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X:Drive Computing Limited

03736333

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

THE BEER CART BUILDING, CANTERBURY, CT1 2NY
Incorporated 19/03/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Philip James Cross

director · Since 19/03/1999

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 4 other boards

Mr Reginald Earle Groombridge

director · Since 19/03/1999

ADMINISTRATION MANAGER

BRITISH · UNITED KINGDOM · Age 65

Also on 3 other boards

Persons with Significant Control

Mr Philip James Cross

25–50% shares

British · United Kingdom · Age 62

The Beer Cart Building, Beer Cart Lane, Canterbury, CT1 2NY

Notified 06/04/2016

Mr Reginald Earle Groombridge

25–50% shares

British · England · Age 65

The Beer Cart Building, Beer Cart Lane, Canterbury, CT1 2NY

Notified 01/04/2019

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 19/02/2018Registered 23/02/2018Satisfied 20/08/2024
Charge
satisfied

HSBC BANK PLC

Created 17/01/2018Registered 19/01/2018Satisfied 20/08/2024
Charge
satisfied

HSBC BANK PLC

Created 27/10/2015Registered 06/11/2015Satisfied 17/03/2017
Charge
satisfied

HSBC BANK PLC

Created 24/07/2015Registered 28/07/2015Satisfied 17/03/2017

CompanyRankvs 137+ SIC 62020 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.29× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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137X:Drive Computing Limited
90
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.

Employees15/15 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 31/03/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£861k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.2M

Current Liabilities

£518k

Fixed Assets

£8k

Debtors

£1.4M

11avg. employees

Tax at Year End

Corp tax£192k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20254.29-£105k
20244.15+£78k
20234.65+£252k
20223.28+£411k
20202.68—

Derived from filed accounts. Not audited figures.