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Bit Advisory Ltd

12099646

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

61 BRIDGE STREET, KINGTON, HR5 3DJ
Incorporated 12/07/2019

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 28/03/2026

Due 11/04/2027

On track

Industry

62020
Information technology consultancy activities
82990
Other business support service activities

Officers

Mr Gordon Makumbi

director · Since 12/07/2019

COMPANY DIRECTOR

DANISH · ENGLAND · Age 51

Persons with Significant Control

Mr Gordon Makumbi

75–100% shares
75–100% votes
Appoint directors

Danish · England · Age 51

320 Firecrest Court, Centre Park, Warrington, WA1 1RG

Notified 12/07/2019

CompanyRankvs 105245+ SIC 62020 peers
31

Financial strength7th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio -0.03× · 2/20
Longevity7 years trading (max 15) · 7/15
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.

Liquidity2/20 pts

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

Longevity7/15 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 31/07/2023

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£433

Current Liabilities

-£13k

1avg. employees

Balance Sheet

Total assets£433
Assets less current liabilities-£12k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20230.03-£8k
20220.25
20211.01
20202.04

Derived from filed accounts. Not audited figures.