Exelcis Ltd
05823067
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 19/05/2026
Due 02/06/2027
Industry
Officers
director · Since 19/05/2006
MANAGING DIRECTOR
BRITISH · MALTA · Age 75
Also on 17 other boards
Former
secretary · Resigned 23/12/2019
director · Resigned 02/05/2025
Persons with Significant Control
Mr Amin Farah
British · United Kingdom · Age 75
156 Mayals Road, Swansea, SA3 5HF
Notified 06/04/2016
Change History
Active
Private Limited Company
INSTITUTE OF LIFE SCIENCES ILS 2
SWANSEA
CompanyRankvs 4484+ SIC 63120 peers39
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. 2 Going concern The company has an excess of liabilities over assets at 31 December 2024 and the company's ability to continue trading is dependant on the full support of the company's directors and sha
Key FinancialsYear ending 31/12/2024
Net Worth
-£188k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£181k
Working capital
Current Assets
£235k
Current Liabilities
£416k
Fixed Assets
£2k
Debtors
£233k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.56 | +£48k |
| 2023 | 0.52 | — |
Derived from filed accounts. Not audited figures.