Masterfit Auto Services & Repairs Ltd
10920988
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/08/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 4 other boards
Persons with Significant Control
Mr John Kamau Magondu
British · England · Age 50
Unit 3, Garden Court Business Centre, Welwyn Garden City, AL7 1BH
Notified 17/08/2017
Former PSCs
Mrs Rose Kamau Magondu
Ceased 13/08/2021
Charges2 outstanding
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
CompanyRankvs 17538+ SIC 45200 peers45
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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.
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 31/08/2024
Net Worth
-£3k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
£28k
Working capital
Current Assets
£55k
Current Liabilities
£27k
Fixed Assets
£2
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.07 | +£10k |
| 2023 | 2.48 | -£9k |
| 2022 | 2.08 | -£15k |
| 2021 | 1.97 | +£8k |
| 2020 | 2.19 | -£15k |
| 2019 | 0.01 | — |
Derived from filed accounts. Not audited figures.