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Xpan Limited

04059592

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

238 BIRMINGHAM ROAD, BIRMINGHAM, B43 7AH
Incorporated 25/08/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Jagjeet Singh Kudhail

director · Since 06/09/2000

SALESMAN

BRITISH · ENGLAND · Age 58

Also on 11 other boards

Persons with Significant Control

Mr Jagjeet Singh Kudhail

75–100% shares

British · England · Age 58

238, Birmingham Road, Birmingham, B43 7AH

Notified 15/07/2016

Charges2 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 01/12/2023Registered 06/12/2023
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/03/2008Registered 08/03/2008

CompanyRankvs 62979+ SIC 68209 peers
54

Financial strength75th percentile among SIC peers · 19/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 31/08/2024

Net Worth

£74k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£103k

Working capital

Current Assets

£231k

Current Liabilities

£334k

Fixed Assets

£531k

1avg. employees

Balance Sheet

Assets less current liabilities£429k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69+£112k
20230.00-£11k
20220.29+£27k
20210.11+£16k
20200.01+£58k
20190.00

Derived from filed accounts. Not audited figures.