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Bitmore Limited

07563031

active
ltd
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

Handel House, 95 High Street, Edgware, HA8 7DB
Incorporated 14/03/2011

Previously known as

Nuwave Channel Partners Ltd · until 17/05/2022
Ipx Distribution Limited · until 01/02/2013

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/04/2026

Due 18/04/2027

On track

Industry

13990
Manufacture of other textiles
14190
Manufacture of other wearing apparel and accessories
26400
Manufacture of consumer electronics
46499
46499

Officers

Mr Harjinder Singh Parmar

director · Since 01/03/2013

SALES & MARKETING

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Harjinder Singh Parmar

director · Since 01/03/2013

British · United Kingdom · Age 59

Former

Rina Saroya

director · Resigned 01/02/2017

Persons with Significant Control

Mrs Rupinder Parmar

25–50% shares
25–50% votes

British · United Kingdom · Age 57

Handel House, 95 High Street, Edgware, HA8 7DB

Notified 02/11/2020

Mr Harjinder Singh Parmar

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 59

Handel House, 95 High Street, Edgware, HA8 7DB

Notified 02/11/2020

Charges3 outstanding

Charge
outstanding

FE LOAN MANAGEMENT LIMITED

Created 01/06/2023Registered 08/06/2023
Charge
outstanding

WEDO TRADE FINANCE LTD

Created 10/05/2023Registered 17/05/2023
Charge
satisfied

CHANNEL FINANCE S.A., ACTING IN RESPECT OF ITS COMPARTMENT TOGATHER 002

Created 22/06/2022Registered 04/07/2022Satisfied 20/04/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 24/03/2021Registered 26/03/2021
Charge
satisfied

DAVENHAM TRADE SOLUTIONS LIMITED

Created 05/11/2015Registered 07/11/2015Satisfied 04/03/2021
Charge
satisfied

HH CASHFLOW FINANCE LIMITED

Created 03/11/2015Registered 05/11/2015Satisfied 11/05/2023

Change History

statusactive
2026-07-27

Active

typeltd
2026-07-27

Private Limited Company

address line1Handel House
2026-07-27

HANDEL HOUSE

post townEdgware
2026-07-27

EDGWARE

officer appointedPARMAR, Harjinder Singh
2026-07-27

CompanyRankvs 861+ SIC 13990 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees3/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£252k

Balance sheet strength

Cash

£121

Cash in the bank

Net Current Assets

-£70k

Working capital

Current Assets

£920k

Current Liabilities

£990k

Fixed Assets

£455

Debtors

£635k

0avg. employees-5

Tax at Year End

Corp tax£12k

Balance Sheet

Assets less current liabilities-£70k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.93
20240.75

Derived from filed accounts. Not audited figures.