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Morgan Fitter Limited

05484781

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

189 HIGH STREET, SOLIHULL, B91 3ST
Incorporated 20/06/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mrs Cheryl Ann Fitter

director · Since 20/06/2005

DIRECTOR

ENGLISH · ENGLAND · Age 70

Persons with Significant Control

Mrs Cheryl Ann Fitter

25–50% shares

English · England · Age 70

189, High Street, Solihull, B91 3ST

Notified 01/08/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 28/09/2005Registered 30/09/2005

CompanyRankvs 30972+ SIC 96020 peers
29

Financial strength10th percentile among SIC peers · 3/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

-£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£115

Current Liabilities

£7k

Fixed Assets

£655

1avg. employees

Tax at Year End(2022)

Corp tax£550

Director Loans

Company owes directors£4k

Balance Sheet

Assets less current liabilities-£6k
Signed by Mrs Cheryl Fitter 16th March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£5k
20240.05-£3k
20230.03
20220.20
20210.11+£2k
20200.03-£554
20190.06+£4k
20180.04

Derived from filed accounts. Not audited figures.