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Xpart Limited

10846701

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 15 ERDINGTON INDUSTRIAL PARK, BIRMINGHAM, B24 0RD
Incorporated 03/07/2017

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/07/2025

Due 16/07/2026

On track

Industry

45310
Wholesale trade of motor vehicle parts and accessories
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr John Sebastian Whateley

director · Since 17/07/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Mr Timothy Lyons

director · Since 01/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 6 other boards

Persons with Significant Control

Leacy Uk Limited

75–100% shares

Unit 14/15 Erdington Industrial Park, Chester Road, Birmingham, B24 0RD

Reg: 06515510 · Companies House · Limited Company

Notified 05/01/2024

Former PSCs

Mr John Grahame Whateley

Ceased 03/01/2024

Mr David Martin Keene

Ceased 15/02/2022

Charges3 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 05/01/2024Registered 12/01/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 24/06/2021Registered 28/06/2021
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 29/04/2020Registered 01/05/2020
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 31/10/2017Registered 31/10/2017Satisfied 07/08/2021

CompanyRankvs 11170+ SIC 45310 peers
56

Financial strength82th percentile among SIC peers · 21/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

£278k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£257k

Working capital

Current Assets

£1.1M

Current Liabilities

£832k

Fixed Assets

£28k

Debtors

£318k

2avg. employees

Balance Sheet

Intangible assets£39k
Bank loans & overdrafts£88k
Assets less current liabilities£285k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20231.31-£29k
20221.48+£2k
20211.65+£155k
20201.33+£21k
20190.99+£59k
20180.94

Derived from filed accounts. Not audited figures.