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Bits Consultants Ltd

05334731

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

73 CORNHILL, LONDON, EC3V 3QQ
Incorporated 17/01/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
95110
Repair of computers and peripheral equipment

Officers

Mr Richard Jarrett

secretary · Since 17/01/2005

BRITISH · UNITED KINGDOM · Age 48

Also on 12 other boards

Mr Andrew Michael Bourne

director · Since 17/01/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 5 other boards

Persons with Significant Control

Mr Richard Jarrett

25–50% shares
25–50% votes

British · United Kingdom · Age 48

Flat 5, 62 Ifield Road, London, SW10 9AD

Notified 17/01/2017

Mr Andrew Michael Bourne

25–50% shares
25–50% votes

British · United Kingdom · Age 46

1, Knightsbridge Green, London, SW1X 7NE

Notified 17/01/2017

CompanyRankvs 38852+ SIC 62020 peers
60

Financial strength30th percentile among SIC peers · 8/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.71× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£91k

Current Liabilities

£33k

Debtors

£75k

0avg. employees

Tax at Year End(2021)

Corp tax£2k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20242.71
20232.61
20222.19
20212.01
20201.89
20194.15
20183.25

Derived from filed accounts. Not audited figures.