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Xyz Work Limited

09832818

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O ALLIED LONDON, SUITE 1, BONDED WAREHOUSE, MANCHESTER, M3 4AP
Incorporated 20/10/2015

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/10/2025

Due 02/11/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Frederick Paul Graham-Watson

director · Since 20/10/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 91 other boards

Mr Michael Julian Ingall

director · Since 20/10/2015

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 135 other boards

Mr Suresh Premji Gorasia

director · Since 06/01/2016

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 147 other boards

Persons with Significant Control

Allied London Properties Limited

75–100% shares
75–100% votes

C/O Allied London, Suite 1,, Bonded Warehouse, Manchester, M3 4AP

Reg: 08296768 · Register Of Companies · Limited Company

Notified 31/05/2024

Former PSCs

Capital Properties (Uk) Two Ltd

Ceased 19/12/2016

Allied London Holdco Limited

Ceased 31/05/2024

CompanyRankvs 1919050+ SIC 68209 peers
43

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£7.9M

Balance sheet strength

Cash

£215k

Cash in the bank

Net Current Assets

-£8.6M

Working capital

Current Assets

£831k

Current Liabilities

£9.4M

Fixed Assets

£700k

Debtors

£617k

4avg. employees

Balance Sheet

Assets less current liabilities-£7.9M
Signed by Mr Suresh Gorasia 25 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£825k
20230.13+£86k
20220.08-£971k
20210.16-£1.0M
20200.17

Derived from filed accounts. Not audited figures.