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Xaitek Innovations Limited

06776879

active
Private Limited Company
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

THE OLD CARPENTERS WORKSHOP, BODMIN, PL30 5PJ
Incorporated 18/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
59200
Sound recording and music publishing activities
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr. John Monnington

director · Since 18/12/2008

IT CONSULTANT

BRITISH · ENGLAND · Age 66

Persons with Significant Control

John Monnington

25–50% shares

British · England · Age 66

The Old Carpenters Workshop, Rosenannon, Bodmin, PL30 5PJ

Notified 06/04/2016

Pauline Monnington

25–50% shares

British · England · Age 79

The Old Carpenters Workshop, Rosenannon, Bodmin, PL30 5PJ

Notified 06/04/2016

CompanyRankvs 1084+ SIC 16290 peers
41

Financial strength15th percentile among SIC peers · 4/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio -0.62× · 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 strength4/25 pts

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

Employees5/15 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 31/12/2024

Net Worth

-£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£5k

Current Liabilities

-£8k

1avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.62
20230.44

Derived from filed accounts. Not audited figures.