Company Overview
Letsfix Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 20 June 2013, so this is a well established company. Letsfix Limited has been in business for 12 years and 9 months. The accounts status is total exemption full and the accounts are next due on Tuesday 31 March 2026.
Registered Address

44 Rood End Road, Oldbury, B68 8SG
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Companies House Data
Company NameLETSFIX LIMITED
Company Number08577848
Registered Office Address44 Rood End Road
 B68 8SG
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date20/06/2013
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date30/06/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date18/07/2017
Returns Last Made Up Date20/06/2016
Directors & Members
Gurmakh Basra - Director
(British, 48 years old, born October 1978)
Appointed 20 June 2013
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Gurmakh Basra
DOMINION REAL ESTATES SERVICES LIMITED
MACK CAP LIMITED
MAKH CAPITAL LIMITED
NEOZEN VENTURE CAPITAL LIMITED
WESTMEAD VENTURES LIMITED
ZEN VENTURES LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Balance Sheet
Fixed Assets 1,400 1,400 1,600
Current Assets 50,034 50,034 59,012
Creditors Due Within One Year 11,599 11,599 9,252
Working Cap 38,435 38,435 49,760
Total Assets Less Current Liabilities 39,835 39,835 51,360
Long-term Liabilities 43,466 43,466 49,540
Net Assets -3,631 -3,631 1,820
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -3,631 -3,631 1,820
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Tangible Fixed Assets - - -
Fixed Assets 2.7% 2.7% 2.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 97.3% 97.3% 97.4%
Current Assets 97.3% 97.3% 97.4%
Creditors Due Within One Year 22.6% 22.6% 15.3%
Net Current Assets Liabilities 74.7% 74.7% 82.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -7.1% -7.1% 3.0%
Capital Employed - - -
Total Assets Less Current Liabilities 77.4% 77.4% 84.7%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Liquidity Ratio 4.3 4.3 6.4
Solvency Ratio 0.9 0.9 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Assets 51,434 51,434 60,612
Debt 55,065 55,065 58,792
Net Assets/Debt -3,631 -3,631 1,820

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around B68 8SG
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Leonard Curtis House Elms Square, Bury New Road, Whitefield, Greater Manchester, B68 8SG
DOMINION REAL ESTATES SERVICES LIMITED
186 OLD BIRMINGHAM ROAD, MARLBROOK, WEST MIDLANDS, B68 8SG
STERLING RECOVERY LIMITED
44 Rood End Road, Oldbury, B68 8SG
Document Filings
Change of details for Gurmakh Basra as a person with significant control on 29 January 2026
Confirmation statement made on 20 June 2025 with no updates
Amended total exemption full accounts made up to 30 June 2023
Confirmation statement made on 20 June 2024 with updates
Confirmation statement made on 20 June 2023 with no updates
Amended total exemption full accounts made up to 30 June 2022
Registered office address changed from 44 Rood End Road Oldbury B68 8SQ England to 44 Rood End Road Oldbury B68 8SG on 7 March 2023
Registered office address changed from 4 Westmead Drive Oldbury B68 8QB to 44 Rood End Road Oldbury B68 8SQ on 1 July 2022
Confirmation statement made on 20 June 2022 with no updates
Confirmation statement made on 20 June 2021 with updates
Director's details changed for Mr Gurmakh Singh Basra on 1 July 2021
Confirmation statement made on 20 June 2020 with no updates
Confirmation statement made on 20 June 2019 with no updates
Confirmation statement made on 20 June 2018 with no updates
Notification of Gurmakh Basra as a person with significant control on 31 December 2016
Confirmation statement made on 20 June 2017 with updates
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