Bitrez Group Limited
01613527
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 30/01/2026
Due 13/02/2027
Industry
Officers
director · Since 15/10/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 27 other boards
director · Since 15/10/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 28 other boards
Persons with Significant Control
Wigan Industries Limited
Unit 10, Oakhanger Farm, Oakhanger Road, Bordon, GU35 9JA
Reg: 16539657 · Companies House, Cardiff · Private Company Limited By Shares
Notified 15/10/2025
Former PSCs
Mr Brian Allen
Ceased 15/10/2025
Mr Paul Harry Jones
Ceased 15/10/2025
Charges1 outstanding
HSBC UK BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
P. MANGNALL · B. ALLEN
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 319+ SIC 20590 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Net Worth
£897k
Balance sheet strength
Cash
£131
Cash in the bank
Net Current Assets
-£205k
Working capital
Current Assets
£34k
Current Liabilities
£238k
Fixed Assets
£1.3M
Debtors
£34k
Profit After Tax
£3.1M
Tax at Year End
Director Loans(2020)
People Costs(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.14 | +£774k |
| 2023 | 0.00 | -£171k |
| 2022 | 0.01 | +£19k |
| 2021 | 0.45 | -£10.2M |
| 2020 | 2.82 | — |
Derived from filed accounts. Not audited figures.