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Xpand Solutions Limited

06849150

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1ST FLOOR 5 CENTURY COURT, WATFORD, WD18 9PX
Incorporated 17/03/2009

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 17/03/2026

Due 31/03/2027

On track

Industry

58290
Other software publishing
62020
Information technology consultancy activities
62030
Computer facilities management activities
63110
Data processing, hosting and related activities

Officers

Dr Ashish Bhagat

director · Since 17/03/2009

DOCTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Dr Arun Kumar Chauhan

director · Since 17/03/2009

DOCTOR

BRITISH · ENGLAND · Age 55

Also on 10 other boards

Persons with Significant Control

Dr Arun Kumar Chauhan

25–50% shares
25–50% votes

British · England · Age 55

1 Patmore Link Road, Hemel Hempstead, HP2 4PX

Notified 06/04/2016

Dr Ashish Bhagat

25–50% shares
25–50% votes

British · United Kingdom · Age 57

1st Floor, 5 Century Court, Watford, WD18 9PX

Notified 06/04/2016

CompanyRankvs 76370+ SIC 58290 peers
37

Financial strength7th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.07× · 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 strength2/25 pts

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

Employees3/15 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 31/08/2024

Net Worth

-£44k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£174k

Working capital

Current Assets

£14k

Current Liabilities

£188k

Fixed Assets

£130k

0avg. employees

Balance Sheet

Assets less current liabilities-£44k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07-£5k
20230.10-£686
20220.03-£163
20210.14+£34k
20200.00-£140k
20190.42-£13k
20180.52—

Derived from filed accounts. Not audited figures.