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Luxo Limited

03738807

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

PORTMAN HOUSE 2 PORTMAN STREET, LONDON, W1H 6DU
Incorporated 23/03/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr. Maurizio Farace

director · Since 10/11/2015

MANAGER

SWISS · UNITED ARAB EMIRATES · Age 67

Miss Giorgia Clara Dora Farace

director · Since 13/10/2021

COMPANY DIRECTOR

SWISS · SWITZERLAND · Age 37

Persons with Significant Control

Mr Maurizio Fabio Massimo Farace

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

Swiss · United Arab Emirates · Age 67

Portman House, 2 Portman Street, London, W1H 6DU

Notified 06/04/2016

CompanyRankvs 21633+ SIC 82990 peers
63

Financial strength99th percentile among SIC peers · 25/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees6/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

£6.4M

Balance sheet strength

Cash

£22.9M

Cash in the bank

Net Current Assets

£6.4M

Working capital

Current Assets

£27.3M

Current Liabilities

£20.9M

Debtors

£4.4M

1avg. employees

Balance Sheet

Assets less current liabilities£6.4M
Signed by Mr Maurizio Farace 15/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.30+£7.1M
20230.22-£5k
202219.38-£30k
202144.07-£554k
20191.44-£38k
20160.00

Derived from filed accounts. Not audited figures.