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Xbg Plumbing & Heating Ltd

04780132

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

106 OFFINGTON LANE, WORTHING, BN14 9RP
Incorporated 29/05/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Mark Anthony Murphy

secretary · Since 03/06/2003

SERVICE ENGINR

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Mr Mark Anthony Murphy

director · Since 03/06/2003

SERVICE ENGINR

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Nicola Jane Murphy

director · Since 03/06/2003

SECURITY

BRITISH · UNITED KINGDOM · Age 52

Mr Lee Roger Stafford

director · Since 03/06/2003

SERVICE ENGINR

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Mark Anthony Murphy

25–50% shares
25–50% votes

British · United Kingdom · Age 53

106, Offington Lane, Worthing, BN14 9RP

Notified 30/05/2016

Mr Lee Roger Stafford

25–50% shares
25–50% votes

British · United Kingdom · Age 51

106, Offington Lane, Worthing, BN14 9RP

Notified 30/05/2016

CompanyRankvs 21002+ SIC 43220 peers
41

Financial strength2th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.76× · 6/20
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 strength1/25 pts

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

Employees14/15 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

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

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided

Key FinancialsYear ending 31/08/2025

Net Worth

-£46k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£167k

Current Liabilities

£218k

Fixed Assets

£25k

Debtors

£125k

12avg. employees-1

Balance Sheet

Assets less current liabilities-£27k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.76-£25k
20240.86+£5k
20230.74-£37k
20221.09+£5k
20211.31—

Derived from filed accounts. Not audited figures.