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Xrail Systems Limited

09582875

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WORKSPACE, PRESTON, PR2 9ZZ
Incorporated 09/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Munir Gulamyahya Patel

director · Since 09/05/2015

SYSTEMS APPLICATION DESIGN MANAGER

BRITISH · UNITED KINGDOM · Age 48

Also on 12 other boards

Persons with Significant Control

Xrail Group Limited

75–100% shares
75–100% votes

Workspace, 3 Caxton Road, Preston, PR2 9ZZ

Reg: 09581016 · Companies House · Limited By Shares

Notified 06/04/2016

Former PSCs

Mr Munir Gulamyahya Patel

Ceased 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/08/2019Registered 15/08/2019

CompanyRankvs 14727+ SIC 71122 peers
20

Financial strength28th percentile among SIC peers · 7/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Employees5/15 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.

Longevity11/15 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

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 company's ability to continue as a going concern. The company has ceased to trade, however remains in operational existence in order to recover assets and settle liabilities. The company cannot settle liabilities without the support of other group

Key FinancialsYear ending 31/05/2025

Net Worth

£100

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

-£187k

Working capital

Current Assets

£41k

Current Liabilities

£228k

Debtors

£41k

1avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.18
20240.18
20230.18
20220.18-£3k
20210.08
20200.56
20191.15-£13k
20181.24

Derived from filed accounts. Not audited figures.