Back to search

Pit Parts Limited

00508665

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

39 HIGH STREET, WOLVERHAMPTON, WV11 1ST
Incorporated 09/06/1952

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

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

Charges0 outstanding

charge
satisfied

MIDLAND BANK PLC

Created 20/07/1977Registered 29/07/1977Satisfied 09/05/2013
charge
satisfied

MIDLAND BANK PLC

Created 29/04/1965Registered 10/05/1965Satisfied 09/05/2013

CompanyRankvs 2798+ 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
Show leaderboard
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+£62k
20214.47+£147k
20202.94+£49k
20192.76+£22k
20182.64
20172.55

Derived from filed accounts. Not audited figures.