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Bit Consultants Limited

03048379

active
Private Limited Company
england wales
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)
  • Going concern doubt noted in accounts (-10)

Details

HALLSWELLE HOUSE, LONDON, NW11 0DH
Incorporated 21/04/1995

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 21/04/2026

Due 05/05/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Mehdi Farr

director · Since 24/04/1995

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 62

Also on 1 other board

Nancy Satariano

secretary · Since 13/07/2007

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Persons with Significant Control

Mr Mehdi Farr

75–100% shares
75–100% votes
Appoint directors

British · England · Age 62

Hallswelle House, 1 Hallswelle Road, London, NW11 0DH

Notified 06/04/2016

CompanyRankvs 81000+ SIC 62020 peers
28

Financial strength3th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees5/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Presentation currency The company's financial statements are presented in sterling. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compa

Key FinancialsYear ending 30/04/2025

Net Worth

-£37k

Balance sheet strength

Cash

£820

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£1k

Current Liabilities

£28k

Debtors

£406

1avg. employees
Signed by Mr M Farr,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£3k
20240.04-£3k
20230.38+£2k
20220.74+£25k
20210.02-£6k
20200.01-£2k
20190.00—

Derived from filed accounts. Not audited figures.