Firmoscan
Active12140787Private limited companyCroydon

MASTERSTEP FLOORING LTD

E32/100

Owned by Ian Derek Morton (75–100%)

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

MASTERSTEP FLOORING LTD is an active private limited company (company number 12140787) incorporated on 6 August 2019, registered in Croydon. Its registered activity is floor and wall covering (SIC 43330). Latest dormant accounts cover the period ending 31 August 2025, showing net assets of −£3,185, with 2 employees on average. Net assets fell 36% on the prior period (−£2,350). Across the last 3 periods on record the net-asset trend is falling.

Peer position · net assets

By net assets it sits in the bottom quarter of 781 comparable companies in Greater London (median £6,889, upper quartile £35k).

02

Key dates

Incorporated
6 August 20197 yrs ago
Next accounts due
31 May 2027in 221 days
Confirmation statement due
20 August 2027in 302 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 43330
Floor and wall covering
Accounts type
Dormant
Size band
MicroCompanies Act thresholds
04

Financials

3 periods on record · latest ending 31 August 2025
Net assets
−£3,185
vs Aug 2024
Cash at bank
Not reported
Turnover
Not reported
Employees
2
No changevs Aug 2024
Net assets
−£3,185
Average employees
2
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 August 2025−£3,185——£4,962——2
31 August 2024−£2,350——£4,127——2
31 August 2023−£1,776——£3,553——2
Current ratio0.36Current liabilities exceed current assets

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

05

Firmoscan score

Rules-based · every point shows its evidence
32 / 100 · grade E
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
−15Negative net assetsNet assets £-3,185 at 2025-08-31
−8Net assets falling-35.5% vs prior period
−8Current liabilities exceed current assetsCurrent ratio 0.36
+5Multi-year filing history3 periods on record
+8EstablishedIncorporated 2019-08-06 (7 years)
32Score, grade E

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

06

Ownership and control

1 active · 2 other
  • Ian Derek Morton
    Individual · since 1 August 2022
    • owns 75–100% of shares
    • holds 75–100% of voting rights
    • can appoint or remove directors
  • Mr Terence Edward Goodson
    Individual · since 6 August 2019 · ceased 1 August 2022
    • owns 25–50% of shares
    • holds 25–50% of voting rights
  • Mr Anthony Gallagher
    Individual · since 6 August 2019 · ceased 1 August 2022
    • owns 25–50% of shares
    • holds 25–50% of voting rights

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Confirmation statement duein 302 days
  2. Next accounts duein 221 days
  3. Accounts period endNet liabilities £3,185 · dormant accounts
  4. Accounts period endNet liabilities £2,350 · dormant accounts
  5. Accounts period endNet liabilities £1,776 · dormant accounts
  6. Incorporated
08

Similar companies in Greater London

Same activity (floor and wall covering), closest in incorporation date

All companies incorporated on 6 August 2019 · in Aug 2019.

09

Reminders for MASTERSTEP FLOORING LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.