Pitacs Limited
02505544
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 24/05/1992
DIRECTOR
BRITISH · UNITED KINGDOM · Age 64
Also on 7 other boards
director · Since 24/05/1992
DIRECTOR
TURKISH · ENGLAND · Age 65
Also on 4 other boards
Persons with Significant Control
Mr Saffet Kalender
Turkish · England · Age 65
Bradbourne Point, Bradbourne Drive, Milton Keynes, MK7 8AT
Notified 06/04/2016
Mr Levent Aci
Turkish · England · Age 64
Bradbourne Point, Bradbourne Drive, Milton Keynes, MK7 8AT
Notified 06/04/2016
Charges4 outstanding
HSBC UK BANK PLC
BARCLAYS BANK PLC
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")
HSBC BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
BARCLAYS BANK PLC
CompanyRankvs 1475+ SIC 46900 peers62
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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 going co
Key FinancialsYear ending 31/12/2024
Turnover
£54.4M
Annual revenue
Net Worth
£8.7M
Balance sheet strength
Cash
£91k
Cash in the bank
Profit Before Tax
-£198k
Bottom line earnings
Net Current Assets
£8.2M
Working capital
Current Assets
£31.1M
Current Liabilities
£23.0M
Fixed Assets
£582k
Debtors
£14.0M
Cost of Sales
£48.3M
Gross Profit
£6.1M
Admin Expenses
£3.9M
Operating Profit
£541k
Profit After Tax
-£129k
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.36 | -£129k |
| 2023 | 1.39 | +£222k |
| 2021 | 1.32 | — |
Derived from filed accounts. Not audited figures.