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Bitnet Limited

12379775

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

26 THE BRIANWAY, LEICESTER, LE5 4BH
Incorporated 30/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Shafaat Ali

director · Since 30/12/2019

SALESMAN

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Shafaat Ali

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

British · England · Age 53

26, The Brianway, Leicester, LE5 4BH

Notified 30/12/2019

CompanyRankvs 33299+ SIC 47910 peers
48

Financial strength89th percentile among SIC peers · 22/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

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.

Longevity6/15 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

£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£2k

Current Liabilities

£14k

Fixed Assets

£534

0avg. employees

Balance Sheet

Assets less current liabilities£11k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14+£0
20230.14+£16k
20210.39+£21k
20200.64

Derived from filed accounts. Not audited figures.