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Xl Innovations Limited

04515588

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

167-169 5TH FLOOR, LONDON, W1W 5PF
Incorporated 20/08/2002

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/08/2025

Due 03/09/2026

On track

Industry

96090
Other personal service activities

Officers

Kiranjeet Panesar

secretary · Since 24/01/2003

BRITISH

Mr Mandish Singh Panesar

director · Since 24/01/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 4 other boards

Persons with Significant Control

Mr Mandish Panesar

75–100% shares

British · England · Age 53

Unit 4, Anchor Bay Industrial Estate, Manor Road, Erith, DA8 2QA

Notified 20/08/2016

CompanyRankvs 75074+ SIC 96090 peers
37

Financial strength10th percentile among SIC peers · 3/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

-£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£6k

Current Liabilities

£13k

0avg. employees

Tax at Year End(2023)

Corp tax£948

Balance Sheet

Assets less current liabilities-£7k
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.47+£0
20250.47-£4k
20240.62+£939
20230.47

Derived from filed accounts. Not audited figures.