BITO STORAGE SYSTEMS LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2027-03-10 (in 10mo)
Last made up 2026-02-24
Watchouts
Cash
£446K
-66.8% lowest in 6 filed years
Net assets
£2M
-28.8% lowest in 6 filed years
Employees
34
-17.1% vs 2024
Profit before tax
-£87K
-105.3% lowest in 6 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | £15,447,557 | £19,578,145 | — | — | £25,692,009 | £10,762,954 | |
| Operating profit | £739,708 | £1,356,936 | — | — | £1,638,777 | £73,528 | |
| Profit before tax | £738,759 | £1,355,874 | £981,486 | £1,497,928 | £1,623,376 | -£86,583 | |
| Net profit | £581,106 | £1,070,068 | £862,861 | £1,126,583 | £1,194,464 | -£93,013 | |
| Cash | £2,534,089 | £1,227,931 | £765,556 | £4,186,070 | £1,341,492 | £445,799 | |
| Total assets less current liabilities | £2,561,630 | £2,665,689 | £2,324,920 | £3,013,853 | £3,119,000 | £2,237,307 | |
| Net assets | £2,505,880 | £2,591,989 | £2,248,720 | £2,944,253 | £3,061,092 | £2,180,120 | |
| Equity | £2,505,880 | £2,591,989 | £2,248,720 | £2,944,253 | £3,061,092 | £2,180,120 | |
| Average employees | 28 | 32 | 40 | 41 | 41 | 34 | |
| Wages | £1,262,798 | £1,758,754 | £2,165,451 | £2,347,850 | £2,702,874 | £1,637,417 | |
| Directors' remuneration | £199,170 | £266,458 | £189,598 | £303,359 | £348,975 | £116,936 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
-58.1%
£25,692,009 £10,762,954
lowest in 4 filed years
-
Cash
-66.8%
£1,341,492 £445,799
lowest in 6 filed years
-
Net assets
-28.8%
£3,061,092 £2,180,120
lowest in 6 filed years
-
Employees
-17.1%
41 34
-
Operating profit
-95.5%
£1,638,777 £73,528
lowest in 4 filed years
-
Profit before tax
-105.3%
£1,623,376 -£86,583
lowest in 6 filed years
-
Wages
-39.4%
£2,702,874 £1,637,417
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 4.8% | 6.9% | — | — | 6.4% | 0.7% | |
| Net margin | 3.8% | 5.5% | — | — | 4.6% | -0.9% | |
| Return on capital employed | 28.9% | 50.9% | — | — | 52.5% | 3.3% | |
| Current ratio | — | — | — | — | 1.38x | 1.13x | |
| Interest cover | 779.46x | 1277.72x | — | — | 106.41x | 5.63x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having considered these matters, the director concludes that there are no material uncertainties that may cast significant doubt on the company's ability to continue as a going concern. Accordingly, the financial statements have been prepared on a going concern basis.”
Significant events
- “Consequences of global conflicts, political elections in the UK and USA, and the European economic recession continued to affect the company during 2025.”
- “The UK market, which began to slow in the fourth quarter of 2024, experienced a further decline in 2025, which impacted our order intake.”
- “The company obtained ISO 14001 (Environmental Management) certification in 2025.”
- “In 2025, the company also became a full member of the Storage Equipment Manufacturers Association (SEMA), enabling us to contribute to the development of industry standards.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PRICE, Christopher David | Director | 2026-05-01 | Feb 1971 | British |
| SCHILLINGER, Robert Erhard | Director | 2026-02-27 | Oct 1963 | German |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EVANS, Keith Raymond | Secretary | 1999-02-12 | 2000-06-07 |
| SCHILLINGER, Robert | Secretary | 2006-05-18 | 2012-05-25 |
| SCHRECK, Jurgen | Secretary | 2000-06-07 | 2006-05-18 |
| BITTMANN, Fritz August | Director | 1999-02-12 | 2004-09-01 |
| EVANS, Keith Raymond | Director | 1999-02-12 | 2000-06-07 |
| GRUENDEMANN, Bernd | Director | 2004-09-01 | 2011-10-31 |
| HUTCHISON, Edward | Director | 2001-01-02 | 2026-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Sabine Else Maria Bittmann | Individual | ownership-of-shares-25-to-50-percent-as-trust, Voting 25–50%, voting-rights-25-to-50-percent-as-trust, right-to-appoint-and-remove-directors-as-trust, significant-influence-or-control-as-trust | 2024-11-07 | Active |
| Mr Fritz August Georg Bittmann | Individual | Shares 50–75% | 2016-04-06 | Ceased 2024-11-06 |
| Bito Lagertechnik Bittmann Gmbh | Corporate entity | Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 81 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-04 | AA | accounts | Accounts with accounts type full | |
| 2026-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-03-17 | AA | accounts | Accounts with accounts type full | |
| 2024-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-02 | AA | accounts | Accounts with accounts type full | |
| 2023-07-11 | AA | accounts | Accounts with accounts type full | |
| 2023-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-23 | AA | accounts | Accounts with accounts type full | |
| 2022-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-06-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-05-20 | AA | accounts | Accounts with accounts type full | |
| 2021-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.