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Morefray Limited

10224082

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

GROUND FLOOR, LEICESTER, LE1 3UR
Incorporated 09/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14190
Manufacture of other wearing apparel and accessories

Officers

Mr Sanjeev Sobti

director · Since 31/05/2023

GENERAL MANAGER

BRITISH · ENGLAND · Age 62

Also on 13 other boards

Persons with Significant Control

Mr Siddharth Sobti

75–100% shares
75–100% votes

British · United Kingdom · Age 34

Ground Floor, 3 Navigation Street, Leicester, LE1 3UR

Notified 17/07/2017

Former PSCs

Mr Jehangir Khan Muhammad Muhammad

Ceased 17/07/2017

I5 Holdings Ltd

Ceased 23/07/2020

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 15/05/2019Registered 16/05/2019

CompanyRankvs 1897+ SIC 14190 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2021

Net Worth

-£559k

Balance sheet strength

Cash

£108k

Cash in the bank

Net Current Assets

-£577k

Working capital

Current Assets

£875k

Current Liabilities

£1.5M

Fixed Assets

£58k

Debtors

£317k

14avg. employees-2

Balance Sheet

Assets less current liabilities-£519k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20210.60-£613k
20201.02-£30k
20191.03+£62k
20181.02

Derived from filed accounts. Not audited figures.