# LOTUSBITS LIMITED (05498469)

> 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).

- Status: Active
- Incorporated: 2005-07-04
- Registered office: Rugby, CV23 9RU
- SIC 45112: Sale of used cars and light motor vehicles
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-07-18
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 329 comparable companies in Coventry (median £1,845, upper quartile £20k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £217k | — | £399k | £264k | — | — | 7 |
| 2024-07-31 | £181k | — | £343k | £262k | — | — | 8 |

current ratio 1.82; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net 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 year: Current ratio 1.82
- Incorporated five or more years ago: Incorporated 4 July 2005

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Michael Joseph Taylor — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05498469
HTML: https://firmoscan.com/company/05498469-lotusbits-limited