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Y-Fit Wear Limited

10360249

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

8 TOM JENKINSON ROAD, NEWHAM, E16 1TT
Incorporated 05/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14131
Manufacture of men's outerwear
14132
Manufacture of women's outerwear
14190
Manufacture of other wearing apparel and accessories

Officers

Mr Mark Akwasi Amadu Agyakwa

director · Since 05/09/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 1 other board

Persons with Significant Control

Mr Mark Akwasi Amadu Agyakwa

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · United Kingdom · Age 36

8, Tom Jenkinson Road, Newham, E16 1TT

Notified 05/09/2016

CompanyRankvs 658+ SIC 14131 peers
37

Financial strength8th percentile among SIC peers · 2/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.22× · 2/20
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 strength2/25 pts

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

Employees8/15 pts

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

Liquidity2/20 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 26/09/2024

Net Worth

-£41k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£41k

Working capital

Current Assets

£12k

Current Liabilities

£53k

Fixed Assets

£203

1avg. employees

Balance Sheet

Assets less current liabilities-£41k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20240.22+£7k
20230.09

Derived from filed accounts. Not audited figures.