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Xworks Composites Limited

08211885

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

SUITE 4, SECOND FLOOR, AUS BORE HOUSE, WILMSLOW, SK9 1BQ
Incorporated 12/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29201
Manufacture of bodies for motor vehicles

Officers

Mr Andrew David Borrowman

director · Since 12/09/2012

ENGINEER

BRITISH · ENGLAND · Age 60

Also on 9 other boards

Sean Henry Prendergast

director · Since 12/09/2012

ENGINEER

BRITISH · UNITED KINGDOM · Age 60

Also on 4 other boards

Persons with Significant Control

Mr Sean Henry Prendergast

25–50% shares
25–50% votes

British · England · Age 60

Suite 4, Second Floor, Aus Bore House, 19-25 Manchester Road, Wilmslow, SK9 1BQ

Notified 12/09/2016

Mr Andrew David Borrowman

25–50% shares
25–50% votes

British · England · Age 60

Suite 4, Second Floor, Aus Bore House, 19-25 Manchester Road, Wilmslow, SK9 1BQ

Notified 12/09/2016

Charges1 outstanding

Charge
outstanding

PEAK CASHFLOW LIMITED

Created 09/12/2024Registered 10/12/2024

CompanyRankvs 15+ SIC 29201 peers
25

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2024

Net Worth

£175k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£139k

Working capital

Current Assets

£198k

Current Liabilities

£337k

Fixed Assets

£4k

10avg. employees

Balance Sheet

Assets less current liabilities£134k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59-£128
20230.53-£20k
20220.38+£76k
20210.64+£35k
20200.48+£57k
20190.74

Derived from filed accounts. Not audited figures.