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Luxir Ltd

08502720

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

Some Concerns

25/30
Filing
20/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)

Details

17 SHELDON AVENUE, ILFORD, IG5 0UD
Incorporated 24/04/2013

Compliance

Last accounts

30/04/2024

micro entity

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 24/04/2025

Due 08/05/2026

Overdue

Industry

71111
Architectural activities

Officers

Mr Ravinder Singh Panesar

director · Since 24/04/2013

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Ravinder Panesar

75–100% shares

British · England · Age 45

Hunter House, 109 Snakes Lane West, Woodford Green, IG8 0DY

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation10/04/2026

Zain Iqbal (practitioner)

CompanyRankvs 8720+ SIC 71111 peers
41

Financial strength26th percentile among SIC peers · 7/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees4/15 pts

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

Liquidity12/20 pts

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

Longevity13/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/04/2024

Net Worth

£53

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£82k

Current Liabilities

£81k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£53
Signed by 10 February 2025

EstimatesDerived

YearCurrent Ratio
20241.02
20231.00

Derived from filed accounts. Not audited figures.