Xl Innovations Limited
04515588
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/01/2003
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 4 other boards
Persons with Significant Control
Mr Mandish Panesar
British · England · Age 52
Unit 4, Anchor Bay Industrial Estate, Manor Road, Erith, DA8 2QA
Notified 20/08/2016
CompanyRankvs 77042+ SIC 96090 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£10k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£7k
Working capital
Current Assets
£6k
Current Liabilities
£13k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.47 | +£0 |
| 2025 | 0.47 | -£4k |
| 2024 | 0.62 | +£939 |
| 2023 | 0.47 | — |
Derived from filed accounts. Not audited figures.