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6xw Limited

08798589

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)
  • Negative net worth (-10)

Details

5 BEECH COURT, READING, RG10 0RQ
Incorporated 02/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Paul Michael Cook

director · Since 02/12/2013

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 5 other boards

Persons with Significant Control

Mr Paul Michael Cook

50–75% shares
50–75% votes

British · England · Age 64

5, Beech Court, Reading, RG10 0RQ

Notified 06/04/2016

Mr Nicholas Peter Hugh Wrinch

25–50% shares
25–50% votes

British · United Kingdom · Age 72

5, Beech Court, Reading, RG10 0RQ

Notified 15/03/2017

CompanyRankvs 39476+ SIC 62012 peers
37

Financial strength3th percentile among SIC peers · 1/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.02× · 2/20
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 strength1/25 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.

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.

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 30/04/2024

Net Worth

-£180k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£180k

Working capital

Current Assets

£4k

Current Liabilities

£184k

1avg. employees

Balance Sheet

Assets less current liabilities-£180k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£14k
20230.02-£27k
20220.10-£15k
20210.11-£12k
20200.11-£17k
20190.14-£13k
20180.17

Derived from filed accounts. Not audited figures.