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Xmg Financial Services Limited

10966723

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 3 , 29-31 GREATOREX STREET, LONDON, E1 5NP
Incorporated 18/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Md Shahadat Hussain

director · Since 09/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Md Shahadat Hussain

75–100% shares

British · England · Age 40

Unit 3 , 29-31, Greatorex Street, London, E1 5NP

Notified 08/10/2022

Former PSCs

Mr Kamaluddin Zainulabuddin

Ceased 13/03/2019

Mr Shinwari Nawaz

Ceased 08/10/2022

CompanyRankvs 19599+ SIC 64999 peers
33

Financial strength5th percentile among SIC peers · 1/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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19599Xmg Financial Services Limited
32
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.

Employees6/15 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 30/09/2024

Net Worth

-£37k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£11k

Current Liabilities

£35k

Debtors

£10k

1avg. employees-1

Tax at Year End(2019)

Corp tax£491

Balance Sheet

Intangible assets£1k
Assets less current liabilities-£23k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32-£22k
2023—-£8k
2020—+£3k
20191.73+£3k
20180.18—

Derived from filed accounts. Not audited figures.