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X4 Technology Ltd

10524040

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

53 LAUREL AVENUE, EGHAM, TW20 0QD
Incorporated 14/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Michael John Milgrave

director · Since 14/12/2016

ENGINEER

BRITISH · ENGLAND · Age 34

Also on 1 other board

Mr Benjamin James Harper

director · Since 25/05/2018

ENGINEER

BRITISH · UNITED KINGDOM · Age 37

Also on 2 other boards

Persons with Significant Control

Mr Michael John Milgrave

25–50% shares

British · United Kingdom · Age 34

53, Laurel Avenue, Egham, TW20 0QD

Notified 14/12/2016

Mr Benjamin James Harper

25–50% shares

British · United Kingdom · Age 37

142, Midhurst Gardens, Uxbridge, UB10 9DP

Notified 14/12/2018

CompanyRankvs 8007+ SIC 71129 peers
62

Financial strength60th percentile among SIC peers · 15/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.12× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees2/15 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 31/12/2024

Net Worth

£12k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£17k

Current Liabilities

£8k

Fixed Assets

£3k

Debtors

£15k

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.12-£192
202333.03-£158
20225.78-£2k
20211.84-£10k
20202.28+£9k
20192.33+£3k
20181.78

Derived from filed accounts. Not audited figures.