Active15221669Private limited companyDudley

RITECHOICE LTD

C64/100

Owned by Oluwadare Adams Akintibubo (75–100%)

Summary

Generated from filed data · no estimates

RITECHOICE LTD is an active private limited company (company number 15221669) incorporated on 19 October 2023, registered in Dudley. Its registered activity is sale of new cars and light motor vehicles (SIC 45111). Latest micro accounts cover the period ending 31 October 2025, showing net assets of £6,207, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 181% on the prior period (£2,211).

Peer position · net assets

By net assets it sits in the upper half of 106 comparable companies in Birmingham (median £3,286, upper quartile £127k).

Key dates

Incorporated: 19 October 20233 yrs ago
Next accounts due: 31 July 2027in 282 days
Confirmation statement due: 2 November 2026in 11 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 45111: Sale of new cars and light motor vehicles
SIC 45112: Sale of used cars and light motor vehicles
SIC 45190: Sale of other motor vehicles
SIC 68310: Real estate agencies
Accounts type: Micro Entity
Size band: MicroCompanies Act thresholds

Financials

2 periods on record · latest ending 31 October 2025

Net assets

£6,207

+181%vs Oct 2024

Cash at bank

Not reported

Turnover

Not disclosed

Employees

vs Oct 2024

Net assets

£6,207

Average employees

Filed accounts by period, newest first
Period end	Net assets	Cash	Debtors	Creditors <1y	Turnover	Profit	Employees
31 October 2025	£6,207	—	—	£21k	—	—	1
31 October 2024	£2,211	—	—	£14k	—	—	0

Current ratio0.71Current liabilities exceed current assets

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.

Firmoscan score

Rules-based · every point shows its evidence

64 / 100 · grade C

Score breakdown
50	Starting scoreEvery scored company starts here
+10	Positive net assetsNet assets £6,207 at 2025-10-31
+8	Net assets growing+180.7% vs prior period
−8	Current liabilities exceed current assetsCurrent ratio 0.71
+4	Past first filingsIncorporated 2023-10-19
64	Score, grade C

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

Ownership and control

1 active

OA
Mr Oluwadare Adams Akintibubo
Individual · since 19 October 2023
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
75–100%

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Timeline

Newest first

31 Jul 2027Next accounts duein 282 days
02 Nov 2026Confirmation statement duein 11 days
31 Oct 2025Accounts period endNet assets £6,207 · micro accounts
31 Oct 2024Accounts period endNet assets £2,211 · micro accounts
19 Oct 2023Incorporated

Similar companies in Birmingham

Same activity (sale of new cars and light motor vehicles), closest in incorporation date

All companies incorporated on 19 October 2023 · in Oct 2023.

Reminders for RITECHOICE LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.