Lit Fibre Ltd
13138313
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/10/2024
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 45
Also on 2 other boards
director · Since 31/10/2024
ENTREPRENEUR
BRITISH · UNITED KINGDOM · Age 46
Also on 3 other boards
Persons with Significant Control
Banner Fibre Holdco Limited
13, Selvage Lane, London, NW7 3SS
Reg: 15709705 · United Kingdom · Private Limited Company
Notified 31/10/2024
Former PSCs
Ravi Yadav
Ceased 13/05/2024
Lit Fibre Holdings Limited
Ceased 18/01/2021
Mr David Karol Wassong
Ceased 13/05/2024
Connect Infrastructure Topco Limited
Ceased 13/05/2024
Connect Infrastructure Bidco Limited
Ceased 13/05/2024
Cityfibre Holdco Limited
Ceased 13/05/2024
Cityfibre Infrastructure Holdings Limited
Ceased 31/10/2024
CompanyRankvs 1090+ SIC 61100 peers60
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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
Net Worth
£2
Balance sheet strength
Cash
£382k
Cash in the bank
Net Current Assets
£1.3M
Working capital
Current Assets
£2.1M
Current Liabilities
£787k
Fixed Assets
£900k
Debtors
£1.6M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 2.71 |
| 2021 | 0.17 |
Derived from filed accounts. Not audited figures.