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Letsfix Limited

08577848

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

44 ROOD END ROAD, OLDBURY, B68 8SG
Incorporated 20/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Mr Gurmakh Singh Basra

director · Since 20/06/2013

CONSULTANT

BRITISH · UNITED KINGDOM · Age 47

Also on 5 other boards

Persons with Significant Control

Gurmakh Basra

75–100% shares
75–100% votes

British · England · Age 48

186 Old Biringham Road, Marlbrook, B60 1HH

Notified 31/12/2016

CompanyRankvs 63032+ SIC 98000 peers
43

Financial strength3th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity0/20 pts

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

Longevity13/15 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.

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

-£57k

Balance sheet strength

Cash

£10

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

Current Liabilities

£22k

Fixed Assets

£788

2avg. employees

Balance Sheet

Bank loans & overdrafts£34k
Assets less current liabilities-£22k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£4k
2024-£29k
202323.88-£20k
2022-£5k
20180.87

Derived from filed accounts. Not audited figures.