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Motorbykebitz Limited

09775584

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

STAFFORDSHIRE KNOT, WEDNESBURY, WS10 8TE
Incorporated 14/09/2015

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 07/04/2026

Due 21/04/2027

On track

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mr David Wedge

director · Since 14/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Merlin Business Services Uk Ltd

secretary · Since 15/10/2023

Also on 630 other boards

Persons with Significant Control

Mr David Wedge

Significant control

British · England · Age 66

Staffordshire Knot, Pinfold Street, Wednesbury, WS10 8TE

Notified 01/09/2016

CompanyRankvs 6662+ SIC 45320 peers
39

Financial strength9th percentile among SIC peers · 2/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 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.

Longevity11/15 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 30/09/2024

Turnover

£126k

Annual revenue

Net Worth

-£19k

Balance sheet strength

Cash

£8k

Cash in the bank

Profit Before Tax

-£153

Bottom line earnings

Net Current Assets

-£9k

Working capital

Current Assets

£31k

Current Liabilities

£41k

Fixed Assets

£8k

Debtors

£456

Cost of Sales

£58k

Gross Profit

£68k

Admin Expenses

£51k

Operating Profit

£737

Profit After Tax

-£153

1avg. employees-2

Balance Sheet

Assets less current liabilities-£1k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.77-£153
20230.76-£24k
20226.88-£11k
20218.98+£7k
202014.97-£2k
20192.66+£5k
20189.70

Derived from filed accounts. Not audited figures.