Bituchem Holdings Limited
02334866
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/03/2001
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 25 other boards
director · Since 22/03/2001
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 2 other boards
director · Since 14/10/2014
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 3 other boards
Persons with Significant Control
Mr Paul Paschali
British · Cyprus · Age 82
Bituchem, Laymore Road, Cinderford, GL14 2YH
Notified 01/01/2017
Charges2 outstanding
CLOSE BROTHERS LIMITED
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BARCLAYS BANK PLC
CompanyRankvs 5246+ SIC 32990 peers48
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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
Key FinancialsYear ending 31/12/2024
Net Worth
£415k
Balance sheet strength
Cash
£1.1M
Cash in the bank
Profit Before Tax
£421k
Bottom line earnings
Net Current Assets
-£1.0M
Working capital
Current Assets
£1.4M
Current Liabilities
£2.4M
Fixed Assets
£1.5M
Debtors
£130k
Admin Expenses
£1.3M
Profit After Tax
£396k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.57 | -£57k |
| 2023 | 0.87 | -£65k |
| 2022 | 1.23 | -£22k |
| 2021 | 1.78 | +£29k |
| 2020 | 1.26 | — |
Derived from filed accounts. Not audited figures.