Murfitts Industries Limited
04012599
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/11/2015
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 7 other boards
director · Since 31/12/2021
COMPANY DIRECTOR
JAPANESE · ENGLAND · Age 51
Also on 4 other boards
director · Since 01/12/2022
DIRECTOR
JAPANESE · UNITED KINGDOM · Age 41
Also on 4 other boards
secretary · Since 04/07/2025
Persons with Significant Control
European Tyre Enterprise Limited
Etel House, Avenue One, Letchworth Garden City, SG6 2HU
Reg: 07545003 · Companies House Of England And Wales · Private Company Limited By Shares
Notified 27/03/2025
Former PSCs
Murfitts Group Limited
Ceased 31/12/2021
European Tyre Enterprise Limited
Ceased 23/01/2024
Murfitts Group Limited
Ceased 27/03/2025
Charges3 outstanding
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CompanyRankvs 78+ SIC 22190 peers65
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2021
Turnover
£18.3M
Annual revenue
Net Worth
£11.7M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Profit Before Tax
£2.5M
Bottom line earnings
Net Current Assets
£3.5M
Working capital
Current Assets
£10.4M
Current Liabilities
£6.9M
Fixed Assets
£11.4M
Debtors
£7.8M
Cost of Sales
£9.3M
Gross Profit
£9.0M
Admin Expenses
£2.5M
Operating Profit
£2.6M
Profit After Tax
£1.8M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 1.51 | -£395k |
| 2020 | 1.92 | — |
Derived from filed accounts. Not audited figures.