UK Companies House feature
BITWISE LIMITED
Cash
£2M
-16.8% vs 2023
Net assets
£4M
-13.4% vs 2023
Employees
4
Average over period
Profit before tax
£2M
-3% vs 2023
Profile
- Company number
- SC107588
- Status
- Active
- Incorporation
- 1987-11-13
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | £1,613,194 | £1,564,088 | |
| Net profit | — | — | £1,236,626 | £1,180,770 | |
| Cash | — | — | £2,081,909 | £1,731,916 | |
| Total assets less current liabilities | — | — | £4,977,806 | £4,280,229 | |
| Net assets | — | — | £4,872,058 | £4,220,698 | |
| Equity | — | — | £4,872,058 | £4,220,698 | |
| Average employees | — | — | — | 4 | |
| Wages | — | — | £3,723,210 | £4,159,182 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are of the opinion that these forecasts show the company has adequate cash reserves to continue trading during this period and beyond. As a consequence the directors have prepared the financial statements on the going concern basis.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| O'DONNELL, Kathryn Margaret | Secretary | 2020-02-21 | — | — |
| BRYMER, Stewart, Prof | Director | 2021-06-25 | Jan 1957 | British |
| MCWHIRTER, Ann | Director | 2015-02-01 | Aug 1963 | British |
| MCWHIRTER, Peter Craig | Director | — | Apr 1963 | British |
| O'DONNELL, Kathryn Margaret | Director | 2021-06-25 | Sep 1984 | Scottish |
| WALLS, Thomas, Dr | Director | 2021-06-25 | Oct 1960 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SINGLETON, Andrew Douglas | Secretary | — | 1999-06-21 |
| CCW SECRETARIES LIMITED | Corporate Secretary | 1999-06-21 | 2020-02-21 |
| FINANCIAL TACTICS ACCOUNTS LTD | Corporate Secretary | 1998-11-16 | 1999-12-10 |
| CLARKE, John Bernard | Director | 2001-11-01 | 2021-07-29 |
| DUNCAN, Fergus Ion | Director | 1992-08-30 | 1994-12-16 |
| FREW, Andrew John, Dr | Director | 1992-08-30 | 1995-09-30 |
| MCWHIRTER, Ann | Director | — | 2001-10-31 |
| SHARP, Grant William James | Director | 2021-06-25 | 2022-01-18 |
| SINGLETON, Andrew Douglas | Director | 1992-08-30 | 2005-01-28 |
| SMEATON, Alexander Gary | Director | 2000-12-19 | 2013-12-31 |
| SMEATON, Alexander Gary | Director | 1992-08-30 | 1997-10-31 |
| SMITH, Alasdair Macinnes | Director | — | 1989-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bitwise Group B.V. | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-12-19 | Ceased 2022-01-01 |
| Bitwise Group Bv | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-12-18 | Ceased 2022-12-20 |
| Mr Peter Craig Mcwhirter | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2019-12-19 |
| Mr Peter Craig Mcwhirter | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, Appoints directors, right-to-appoint-and-remove-directors-as-trust, significant-influence-or-control-as-trust | 2016-04-06 | Active |
Filing timeline
Last 20 of 147 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-26 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-12-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-31 | AA | accounts | accounts with accounts type full |
| 2024-12-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-05 | AA | accounts | accounts with accounts type full |
| 2024-01-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-08-23 | AA | accounts | accounts with accounts type full |
| 2023-01-09 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-01-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-12-16 | CH01 | officers | change person director company with change date |
| 2022-12-09 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2022-11-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-04-25 | AA | accounts | accounts with accounts type small |
| 2022-01-20 | TM01 | officers | termination director company with name termination date |
| 2022-01-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-01-20 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2021-11-25 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2021-07-29 | TM01 | officers | termination director company with name termination date |
| 2021-07-02 | AP01 | officers | appoint person director company with name date |
| 2021-06-30 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
9.99
SAFE
Altman Z″
- Working capital / Total assets 0.398 × 6.56 = +2.61
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.306 × 6.72 = +2.06
- Book equity / Total liabilities 5.070 × 1.05 = +5.32
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory