Knit Nets Limited
09084324
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 09/01/2026
Due 23/01/2027
Industry
Officers
Persons with Significant Control
Mr Mohamed Yusuf Mohamed Siddik
British · England · Age 59
6a, Hampton Road, London, E7 0PB
Notified 09/01/2026
Former PSCs
Mr Mohmed Hussein Ali
Ceased 13/05/2020
Mr Moosa Ali
Ceased 22/06/2021
Mrs Saidabanu Mohmedyusuf Mohmedsiddik
Ceased 13/08/2023
Mr Salman Ali
Ceased 01/12/2023
Mr Ali Moosa
Ceased 08/01/2026
CompanyRankvs 1651+ SIC 14190 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.
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
-£15k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£18k
Working capital
Current Assets
£125k
Current Liabilities
£144k
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.87 | +£927 |
| 2024 | 0.87 | +£9k |
| 2023 | 0.79 | +£3k |
| 2022 | 0.70 | -£10k |
| 2021 | 0.76 | — |
Derived from filed accounts. Not audited figures.