Fitrite Fencing & Decking Limited
07313572
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/04/2023
CEO
BRITISH · ENGLAND · Age 45
Also on 4 other boards
director · Since 13/04/2023
DOMESTIC SALE DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 1 other board
Persons with Significant Control
Fitrite Group Limited
71-75, Shelton Street, London, WC2H 9JQ
Reg: 16228350 · Companies House · Private Limited Company
Notified 06/02/2025
Former PSCs
Vesso Ltd
Ceased 07/04/2023
Praesidian Capital Luxco 2 S.A.R.L.
Ceased 06/02/2025
Charges4 outstanding
HSBC UK BANK PLC
PRAESIDIAN CAPITAL LUXCO 2 S.A.R.L.
PRAESIDIAN CAPITAL LUXCO 2 S.A.R.L.
PRAETURA COMMERCIAL FINANCE LIMITED
HSBC INVOICE FINANCE (UK) LTD
HSBC INVOICE FINANCE (UK) LTD
PRAESIDIAN CAPITAL LUXCO 2 S.A.R.L.
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")
HSBC BANK PLC
CompanyRankvs 1225+ SIC 22290 peers49
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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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/03/2025
Turnover
£15.9M
Annual revenue
Net Worth
£370k
Balance sheet strength
Cash
£368
Cash in the bank
Profit Before Tax
-£1.3M
Bottom line earnings
Net Current Assets
-£1.2M
Working capital
Current Assets
£3.1M
Current Liabilities
£4.3M
Fixed Assets
£1.7M
Debtors
£2.5M
Cost of Sales
£9.6M
Gross Profit
£6.4M
Admin Expenses
£5.2M
Operating Profit
-£1.1M
Profit After Tax
-£1.3M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.72 | -£783k |
| 2024 | 0.81 | -£4.0M |
| 2022 | 1.51 | — |
Derived from filed accounts. Not audited figures.