Xcede Limited
04740661
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 20/04/2026
Due 04/05/2027
Industry
Officers
director · Since 27/01/2023
CHIEF OPERATING OFFICER
BRITISH · ENGLAND · Age 34
Also on 5 other boards
director · Since 27/01/2023
CHAIRMAN
BRITISH · UNITED KINGDOM · Age 64
Also on 2 other boards
director · Since 13/04/2023
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 58
secretary · Since 19/09/2025
Persons with Significant Control
Xcede Group Holdings Limited
First Floor, 3-8 Carburton Street, London, W1W 5AJ
Reg: 10853242 · England And Wales · Limited Company
Notified 16/08/2017
Former PSCs
Mr Jeremy Howard Bogush
Ceased 16/08/2017
Mr William John Charles Jacques
Ceased 16/08/2017
Charges1 outstanding
INVESTEC BANK PLC
ABN AMRO ASSET BASED FINANCE N.V.
LLOYDS BANK PLC
LLOYDS BANK PLC
VENTURE FINANCE PLC TRADING AS VENTURE FACTORS
CompanyRankvs 11832+ SIC 78109 peers27
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£34.6M
Annual revenue
Net Worth
-£12.6M
Balance sheet strength
Cash
£278k
Cash in the bank
Profit Before Tax
£540k
Bottom line earnings
Net Current Assets
-£12.7M
Working capital
Current Assets
£10.3M
Current Liabilities
£23.1M
Fixed Assets
£168k
Debtors
£10.1M
Cost of Sales
£25.3M
Gross Profit
£9.3M
Admin Expenses
£11.3M
Operating Profit
£1.0M
Profit After Tax
£540k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.45 | +£540k |
| 2023 | 0.54 | -£1.8M |
| 2022 | 0.52 | — |
Derived from filed accounts. Not audited figures.