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X-System Ltd

06393416

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3000A PARKWAY, WHITELEY, PO15 7FX
Incorporated 08/10/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Robert John Ashcroft

director · Since 08/10/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 1 other board

Mr Kenneth John Mckelvey

director · Since 01/04/2013

COMPANY DIRECTOR

BRITISH · PORTUGAL · Age 69

Dr Joan Chika Robertson

director · Since 27/11/2015

DIRECTOR

AMERICAN · ENGLAND · Age 69

Also on 2 other boards

Mr Freddie Vander Elst

director · Since 21/01/2021

COMPANY DIRECTOR

BELGIAN · UNITED KINGDOM · Age 62

Mr Cabot Brown

director · Since 12/09/2022

FINANCIAL ADVISER

AMERICAN · UNITED STATES · Age 65

Professor/Doctor Nigel Osborne

director · Since 10/02/2026

BRITISH · UNITED KINGDOM · Age 78

Michael Andrew Waters

director · Since 10/02/2026

BRITISH · UNITED KINGDOM · Age 70

CompanyRankvs 230+ SIC 72190 peers
85

Financial strength87th percentile among SIC peers · 22/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 12.04× · 20/20
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 strength22/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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

£210k

Balance sheet strength

Cash

£126k

Cash in the bank

Net Current Assets

£212k

Working capital

Current Assets

£232k

Current Liabilities

£19k

Fixed Assets

£1k

Debtors

£105k

5avg. employees

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities£214k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202512.04-£8k
202424.33+£31k
20235.62

Derived from filed accounts. Not audited figures.