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Bitnet Solutions Ltd

09004664

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

MCLAREN BUILDING 46 THE PRIORY QUEENSWAY, BIRMINGHAM, B4 7LR
Incorporated 22/04/2014

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 17/04/2026

Due 01/05/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Ashraf Kala

director · Since 22/04/2014

IT CONSULTANT

BRITISH · ENGLAND · Age 59

Also on 1 other board

Ms Milan Mathew

director · Since 22/04/2014

IT CONSULTANT

INDIAN · ENGLAND · Age 41

Mr Kunjal Amin

director · Since 25/05/2016

IT CONSULTANT

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Mr Ashraf Kala

25–50% shares

British · England · Age 59

Mclaren Building, 46 The Priory Queensway, Birmingham, B4 7LR

Notified 05/02/2017

CompanyRankvs 7319+ SIC 62012 peers
77

Financial strength82th percentile among SIC peers · 21/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.83× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 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.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 30/04/2025

Net Worth

£57k

Balance sheet strength

Cash

£70k

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£125k

Current Liabilities

£69k

Debtors

£55k

4avg. employees

Tax at Year End(2024)

VAT£7k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.83+£3k
20242.20-£10k£137k
20233.26-£27k£103k
20223.90+£2k£230k
20214.26+£31k£190k
20202.96+£49k£161k

Derived from filed accounts. Not audited figures.