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Xncreations Limited

10716500

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

BOLNEY PLACE COWFOLD ROAD, HAYWARDS HEATH, RH17 5QT
Incorporated 08/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Aaron James Bird

director · Since 08/04/2017

SOFTWARE DEVELOPER

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Mrs Rosalyn Joan Bird

secretary · Since 17/05/2017

Persons with Significant Control

Mr Aaron James Bird

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

British · United Kingdom · Age 40

Bolney Place, Cowfold Road, Haywards Heath, RH17 5QT

Notified 08/04/2017

CompanyRankvs 5406+ SIC 62012 peers
76

Financial strength84th percentile among SIC peers · 21/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.67× · 20/20
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 strength21/25 pts

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

Employees11/15 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.

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 31/10/2024

Net Worth

£69k

Balance sheet strength

Cash

£105k

Cash in the bank

Net Current Assets

£74k

Working capital

Current Assets

£118k

Current Liabilities

£44k

Fixed Assets

£160

Debtors

£13k

2avg. employees

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities£74k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.67+£21k
20234.31-£4k
20226.18+£2k
20215.67

Derived from filed accounts. Not audited figures.