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Xl Accounting Solutions Ltd.

10692437

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

150B WHITCHURCH LANE, EDGWARE, HA8 6QL
Incorporated 27/03/2017

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 17/04/2026

Due 01/05/2027

On track

Industry

69202
Bookkeeping activities

Officers

Mr Kaushik Patel

director · Since 27/03/2017

ACCOUNTANT

INDIAN · ENGLAND · Age 51

Persons with Significant Control

Mr Kaushik Patel

75–100% shares
75–100% votes
Appoint directors

Indian · England · Age 51

150b, Whitchurch Lane, Edgware, HA8 6QL

Notified 01/09/2021

CompanyRankvs 15690+ SIC 69202 peers
36

Financial strength5th percentile among SIC peers · 1/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 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.

Longevity9/15 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 31/03/2025

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£114

Current Liabilities

£14k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£12k
Signed by Mr Kaushik Patel 29/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£11k
20240.02
20230.02
20220.05

Derived from filed accounts. Not audited figures.