Axcel Group Limited
07206164
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/03/2010
BUSINESSMAN
BRITISH · UNITED KINGDOM · Age 55
Also on 3 other boards
director · Since 29/03/2010
BUSINESSMAN
BRITISH · UNITED KINGDOM · Age 58
Also on 4 other boards
Persons with Significant Control
Mr Sunil Patel
British · England · Age 58
2nd Floor, 29 Dingwall Road, Croydon, CR0 2NB
Notified 29/03/2017
Mr Shamir Patel
British · United Kingdom · Age 55
2nd Floor, 29 Dingwall Road, Croydon, CR0 2NB
Notified 29/03/2017
Charges5 outstanding
METRO BANK PLC
CLYDESDALE BANK PLC (TRADING AS CLYDESDALE BANK AND YORKSHIRE BANK
SANTANDER UK PLC
SANTANDER UK PLC
CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 91243+ SIC 82990 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Net Worth
-£5.9M
Balance sheet strength
Cash
£40k
Cash in the bank
Net Current Assets
-£382k
Working capital
Current Assets
£69k
Current Liabilities
£452k
Fixed Assets
£4.3M
Debtors
£29k
Profit After Tax
£8.8M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.15 | -£5.4M |
| 2021 | 8.12 | — |
Derived from filed accounts. Not audited figures.