£217k
+20%vs Jul 2024Active05498469Private limited companyRugby
LOTUSBITS LIMITED
Significant control: Michael Joseph Taylor (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Lotusbits Limited sell?
Registered activity: Sale of used cars and light motor vehicles (SIC 45112). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
LOTUSBITS LIMITED is an active private limited company (company number 05498469) incorporated on 4 July 2005, registered in Rugby. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest abridged accounts cover the period ending 31 July 2025, showing net assets of £217k, with 7 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 20% on the prior period (£181k).
Peer position · net assets
By net assets it sits in the top quarter of 329 comparable companies in Coventry (median £1,845, upper quartile £20k).
02
Ownership and control
- Mr Michael Joseph Taylor
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 4 July 200521 yrs ago
- Next accounts due
- 30 April 2027in 189 days
- Confirmation statement due
- 18 July 2027in 268 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 45112
- Sale of used cars and light motor vehicles
- SIC 45200
- Maintenance and repair of motor vehicles
- Accounts type
- Unaudited Abridged
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
7
−12%vs Jul 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 July 2025 | £217k | — | £399k | £264k | — | — | 7 |
| 31 July 2024 | £181k | — | £343k | £262k | — | — | 8 |
Current ratio1.82Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £217,322 at 31 July 2025
- Net assets up 10% or more on the prior period+19.9% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 1.82
- Incorporated five or more years agoIncorporated 4 July 2005
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 268 days
- Next accounts duein 189 days
- Accounts period endNet assets £217k · abridged accounts
- Accounts period endNet assets £181k · abridged accounts
- Incorporated
08
Similar companies in Coventry
- PORSCHEBROKER LHD UK LIMITEDRugby · inc. Apr 2005
- ABBEY CAR TRADE LTDRugby · inc. Apr 2005
- SLSHOP (SALES & SERVICE) LTDLeamington Spa · inc. Jul 2006
- JORDANS CAR REPAIR SERVICES LIMITEDWarwickshire · inc. Apr 2007
- SILK MOTORS LIMITEDStratford-Upon-Avon · inc. Jul 2003
- TONY GILBERT CARS LIMITEDNapton · inc. May 2003
All companies incorporated on 4 July 2005 · in Jul 2005.
09
Reminders for LOTUSBITS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.