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Xilo Limited

06451134

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

ELECTRIC WORKS, SHEFFIELD, S1 2BJ
Incorporated 12/12/2007

Compliance

Last accounts

31/05/2023

total exemption full

Next accounts due

31/05/2025

Overdue

Confirmation statement

Last: 15/10/2025

Due 29/10/2026

On track

Industry

63110
Data processing, hosting and related activities

Officers

Mr Matthew Stephen Martin

director · Since 12/12/2007

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 13 other boards

Persons with Significant Control

Mr Matthew Stephen Martin

75–100% shares

British · England · Age 44

Electric Works, 3 Concourse Way, Sheffield, S1 2BJ

Notified 12/12/2016

CompanyRankvs 5039+ SIC 63110 peers
47

Financial strength3th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.2× · 2/20
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 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.

Liquidity2/20 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 31/05/2023

Net Worth

-£164k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£125k

Working capital

Current Assets

£31k

Current Liabilities

£157k

Fixed Assets

£7k

5avg. employees

Balance Sheet

Assets less current liabilities-£118k
Prepared with BTCSoftware AP Solution 2024 11.1.01

EstimatesDerived

YearCurrent Ratio
20230.20

Derived from filed accounts. Not audited figures.