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Pitt Lane Limited

07055079

active
Private Limited Company
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)

Details

UNIT A, WATLEY FARM WATLEY LANE, WINCHESTER, SO21 2FS
Incorporated 23/10/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Harvey Batchelor

director · Since 23/10/2009

MANAGER

BRITISH · UNITED KINGDOM · Age 63

Mr Michael Clifford Culhane

director · Since 23/10/2009

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Persons with Significant Control

Mr Harvey James Batchelor

75–100% shares
75–100% votes

British · England · Age 63

Unit A, Watley Farm, Watley Lane, Winchester, SO21 2FS

Notified 23/10/2016

CompanyRankvs 20743+ SIC 45200 peers
53

Financial strength15th percentile among SIC peers · 4/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.83× · 6/20
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 strength4/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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

-£3k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£51k

Current Liabilities

£61k

Fixed Assets

£40k

Debtors

£22k

7avg. employees+1

Tax at Year End(2023)

VAT£3k

Balance Sheet

Assets less current liabilities£29k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.83+£3k
20230.61-£15k£51k
20221.88+£5k£59k
20212.07£107k
20200.82
20191.06
20180.92

Derived from filed accounts. Not audited figures.