2025); the company files micro-entity accounts. Net assets were £20,952, up 53.7% on the previous year. Total assets were £56,185 and total liabilities £19,952. The company had an average of 4 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 40,466 active companies whose first SIC code is 69201: By net assets it ranks higher than 61% of them (median £9,794). By total assets it ranks higher than 59% of them (median £36,444). By number of employees it ranks higher than 75% of them (median 1). It is older than 54% of them (median age 9.2 years).

Who runs and controls the company?

The company has 2 current directors. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Mar 2027. The next confirmation statement is due by 29 Mar 2027.

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Total assets116,177120,23458,40337,37256,185
Total liabilities49,38147,23853,78222,81819,952
Net assets / total equity66,79672,9964,62113,63520,952
Average number of employees33344

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

12 events
  1. Financial year 2024/25 endedAccounts: net assets £21k, 4 employees
  2. Financial year 2023/24 endedAccounts: net assets £13.6k, 4 employees
  3. Financial year 2022/23 endedAccounts: net assets £4,621, 3 employees
  4. Financial year 2021/22 endedAccounts: net assets £73k, 3 employees
  5. Florence MABE resignedDirector
  6. Financial year 2020/21 endedAccounts: net assets £66.8k, 3 employees
  7. Florence MABE appointedDirector
  8. Financial year 2019/20 endedAccounts: net assets £45.4k, 2 employees
Earlier events (4)
  1. Stacey WALKER appointedDirector
  2. Mr John Joseph Mabe registered as a person with significant control
  3. John Joseph MABE appointedDirector
  4. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.