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Pit Parts Limited

00508665

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

39 High Street Wednesfield, Wolverhampton, WV11 1ST
Incorporated 09/06/1952

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

46900
Non-specialised wholesale trade

Officers

Mr Nicholas Edward Smith

director · Since 01/06/1997

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 6 other boards

Mr Nicholas Edward Smith

secretary · Since 18/05/2017

Also on 6 other boards

Nicholas Edward Smith

director · Since 01/06/1997

British · United Kingdom · Age 71

Nicholas Edward Smith

secretary · Since 18/05/2017

Former

William Edward Smith

director · Resigned 28/12/1996

Laura Elizabeth Charles

secretary · Resigned 03/04/2008

Nancy Elizabeth Smith

secretary · Resigned 18/05/2017

Nancy Elizabeth Smith

director · Resigned 18/05/2017

Persons with Significant Control

W. E. Smith Holdings Limited

75–100% shares
75–100% votes
Appoint directors

39 High Street, Wednesfield, Wolverhampton, WV11 1ST

Reg: 03295926 · Register Of Companies · Limited Liability Company

Notified 06/04/2016

Change History

officer appointedSMITH, Nicholas Edward
2026-08-20
officer appointedSMITH, Nicholas Edward
2026-08-20
statusactive
2026-08-20

Active

typeltd
2026-08-20

Private Limited Company

address line139 High Street Wednesfield
2026-08-20

39 HIGH STREET

post townWolverhampton
2026-08-20

WOLVERHAMPTON

CompanyRankvs 2727+ SIC 46900 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 8.03× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

£1.0M

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£576k

Working capital

Current Assets

£658k

Current Liabilities

£82k

Fixed Assets

£449k

Debtors

£638k

0avg. employees

Balance Sheet

Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.03+£0
20238.03

Derived from filed accounts. Not audited figures.