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Grid Xitek Limited

03034543

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

THE MAYFIELD, USK, NP15 1SY
Incorporated 17/03/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Mark Anthony Helmich

director · Since 03/08/2004

DESIGN CONSULTANT

BRITISH · WALES · Age 62

Also on 7 other boards

Mr Sam Pearson

director · Since 27/06/2022

SOFTWARE ENGINEER

BRITISH · WALES · Age 34

Also on 1 other board

Ms Claire Louise Ricketts

director · Since 27/06/2022

BUSINESS DEVELOPMENT MANAGER

BRITISH · WALES · Age 53

Also on 2 other boards

Ms Claire Louise Ricketts

secretary · Since 15/08/2025

Also on 2 other boards

Persons with Significant Control

Gx Group Limited

75–100% shares
75–100% votes

The Mayfield, Llanbadoc, Usk, NP15 1SY

Reg: 14202494 · England And Wales · Limited Company

Notified 22/07/2022

Former PSCs

Mr Mark Anthony Helmich

Ceased 22/07/2022

Charges4 outstanding

Charge
outstanding

JEREMY FRANK SAUNDERS · MARK ANTHONY HELMICH

Created 22/07/2022Registered 26/07/2022
charge
outstanding

BARCLAYS BANK PLC

Created 09/07/2008Registered 23/07/2008
charge
satisfied

FINANCE WALES INVESTMENTS LIMITED · FINANCE WALES INVESTMENTS (2) LIMITED

Created 01/08/2007Registered 03/08/2007Satisfied 04/04/2014
charge
satisfied

FINANCE WALES INVESTMENTS (2) LIMITED

Created 16/07/2007Registered 20/07/2007Satisfied 04/04/2014
charge
outstanding

BARCLAYS BANK PLC

Created 25/07/2003Registered 30/07/2003
charge
outstanding

BARCLAYS BANK PLC

Created 11/02/2000Registered 02/03/2000

CompanyRankvs 1495+ SIC 74100 peers
70

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1495Grid Xitek Limited
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2025

Net Worth

£213k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£75k

Working capital

Current Assets

£677k

Current Liabilities

£602k

Fixed Assets

£406k

Debtors

£472k

Profit After Tax

£35k

7avg. employees-2

Tax at Year End

Dividends paid£78k

Balance Sheet

Assets less current liabilities£481k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.13-£43k
20241.34-£223k
20222.31+£47k
20214.38+£58k
20203.10-£9k
20191.85-£91k
20182.65—

Derived from filed accounts. Not audited figures.