Michael Pitts Limited
04872074
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Gilbert Michael Pitts
British · England · Age 75
Holly Lodge, 54 Bloomfield Park, Bath, BA2 2BX
Notified 06/04/2016
Ms Anne Elizabeth Shepherd
British · England · Age 69
Holly Lodge, 54 Bloomfield Park, Bath, BA2 2BX
Notified 06/04/2016
CompanyRankvs 5731+ SIC 59113 peers55
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
£4
Balance sheet strength
Cash
£14k
Cash in the bank
Net Current Assets
-£48k
Working capital
Current Assets
£64k
Current Liabilities
£112k
Fixed Assets
£17k
Debtors
£50k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.57 | — |
| 2025 | 0.57 | — |
| 2024 | 0.56 | — |
| 2023 | 0.58 | -£40k |
| 2022 | 0.84 | +£645 |
| 2021 | 0.81 | — |
Derived from filed accounts. Not audited figures.