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Bitspec Limited

02324775

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

26 FAIRBORNE WAY, SURREY, GU2 9GB
Incorporated 05/12/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Amanda Aitken

secretary · Since 01/01/1992

BRITISH

Mr Peter Aitken

director · Since 01/01/1992

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Peter Aitken

50–75% shares
50–75% votes
Appoint directors

British · England · Age 63

26 Fairborne Way, Guilford, GU2 9GB

Notified 27/12/2017

Mrs Amanda Jane Aitken

25–50% shares
25–50% votes

British · England · Age 62

26 Fairborne Way, Guilford, GU2 9GB

Notified 27/12/2017

Former PSCs

Mr Peter Aitken

Ceased 27/12/2017

CompanyRankvs 69931+ SIC 62020 peers
44

Financial strength4th percentile among SIC peers · 1/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.25× · 2/20
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 strength1/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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 31/12/2025

Net Worth

-£32k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£11k

Current Liabilities

£45k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£32k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.25-£11k
20240.50
20230.84
20221.73
20213.08
20202.95
20192.32
20181.73

Derived from filed accounts. Not audited figures.