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Xer Limited

08710782

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)
  • Current liabilities exceed current assets (-10)

Details

ONE HUMBER QUAYS, HULL, HU1 2BN
Incorporated 30/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr. Charles Spencer

director · Since 30/09/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 1 other board

Mr Scott Curtis

director · Since 11/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 37

Mr Ellis George Denton

director · Since 11/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 30

Mr David John Jennings

director · Since 11/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr James Howard Shaw

director · Since 11/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Charles Spencer

75–100% shares
75–100% votes
Appoint directors

British · England · Age 73

One Humber Quays, Wellington Street West, Hull, HU1 2BN

Notified 06/04/2016

Former PSCs

Mr Nick Halksworth

Ceased 06/04/2016

Project Control Systems & Services Ltd

Ceased 18/03/2024

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 12/12/2019Registered 24/12/2019Satisfied 21/12/2023

CompanyRankvs 30478+ SIC 62012 peers
49

Financial strength37th percentile among SIC peers · 9/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees6/15 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.

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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£100

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£124k

Working capital

Current Assets

£126k

Current Liabilities

£250k

Fixed Assets

£0

Debtors

£113k

1avg. employees-1

Balance Sheet

Intangible assets£15k
Assets less current liabilities-£109k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.50
20230.30
20220.15
20210.10

Derived from filed accounts. Not audited figures.