Bitrez Limited
04138468
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 10/01/2026
Due 24/01/2027
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 42
Also on 28 other boards
Former
corporate nominee director · Resigned 26/02/2001
corporate nominee secretary · Resigned 26/02/2001
director · Resigned 27/06/2006
secretary · Resigned 16/01/2014
director · Resigned 15/10/2025
director · Resigned 15/10/2025
Persons with Significant Control
Bitrez Group Limited
Unite 68, Bradley Hall Trading Estate, Bradley Lane, Wigan, WN6 0XQ
Reg: 01613527 · England & Wales · Private Limited Company
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
BITREZ GROUP LIMITED
NATIONAL WESTMINSTER BANK PLC
THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
Change History
Active
Private Limited Company
BRADLEY HALL TRADING ESTATE
WIGAN
CompanyRankvs 15+ SIC 20590 peers70
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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
£27.1M
Annual revenue
Net Worth
£15.0M
Balance sheet strength
Cash
£5.1M
Cash in the bank
Profit Before Tax
£3.0M
Bottom line earnings
Net Current Assets
£15.3M
Working capital
Current Assets
£18.5M
Current Liabilities
£3.2M
Debtors
£5.8M
Cost of Sales
£18.6M
Gross Profit
£8.4M
Admin Expenses
£5.4M
Operating Profit
£3.0M
Profit After Tax
£2.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.77 | -£103k |
| 2023 | 11.51 | — |
Derived from filed accounts. Not audited figures.
Filing History84 filings
confirmation statement with no updates
memorandum articles
resolution
mortgage create with deed with charge number charge creation date
appoint person director company with name date
appoint person director company with name date
termination director company with name termination date
termination director company with name termination date
appoint person director company with name date
mortgage satisfy charge full
mortgage satisfy charge full
mortgage satisfy charge full
accounts with accounts type medium
confirmation statement with updates
accounts with accounts type full
confirmation statement with no updates
accounts with accounts type full
confirmation statement with no updates
accounts with accounts type full
confirmation statement with no updates
accounts with accounts type full
confirmation statement with no updates
change sail address company with old address new address
accounts with accounts type full
confirmation statement with no updates
accounts with accounts type full
confirmation statement with no updates
accounts with accounts type full
confirmation statement with no updates
accounts with accounts type full
confirmation statement with updates
accounts with accounts type full
annual return company with made up date full list shareholders
accounts with accounts type medium
annual return company with made up date full list shareholders
accounts with accounts type medium
annual return company with made up date full list shareholders
change person director company with change date
termination secretary company with name
accounts with accounts type medium
annual return company with made up date full list shareholders
accounts with accounts type medium
annual return company with made up date full list shareholders
accounts with accounts type medium
annual return company with made up date full list shareholders
accounts with accounts type medium
annual return company with made up date full list shareholders
move registers to sail company
change person director company with change date
change person director company with change date
change sail address company
change person secretary company with change date
accounts with accounts type medium
legacy
accounts with accounts type medium
legacy
accounts with accounts type medium
legacy
accounts with accounts type medium
legacy
legacy
legacy
accounts with accounts type medium
legacy
accounts with accounts type medium
legacy
accounts with accounts type medium
legacy
legacy
accounts with accounts type full
legacy
memorandum articles
legacy
legacy
certificate change of name company
legacy
legacy
legacy
legacy
legacy
legacy
legacy
legacy
incorporation company