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Xba Business Finance Limited

05835314

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

35 HEOL ISAF, CARDIFF, CF15 8AH
Incorporated 02/06/2006

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 02/06/2025

Due 16/06/2026

On track

Industry

64999
Other financial service activities

Officers

Mr Richard James Rees

director · Since 02/06/2006

FINANCIAL CONSULTANT

BRITISH · UNITED KINGDOM · Age 67

Also on 3 other boards

Mr Raymond Malcolm Hulmes

secretary · Since 06/08/2010

Also on 13 other boards

Mr Raymond Malcolm Hulmes

director · Since 06/08/2010

ACCOUNTANT

BRITISH · WALES · Age 79

Also on 13 other boards

Persons with Significant Control

Mr Richard James Rees

75–100% shares
75–100% votes

British · United Kingdom · Age 67

35 Heol Isaf, Radyr, Cardiff, CF15 8AH

Notified 06/04/2016

Mr Raymond Malcolm Hulmes

75–100% shares
75–100% votes

British · Wales · Age 79

21 Church Close, Bryncoch, Neath, SA10 7TF

Notified 06/04/2016

CompanyRankvs 10374+ SIC 64999 peers
55

Financial strength13th percentile among SIC peers · 3/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.4× · 12/20
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.

Employees10/15 pts

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

Liquidity12/20 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 30/09/2024

Net Worth

-£46

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£20k

Current Liabilities

£14k

Fixed Assets

£512

Debtors

£6k

2avg. employees

Tax at Year End(2020)

Corp tax£1k

Director Loans(2019)

Directors owe company£5k

Balance Sheet

Assets less current liabilities£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.40
20231.80-£554
20222.13-£3k
20212.76
20201.76
20191.49£127k
20181.47£117k

Derived from filed accounts. Not audited figures.