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Exagen Development Limited

11698003

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

2ND FLOOR, COACHWORKS, LONDON, W1T 4EF
Incorporated 27/11/2018

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/11/2025

Due 10/12/2026

On track

Industry

42220
Construction of utility projects for electricity and telecommunications

Officers

Miss Emily Grace White

director · Since 18/02/2025

DIRECTOR

BRITISH · SCOTLAND · Age 45

Also on 52 other boards

Ms Lu Wang

director · Since 24/03/2026

CHINESE · UNITED KINGDOM · Age 39

Also on 4 other boards

Persons with Significant Control

Exagen Group Limited

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

2nd Floor, Coachworks, 9-10 Charlotte Mews, London, W1T 4EF

Reg: 12783713 · Companies House · Limited By Shares

Notified 03/08/2020

Former PSCs

Mr Jeremy Littman

Ceased 03/08/2020

Charges0 outstanding

Charge
satisfied

ZENIGO GROUP LTD

Created 03/08/2020Registered 28/08/2020Satisfied 29/07/2022

CompanyRankvs 10560+ SIC 42220 peers
58

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.56× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Longevity8/15 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

-£9.1M

Balance sheet strength

Cash

£139k

Cash in the bank

Net Current Assets

£6.1M

Working capital

Current Assets

£10.1M

Current Liabilities

£3.9M

Fixed Assets

£745k

Debtors

£7.7M

21avg. employees+2

Balance Sheet

Intangible assets£628k
Assets less current liabilities£6.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.56-£2.8M
20231.44-£3.1M
20225.68-£1.9M
20212.56-£998k
20200.33-£193k
20190.07

Derived from filed accounts. Not audited figures.