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Exel Solutions Limited

10450079

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

31, METRO CENTRE, WATFORD, WD18 9SB
Incorporated 27/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr Mohammed Khayam

director · Since 27/10/2016

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 45

Also on 3 other boards

Mrs Fathima Hasna Khayam

secretary · Since 01/12/2022

Persons with Significant Control

Sanvest Holdings Limited

50–75% shares
50–75% votes
Appoint directors

31 Metro Centre, Dwight Road, Watford, WD18 9SB

Reg: 16221328 · Sanvest Holdings Limited · Limited Company

Notified 31/03/2025

Former PSCs

Mr Mohammed Khayam

Ceased 31/03/2025

Mrs Fathima Hasna Khayam

Ceased 31/03/2025

CompanyRankvs 4023+ SIC 78109 peers
70

Financial strength79th percentile among SIC peers · 20/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.69× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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4023Exel Solutions Limited
69
How is this score calculated?
Financial strength20/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/10/2024

Net Worth

£47k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£84k

Working capital

Current Assets

£134k

Current Liabilities

£50k

Fixed Assets

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£90k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.69-£30k
20232.71+£25k
20221.75+£2k
20211.73+£24k
20201.56+£18k
20191.91+£1k
20181.56—

Derived from filed accounts. Not audited figures.