# FIT1 LTD (10423572)

> FIT1 LTD is an active private limited company (company number 10423572) incorporated on 12 October 2016, registered in Edgware. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest small accounts cover the period ending 31 October 2025, showing net assets of −£20k and cash of £55k, with 3 employees on average. Net assets rose 66% on the prior period (−£60k).

- Status: Active
- Incorporated: 2016-10-12
- Registered office: Edgware, HA8 5EH
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2027-07-31
- Confirmation statement due: 2027-10-26
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 2,707 comparable companies in Greater London (median £1,900, upper quartile £23k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | −£20k | £55k | £5,000 | £98k | — | — | 3 |
| 2024-10-31 | −£60k | £33k | £5,000 | £117k | — | — | 4 |

current ratio 0.61; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-20,059 at 31 October 2025
- Net assets up 10% or more on the prior period: +66.3% vs prior period
- Current assets below creditors within one year: Current ratio 0.61
- Cash at bank of £50,000 or more: Cash £54,557
- Incorporated five or more years ago: Incorporated 12 October 2016

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Constantin-Dorin Branzea — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-09-13

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/10423572
HTML: https://firmoscan.com/company/10423572-fit1-ltd