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Bitwen Ltd

14343383

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

39 UPPER ORWELL STREET, IPSWICH, IP4 1HP
Incorporated 07/09/2022

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 06/09/2025

Due 20/09/2026

On track

Industry

96090
Other personal service activities

Officers

Mr Aram Aziz

secretary · Since 07/09/2022

Also on 2 other boards

Mr Aram Aziz

director · Since 07/09/2022

COMPANY DIRECTOR

IRAQI · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Aram Aziz

75–100% shares
75–100% votes

Iraqi · England · Age 40

39, Upper Orwell Street, Ipswich, IP4 1HP

Notified 07/09/2022

CompanyRankvs 95908+ SIC 96090 peers
31

Financial strength17th percentile among SIC peers · 4/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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95908Bitwen Ltd
30
How is this score calculated?
Financial strength4/25 pts

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

Employees6/15 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.

Longevity4/15 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

Net Worth

-£781

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£4k

Current Liabilities

£16k

Fixed Assets

£11k

1avg. employees

Balance Sheet

Assets less current liabilities-£781
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.23
20230.38

Derived from filed accounts. Not audited figures.