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Bit Group Ltd

14635287

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

ROYAL HOUSE, CHESTER, CH1 4EE
Incorporated 02/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Michael Stuart Maclean

director · Since 02/02/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 23

Also on 1 other board

Persons with Significant Control

Mr Michael Stuart Maclean

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

British · United Kingdom · Age 23

Royal House, 14 Upper Northgate Street, Chester, CH1 4EE

Notified 02/02/2023

CompanyRankvs 69366+ SIC 47910 peers
32

Financial strength14th percentile among SIC peers · 4/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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69366Bit Group Ltd
32
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.

Employees8/15 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.

Longevity3/15 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 28/02/2025

Net Worth

-£7k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£1k

Current Liabilities

£8k

1avg. employees

Balance Sheet

Assets less current liabilities-£7k
Signed by Mr Michael Maclean 25/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.13-£11k
20243.56—

Derived from filed accounts. Not audited figures.