The Firmwatch take
Fit+ Franchise Limited is a 2-year-old management consulting, active on the Companies House register. The latest filed accounts (year to 30 September 2024) show GBP 1 in net assets, with 3 cautionary signals worth monitoring. No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
26 January 2024
2 years on the register
Sector
Management consultancy activities (other than financial)
SIC 70229
Size
Not classified
Net assets
£1
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
50/100
elevated risk
Estimated public-data value
£1 - £1
medium confidence - net asset range
Sector comparison
Sector: Management Consulting
Sample: 92,418 companies
Negative net assets: 15.3%
- Net assets vs sector median
- -£1,933
- Working capital vs sector median
- -£16,999
- Sector median current ratio
- 1.55
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 30% in sector · Sector medians shown for 92,418 filers in this sector (2024).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£6,927
Current liabilities
Amounts due within one year (short-term creditors).
£17,356
Working capital
Current assets minus current liabilities.
-£10,429
Median £7k
Fixed assets
Long-term tangible and intangible assets.
Not disclosed
Total assets less current liabilities
Fixed assets plus working capital.
-£6,917
Net assets
What's left after liabilities are deducted from assets.
£1
Median £2k
Equity (capital & reserves)
Shareholder funds.
£1
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
0.4×
Median 1.6×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.