Fiit Trading Ltd
10769576
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/05/2017
BUSINESSMAN
GERMAN · UNITED KINGDOM · Age 44
Also on 3 other boards
Persons with Significant Control
Mr Karan Khemani
German · United Kingdom · Age 44
Speen House, Porter Street, London, W1U 6AJ
Notified 13/05/2017
CompanyRankvs 54499+ SIC 62090 peers32
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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 31/12/2024
Turnover
£548
Annual revenue
Net Worth
-£951k
Balance sheet strength
Cash
£361k
Cash in the bank
Profit Before Tax
-£135k
Bottom line earnings
Net Current Assets
-£1.8M
Working capital
Current Assets
£3.6M
Current Liabilities
£5.4M
Fixed Assets
£842k
Debtors
£3.1M
Gross Profit
£548
Admin Expenses
£142k
Operating Profit
-£135k
Profit After Tax
-£135k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.67 | -£133k |
| 2023 | 0.68 | -£494k |
| 2022 | 0.77 | -£22k |
| 2022 | 0.77 | -£303k |
| 2021 | 0.70 | — |
Derived from filed accounts. Not audited figures.