Company Overview
Pitlane Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 17 April 1997, so this is a well established company. Pitlane Limited has been in business for 28 years and 11 months. The accounts status is total exemption full and the accounts are next due on Saturday 31 January 2026.
Registered Address

Wellington House, 273-275 High Street, London Colney, Hertfordshire, AL2 1HA
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Companies House Data
Company NamePITLANE LIMITED
Company Number03355389
Registered Office AddressWellington House
 273-275 High Street
 AL2 1HA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date17/04/1997
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date31/01/2026
Accounts Last Made Up Date30/04/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date15/05/2017
Returns Last Made Up Date17/04/2016
Directors & Members
Show Resigned
Ajnis Shah - Director
(British, 65 years old, born January 1961)
Appointed 15 November 2003
 Active
Keval Shah - Director
(British, 37 years old, born September 1989)
Appointed 09 February 2026
 Active
Secretaries
Show Resigned
Other Company Directorships
Ajnis Shah
PRINT-TONERS.CO.UK LTD
Keval Shah
CARS 4 U (LUTON) LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Apr-2024 30-Apr-2022 30-Apr-2021
Balance Sheet
Fixed Assets 1,080 1,080 1,775
Current Assets 223,706 223,706 217,850
Creditors Due Within One Year 113,540 113,540 129,293
Working Cap 110,166 110,166 88,557
Total Assets Less Current Liabilities 111,246 111,246 90,332
Long-term Liabilities 0 0 0
Net Assets 111,246 111,246 90,332
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 111,246 111,246 90,332
Common Size Financial Analysis Unlock full report
Accounts Date 30-Apr-2024 30-Apr-2022 30-Apr-2021
Tangible Fixed Assets - - -
Fixed Assets 0.5% 0.5% 0.8%
Stocks Inventory - - -
Debtors 12.9% 12.9% 16.4%
Cash Bank In Hand 86.0% 86.0% 82.1%
Current Assets 99.5% 99.5% 99.2%
Creditors Due Within One Year 50.5% 50.5% 58.9%
Net Current Assets Liabilities 49.0% 49.0% 40.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 49.5% 49.5% 41.1%
Capital Employed - - -
Total Assets Less Current Liabilities 49.5% 49.5% 41.1%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Apr-2024 30-Apr-2022 30-Apr-2021
Liquidity Ratio 2.0 2.0 1.7
Solvency Ratio 2.0 2.0 1.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 30-Apr-2024 30-Apr-2022 30-Apr-2021
Assets 224,786 224,786 219,625
Debt 113,540 113,540 129,293
Net Assets/Debt 111,246 111,246 90,332

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Appointment of Mr Keval Shah as a director on 9 February 2026
Confirmation statement made on 17 April 2025 with no updates
Confirmation statement made on 17 April 2024 with no updates
Registered office address changed from 25 Scott Road Sundon Park Luton Bedfordshire LU3 3BF to Wellington House 273-275 High Street London Colney Hertfordshire AL2 1HA on 26 April 2024
Change of details for Mr Ajnis Jethalal Shah as a person with significant control on 26 April 2024
Director's details changed for Mr Ajnis Jethalal Shah on 26 April 2024
Confirmation statement made on 17 April 2023 with no updates
Confirmation statement made on 17 April 2022 with updates
Statement of capital on 26 August 2021
Confirmation statement made on 17 April 2021 with updates
Purchase of own shares. Shares purchased into treasury:
Resolutions
Confirmation statement made on 17 April 2020 with no updates
Confirmation statement made on 17 April 2019 with no updates
Confirmation statement made on 17 April 2018 with no updates
Confirmation statement made on 17 April 2017 with updates
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