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Fit4retail Ltd

10032703

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)
  • Current liabilities exceed current assets (-10)

Details

UNIT 12 HOYLAND ROAD, SHEFFIELD, S3 8AB
Incorporated 29/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Jafar Abualzait

secretary · Since 29/02/2016

Mr Jafar Hasan Ahmed Abualzait

director · Since 01/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Jafar Abualzait

75–100% shares
75–100% votes

British · England · Age 52

176, Oxford Street, Sheffield, S6 3GB

Notified 01/10/2016

CompanyRankvs 39181+ SIC 47910 peers
48

Financial strength19th percentile among SIC peers · 5/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees12/15 pts

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

Liquidity6/20 pts

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

Longevity10/15 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 28/02/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£49k

Current Liabilities

£51k

2avg. employees

Tax at Year End(2023)

VAT£339

Balance Sheet

Assets less current liabilities-£2k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.96+£0
20250.96+£5k
20240.28-£1k
20232.25-£5k£7k
20222.62£5k
20212.72£4k
202015.18-£2k
20193.00

Derived from filed accounts. Not audited figures.