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Design 2 Fit Ltd

05687165

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

THE COUNTING HOUSE 4A MOSS LANE, MANCHESTER, M27 9SA
Incorporated 25/01/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31020
Manufacture of kitchen furniture

Officers

Mr Stephen Borg

secretary · Since 10/03/2006

KITCHEN FITTER

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr Stephen Borg

director · Since 10/03/2006

KITCHEN FITTER

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mrs Elaine Borg

director · Since 28/11/2006

SECRETARY

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Stephen Borg

50–75% shares
50–75% votes
Appoint directors

British · England · Age 52

36, Chester Square, Ashton Under Lyne, OL6 7TW

Notified 06/04/2016

Mrs Elaine Borg

25–50% shares
25–50% votes

British · England · Age 56

36, Chester Square, Ashton Under Lyne, OL6 7TW

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 20/05/2020Registered 23/05/2020
charge
outstanding

G M INVESTMENT TRUSTEES LTD AND GM (UK) PENSION TRUSTEES LTD

Created 13/12/2010Registered 15/12/2010
charge
outstanding

SEDDON ESTATES LIMITED

Created 08/12/2006Registered 13/12/2006

CompanyRankvs 156+ SIC 31020 peers
68

Financial strength87th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Burbidge & Son Limited
90
2Sigma 3 (Kitchens) Limited
90
3Avanti Fitted Kitchens Limited
90
4East Coast Fittings Limited
90
5Roundel Manufacturing Limited
90
6Crown Products (Kent) Limited
90
7Grantech Limited
90
8Pineland Furniture Limited
90
9Granite Tops (Uk) Limited
90
10Sunny Bedrooms & Kitchen Limited
90
156Design 2 Fit Ltd
78
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£134k

Balance sheet strength

Cash

£102k

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£345k

Current Liabilities

£306k

Fixed Assets

£125k

Debtors

£208k

13avg. employees

Balance Sheet

Assets less current liabilities£163k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.13-£3k
20231.27-£41k
20221.45+£48k
20211.51+£65k
20201.49-£25k
20191.33+£12k
20181.06—

Derived from filed accounts. Not audited figures.