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X-Tech (Open Systems) Limited

02486888

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

HIDEAWAY, READING, RG7 5UA
Incorporated 29/03/1990

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 21/03/2026

Due 04/04/2027

On track

Industry

58290
Other software publishing
93110
Operation of sports facilities

Officers

Mr Richard Gobardansingh

director · Since 29/03/1990

EXECUTIVE TRAINER

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Mr Richard Gobardansingh

secretary · Since 29/03/1992

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Persons with Significant Control

Mr Richard Gobardansingh

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 63

Hideaway, Upper Woolhampton, Reading, RG7 5UA

Notified 29/07/2018

Charges0 outstanding

charge
satisfied

NEWBURY MORTGAGE SERVICES LIMITED

Created 30/11/2004Registered 03/12/2004Satisfied 30/03/2023
charge
satisfied

NEWBURY MORTGAGE SERVICES LIMITED

Created 29/01/1998Registered 05/02/1998Satisfied 30/03/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/02/1996Registered 13/02/1996Satisfied 05/02/1998
charge
satisfied

CO-OPERATIVE BANK P.L.C.

Created 21/08/1991Registered 23/08/1991Satisfied 05/02/1998

CompanyRankvs 178+ SIC 58290 peers
83

Financial strength98th percentile among SIC peers · 25/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 16.18× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£1.5M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.6M

Current Liabilities

£97k

Fixed Assets

£5k

1avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202516.18+£74k
202425.69+£8k
2023172.91+£271k
202215.25-£25k
20216.30+£121k
20208.66+£473
2019-£21k
20181.97

Derived from filed accounts. Not audited figures.