Xrail Group Limited
09581016
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/05/2015
SYSTEMS APPLICATION DESIGN MANAGER
BRITISH · UNITED KINGDOM · Age 48
Also on 12 other boards
Persons with Significant Control
Xgroup Holdings Limited
Workspace, 3 Caxton Road, Preston, PR2 9ZZ
Reg: 07693270 · Companies House · Limited By Shares
Notified 06/04/2016
Former PSCs
Mr Munir Gulamyahya Patel
Ceased 06/04/2016
Charges4 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD
CompanyRankvs 30090+ SIC 64209 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
the director is aware of certain material uncertainties which may cause doubt on the group's ability to continue as a going concern. At the balance sheet date the group and company has net current liabilities and net liabilities. The director has forecasted revenues for the next 12 months and is continuing a cost reduction exerci
Key FinancialsYear ending 31/05/2024
Net Worth
-£2.1M
Balance sheet strength
Cash
£316k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£3.9M
Current Liabilities
£6.6M
Fixed Assets
£801k
Debtors
£3.6M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.59 | -£314k | — |
| 2022 | 0.50 | -£3.1M | — |
| 2021 | 1.42 | +£1.0M | — |
| 2020 | 1.09 | +£151k | — |
| 2019 | 0.88 | -£189k | £2.4M |
| 2018 | 0.51 | — | £2.4M |
Derived from filed accounts. Not audited figures.