Morefit Limited
07341920
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/03/2025
unaudited abridged
Next accounts due
31/12/2026
Confirmation statement
Last: 10/08/2025
Due 24/08/2026
Industry
Officers
secretary · Since 01/06/2019
Persons with Significant Control
Mr Shamir Sidhu
British · England · Age 48
24b, Quernmore Road, London, N4 4QX
Notified 06/04/2016
CompanyRankvs 134+ SIC 93130 peers82
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£1.1M
Balance sheet strength
Cash
£1.4M
Cash in the bank
Net Current Assets
£361k
Working capital
Current Assets
£1.6M
Current Liabilities
£1.3M
Fixed Assets
£964k
Debtors
£224k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.28 | +£736k |
| 2024 | 0.59 | +£115k |
| 2023 | 0.40 | -£166k |
| 2022 | 0.33 | -£281k |
| 2021 | 1.00 | +£175k |
| 2020 | 1.10 | +£268k |
| 2019 | 1.03 | — |
Derived from filed accounts. Not audited figures.